Cement News tagged: International
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
Swiss cement sales up 7.0 per cent
Cement sales in Switzerland rose by 7.0 per cent year-on-year to 3.955Mt in 2004, the Swiss cement industry association Cemsuisse said on January 7, 2005. Cement sales went up by 9.2 per cent year-on
ACC to sell Andhra cement facility
Associated Cement Companies (ACC), country’s second largest cement maker, has decided to sale off its Mancherial Cement Works in Andhra Pradesh. The decision, which was taken by the ACC board to
Huaxin Cement outlines investment plan for 2005
Huaxin Cement Co. Ltd, China, in which Holcim has a sizeable stake plans to invest 1.258 billion yuan (US$157m) in 2005 to construct two more clinker production lines and two large cement grinding sta
Pakistan cement sector to add capacity
The Pakistan cement sector is likely to add 21Mt of additional capacity in the next four years, analysts said on January 5. "We foresee the existing production capacity of the industry increasing by
Salonit Anhovo Acquires 5stake in Kema Puconci
Slovenian cement manufacturer Salonit Anhovo has acquired a 54.93 per cent stake in its local building materials firm Kema Puconci. Salonit acquired the 119,382 shares by 30 December. But the bid to