Cement News tagged: International
New plant for Padang?
PT Semen Padang, the West Sumatra unit of the country’s largest cement maker PT Semen Gresik, plans to construct a new cement plant, starting next year, to meet future rising demand. In its rec
DTI orders price cut
The Department of Trade abnd Industry (DTI) has warned cement manufacturers in Cebu to price their products more reasonably or face intervention by the agency. DTI Secretary Cesar Purisima himself fo
Mexican prices to rise
Mexico’s two major cement makers Cemex and Apasco raised prices this week by 5 to 6 per cent, eliminating discounts from last year to compensate for higher costs, sources said. At the start of
Eurocement increases production
In January 2004, the Eurocement holding company produced more than 320,000t of cement, a 18 per cent year-on-year rise. Packed cement production increased by 25 per cent year-on-year. Eurocement plan
Holcim to accept Azerbaijan claims?
The Minister for Economic Development Farhad Aliyev told Azer-press that the decision of the board of Holcim to replace the board and chairman of the board of Garadagh Cement is the indirect admission
Indonesia appoints new negotiator
The government has appointed a new negotiator, Brigitte Stern, in the arbitration proceedings with Mexico’s Cemex Asia Holding Ltd over the sale of state-owned cement firm PT Semen Gresik, Bisni
Vietnam: work on new plant begins
Construction of the northeastern region’s largest cement plant kicked off in the northern mountainous province of Yen Bai on Sunday. The Yen Binh cement plant, which is expected to have an annua
Blended cement for Northern Ireland
Lafarge Cement Ireland has signed an agreement with Civil and Marine Slag Cement Ltd which will increase Lafarge Cement’s range of products available in the Irish Market. To Civil and Marine&rs
Boral extends takeover bid
Boral has extended the offer by a month to April 8, 2004 as it seeks approval from the Australian Competition and Consumer Commission (ACCC). "Boral yesterday received a formal request from the ACCC
Fortune Cement to expand
Publicly listed Fortune Cement Corp is investing P800 million to expand capacity at its Philippine Batangas facility in order to meet increasing demand. The expansion would increase output to 3300 to
Cypriot Vasillico Cement sells
Cypriot cement manufacturer Vasilico Cement reported sales of 1,266,000t of cement and clinker for 2003, up from 1,223,000t for 2002, the company’s unaudited financial results showed. The compa
Argos interested in Panama growth
Colombia’s Cementos Argos is considering the possibility of asking its co-owner in Cementos Panama, leading world cement producer Holcim, to sell it its 50 per cent stake, La Nota reported. If
Spanish Cementos Portland
Cementos Portland, a subsidiary of Spanish construction and services company Fomento de Construcciones y Contratas, posted a net attributable profit of 148.5 mln euro in 2003, a 30.5 per cent year-on-
Nghi Son Cement targets higher revenues
Hanoi: Nghi Son Cement Corporation in central Thanh Hoa province has worked out this year’s plan to record US$94m in sales revenues and net profit of US$12m, spend US $28m on settling its initia
Vietnam cement opportunities
Foreign investors will find Vietnam’s two important industries, cement and electricity, more attractive since the country’s ministries will, this year, propose the government loose require
Irish housing boom boosts Readymix
Readymix, the Irish cement producer that is 62 per cent owned by RMC, reported a 4.2 per cent increase in pre-tax profits for 2003, helped by record levels of housebuilding in the Republic.