Cement News tagged: International
Vietnam’s continuing project work
Vietnam embarked on 20 cement projects last year with the total investment capital of over VND4 trillion ($255.3m). Vietnam Cement Corp started 11 cement production projects last year, of which, Tam D
Taiwan Cement’s output to hit 10-year high
Thanks to the recovery of the domestic real estate market and the hike of prices of exports to America and Africa, Taiwan Cement Corp., Taiwan’s leading cement manufacturer, has decided to expan
Holcim about to launch Aggregate bid
The board of Aggregate Industries has stated that is likely to recommend a 138 pence per share offer from Holcim, which would value the group at around GBP1800m (€2,550m). As Aggregate Industries doe
Semen Gresik expects substantial rise in profits
PT Semen Gresik was estimated profits to surge by 31.98 per cent to Rp500 billion (US$55.55m) in 2004, its Finance Director Cholil Hasan said. Hasan attributed the increase to growing demand for cem
Statistics from the Ukraine
In October-December 2004, the Baltsem plant (Balakliia, Kharkiv region), one of the three major cement producers in Ukraine, reduced production of cement by 6.7 per cent or 20,500t compared with the s
Cost issues for Indian producers
Historically, the fragmented structure of the Indian cement industry coupled with a surplus position and rising costs had resulted in pressures on margins of the cement majors. However, increasing con
China Resources records sales jump
China Resources Cement Holdings saw sales increase at least 20 per cent last year despite anti-inflation measures by the mainland government, according to vice-chairman and general manager Shi Shanbo.
French leave
The modestly sized Mediterranean port of Nice is the second largest cement port in France, behind Le Havre. In 2003, the amount of cement handled was 326,000t, a four per cent increase over 2002 and
Polysius wins US$308m cement plant bid
Cynce de Oriente, a 100 per cent owned unit of Mexican cement maker La Cruz Azul, has awarded a Euro 235m contract to Germany’s Polysius to build a cement plant in Palmeritos, in the central Mex
Ghacem capacity upgrade planned
The Ghana Cement Works (GHACEM) has honoured 40 distributors and customers nationwide at Tema with the assurance that the company would meet the challenges of the competition in the cement industry. M
Cemex to suspend arbitration proceedings
Mexico’s Cemex SA has agreed to suspend international arbitration proceedings against the Indonesian government over a dispute for control of Indonesia’s largest cement maker PT Semen Gres
Swiss giant makes donation via Siam City Cement
The largest corporate donation so far for tsunami victims in Thailand was made yesterday through Siam City Cement Ltd by its Swiss-based shareholder, Holcim Ltd. The Bt33 million donation is part of
Ultratech loses ground to rivals
Grasim’s acquisition of L&T’s cement division was supposed to make the combined entity India’s largest cement group. In the market place however, Grasim and Ultratech is losing groun
Siam Cement branches out
Thailand’s largest manufacturing conglomerate, Siam Cement Group, plans to start a new building-services company, as it branches out into the service industry for the first time. The new subsid
Turkish Denizli Birlik Cimento to invest
Turkish cement producer Denizli Birlik Cimento will invest Euro120m in a cement factory in Yatagan, Mugla province, southwestern Turkey, in cooperation with 123 local businessmen, it was reported on J
Fire in Perlmooser’s plant
A fire broke out in Austrian cement producer Lafarge Perlmooser in Mannersdorf, Lower Austria, on the evening of January 6, 2005. The fire, which started in one of the cable conduits