Cement News tagged: International
New plant for Holcim Romania
Holcim Romania officially inaugurated on Friday the most modern cement production line in Romania at Alesd plant, under a €70 million investment. The most ambitious investment plan of Holcim Romania w
Pakistan cement sales drop in April
Cement sales volume has dropped nine per cent in April compared with the past month to 1.28Mt, according to data released here Thursday by the All Pakistan Cement Manufacturers Association
HeidelbergCement narrows net Q1 loss
German building materials producer HeidelbergCement narrowed its net loss after minorities to Euro 58m for the first quarter of 2004 from Euro140m for the year-ago period, the company said on May 6, 2
Vietnam Cement Association to increase prices after Q2
The Vietnam Cement Association (VCA) has made it clear that its members will be unable to maintain prices after the second quarter because of increasing input costs. For the moment, its members will m
Romanian Carpatcement Sees 2004 Sales Rise
Romania’s Carpatcement, a subsidiary of Germany’s cement producer HeidelbergCement, said on Thursday it expected its turnover to increase this year to some Euro 100m Euro 93.5m in 2003 due
New plant for Azerbaijan?
While Garadagh Cement is planning to make its cement works larger, several overseas companies propose to build a new cement plant with the annual productivity of 1-1.5Mt in Azerbaijan, Azer-press lear
ACC bullish on India
Indian cement major ACC is bullish on the growth prospects of the industry. It expects the industry “ to see higher growth in the year (april 2004-March 2005) due to increased emphasis on infrastructu
Angola to sell Encime stake
The Angolan Government decided on May 5, 2004 to sell to Portugal’s cement producer Secil 51 per cent of the Angolan cement plant Encime located in the port city of Lobito, northwestern Angola.
PPC says half-year profit jumps
Strong sales lifted half-year headline profit at South Africa’s Pretoria Portland Cement (PPC) by one third and full-year results were expected to be higher, the company said on Thursday. It sai
Dangote cement claims forex savings
Nigeria: Dangote’s new cement manufacturing company currently under construction which is to commence production by next year, is billed to save the Federal Government over US$540m (in total), a
Chin Fon to expand cement production in Vietnam
Chin Fon Group will invest US$240 million to set up a second kiln at its Haiphong cement plant this year, according to Taiwanese news reports. The group is also considering launching a cement grinding
Sharing the burden - Chinese style
Chinese cement maker Anhui Conch said it will pay up to 1.875bn yuan (HK$1.766bn) in freight charges from 2004 to 2006 to Shanghai Conch Logistics, a subsidiary of Anhui Conch’s parent. Under t
Turkish Nuh Cimento sells power plant
Turkish cement and clinker producer Nuh Cimento sold its 36.5 MW power plant in Gebze, northwestern Turkey, for 35.5 trln Turkish lira ($24.5m) to energy company Nuh Enerji, both part of Nuh Group. T
Further restructuring to come at RMC
The RMC Group is expected to announce a further series of restructuring measures towards the end of June, when the current review of the new chief executive, Mr. David Munro, as well as negotiations o
Cemex To Invest $100m in Mexico
Mexican cement producer Cementos Mexicanos SA (Cemex) will invest $100m in Mexico in 2004, out of the company’s $400m worldwide investments planned for 2004, Cemex president and general director
Gujarat Ambuja looking for acquisitions
Gujarat Ambuja Cements will be scouring its own territories in the North and West regions of India for acquisitions, according to local reports. "Our penetration is deep in Gujarat, Maharashtra, Punja