Cement News tagged: International
CIMA building on growth in Johor, Malaysia
Cement Industries of Malaysia Bhd (CIMA) is closely monitoring the development of Bandar Nusajaya in Johor as it plans to set up a new plant in the southern state.
HK Chia Hsin raises cement prices 5%-10%, Hong Kong
Chia Hsin Cement Greater China Holding Corp raised its cement prices 5% to 10% at the end of July, as China’s macroeconomic controls reined in supply.
Portugal C+PA increases Cimpor Stake, Portugal
Portuguese cement company C+PA has increased its stake in Cimpor l to a total of 4.973 per cent of its share capital from the previous 4.6 per cent, Cimpor. The current stake corresponds to a total o
Fujairah Cement to spend AED60m on expansion, UAE
Fujairah Cement Industries, FCI, is gearing up for an investment of AED60m for the expansion of its existing plant in Dibba according to a report in Khaleej Times. The company’s proposed expansion of
Japanese firms laud removal of cement tariff, Philippines
The Japanese Chamber of Commerce and Industry of the Philippines (JCCIP) hailed the decision of the Supreme Court annulling the protective tariff imposed by the Department of Trade and Industry on imp
Cement production up 12% in June, Bolivia
Bolivia’s cement industry has achieved production growth of 12.3% in the first six months of the year to 572,000t compared to 510,000t in the corresponding 2003 period, according to the Bolivian
Katavsky Cement seven-month output up four-fold, Russia
Katavsky Cement (Chelyabinsk Region) output rosefour-fold on year to 400,000t of cement, company representatives announce. Graded cement production increased two-fold to 28,000t. A total of 98,000t o
Cement manufacturers told to go green, India
The advisor to the Cement Manufacturers Association has asked the cement industry in India to use fly ash, processed waste materials and green technologies to raise their production capacity while kee
Contracts welcome cement move, UAE
The UAE Cement Contractors Union welcomed the decision to cut cement import duties, announced recently by Sheikh Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and UAE Minister of Defence. Dr A
Cement sales jump 30 per cent
Pakistani cement sales have recorded a growth of 30 per cent in the first month of current 2004-05 fiscal year to reach at 1.362Mt compared to 1.045Mt in the same month last year. According to the dat
Belarus to sell stake?
Belarus’ government plans to sell its 20-23% stake in one of the country’s three large cement plants, Belarus’ Architecture and Construction Minister Gennady Kurochkin told a press conference Thursday
Bangladesh floods
Squeezed by surplus production against falling consumption, the country’s cement industry is now in a critical state as the current flooding has triggered a 45 per cent sales drop of the key con
Bacnotan, subsidiary concludes sale
Two cement companies affiliated with the Phinma Group yesterday signed a share purchase agreement for the sale of their combined controlling stake in Union Cement Holdings Corp. (UCHC) to the local
TPI debt rescue package approved
Thailand’s finance ministry has approved a business reorganisation plan for the debt-ridden Thai Petrochemical Industry that could involve state-owned refiner PTT Plc taking a strategic stake, T
Grasim July cement despatch up
Grasim Industries has reported increased shipments, year-on-year, for both Grasim Cement as well as for its recent acquisition UltraTech Cemco Ltd, for the month of July. Despatches at Grasim Cement
Cimpor gives up on Cecime
Portuguese cement company Cimpor has decided not to continue with the process of acquisition of local importer Cecime, it was reported on August 3, 2004. The purchase operation was announced on Octob