Cement News tagged: International
Jurong Cement warns of H1 to September losses
Jurong Cement Ltd said it expects to report losses in its first half to September results, citing operational difficulties in China. It said Beijing’s efforts to cool the Chinese economy
Again Job Cuts at Dutch ENCI
Dutch cement factory ENCI will be affected again by job cuts, the parent company, German cement producer HeidelbergCement AG, said on September 29, 2005.
Cement shortage looms in eastern Africa
An acute shortage of cement is looming in eastern Africa following the return of peace in Sudan and the easy calm in the Democratic Republic of the Congo, which has sparked a vibrant economic environm
Syria, China to build cement factory
A Chinese public company for construction inked on Thursday a memo of understanding in Beijing with a Syrian private company for development to build a black cement factory near Damascus, Syrian daily
Growing demand blamed for cement price hikes
A senior Ministry of Industries and Mines official said that growing international demand and high oil prices are responsible for the recent hikes in cement price, rejecting reports that the Ministry
Spanish Prasa Buys Tunisian-Algerian Sotacib
Spanish property group Prasa has fully acquired Tunisian-Algerian white cement company Societe Tuniso-Algerienne de Ciment Blanc (Sotacib) for 97 mln Tunisian dinars ($72.4m), it
JSX Reprimands Semen Cibinong over closure plan
President Director of the Jakarta Stock Exchange, Erry Firmansyah temporary suspended the trading of Semen Cibinong’s share on the (26/9) in order to force the management to disclose the informa
Paraguay’s new plan to privatise companies
Paraguay’s government has asked the International Monetary Fund (IMF) to extend the current economic agreement to give it time to negotiate a new deal that would include private management and i
Lithuanian pm looks to help local producer
Prime Minister Algirdas Brazauskas said on Thursday that the government should consider ways to assist Akmenes Cementas, the only Lithuanian cement manufacturer, in expanding its production facilities
Brazil BNDES Approves financing to Polimix
Brazilian National Social and Economic Development Bank (BNDES) approved financing of 75.4 mln Brazilian reais ($33.84m) to the local concrete producer Polimix Concreto Ltda. The funds will be earmar
Lafarge’s management changes
Was the replacement of Bernard Kasriel as chief executive of Lafarge from next January (when he will be only 59 years of age) by Bruno Lafont, brought forward as a result of the investment community&r
SCCC shifts main focus as costs rise
To maintain its operating margin at a time of high energy prices, Siam City Cement Plc (SCCC), Thailand’s second largest cement maker, part-owned by Holcim, is putting more focus on high value-added p
Croatian Dalmacijacement plans worker lay-off
Croatian cement producer Dalmacijacement-RMC Group, controlled by Cemex, said on Wednesday it planned to lay off around 100 of its 700 workers under restructuring undertaken by the owner. Dalmacijace
Chile cement sales up
Chilean cement sales increased to 7.7 million bags in August 2005, up 4.2 per cent year-on-year, the Chilean Chamber of Construction reported on September 27, 2005. Chilean cement sales increased 5.4
Cement production capacity to reach 70Mt
Iran’s cement production capacity will reach 70Mt by the end of the 4th Socio-economic and Cultural Development Plan (2010), said an official at the Ministry of Industries and Mines on Tuesday. Safaki
CCoP approves highest bids
The Pakistan Cabinet Committee on Privatisation (CCoP), chaired by Prime Minster Shaukat Aziz, approved here on Monday the highest bids received for Mustehkam Cement Ltd (MCL)