Cement News tagged: International
New plant for Azerbaijan?
Private Azeri investors plan to build a large cement plant in Gazakh, Azer-press sources claim following discussions at the Ministry of Economic Development. This private group are considering attrac
Indian cement prices
Cement prices in the Hyderabad state are likely to go up by Rs 15 a bag by the first weekend of March. Amidst allegations of cartelisation, especially from the construction industry in the state, lead
Indonesia set for Cemex litigation
The Indonesian government is in for a multimillion dollar litigation after the Washington-based International Center for Settlement of Investment Disputes (ICSID) has registered a request for arbitrat
Thai Cement Monitor
Domestic cement consumption continued to rise by 25 per cent YoY to 2.15Mt in December (+14% MoM). Cement demand for 2003 grew to 24.2Mt, up 5% YoY. Cement demand grew at a faster pace especially in
Venezuelan-Iranian cement plant
A cement plant will be built in Monagas, northern Venezuela, as a result of a strategic alliance between Venezuelan state heavy industry holding company CVG and Iranian cement company Ehdasse Sanat Co
Bulgaria Plevenski Cement Raises 2003 Profits
Bulgarian cement producer Plevenski Cement said on Thursday its net profit rose 19.5 percent in 2003 compared to a year earlier, supported by healthy growth in sales and cost cutting. "The positive r
Cemex Colombia Improves two cement products
Cemex Colombia, a unit of the Mexican cement producer Cementos Mexicanos (Cemex) has considerably improved two of its cement products before re-launching them on the local market, company’s offi
Heidelberg wants to lease Belarusian plant
HeidelbergCement is in talks with Belarus’ Architecture and Construction Ministry to take a lease of the Belarusian Cement plant, based in the Mogilev Region, for five years with an option to ex
Cimpor to invest in Morocco
Portuguese cement group Cimpor announced on February 4, 2004 its plans to invest 27.6 mln euro (US$33.5m) in Morocco by 2005.
Hawaii Cement Workers Prepare To Strike
Just when it seemed hard times were over for Hawaii’s construction industry, it faces a crippling strike. The Teamsters Union said it will strike Oahu’s two cement/concrete companies if ne
China warns of over-investment
The Chinese government has reiterated warnings about the risks of overinvestment in steel, aluminum and cement industries and ordered local authorities to report ongoing construction projects to the S
SCCCs Cambodian move
Siam City Cement Plc (SCCC) last week signed an agreement with its Cambodian partner to establish cement dispatching and packaging facilities, making it among the first local companies returning to Ca
State to Curtail Chilanga Monopoly
The Zambian government intends to break the monopoly enjoyed by Chilanga Cement Plc with a view of stabilising the escalating price of cement. Commerce, Trade and Industry minister Dipak Patel announ
Croatian Unit of Holcim at 750,000t in 2003
The cement output of Croatian cement maker Holcim Hrvatska d.o.o, stood at some 750,000t in 2003. Holcim Hrvatska exported some 200,000t of its cement output, mainly to Italy. The company also produ
Lucky Cement
Lucky Cement, Pakistan, is expected to announce its first-half FY04 results in next couple of weeks as the stock market has been reacting positively for the last few days in anticipation of good cemen
Gujarat Ambuja Cement looks at buy-back
Gujarat Ambuja Cements is considering exercising its call option for buying back nearly US$80m of its outstanding foreign currency convertible bonds (FCCBs). The company plans to repay bondholders in