Cement News tagged: International

Cement sector sees infighting on capacity utilisation issue

19 February 2004, Published under Cement News

Differences have cropped up in the Pakistan cement industry over capacity utilisation, since the southern region is demanding that capacity utilisation be increased and the northern region is not agre

China cement clampdown looms

19 February 2004, Published under Cement News

While the Chinese construction sector booms and cement companies are seeing profitability levels soar, alarm bells are ringing in official circles as top officials, including Premier Wen Jiabao and ce

Circem sees cement decline

19 February 2004, Published under Cement News

Zimbabwe: Circle Cement Limited (Circem) has experienced a decline in demand for cement in the local market due to harsh economic conditions prevailing in the country, The Financial Gazette establishe

Italcementi’s Ciments Francais says ’moment to invest’ in China is approaching.

18 February 2004, Published under Cement News

Italcementi SpA unit Ciments Francais said it is stilltargeting emerging markets, with particular attention being paid to China where the company may soon start investing.

Cementos Lima profits dip despite strong sales

Cementos Lima profits dip despite strong sales

18 February 2004, Published under Cement News

Peruvian cement producer Cementos Lima has reported net profit of 91.3m soles in 2003 down 4.8 per cent from the 95.9m soles in 2002.

Holcim Apasco accepts share offer El Economista

18 February 2004, Published under Cement News

The board of Holcim Apasco has approved the public share offer made by Holcim Investments, after considering that it safeguards the interests of minority shareholders and is within the parameters esta

Tail wags for Chihuahua in first 9 months

Tail wags for Chihuahua in first 9 months

18 February 2004, Published under Cement News

Mexican cement company Grupo Cementos Chihuahua (GCC) reported a 19.4 per cent increase in net profits for the first nine months of 2003 to 524mn pesos (US$48m) compared to the same period in 2002, th

Albanian Govt To Close Down Polluting Elbasan Plants

18 February 2004, Published under Cement News

The Albanian Government will close down three industrial plants in Elbasan, central Albania, if equipment and filters for preventing environmental pollution is not installed at the plants in the near

Turkish authorities seize Rumeli assets

18 February 2004, Published under Cement News

The Turkish Savings & Deposits Insurance Fund has seized 219 companies belonging to the Uzan family in order to try and recover debts of in excess of US$5,500m. The Turkish judicial authorities are s

Taiwan to invest 10bn yuan in mainland China

17 February 2004, Published under Cement News

Taiwan Cement Corp (TW 1101) plans to invest 10bn yuan in mainland China over the next five years for production expansion and acquisitions, company president Leslie Koo said.

Cement-makers want Indian firm

17 February 2004, Published under Cement News

The BK Birla group is close to finalising a deal to sell its 1.5Mt cement company in India, Mangalam Cement Ltd.

ACC To Raise $100m For Expansion

17 February 2004, Published under Cement News

ACC, India’s second largest cement maker, is likely to raise US$100m to fund a modernisation and expansion plan, reports the Financial Express.

Omani cement price increases 50 per cent

17 February 2004, Published under Cement News

The price of cement in Oman has recently increased by 50 per cent, officials said. The price has been deliberately hiked by local traders of cement and building materials, although the demand on the m

St Lawrence Cement Acquires a Sand and Gravel Operation in Ontario.

17 February 2004, Published under Cement News

St. Lawrence Cement has acquired a a sand and gravel operation in Southwestern Ontario. This acquisition will secure proven reserves of approximately 50Mt.

Turkish Adana Cimento Exports to Iraq at US$5.7m 2003

17 February 2004, Published under Cement News

Turkish cement manufacturer and retailer Adana Cimento in Adana, southern Turkey, exported 160,000t of

Dangote Spurs Demand for BCC Shares

16 February 2004, Published under Cement News

Investors have started responding to the on-going restructuring in Benue Cement Company PLC, with increased demanded for shares of the cement manufacturing company.