Cement News tagged: International
Portland to build new mill
The East African Portland Cement will use its own money to finance the building of a Ksh800 million (US$10.9m) fifth clinker mill that will see its production capacity increase by nearly 100 per cent.
Bolivian news brief
Bolivian cement producer Fancesa has threatened to abandon the Puente Sacramento-Puente Arce road project if it is not given more area to pave, newspaper Correo del Sur reported. "We have made our be
Colacem opens plant in Dominican Republic
Italian cement producer Colacem officially opened on October 26, 2005 its new production plant in Santo Domingo, in the Dominican Republic. The plant will be managed by Colacem-controlled company Domi
Tasek expects growth as market stabilises
Tasek Corporation Bhd expects a five per cent growth in revenue for the financial year ending June 30, 2006 from RM224.47 million in the previous year as the local cement market has stabilised and the
Russian RATM to invest in new plant
Russia’ Novosibirsk-based RATM Industrial Commercial Group plans to invest up to Euro 120m in the construction of a cement plant in the Novosibirsk Region, the company’ President Eduard Taran said at
GCC reports record results
Grupo Cementos de Chihuahua (GCC) now a leading cement producer in its markets in Mexico, United States and Bolivia, today announced its consolidated results for the quarterly period ended September 3
Colombia’s Argos earnings up
Cemento Argos, Colombia’s biggest cement company, on Wednesday reported a 23 per cent jump in Jan-Sept net earnings compared with the same 2004 period on higher sales and investment income
Chile Cement Sales Up
Chilean cement sales rose 5.8 per cent year-on-year for January to September 2005, Chilean Construction Chamber CChC said on October 26, 2005. The three local producers sold 7.8 million bags of cemen
Cement war in nobody’s best interest
South African cement supplier Holcim said it is committed to free enterprise and welcomes competition in Namibia, which, the company said has always been to the benefit of consumers. In a statement, H
Holcim denies misconduct In Hungary
Holcim has repudiated charges of misconduct in Hungary. The company said a Hungarian court has supported Holcim’s role in the privatization of the Hejocsaba cement plant. Holcim said unrealistic
USG achieves record volumes again
USG Corporation, the leading North American plasterboard producer, increased turnover by13.9 per cent to US$3,804m in the first nine months of the year, with the trading profit advancing by 38.3 per c
Anhui Conch 3Q net profit down
China’s largest cement maker Anhui Conch Cement Co Ltd said its third quarter net profit fell 9.4 per cent year-on-year to 119.2 mln yuan, with market demand weakened by the government’s m
Government backs embattled cement company
The Namibian Ministry of Trade and Industry says it will see to it that the new Cheetah Cement Company is not squeezed out of business by South African suppliers and their local distributors. Trade an
Pueblo debate on new $200m plant while shortages mount
Mexican cement manufacturer GCC is close to investing $200m to build a new plant in Pueblo. It comes at a time when shortages of cement are reportedly delaying construction projects around the state.
Hurricane contributes to cement shortages in Canada
Contractors in Alberta’s booming construction industry say this year’s devastating hurricane season along the Gulf Coast is going to make a cement shortage even worse. Builders say high demand for cem
Cemex Venezuela sees sales growth
Cemex Venezuela, a unit of Mexican Cemex expects sales to grow 18 per cent this year from 2004 and sees another 10 per cent increase for next year, the affiliate’s president said on Tuesday. En