Cement News tagged: International
Heidelberg Bosnian unit upgrade investment
Bosnian cement plant Tvornica Cementa Kakanj (TCK), owned by HeidelbergCement, said it is to invest 6m marka (US$3.8m) this year to upgrade its production facilities.
11.4Mt of cement produced in Russia in January-April 2005
A total of 11.4Mt of cement was produced in Russia in January-April 2005, a 0.7 per cent rise against the same period 2004. In January-April 2004 production of cement rose 17 per
Italcementi completes underground tunnel between sites, Italy
Italcementi has completed work on a tunnel of nearly 10km linking its quarry and its cement factory in Calusco D’Adda, near Milan. The tunnel will remove the environmental impact
Cement firm’s woes set to continue
Cement firm Holcim’s maritime woes look set to continue as it will be at least next week before its cement ships can leave Westport harbour fully loaded.
Holcim buys from NZ competitor
Holcim has been forced to buy cement off rival Fletcher Building (Golden Bay Cement) because of continuing problems with Westport harbour. Low harbour bar depths, caused by a shortage of rainfall in
Poland’s cement usage likely to increase in 2005
Poland’s cement usage is likely to increase for another consecutive year in 2005, even up to five per cent, from a three per cent growth in 2004, Cement Producers Lobby deputy president Andrzej
Tanga cement private sector boost
Tanga Cement Co. Limited has donated 250 bags (12.5t) of cement to the Tanzania Private Sector Foundation (TPSF). Communication Manager company, Kati Kerenge handed over the donation to the TPSF Vice-
Indian cement consumption up this year
Cement consumption in India recorded a 6 per cent increase during 2004-05 over the previous fiscal year. Cement consumption growth in Chhattisgarh stood at an impressive 45 per cent, followed by Bihar
Japan JV in Vietnam to double output
Taiheiyo Cement Corp and Mitsubishi Materials Corp said Monday that their joint cement making unit in Vietnam will double its production capacity in order to meet growing demand amid the country&rsquo
Italy approves Montalto takeover
Italy’s Antitrust Authority has given a green light to the acquisition of 100 per cent of Italian cement maker Cementificio di Montalto by Italy’s largest cement producer Italcementi, it w
Lafarge Malayan to fight pricing trends
Lafarge Malayan Cement Bhd, Malaysia’s largest cement producer, will not initiate a price war despite a fall in cement demand, although it will match competitors’ prices, the Star reported
Indocement to retain profit to repay debt
Cement maker PT Indocement Tunggal Prakarsa said it may not distribute dividends from last year’s profit as it gives priority to repaying debts. Company finance director Christian Kartawijata sa
Semen Padang gets US$120m loan from Central Bank
Semen Padang, a subsidiary of state-owned Semen Gresik, secured a loan of Rp190 billion (US$20m) from Bank Central Asia (BCA). Semen Gresik President Satriyo said the loan fund will be used to refinan
Mega projects in the pipeline
Indian Finance Minister P Chidambaram on Thursday indicated that the Government, with the assistance of the Investment Commission, was actively pursuing the setting up of three mega infrastructure pro
Povazska cementaren profit down
Slovak cement maker Povazska cementaren made profit worth almost Sk177 million in 2004, a drop of five per cent on the year, Jozef Sutara, an assistant to Povazska CEO, told CTK today. Sales were fl
Kenyan cement sector up by 11.9 per cent
Kenyans completed new buildings worth Sh2.3 billion last year, adding a clean Sh1 billion to the 2003 figure. A major beneficiary of the virtually private-sector-driven boom was the