Cement News tagged: International
South African producers and price increases
Climbing cement and concrete prices are pushing up the cost of building and property ownership – but South Africa’s cement companies won’t comment on prices. According to local analysts, the price of
Amidst strike, cement firms demand security
Two cement companies Andino and Ideal Dominicana today protested to the authorities, amidst a four day shutdown of their facilities by a truckers’ union drivers, guarantees "to be able to work in a cl
Vassiliko Cement to invest in new silo
Cypriot cement maker Vassiliko Cement Works will invest 6.0 mln Cyprus pounds (Euro 10.5m) in the construction of a clinker silo with a 90,000t capacity, the company said on February 1, 2006. The clin
More commentary on the Holcim deals in India
Holcim’s investments in India will be about $1.6bn if the open offer succeeds or a little over $1bn if it fails, which is quite significant for a manufacturing, commodity business like cement. I
Dyckerhoff’s revenues rise 11 per cent
German cement maker Dyckerhoff achieved an 11 per cent rise in revenues in 2005 to Euro 1.33bn, helped by eastern European and Russian sales, parent company Buzzi Unicem said on Wednesday. The prelimi
New cement plant to be set up in UAE
Al Ruya industry will set up a cement plant with an initial investment of Dh1.5 billion and a capacity of 3.6Mta at
Tender Cancellation hits Portland’s Sudan Contract
The Kenya government’s cancellation of a tender to install a new mill at the East African Portland Cement Company has
Zhigulevskiye produces 888,000t of cement in 2005
Zhigulevskiye Construction Materials JSC produced 888,000t of cement in 2005, a seven per cent rise versus 2004.
Mumbai prices to rise again
Indian cement companies will hike cement prices by INR5 per 50kg bag in Mumbai, effective Feb. 6, said an industry
Best Way to expand Pakistan operations
The Best Way Group of United Kingdom would expand its operations in Pakistan to meet the increased demand for cement, said its
Holcim in focus at JP Morgan
JP Morgan is increasing its DCF-based 18 month price target for Holcim from SF94 to SF106 per share. As its revised price target is 12 per cent above the current share price, the analysts are retainin
Heavyweight Cemex team meets Pakistani officials
Pakistan has massive potential for investment in the cement sector as demand for cement will increase tremendously in the future. This was observed by a high-level delegation of Cemex at a meeting wit
Polpaico implements alternative fuels
Chilean cement producer Cemento Polpaico is implementing an alternative-fuel system that currently covers five per cent of production and will rise to 30-40 per cent in the next five years, as an alte
Indian cement firms hike prices in Mumbai
Top cement producers have raised retail prices by an average 2 rupees per bag in Mumbai, the country’s largest cement market, from Monday because of strong demand from the housing sector, a deal
Siam Cement in Cambodia
Siam Cement’s joint venture with Khaou Chuly MKK Co Ltd., a Cambodian construction and engineering company, will commence production at Cambodia’s largest cement plant in 2008 following th
Ashaka Cement Firm assures local communities
The management of Ashaka Cement, Nigeria has promised its host communities a range of benefits in 2006, as hundreds of youths protested over unemployment problem, non provision of scholarship and soci