Cement News tagged: International
Pakistan plant in production next year
Pakistan Cement Company (PCC) will go into regular production from April next year after a lapse of long ten and a half years of this plant’s set up. PCC chief financial officer, Shafquat Mahmood told
US cement forecasts
Experts predict cement consumption this year to increase more than five per cent over 2004 levels, despite this year’s hurricanes. Residential construction is expected to decline due to raising
CP Cimento sale likely
CP Cimento is now reportedly up for sale. The indebted and loss-making cement maker is Brazil’s seventh largest with a five per cent market share and operates four plants in the
Eurocement produces more cement
Moscow: the Eurocement Group produced 19.7Mt of cement in the first 10 months of 2005 including output from the two Ukrainian enterprises of the group produced in the same
Cemento Melón plans investment for 2006
Chilean cement company Cemento Melón, which is owned by Lafarge,has plans to invest some US$12m in 2006, newspaper La Segunda quoted the company’s finance director Joao Pereira as saying. From t
Regulators approve Cementos del Caribe merger
Colombia’s securities regulator Supervalores and companies regulator Supersociedades have issued authorizations for the merger of cement firm Cementos del Caribe with seven other Argos cement co
Kuwaiti Hilal cement nine month net profit down
Kuwaiti cement and building materials trader Hilal Cement Company posted a net profit of KWD1.1m (US$3.8m) in the first nine months of 2005, down from KWD1.4m (US$4.8m) in the same period of 2004. Ear
Lafarge to build plant in Bordeaux
Lafarge Ciments, the cement division of the eponymous French building materials group, is to invest more than 20m euros in its new slag-crushing plant in the industrial zone of the port
Saudi-Tunisian plan to be established, Tunisia
A $135m cement plant with joint Saudi and Tunisian investments will be established in Tunisia, unnamed Saudi investors said. The cement plant will be located in al-Akareet region
JLP calls for reduction of cement duty
Jamaica Labour Party (JLP) spokesperson on industry, commerce and investment, Senator Shirley Williams, has urged the government to immediately restore normality to the
Construction of Son Duong cement plant begins
Work started on November 25 for the construction of the Son Duong cement plant with a capacity of 400,000 tonnes a year in the mountainous northern province of Tuyen Quang.
Private entrepreneurs to construct 20 new cement plants, Iraq
The government has issued licenses for the construction by private entrepreneurs of 20 new cement plants, according to the minister of industry and minerals. The minister, Osama al-Najafi, said the pl
Saudi-Algerian Cement Company
President of the Arab Cement Federation, Prince Sultan ibn Muhammad, said that a Saudi-Algerian cement company would be established at a total cost of SR200m, Al-Watan
Cement and chocolate
House of Representatives’ Commission VI urged the government to include cement industry and chocolate manufacturing sector in the Investment Negative List (DNI). Nusron Wahid, Az
YTL Malaysia improves
YTL Corp Bhd has reported a significant jump in both revenue and net profit to RM1.36bn and RM183.7m respectively for the first quarter ended Sept 30 on improved operating results from its cement manu
China ready to invest in Syrian cement
Syrian Minister of Economy and Trade Amer Lutfi said Wednesday that China may invest in the local cement industry. “Syria’s annual production of cement reaches 4.5Mt. People and industries in Syria ar