Cement News tagged: International
Indian cement growth
India’s cement output rose 6.69 per cent to 10.2Mt in the month of January this year, compared with an output of 9.56Mt in the corresponding period of the previous year, according to the latest
Bolivian cement sales up 11.9 per cent
Cement sales in Bolivia increased 11.9 per cent to 1.11Mt in 2003, compared to the year before, the country’s cement and concrete institute (IBCH) reported. Company Fancesa led sales with 294,9
Dangote reassures Benue workers
The President of Dangote Industries, Alhaji Aliko Dangote, has said that no staff of the Benue Cement Company (BCC), Gboko, would lose his job, following the take over of BCC by DIL. Speaking in Maku
Cemex wins US$48m road contract in Panama
Mexican cement maker Cemex, won a US$48m contract to build a road in Panama. The information was provided by Panamanian builder Constructora Urbana (Cusa), which will carry out the contract jointly w
Amnesty asks CRH to explain
The human rights group, Amnesty International, has called on the Irish company, Cement Roadstone Holdings (CRH), to state its position on Israel’s construction of a giant wall along the Israeli-
Gujarat prices hit 4-year high
Buoyed by a strong revival in demand, especially from the infrastructure sector, Indian cement manufacturers have increased prices by Rs13-15 per bag in Gujarat. Retail cement prices in the state, whi
Cement sector sees infighting on capacity utilisation issue
Differences have cropped up in the Pakistan cement industry over capacity utilisation, since the southern region is demanding that capacity utilisation be increased and the northern region is not agre
China cement clampdown looms
While the Chinese construction sector booms and cement companies are seeing profitability levels soar, alarm bells are ringing in official circles as top officials, including Premier Wen Jiabao and ce
Circem sees cement decline
Zimbabwe: Circle Cement Limited (Circem) has experienced a decline in demand for cement in the local market due to harsh economic conditions prevailing in the country, The Financial Gazette establishe
Italcementi’s Ciments Francais says ’moment to invest’ in China is approaching.
Italcementi SpA unit Ciments Francais said it is stilltargeting emerging markets, with particular attention being paid to China where the company may soon start investing.
Cementos Lima profits dip despite strong sales
Peruvian cement producer Cementos Lima has reported net profit of 91.3m soles in 2003 down 4.8 per cent from the 95.9m soles in 2002.
Holcim Apasco accepts share offer El Economista
The board of Holcim Apasco has approved the public share offer made by Holcim Investments, after considering that it safeguards the interests of minority shareholders and is within the parameters esta
Tail wags for Chihuahua in first 9 months
Mexican cement company Grupo Cementos Chihuahua (GCC) reported a 19.4 per cent increase in net profits for the first nine months of 2003 to 524mn pesos (US$48m) compared to the same period in 2002, th
Albanian Govt To Close Down Polluting Elbasan Plants
The Albanian Government will close down three industrial plants in Elbasan, central Albania, if equipment and filters for preventing environmental pollution is not installed at the plants in the near
Turkish authorities seize Rumeli assets
The Turkish Savings & Deposits Insurance Fund has seized 219 companies belonging to the Uzan family in order to try and recover debts of in excess of US$5,500m. The Turkish judicial authorities are s
Taiwan to invest 10bn yuan in mainland China
Taiwan Cement Corp (TW 1101) plans to invest 10bn yuan in mainland China over the next five years for production expansion and acquisitions, company president Leslie Koo said.