Cement News tagged: International
Cement prices up Rs 20 per 50 kg bag in south
Domestic cement majors operating in the southern markets of India have increased the prices of 50 kg bag by Rs 20. According to sources, the firms may go on a despatch holiday in the southern market
INC settles foreign debts
The state owned cement major INC (Industria Nacional del Cemento) in Paraguay has settled the payment of US$800,000 with French banks, reducing its debt to US$2.65m. Prior to that on 1993, and to avoi
Anhui Conch building cement production lines in Xuzhou
Anhui Conch Cement Co. Ltd. one of China’s largest cement makers, has started a project of two cement production lines in Xuzhou City with Xuzhou Municipal Government of Jiangsu Province. The to
Everest climbs
Everest Industries Ltd, a subsidiary of Associated Cement Companies (ACC), is increasing its manufacturing capacity from 300,000tpa to 450,000tpa. The plan includes scaling up capacity at its
Cemex in dispute with Nicaraguan producer
Cemex is reportedly in dispute with Nicaragua’s state-owned cement maker Cementera Nacional (Canal) over the terms of a lease contract for a plant in Nicaragua, it was reported on March 30, 2004
Arab White Cement
Jordan-based cement producer Arab White Cement Co (AWCC) posted a gross profit of 2.1 mln Jordanian dinars (US$3.0m) for 2003, down from 2.6 mln dinars (US$3.7m) for 2002, it was reported on
Jaypee Cement plans new unit
India: Jaypee Cement Ltd is planning to set up a 4.5Mta grinding plant at Tanda in Uttar Pradesh with an investment of Rs750 crore. "This is a big investment in UP, and we are expanding our base fast,
Guj Ambuja cement shipments up
Gujarat Ambuja Cements Ltd (GACL) along with Ambuja Cement Eastern Ltd. and Ambuja Cement Rajasthan Ltd. has dispatched 13.24Mt of cement during April-March 2003-04 against 11.88Mt in the correspondin
Lafarge buys US concrete company
Lafarge Building Materials Inc a wholly-owned subsidiary of Lafarge which holds the former cement and ready-mix assets of Blue Circle in the United States, has completed the acquisition of the assets
UAE Gulf Cement Produces 1.4Mt cement in 2003
UAE cement company Gulf Cement Gulf Cement, based in the UAE emirate of Ras al-Khaimah, produced a total of 1.4Mt of cement in 2003 and reported clinker output of some 1.23Mt for the year, it was
Athi river expansion
Kenya: cement maker Athi River Mining yesterday reported a 69 per cent rise in after-tax profit from Sh57.4m to Sh97m for 2003. The pre-tax profit was up 60 per cent from Sh82.1m to Sh131.2m. Cement
Indocement reduce net gearing ratio
The Management of PT Indocement Tunggal Prakarsa Tbk (Indocement) is trying to reduce its debt to equity ratio (net gearing ratio) by paying some debts in stages. Thomas Kern, the finance director of
Durgapur Cement plans expansion
India: Durgapur Cement has embarked on an expansion programme to set up a new unit, Durga High Tech. Durgapur Cement president Debasis Ghosh said yesterday at the inauguration of the new unit
Boral marks time for AdBri
Boral is expected to extend its A$1 billion-plus takeover offer for cement maker Adelaide Brighton by another month to close probably by early May. This is because the competition watchdog, the Austr
Chilanga Shareholders reject K60 dividend
CHILANGA Cement Plc shareholders last Friday rejected a K60 dividend offer arguing for an amount that reflected the company’s good performance for 2003. But the dividend was passed by division,
St Louis plant discussions continue
Hundreds of supporters of a controversial plan to build one of the world’s largest cement plants packed public meetings Monday in St. Louis and Ste. Genevieve, Mo. Holcim Inc, based in Switzerl