Cement News tagged: International
Fresh bid to curb overproduction
China is yet again ratcheting up its attempts to curb investment in heavy industries such as steel, aluminium and cement, this time by banning construction of new plants and restricting expansion of e
Turkish production
Turkey produced 28.1Mt of cement in 2003, and 7.3Mt of the output was exported. In 2002, Turkey produced 26.2Mt of cement, and exported 5.5Mt according to the Turkish Cement Producers’ Associat
Serbian building materials
Serbia’s building materials sector exports stood at some $35 mln (28.5 mln euro) for 2003 and imports were nearly $45 mln (36.7 mln euro), according to data of the Serbian Chamber of Commerce (P
Indian construction sector strike?
Three real estate developer associations have called for a nation-wide strike on March 15 this year, in protest against the recent hike in cement and steel prices; they have also demanded that the Gov
Votorantim halts talks over Secil stake
Brazilian cement company Votorantim (VCP) has apparently called off talks with Portugal cement company Semapa over buying a 41 per cent stake in Semapa unit Secil, Publico reports. No reason has been
Juan Minetti posts profits
Increased sales and a successful financial restructuring helped Juan Minetti, Argentina’s second largest cement producer, post a P121m (US$41.3m) net profit in 2003, recovering from a 210mn net
Cement and flyash products
Indian cement companies are trying to woo builders to use flyash-based products, which are considered to be more eco-friendly. The companies of the likes of Grasim, ACC, and L&T, are holding host of w
Egyptian cement output
Egypt’s cement output fell to 16.8Mt in the first seven months of the fiscal 2003/04, ending June 30, 2004, from about 17.1Mt in the corresponding period of 2002/03, the Egyptian state-run Infor
Ghacem sets out the facts
Ghacem Ghana Limited, the major domestic producer of cement, says it is impossible for businessmen in Ghana who claim they can import cement from Russia at US$3 per bag to flood the market. The compa
Kartellamt raids German cement companies again
The German Federal Cartel Office called on a number of German cement companies again earlier this week. Search warrants were based on complaints from some cement buyers that recent price increases we
MCA notes cement price hike
Islamabad: The Monopoly Control Authority (MCA) has decided to conduct a preliminary investigation into reported hike in the prices of cement by the cement manufacturers. According to an official sou
Vietnam cement prices
The price of cement will not be increase this year despite demand from cement producers, affirmed Deputy Construction Minister To Van Nga at a meeting to stabilise the cement price in Ho Chi Minh City
Ghana weightwatchers
Ghacem has debunked claims by the Ghana Standards Board (GSB) that it had put underweight cement on the market. Briefing Journalists in Accra, Bjarne Schmidt, Managing Director of the Company, said c
Egyptian Beni Suef Cement employees offer share sale
The employee union of Egyptian cement producer Beni Suef Cement has offered for sale its 5.0 per cent stake in the company equal to 1.65 million shares, it was reported on March 10, 2004. The shares
ACC sales growth
Associated Cement Companies Ltd (ACC) India’s second largest cement maker, expects revenue to grow 11 per cent in the current financial year, due to strong demand. "Our revenue growth would be i
Gujarat asks cement firms to cut prices
To keep the feel-good factor going, Gujarat government has asked cement manufacturers in the state to reduce price of the commodity by Rs10 a bag. In other parts of the country also, manufacturers we