Cement News tagged: International
Russian antitrust body to consider Eurocement break-up
Russia’ Federal Antimonopoly Service, or FAS, has ruled that Eurocement Group has been violating the law on competition and is considering forcing Eurocement Group to break up under antimonopoly regul
Brazil’s Camargo Correa to invest US$100m
Brazilian cement producer Camargo Correa is investing US$100m over the next three years in Argentina to boost production capacity and expand a cargo railway line, the company’s newly acquired Ar
Mexican cement growth slows
Although the Mexican cement industry grew three per cent in January-July this year, the national cement chamber (Canacem) predicted growth for the year would be just two per cent due to the slow progr
TPIPL seeks further delay for restructuring
TPI Polene Plc plans to petition the Central Bankruptcy Court this month seeking an extension of its debt-restructuring period by one year to December 2006, according to plan administrator Prachai Leo
Bahrain plans cement venture
Bahrain’s first cement company has been formed in response to rocketing cement consumption, which is a direct result of the country’s booming construction and real estate sectors. The US$4
Argentina authorities approve Camargo-Correa purchase
The Argentine government has approved Brazilian engineering company Camargo-Correa’s (CCG) acquisition of local cement producer Loma Negra’s holding company, the Economy Ministry said in a
Chile Aims at higher cement sales
Chile aims to increase its cement sales to 4.0Mt in 2005, an increase of 6.0 per cent year-on-year, it was reported on October 11, 2005. The sales figure shows an increase compared to the all-time hi
Italcementi interested in five Turkish plants
Italcementi SpA is interested in five of the 10 cement plants which are being privatised by the Turkish government, a spokeswoman said, confirming earlier reports. ’The company is potentially
Management changes at Padang and Tonasa
The EGM of Semen Padang and Semen Tonasa decided that the two companies should increase itsproduction capacity utilization by 10 per cent each starting this year. "Overall, we expect that Semen Gresi
Changes ahead for China markets?
With Chinese cement consumption likely to top the 1bn tonne level in 2005, industry specialists suggest that growth in consumption is likely to moderate significantly in 2006-2007 as Chinese governmen
Holcim expanding in Romania: New kiln line to be built
Holcim (Romania) will be investing more than CHF 150 million in modernising and expanding cement production capacity over the 2005-2008 period, underpinning the company’s objective to continue p
Indian cement growth
The Indian cement industry has posted a 10 per cent growth in both cement production and despatches for the first half of the year ended September 2005, clocking a double digit growth. While cement ma
South African regional cement sales up in Sept
Cement sales in southern Africa rose 13 per cent in September to 1.24Mt, the Cement and Concrete Institute said on Monday. Sales for the region, which includes South Africa,
Turkish Cimentas Wins Lalapasa Cimento tender with high bid
Turkish cement producer Cimentas reportedly won the sell-off tender of cement factory Lalapasa Cimento offering the highest bid of $166.5m it was reported on October 10, 2005. Cimentas competed for
Italcementi to bid for Turkish Plants
Italian cement group Italcementi is keen to take part in a tender to acquire five plants of Turkish cement group Rumeli, Italcementi’s CEO Carlo Pesenti said. The tender will be held in the week
Iran, Venezuela to build cement plant in Monagas
Venezuela’s Basic Industries and Mining Minister Victor Alvarez Saturday announced that Caracas and Tehran had signed a joint venture agreement on the establishment of a cement factory in the Venezuel