Cement News tagged: International
Cement discussions with US ’advanced’
Mexican Economy Minister Sergio Garcia de Alba said Wednesday that talks with the US aimed at settling a 15-year-old dispute over cement import duties are "very advanced," and that an agreement could
Russian court upholds FAS’ decision
On January 10, 2006 Moscow arbitration court fully upheld the Federal Antimonopoly Service’s decision involving Eurocement Group JSC. As was earlier reported, the Federal Antimonopoly Service br
Iraqis Deal with cement shortages
Iraq is benefiting from a construction boom - in no small part due to the infusion of more than US$20bn in reconstruction money. The reconstruction has fuelled a demand for many building materials and
Analysts expect strong growth for cement sector this fiscal
Analyst expect the cement sector go through strong growth during the current fiscal year with higher demand and profit margins, however they estimated it to be unsustainable due to continuous increase
Chilean Melon to build US$20m plant in Central Chile
Chile’s leading cement producer Empresas Melon, controlled by the French based construction materials group Lafarge, plans to build a new cement grinding plant in Chile’s Region V, in the
Cement industry expects to grow at least 2.5% in 2006
Mexico’s national cement chamber (Canacem) believes that the industry will grow by around 2.5% this year, but factors such as the presidential elections could lift growth even further, according
Mexico nears cement deal with US
Mexico is close to a deal with Washington to end a 15-year cement fight over US duties after cement shortages in the United States forced the neighbours to end the dispute.
GCC not planning to pull out of Bolivia
Despite radical left-winger Evo Morales’ comfortable victory in Bolivia’s recent presidential elections, Mexican cement maker Grupo Cementos Chihuahua (GCC) is optimistic about its investm
Steppe Cement to get tax breaks, Kazakhstan
Karcement JSC, a subsidiary of AIM-listed Steppe Cement Ltd, has been given a five year tax exemption by Kazakhstan when it begins work on refurbishing dry kiln lines in 2006 and 2007.
Lafarge to invest more in Ecuador
Lafarge plans to invest US$12 million in its Ecuadorean unit Cementos Selva Alegre over the next three years, the chief financial officer of the Andean unit said Monday. The investment
Indonesia’s Semen Baturaja to launch IPO
State-owned cement producer PT Semen Baturaja said it will launch an initial public offering (IPO) this year and sell 40 per cent of its shares to the public. The company, which is located
Pakistani cement units penalised
The Monopoly Control Authority has imposed penalty of Rs 100,000, and Rs 10,000 per day, from the middle of November 2005, against 18 cement factories for non-compliance of its
Yemeni Al-Barh Cement Plant output
Yemeni state-run al-Barh Cement Plant in the southwestern governorate of Taiz produced a total 569,437t of cement in 2005, the plant’s director general Hussain Saeed al-Malaisi said
State and producers royalties dispute
Government and cement producers are reportedly in dispute over the companies’ refusal to pay a two per cent royalty in a development that has unearthed inconsistencies in the country’s min
Jiangxi joint venture, China
Jiangxi Wannianqing Cement Co, Ltd (Jiangxi Cement) announced on January 5 that the company has clinched an agreement with a building material company in Ganzhou city in
Domestic cement deliveries up 7.9%, Switzerland
The domestic cement deliveries in Switzerland’s cement industry increased by 7.9 per cent YoY to 4.268Mt in 2005, the local industry association Cemsuisse said.