Cement News tagged: International
Limestone deposit for sale
A large deposit of limestone is being offered for sale in southern Costa Rica. Totalling some 740 hectares with an excellent location just 40km from the port of Golfito on the Pacific coast
Sanghi to enter Mumbai cement market
Gujarat-based Sanghi Industries is set to enter Mumbai, the largest cement market in the country. The company is planning to launch its cement brand - Sanghi Cement - in the city towards the end of th
Kesoram to increase cement capacity
Kesoram Industries plans to increase its annual capacity by 1.6Mt, which will take its total capacity to about 4.5Mt. The company has cement units in the southern states of Karnataka and Andhra Prades
Lafarge aims to up Selva Alegre sales
Lafarge’s principal objective in buying Ecuadorian cement maker Selva Alegre is to increase sales volumes from 640,000t to 1.0Mt annually in five years, reported newspaper El Universo. Lafarge
Mexican cement sales grow
Cement sales in Mexico during November 2004 reached 2.77Mt, a 9.1 per cent increase over the same month in 2003, Milenio news service reported. Increased home building and public
Loma Negra sale delayed
The sale of Loma Negra, Argentina’s largest cement company, to Camargo Correa, the Brazilian holding company, has been delayed because of disagreements over the company’s price. According
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