Cement News tagged: International
Titan Cement reports higher earnings
Titan Cement Company SA, Greece said on Thursday that group operating EBITDA for full-year 2004 grew by 9.3 per cent to Euro323 million from a year earlier,with group net profit after minorities and t
Orascom adds cement capacity
Orascom Construction Industries announced that United Cement Company of Nigeria Ltd. (UNICEM) will construct a new greenfield cement plant with an annual production capapcity
Indonesia may study Mandiri stake sale
The government may study a proposal to divest a 10 per cent stake in PT Bank Mandiri to raise funds for settling its long-standing dispute with Mexican cement maker Cemex SA over
China Resources Cement to expand capacity
China Resources Cement Holdings Ltd plans to invest 500 million yuan to double production capacity at its cement plant in China’s southern province of Guangxi, a source close to the
India Cements puts off AP units sale plan
Buoyed by a heavy dose of funds from overseas investor Asia Debt Management, India Cements, South India’s largest cement manufacturer, has decided to shelve the plan to sell its Andhra Pradesh-b
Q & A session with Cemex’s Gilberto Perez
In a recent Houston interview, Gilberto Perez, the president of US operations for Cemex, gave a few insights into Cemex plans for its US operations
Siam City Cement looking to acquire stakes in local cement companies , Thailand
Siam City Cement Plc (SCCC), the country’s second largest cement producer, plans to acquire stakes in other local cement makers, according to managing director Leo Mittelholzer, according to loc
Cementos Argos investment, Colombia
Colombia’s largest cement producer Cementos Argos invested US$15m in capacity increases in 2004, the company said in a statement.
Cement industry grows despite falling indices, Iran
A senior economic official saidthat a major portion of the US$5bn worth of funds the government allocated for private enterprises in the year to March 2005 has been invested in cement industry.
Baticim to produce 1.5Mt cement in 2005, Turkey
Turkish cement, clinker and ready mix concrete producer Bati Cimento (Baticim) plans to produce 1.5Mt of cement in 2005.
Lafarge to increase its plasterboard capacity by 50%, UK
Lafarge announced that it will invest approximately EUR45m in a new plasterboard plant in the Midlands, which will increase its capacity by 50% in the UK with an additional 25Mm2.
Asia Cement says China unit given until June for Hong Kong listing, Taiwan
Asia Cement Corp said its China-based unit, Jiangxi Yadong Cement Co, has been given until June to list in Hong Kong.
Cement shortage to intensify
There is a shortage of cement in Tucson and southern Arizona, and likely will become more acute this spring.
Cement corporation vows no price increases in 2005, Vietnam
The Viet Nam Cement Corporation will not increase cement prices this year in an effort to maintain market stability for the building material, said General Director Nguyen Van Hanh.
Jan consumption down 4.2% YoY, Indonesia
Domestic cement consumption in January totalled 2.24Mt, down 4.1 per cent from 2.34Mt a year earlier, led by falling consumption in Central Java, the Indonesian Cement Association (ASI) said in a re
Production up 12.2% in 2004 to 1.28Mt, Bolivia
Bolivian cement production increased 12% in 2004 to 1.28Mt compared to the year before, according to the country’s national statistics institute (INE).