Cement News tagged: International
Taiwan Cement plans more investment in China
Taiwan Cement Corp plans to invest US$300m to increase its annual production capacity in China to 20Mt, the Economic Daily News reported Saturday. Taiwan Cement Chairman Koo Cheng-yun said he plans to
Vietnam to spend $456M on plant conversions
Vietnam will invest $456m into changing technology from shaft kiln to rotary kiln for 20 cement plants. The process is expected for completion in 2009 and the 20 plants will attain annual capacity of
Indian Century Group to invest
Century group will invest Rs 50 crore in the North-East (NE) to increase the installed capacity of its existing cement plant in Meghalaya. The cement plant, which is under Cement Manufacturing Compa
Camargo’s takeover of Loma Negra still not finalised
Brazil’s Camargo Correa group has not yet finalized its planned acquisition of Holdtotal, the holding company that controls Argentine cement giant Loma Negra, the cement company reported to the
Greece’s Heracles Q1 hit by sales fall
Greek cement maker Heracles Cement , majority-owned by France’s Lafarge , reported a first-quarter pretax loss on Thursday, hit by falling sales in the domestic market and higher fuel costs
Mexican Cemex Lay-offs affect German units
Cemex’s decision to close 15 to 20 plants and slash 2000 jobs by 2007 threatens to affect also its German unit Readymix Beton Sachsen GmbH, a Readymix spokeswoman said on June 23, 2005.
Japan May 2005 Cement Shipments
Japan cement shipments totalled 5.17Mt in May 2005, up 6.1 per cent year-on-year, the Japan Cement Association said on June 23, 2005. The figure marked a year-on-year increase for the third straight
Cement firm seeks investor approval
Philippines: Fortune Cement Corp. will seek stockholders’ approval for a planned merger with Continental Operating Corp. during the annual meeting on July 25. In a letter to the stock exchange,
Argos reorganises its cement operations
Eight Colombian cement companies will merge to create a business worth US$2.28bn, local press reported. Cementos del Caribe will absorb seven other companies: Cementos del Valle, Cementos Paz del Rí
Cemex Espana spends on new plant
Spanish cement maker Cemex Espana SA spent Euro 2.5m on the construction of a new plant for ecological production of ready-mix concrete in Paterna, eastern Spain, opened on June 22, 2005.
Icelandic Aalborg Portland appoints Managing Director
Icelandic cement importer Aalborg Portland Island hf has appointed Tomas Moller managing director, it was reported on June 22, 2005. Tomas Moller will succeed Bjarni O. Halldorsson who has headed th
Asia Cement Corporation to build second cement plant
Taiwan’s second largest cement producer Asia Cement Corporation will build in a second cement plant in Wuhan Mainland China named Hubei Yadong Cement Plant, with less than 1.6 billion yuan of in
Cement plants need to improve
The Vietnamese Bim Son Cement Company plans to produce 542,000t of clinker and provide the domestic market with 592,000t of cement in the second quarter. However, insiders are warning that the cement
Hanson PLC acquisition update
Hanson PLC, the international building materials company, today announces four recently completed acquisitions in the USA for a total cost of approximately £100m. This brings the total acquisition spe
NBP and Pioneer Cement sign accord
The National Bank of Pakistan (NBP) signed an agreement with the Pioneer Cement Limited (PCL) on Tuesday to help the latter in expanding its production capacity. NBP Risk Management Group Chief Javed
Prepayment for cement acceptable
Eurocement, a leading Russian cement producer, today declared a success its adoption in April of new sales terms intended to increase transparency, lower costs and eliminate non-essential intermediari