Cement News tagged: International
Jakarta stalls once again in dispute resolution
Soon after it took office last October the government of President Susilo Bambang Yudhoyono pledged to move quickly to resolve three high-profile disputes with foreign
SCC: 1H05 earnings remaining solid
Siam Cement (SCC)’s management expects domestic cement sales volume to expand more than 10 per cent YoY in 1Q05, while the company target sales growth for 2005 domestic
More coal supplies to cement sector
Indian power and cement sectors including captive power plants have been allocated 87Mt of coal for the first quarter of 2005-06. The minister of state for coal and mines, Dasari
Anhui Conch looks for expansion
Competition in the cement market in Guangdong, Guangxi and Hunan provinces is expected to heat up with the mainland’s largest producer unveiling a plan to put 42 per cent of its new
Taiheiyo looks for profit boost
Taiheiyo Cement Corp said Thursday it aims to boost its net profit by over 80 per cent under a new three-year business plan focusing on cost cuts and fair pricing in its core cement
WAPCO plans further expansion
In a bid to stay ahead of competition, the West African Portland Cement Company Plc (WAPCO) Nigeria has earmarked N2 billion for upgrading and modernising its plants at Ewekoro and Sagamu this year.
Successful buyout at Cemento de El Salvador
After acquiring a slim majority in Cemento de El Salvador S.A. de C.V. (CESSA) at the end of 2004, Holcim made a buyout offer to the remaining shareholders at the same price of USD
High input costs hit Circle Cement
Increased input costs have caught up with one of Zimbabwe’s leading cement manufacturers, Circle Cement Limited (part of the Lafarge Group) whose operating margins declined from 29.5 per cent to 20.3
Indian producers benefit from export boom
The surge in oil prices has brought cheer to at least one section of the Indian industry. Cement majors including Gujarat Ambuja, UltraTech Cement and Saurashtra Cement are among those cashing in on t
Vietnam’s largest cement plant to be built with foreign credit
The Vietnam Construction Import-Export Corporation (Vinaconex) has signed with three foreign banks a credit agreement worth Euro 76m for the procurement of equipment for Vietnam ’s largest cemen
Morocco’s Lafarge Ciments 2004 net profit surges
Morocco’s main cement company Lafarge Ciments on Monday announced a 59 per cent rise in net profit for 2004 helped by exceptional financial results and a buoyant building industry in
Portugal BPN to invest in grinding plant
Portuguese investment bank Banco Portuguese de Negocios (BPN), via its holding company Sociedade Lusa de Negocios (SLN), will invest some Euro 25m (US$32.3m) in the
Japan FY 2005 cement consumption down
Domestic cement consumption in Japan will total 56Mt in fiscal 2005/06, ending March 2006, down 2.6 per cent year-on-year, forecasts of the Japan Cement Association (JCA) showed
East India leads in regional cement consumption
Eastern India leads the growth in regional cement consumption for the period April 2004 to February 2005, registering a 15.6 per cent year-on-year (Y-o-Y) increase to 18.1Mt. Delhi also clocked a 13 p
VNCC stockpiles around 1.5Mt of cement
The Vietnam Cement Corporation (VNCC)’s cement stockpiles are estimated at nearly 1.5Mt, according to the Ministry of Construction. These reserves and cement output
Sinoma sign deal for Saudi plant
The Riyadh Cement Company (RCC) has signed an agreement with China’s Sinoma International for the construction of an SR1.035 billion cement plant which is to be