Cement News tagged: International
Semen Padang spin-off protests
Dozens of local public leaders and senior politicians have renewed their pressure on the central government to spin off West Sumatra-based cement maker PT Semen Padang from its parent company PT Semen
Grasim, L&T to vote together
Larsen & Toubro (L&T) will vote with Grasim Industries in the demerged cement company UltraTech Cemco till it exits the company in 2009. This is significant because after Grasim Industries’ ope
Cement production up by 23.5%
In April, cement production in the Ukraine rose by 23.5 per cent or 186,000t compared with April 2003, to 977,000t. In April, cement production rose by 28.9 per cent or 219,000t compared with March 2
Hima calls for more cement roads
Uganda: Hima Cement managing director, Mr Mbuvi Ngunze, has said government should increase the use of cement in road construction. He said that experts in road construction now recommend the use of
Mini-Hemadri to re-open?
With the cement industry buoyant on revival of demand and surge in prices, Hemadri Cements Limited, a mini-cement company in Andhra Pradesh, has firmed up plans to reopen its plant which has been clos
Tax reductions unlikely
Contrary to expectations, the Pakistan federal government is unlikely to consider a proposal to reduce the central excise duty (CED) on cement in the forthcoming federal budget for the fiscal year 200
Cemex pushes US to lift duties
Cemex is once again pushing the United States to lift its anti-dumping tariffs on Mexican cement (in place since 1990) and says it would help ease a shortage of the product in the United States. A co
Thai ready-mix trends
The Concrete Products and Aggregate Co (CPAC), a ready mixed concrete producing unit of Cementhai Company, said its total sales¹ revenue this year is expected to reach 10 billion baht. CPAC¹s managin
Monarch Cement hits a high
EBITDA for The Monarch Cement Company for its quarter ended March 31, 2004 was $2,552,643, a 232 per cent increase over the year earlier same quarter when Monarch Cement generated $769,860 in
TPI gets green light to bid for partners
Bangkok Bank Plc (BBL), in its capacity as a creditor of the Thai Petrochemical Industry Plc (TPI), said it has no objections to a plan to bring in PTT Plc (PTT) and Siam Cement Plc (SCC) as TPI¹s par
Cement firm builds to meet demand
Taiwan-based Chia Hsin Cement Greater China Holdings says it will complete a planned cement grinding mill and a new production line on schedule to meet surging demand for high-grade cement on the main
Cement shortages posing threat to US construction boom
The construction boom in the United States faces a potentially serious new threat from cement shortages, which began a month ago in Florida and are spreading to other states.
Peruvian Cementos Pacasmayo net profit down to US$4.52m
Peruvian cement producer Cementos Pacasmayo has posted a net profit of PEN15.74m (US$4.52m) for the first quarter of 2004, compared to PEN16.3m soles for the same quarter of 2003.
Chinfon receives licence for expansion
The Chinfon Cement Hai Phong Company has received licence from the government to invest another US$162m in a factory expansion.
Cement consumption falls 3.82% in 2003, Philippines
Average consumption of cement in the country contracted last year on the back of a slump in the importation of cement during the period. Figures from the Cement Manufacturers’ Association of the
The CeMAP figures cover consumption of local cement and cement imports.
Cement consumption of Luzon-based manufacturers remained unchanged in 2003 relative to the year-ago level of 194.40m bags, equivalent to 7.78Mt. Total cement sales in Luzon reached 194.16m bags, up 3.