Cement News tagged: International
Maharashtra comes out top
Backed by a robust surge in demand from the housing sector in Mumbai and Pune, Maharashtra topped the charts in cement consumption reporting a 24% growth in January, the highest year-on-year growth am
Cement demand in Spain down
Cement demand in Spain dropped 0.19 per cent year-on-year to 3.4Mt in January 2005, the Spanish Cement Makers Association (OFICEMEN) said on February 16, 2005. Cement production in Spain increased by
Tangshan Jidong Cement acquires transport unit
Tangshan Jidong Cement Co Ltd said its board has decided to acquire a transport unit belonging to Hebei Jidong Cement Group, its parent company, for 44.11 million yuan
Chakwal Cement likely to get financing
Pakistan’s Chakwal Cement is likely to get Rsbn funding from a consortium of banks soon to run the plant and complete the target of production expected to start from next year.
Cement shortage could get severe
There is a shortage of cement in Tucson and southern Arizona and it will likely become more acute this spring. So says David Bittel, plant manager at Arizona Portland Cement Co. in Rillito. Others, to
Syria trade attractive: Iran’s envoy
Iranian Ambassador Mohammad Reza Baqeri said that Syria provides a conducive atmosphere for commercial activities by private Iranian companies, IRNA said. Speaking on
Siam City Cement outlook firm
Siam City Cement PCL Thailand’s second-biggest cement maker, reported a better-than-expected 2004 net profit on Wednesday, driven by strong cement sales. The firm expected Thai cement demand to
Turkish GAP Insaat Opens $160m cement plant in Turkmenistan
Turkish construction company GAP Insaat, part of industrial group Calik Holding, opened a $160m factory in Turkmenistan, it was reported on February 14, 2005. The cement factory has an annual capacit
Good times for the Indian cement sector
The good times are here for the cement sector. There is already a strong surge in demand, coupled with robust prices - and the industry expects finance minister P Chidambaram’s budget to provide
Mexico’s Cemex sets March 1 date for British buyout
Mexico’s Cemex, the world’s No. 3 cement maker, said on Tuesday it expects to conclude its $4.2bn cash acquisition of Britain’s RMC Group on March 1 after winning regulatory clearanc
Holcim deal encourages Italcementi to expand in India
The proposed Holcim acquisition of ACC has increased the appetite of other global majors in the Indian cement sector. Italcementi, world’s fifth largest cement producer is on the prowl in India.
Albania Grants BOO Concession
Albania’s government has awarded a concession to the country’s leading cement producer Fushe Kruje to build a $130m production line that woud enable the plant to cease its imports of clink
Govt must talk to stakeholders on Semen Gresik case
The management of publicly listed state-owned cement producer Semen Gresik is caught in the middle of a fight between its major shareholders, the government and Cemex SA. The Jakarta Post interviewed
Lots of projects but little action
The Indonesian government has issued licenses for 17 new cement projects but none of the projects has been implemented despite an expected shortage in cement supply. Industry Minister Andung A. Niti
OCI to invest in new 2.5Mt greenfield cement plant
Orascom Construction Industries (OCI) Egypt announced that an OCI/Faruk Rasool Group/Blair Sayed Magid consortium has obtained regulatory approvals for the construction
Obasanjo restates commitment to privatisation
Nigerian president Olusegun Obasanjo has expressed his administration’s commitment to it’s Privatisation Policy saying a private sector-driven economy is the only solution to Nigeria&rsquo