Cement News tagged: International

Indonesia set for Cemex litigation

06 February 2004, Published under Cement News

The Indonesian government is in for a multimillion dollar litigation after the Washington-based International Center for Settlement of Investment Disputes (ICSID) has registered a request for arbitrat

Thai Cement Monitor

06 February 2004, Published under Cement News

Domestic cement consumption continued to rise by 25 per cent YoY to 2.15Mt in December (+14% MoM). Cement demand for 2003 grew to 24.2Mt, up 5% YoY. Cement demand grew at a faster pace especially in

Venezuelan-Iranian cement plant

06 February 2004, Published under Cement News

A cement plant will be built in Monagas, northern Venezuela, as a result of a strategic alliance between Venezuelan state heavy industry holding company CVG and Iranian cement company Ehdasse Sanat Co

Bulgaria Plevenski Cement Raises 2003 Profits

06 February 2004, Published under Cement News

Bulgarian cement producer Plevenski Cement said on Thursday its net profit rose 19.5 percent in 2003 compared to a year earlier, supported by healthy growth in sales and cost cutting. "The positive r

Cemex Colombia Improves two cement products

Cemex Colombia Improves two cement products

06 February 2004, Published under Cement News

Cemex Colombia, a unit of the Mexican cement producer Cementos Mexicanos (Cemex) has considerably improved two of its cement products before re-launching them on the local market, company’s offi

Heidelberg wants to lease Belarusian plant

06 February 2004, Published under Cement News

HeidelbergCement is in talks with Belarus’ Architecture and Construction Ministry to take a lease of the Belarusian Cement plant, based in the Mogilev Region, for five years with an option to ex

Cimpor to invest in Morocco

Cimpor to invest in Morocco

06 February 2004, Published under Cement News

Portuguese cement group Cimpor announced on February 4, 2004 its plans to invest 27.6 mln euro (US$33.5m) in Morocco by 2005.

Hawaii Cement Workers Prepare To Strike

06 February 2004, Published under Cement News

Just when it seemed hard times were over for Hawaii’s construction industry, it faces a crippling strike. The Teamsters Union said it will strike Oahu’s two cement/concrete companies if ne

China warns of over-investment

05 February 2004, Published under Cement News

The Chinese government has reiterated warnings about the risks of overinvestment in steel, aluminum and cement industries and ordered local authorities to report ongoing construction projects to the S

SCCCs Cambodian move

05 February 2004, Published under Cement News

Siam City Cement Plc (SCCC) last week signed an agreement with its Cambodian partner to establish cement dispatching and packaging facilities, making it among the first local companies returning to Ca

State to Curtail Chilanga Monopoly

05 February 2004, Published under Cement News

The Zambian government intends to break the monopoly enjoyed by Chilanga Cement Plc with a view of stabilising the escalating price of cement. Commerce, Trade and Industry minister Dipak Patel announ

Croatian Unit of Holcim at 750,000t in 2003

05 February 2004, Published under Cement News

The cement output of Croatian cement maker Holcim Hrvatska d.o.o, stood at some 750,000t in 2003. Holcim Hrvatska exported some 200,000t of its cement output, mainly to Italy. The company also produ

Lucky Cement

04 February 2004, Published under Cement News

Lucky Cement, Pakistan, is expected to announce its first-half FY04 results in next couple of weeks as the stock market has been reacting positively for the last few days in anticipation of good cemen

Gujarat Ambuja Cement looks at buy-back

04 February 2004, Published under Cement News

Gujarat Ambuja Cements is considering exercising its call option for buying back nearly US$80m of its outstanding foreign currency convertible bonds (FCCBs). The company plans to repay bondholders in

India cements prunes Q3 losses

04 February 2004, Published under Cement News

India Cements Ltd has incurred a net loss of Rs37.24 crore on income of Rs285.30 crore during Oct-Dec 2003. The company had incurred a net loss

’No Agenda’ Behind Rebranding of Alpha

04 February 2004, Published under Cement News

ALPHA, one of SA’s three largest cement producers, says its R29m rebranding exercise is not indicative of intentions by its largest shareholder to up its stake in the South African company. Swis