Cement News tagged: International
Orascom behind Algeria’s first white cement plant
Orascom Construction Industries, which is rapidly growing its cement interests, has placed a EUR 111m contract with F. L. Smidth to supply equipment for a white cement plant that it is building in nor
Russian antitrust body postpones Eurocement Group hearing
Russia’ Federal Antimonopoly Service has postponed until September 30 the hearing of a case against Eurocement Group alleging it used its market weight to command cement prices in Russia, FAS said.
Deputy PM urges speedier construction of two large projects, Vietnam
Deputy Prime Minister Nguyen Tan Dzung yesterday urged to speed up construction of two large projects including the expanded Uong Bi Power Plant in northern Quang Ninh province and the Haiphong Cement
Semen Gresik July cement sales 1.48Mt; up 6.3% YoY
Indonesia’s largest cement maker PT Semen Gresik’s July cement sales grew 6.3 pct year-on-year to 1.48Mt boosted by strong local sales, a report by the Indonesian Cement Association (ASI)
Cement sales grow
East African Portland Cement, one of the country’s leading producers, sold more than 60,000 tonnes of cement in July, the highest ever in the company’s history.
New Saudi cement operation
A cement company with a capital of SAR1.2bn (US$320m) will start operations in al-Jouf, northern Saudi Arabia. The company will operate under the name Al-Jouf Cement. It will be a closed shareholding
EIB provides US$150m for greenfield plant
The European Investment Bank, the European Union’s long-term lending institution, has signed loan facilities totalling US$150m (EUR 123m) with Obajana Cement PLC, a subsidiary of Dangote Industries Li
Shui On to finalise investement details soon
Shui On Construction and Materials (Socam) chairman Vincent Lo Hong-sui says the company will finalise the details for a new investment by the end of this month. Speaking after the firm’s annua
Cement producers ‘unjust profiteering’
Pakistani cement producers are indulging in “unjust profiteering” by providing cement on high prices without having any considerable increase in the production cost, said the Ministry of Industries, P
Cement output up in July
Indian Cement production recorded a 0.77 per cent growth at 10.51Mt in July 2005, against 10.43Mt in the same month a year ago. Despatches also rose 1.17 per cent to 10.38Mt from
More cement factories expected in NWFP
Two parties have shown interest in setting up cement industries in the Indian Frontier province, sources in the directorate of mineral told Daily Times. One of the interested investing parties is Dewa
Union at Giant Cement votes to go on strike
Union members at the US Giant Cement plant in South Carolina, shut down equipment, walked off the job Friday night and began picketing the site. Union members have been working without a contract sinc
Third straight record year of cement consumption predicted, USA
Experts expect cement consumption this year to increase five percent over 2004 levels, making this the third straight year of record volume. Additionally, according to Portland Cement Association&rsqu
Listed cement sector companies’ profit growth to continue, Pakistan
The profitability growth of most of the listed cement sector companies is expected to continue in the fiscal year 2006 and fiscal year 2007 due to increasing demand, analysts say.
Bangur name to adorn cement brand, India
After cement sold under the Birla name, it is time for the Bangurs to put their name on their own cement as well. The BG-HM Bangur group is planning to make inroads into the high end cement mart with
Cementos Bío Bío acquires 100% of Tecnomix
Chilean cement company Cementos Bío Bío has acquired 100% of ready mix company Tecnomix in a CHP15.7bn (US$28.9m) deal.