Cement News tagged: International
Egyptian Sinai Cement
The net profit of Egyptian cement producer Sinai Cement may exceed 65m Egyptian pounds ($10.5m) in 2004, according to the estimates of French building materials supplier Vicat, which owns a 28.57 per
Malaysia’s Cahya Mata Unit Plans JV
Malaysia’s Cahya Mata Sarawak Bhd (CMS) said it has signed a memorandum of understanding with a Philippines company, Premier Capital Venture Corp, to merge their respective units. The companies
Indonesia still hopes to settle Cemex dispute
The Indonesian government still hopes to settle out of court a dispute with Cemex over Indonesia’s failure to exercise a put option to sell its majority stake in the country’s largest ceme
Construction begins on cement plant
Vietnam: work began on the Hung Vuong Cement Plant in the northern mid-land province of Phu Tho¹s Thanh Ba District on Sunday. The VND1 trillion (US$64m) plant, which was designed to have capacity of
Iskitimcement output falls
Iskitimcement (Novosibirsk Region, Russia) produced 75,000t of cement over 2 months, 6.2 per cent down on year, the sources with the enterprise told AK&M news sources. Iskitimcement made 1.005 mln
Vietnam delays boost for imports
Extensive delays in building cement plants could see Viet Nam continuing to rely on millions of tonnes of imported materials for the next few years, said Tong Van Nga, deputy minister of construction.
Cement surge runs out of steam?
After a strong surge in cement volumes since the beginning of the calendar year, the momentum seems to have slowed down with industry dispatches up by a modest five per cent in March 2004, as against
Circle to Shut Down for Upgrade
Circle Cement Ltd Zimbabwe, is shutting down its plant in June for a major refurbishment programme, chairman Ian Coulter said last week. He said the plant would be shut down for about 50 days during
Egyptian cement drops in February
Egypt’s cement output dropped to 1.976Mt in February 2004 from 2.228Mt in the same month of 2003, the Egyptian state-run Information and Decision Support Center (IDSC) said in a report. Local c
Dyckerhoff chief rejects cement price fixing allegations
Dyckerhoff AG’s chief executive officer Wolfgang Bauer rejected cement price fixing allegations, in an interview with Wirtschaftswoche news magazine. Dyckerhoff was among the companies raided b
Misr Cement Qena production sold out
The cement production of Egypt’s Misr Cement Qena is sold out until February 2005 as a result of the increasing demand for the company’s products on the domestic and foreign markets, Misr
Chinese producers keep smiling
The confidence index of China’s entrepreneurs rose 6.3 points in the first quarter from the same period last year, reflecting optimism in the national economy. The benchmark index tracking dome
Orissa Cement plans expansion
According to The Times of India, Orissa Cements (OCL) has embarked on a Rs 400-crore expansion plan to emerge as a dominant player in the eastern region. The plans include enhancement of brownfield ca
Thai: strong cement sales in February
Domestic cement demand rose impressively by 16 per cent YoY and 10 per cent MoM to 2.4Mt in February. Cement demand for the first two months also grew by 11 per cent YoY to 4.1Mt Cement demand continu
Living the American dream
Adonel Concrete will open its third cement-mixing plant in Miami-Dade County. Luis Garcia founder and president of the company said he hopes the new five-acre facility will help the 20-year-old firm k
Cement makers reach limits
Pakistani cement manufacturers claimed to have exhausted the existing production capacity of 17.16Mta - 100 per cent output capacity utilisation and the highest since last five years. Some 21 cement u