Cement News tagged: International
Pakistan cement sales up 12 per cent
Cement sales during the first six months of the current fiscal year registered a growth of 12.09 per cent as construction activity in the country was in full swing despite the fact that during this pe
Cemento Melón submits new plant for approval
Chile’s Cemento Melón group, controlled by France’s Lafarge, has submitted to the national environmental commission (Conama) an environmental impact study (EIS) for its new cement milling
Konya Cimento to invest in cement mill construction
Turkish building materials producer Konya Cimento will invest Euro 12m in the construction of a new cement mill, the company said in a statement to the Istanbul Stock Exchange (IMKB)
Indian cement sales show steady gains
Local analysts expect India’s demand (including exports) to increase by about 10Mt in the new calendar year and cross the 150Mt mark.
Another Chinese supplier opts for IPO
China National Building Materials, the mainland’s largest provider of products used in construction, plans to raise up to US$150m in an initial public offering in Hong Kong this quarter, market
Ramco to set up cement plant in Gulf
India’s business group Ramco has started negotiations with potential partners for setting up a US$100m cement plant in the Gulf region, a senior company official said here. The
Indonesian cement increases by 5.9 per cent
The sales volume of domestic cement in January-November 2005 has increased by 5.9 per cent to 28.864Mt from 27.244Mt in the same period in 2004. However, the total volume of
Four cement projects in Khuzestan
Projects to implement four cement development plans in Khuzestan Province, Iran have already received required credit facilities and the existing capacity of 8500tpd would be
Indian coal supplies get expensive
Domestic coal may soon become dearer for the cement and steel and sectors. Apparently because these sectors have been asked to source at least 20 per cent of their needs from the open market.
Morgan Stanley, IFC US$200m bet on Conch
Conch Cement said 31 December that its parent would sell 180 million shares, or about 14.3 per cent of the share capital, to the two.
Indian building boom spurs cement capacity drive
Indian cement makers are pouring money into new capacity as builders race to meet orders for new homes and roads for an economy
Cementos Argos merger sealed at last
The merger of seven Grupo Empresarial Antioqueño (GEA) cement firms into Cementos Argos, formerly called Cementos del Caribe, has finally
Venezuelan President Establishes State Owned Basic Industries Co
The President of Venezuela, Hugo Chavez, established a National Company of Basic Industries with a decree issued on December 28, 2005
CRH buys stake in Spanish cement maker
In a report first mooted on CemNet back in January 2005, CRH, the Irish building materials company, has now just bought a 26.3 per cent
Anhui Conch Cement confirms MS-IFC investments
MS Asia Investment, an entity controlled by Morgan Stanley Private Equity Asia (MSPEA), Thursday announced here the signing of a definitive agreement
Indonesia’s Nov cement consumption up
Indonesia’s cement consumption, a good indicator of economic activity, rose 3.2 per cent in November from a year earlier, the country’s largest