Cement News tagged: International
Swiss cement sales
Swiss cement sales stood at 3.699Mt in 2003, down by 1.9 per cent year-on-year, the Swiss cement industry association Cemsuisse said on January 12, 2004. Cemsuisse expected an up to 5.0 per cent annu
Votorantim Canadian loan
St. Marys Cement Inc, a Toronto, Canada-based cement production unit of Brazil`s industrial conglomerate Votorantim, has received a US$325m loan from a bank syndicate led by US Citigroup Global Market
Nuh Cimento seals export deal with Holcim
According to Nuh Cimento, Nuh Cimento will export US$100-130m cement and clicker annually for five years to Holcim. To this end, Nuh Cimento has started US$135m
Rail shortage halts cement
Cement production in Eastern India has been severely hit due to an acute shortages of railway trucks required to transport clinker. Production was hit the hardest in the past two months.
White cement exports
The Vietnamese Construction Material Import-Export Company has won a contract to export 5000t of white cement under the `White Horse` trademark to Cambodia in 2004.
Semen Gresik sales fall
Indonesian cement maker PT Semen Gresik said cement sales for the first 11 months of 2003 fell 5.4 per cent to 12.83Mt due to a drop in domestic sales and exports. Semen Gresik`s domestic cement sale
Cemex In Acquisition Talks With Mangalam
Cemex has started talks to buy India`s Mangalam Cement Ltd, reports the Economic Times. The deal may cost the Mexican company around 2 billion rupees ($1=INR45.45) to INR3 billion, said the paper
Berger Slovakia acquires PCLA stake
Slovak producer of construction materials Berger Slovakia, a subsidiary of German construction holding company Berger Holding, acquired a sizeable stake in Slovak cement producer Povazska Cementaren (
Spanish Catalonia cement
Cement consumption in Catalonia region, northeastern Spain, reached 6Mt in the 12 months to October 2003, a 6.3 per cent year-on-year increase, the Association of Cement Producers in the region said.
Austria`s Porr buys concrete plant
Austrian construction company Porr AG bought a Euro3.0m concrete production plant in Croatia from Austrian concrete producer Lafarge Perlmooser AG, it was reported on January 10, 2004.
Uzbekistan privatisation
Uzbekistan`s state property committee is offering foreign investors state stock holdings in one cement plant. A committee administration source told Interfax that 25 per cent of the stock in cement c
TPI plans loss wipe-out
TPI Polene plans to wipe out its accumulated losses of 19 billion baht this year, according to Prachai Leophairatana, the cement company`s rehabilitation plan administrator. He said that wiping out t
Turkish Mardin Cimento
Turkish cement, clinker and ready mixed concrete producer Mardin Cimento plans investments of 3.0 trln Turkish lira US$2.2m) for 2004, it was reported on January 9, 2004. The company said in a statem
Indian coal duty cut
The Indian cement industry has termed the Government`s move to slash basic customs duty on non-coking coal from 25 per cent to 15 per cent as a `step in the right direction` even as it admitted that t
Corporacion Noroeste
Spanish cement manufacturer Corporacion Noroeste will invest Euro 9.4m in a new mortar plant in Boqueixon, Galicia region, northwestern Spain. The construction works will begin in February 2003. The
New plant for Angola?
About US$50m will be invested by a ste-run Chinese engineering group in the installation of a new cement factory at Kicombo, in Angola`s Central Kwanza-Sul Province, according to local news sources.