Cement News tagged: International
Prime Minister requests Vietnam Cement Corp become holding company
Deputy Prime Minister Nguyen Tan Dzung has officially required the State-run Vietnam Cement Corporation to turn into a holding company, and compile a roadmap to privatize its affiliated companies to s
YTL Cement net profit to double on Perak stake rise, Malaysia
Malaysia’s YTL Cement expects its net profit to double this fiscal year after it raised its stake in Perak Hanjoong Simen Sdn Bhd to 64.8% from 32.1%, YTL’s managing director said.
Intercem Workshop, San Diego, 8-9 December 2004
Over 150 delegates are attending a two day workshop at the Omni Grand Hotel, San Diego, California. With the theme: Cement shortages - a temporary or long term problem, the stage has been set for some
Malaysia’s MP Tech buys 10% of cement maker Hongkew; in JV to build plant
Plastic products maker MP Technology Resources Bhd said it has agreed to buy a 10 pct stake in Hongkew Holdings Sdn Bhd for 20m rgt cash and also team up with the unit to build jointly a cement plant
Cement production up 12.73% in Jan-Oct, Bolivia
Between January and October Bolivia’s cement output went up 12.73% compared to the same months last year
Egypt to set up cement plant in New Valley
Egypt’s General Authority for Investment & Free Zones (GAFI) has reportedly approved the setting up of a new cement company in the New Valley governorate, southwestern Egypt.
’Indonesia Must Retain Majority Stakes in Semen Gresik’
State Minister for State Enterprises Sugiharto and the House of Representatives Commission VI have agreed to retain the government’s 51 percent stake in publicly listed PT Semen Gresik.
Steep cement price hike threaten construction, Kerala
Construction companies in Kerala have been hit by the sharp rise in the prices of cement and steel. The shortage of river sand, which is extensively used in the State, has further added to the problem
Akcansa to bid for Rumeli cement factories if terms favourable, Turkey
In a statement sent to ISE, cement producer Akcansa officially announced that it would bid for Rumeli Group’s cement factories if the terms were favourable. The cement factories are offered for sale b
Nevyanskiy Tsementnik output, Russia
In Jan-Nov 2004 overall output of Nevyanskiy Tsementnik was 1.04Mt a 18.6 per cent increase against the figure posted in January-November 2003. In particular, in Jan-Nov 2004 the company produced
Raysut proposes capital hike, Oman
Oman’s cement producer Raysut Cement Company has proposed to raise its capital to OMR20m (US$52m) from OMR15m (US$38.9m).
Taiwan Cement surpasses full year target
Taiwan Cement , the island’s old brand name cement plant and the cement production arm of the famous Hosing Koo’s conglomerate, announced that its revenue in the first ten month had surpas
Cement sales seen at 11.3Mt in 2004, Poland
Cement sales in Poland are expected to increase by 2-3 per cent YoY to between 11.2Mt and 11.3Mt for 2004, Andrzej Tekiel, chairman of the country’s cement and lime producers association SPCiW
Cement prices raised after the fall in prices, South India
Cement prices in south India have been raised after the fall in prices witnessed in the last two months.
Strabag to build EUR 111m cement works, Hungary
Strabag Epito Rt, the Hungarian unit of Austrian construction group Strabag, plans to invest HUF27bn (EUR 111m) in a cement works between Szekszard and Pecs, southern Hungary, project manager Otto Zi
Home-Building Boom ’To Rein in Volumes Growth At PPC’, South Africa
Construction companies and building material suppliers appear set to suffer a backlash from booming demand in the residential building sector.