Cement News tagged: International
Polish Cement plant to be closed down
Polish cement plant Cementowania Strzelce Opolskie, a subsidiary of the local cement group Gorazdze, controlled by the German sector company HeidelbergCement, will be closed down in 2004, it was repor
Court to rule on cement cartel fine
Europe’s highest court is set to rule on Wednesday 7th January whether the European Commission was right to impose millions of euros in fines against a large cement cartel in 1994. European antitrust
Siam Cement needs projects
Siam Cement, Thailand`s largest cement producer and distributor, has urged the government to speed up work on infrastructure projects planned for this year so that the cement industry can
Chilanga Cement has the capacity
Importation of cement into Zambia will only be allowed when there is a production shortfall at Chilanga Cement Plc, Ministry of Commerce, Trade and Industry permanent secretary Davidson Chilipamushi h
Holcim`s Particim cuts Cimpor stake
Holcim AG`s Particim subsidiary further reduced its stake in Cimpor Cimentos de Portugal SA to 0.62 per cent by selling 20.000 mln shares to C+PA - Cimento e Produtos Associados, Canal de Negocios cit
Turkey cement output
Turkey`s cement output increased to 26,946,360t between January and September 2003, up by 6.07 per cent year-on-year. Factories in the northwestern Marmara region produced 7.636Mt of cement, followed
J&K cement to expand capacity
J&K Ltd is planning to expand the capacity of its existing plant in Jammu by 600tpd involving an outlay of Rs 64.16 crore. Of the Rs 64.16 crore, the Planning Department has already agreed to release
RMC Analysis
Selling much of its stake in Australian subsidiary ABL to Boral and others, UK-based RMC looks to be managing its affairs better than previously expected. Merrill Lynch takes a snapshot view.
Buzzi Unicem takes formal control of Dyckerhoff
At the beginning of January, Buzzi Unicem paid €2.6m for a 0.5% interest in the Dyckerhoff ordinary share capital, taking its stake to 50.07% and thus a majority. Assuming the exercise of the
Government cuts import duties
The Philippine Department of Trade and Industry (DTI) has decided to slash P5 off the definitive safeguard duties imposed on all cement imports over the past two years after local producers
Pakistan cement demand
Demand for cement grew during the second quarter of the current fiscal year but the rate of growth declined compared with the first quarter, a statement issued here Friday quoted Tariq Saigol, chairma
Indonesia seeks investors for Gresik
The Indonesian government has been approaching potential investors from Japan and South Korea to purchase Cemex Asia Holding`s 25.5 per cent stake in the country`s largest
Vietnam Binh Phuoc.
Ha Tien 1 Cement Co. yesterday broke ground for a factory with annual capacity of 2Mta in the southern province of Binh Phuoc. The US$310m factory covering 77.8 hectares of land
Anhui Conch Cement purchases stakes.
Anhui Conch Cement Co Ltd said it and its subsidiary, Anhui Ningguo Cement Factory, signed an agreement on Dec 25 with Anhui Changfeng Cement Co Ltd to purchase a 10 pct stake the
China`s Huaxin Cement to buy stake in Suzhou Jinmao Cement
Huaxin Cement Co Ltdsaid its shareholders agreed to buy a 51 per cent stake in Suzhou Jinmao Cement Co Ltd from two companies.
Nigerian WAPCO seeks $290m
Nigeria`s largest cement maker WAPCO said on Tuesday it wanted to raise 40 billion naira (US$290m) through a combination of medium-term debt and a rights issue to restructure its debt and bolster work