Cement News tagged: International
Cement prices in Vietnam
VNCC has committed to keep the prices stable in November and December, at VND720,000-760,000/tonne in the North and 840,000-940,000 in the South. But producers will be hard put to keep the commitments
DJ Thai Court To Rule On TPI Polene
Thailand’s Central Bankruptcy Court is scheduled to rule Tuesday on a petition by TPI Polene PCL to extend its debt restructuring plan for one more year to the end of 2006, the company said in a
Saudi-Algerian cement plant to be built
A joint Saudi-Algerian cement plant worth $200m will be set up in the wilayat of Galfa, south of the Algerian capital Algiers, the chairman of the Arab Cement Union, Prince Sultan bin Mohammed bin Sau
Eurocement Group can solve cement shortages
Eurocement Group, Russia’s leading producer of building materials, is willing and able to solve the cement deficit problem, which could arise before 2010 - according to forecasts by the Federal
Cimpor sees strong improvement in Egypt
In the first nine months of the year, Cimpor improved its turnover by 11.8 per cent to €1158.0m, with operating margins across the group improving slightly as the operating profit at the EBITDA level
Indonesia’s cement sales up
Indonesian cement sales rose two per cent on-year to 32.33Mt in the first 10 months of this year, the cement association (ASI) said. Sales in the domestic market totaled 26.8Mt, up 6.2 per cent year-
Can Tho cement plant to increase capacity
The Vietnamese Ha Tien 2-Can Tho cement plant in the southern city of Can Tho will expand capacity to 800,000tpa at a cost of US$1.5m in order to meet increasing regional demand.
Cemex to spend to increase output in Dominican Republic
Cemex said it would invest up to US$130m to install a new clinker production line to boost production at its San Pedro de Macorís plant in the Dominican Republic, newspaper Listín Diario reported. Th
Wage bills, power costs, shake up cement manufacturers
Operating profit margins (OPM) of cement units in India have taken a hit with rising energy costs and wage bills. Increase in the sales volumes and realisations during the July-September quarter of fi
Russian court upholds antitrust body’s ruling to fine Eurocement
Moscow Arbitration Court has upheld the ruling of Russia’s Federal Antimonopoly Service, or FAS, to fine Russian cement producer Eurocement Group 50,000 rubles, FAS said in a statement Tuesday.
CAF approves US$400mn loan to Votorantim
The Andean Development Corporation (CAF) has approved a long-term corporate loan of US$400mn to Brazilian industrial group Votorantim, the multilateral financing organization said in a press release.
Saudi Yamama cement launches new cement mill
Saudi cement producer Yamama Cement Company (YCC) said on November 19, 2005 it had put into operation an additional cement mill. The new cement mill has a daily capacity of 6,000t. YCC’s daily c
Saudi El-Maimani Group plans US$200m cement plant in Egyptian Safaga
Saudi Arabia’s diversified El-Maimani Group plans to build a cement plant in Egypt’s Red Sea port of Safaga for an estimated $200m. The bulk of the plant’s output will be exported to
Italcementi to make investments in Turkey
Carlo Pesenti, the CEO of Italcementi Group which is the world’s fifth biggest cement producer, said on Tuesday that their group intends to make new investments in Turkey. Pesenti will arrive i
Cement prices may rise Rs 10
India’s top cement makers are likely to raise prices in the west, north and south, mainly on strong demand. Mumbai-based ACC has already increased prices between Rs 2 and Rs 5 per bag to cash in on st
Apave Vietnam to construct cement plant
An industry ministry-owned company has retained Apave Vietnam to manage construction of a cement plant in the country’s northern mountainous region. Following a contract signed between Apave an