Cement News tagged: International
Brazil’s cement producers to invest US$3.4bn by 2012
Brazilian cement producers will invest around 5.5bn reais (US$3.4bn) by 2012 to expand production capacity by 35% in response to growth in demand,
Rajasthan rejects limestone mining applications
BK Birla Group’s Mangalam Cement, Sanghi Industries, MP Birla Group’s Birla Cement, Indorama
Belarus output up 10 per cent in first six months
Belarus’ cement output in the first six months of 2008 totaled 2Mt, a 10 per cent YoY increase, according to the Ministry of Statistics and Analysis.
Aditya Birla eyes coal mines
India’s Aditya Birla Group Friday said the group is looking to buy coal mines overseas to lower input costs
Shiva Cement sales rise 24.1% in Q1
Shiva Cement announced that the despatch of cement during the quarter, April - June 2008 rose by 24.1% as compared to previous quarter last year.
Merrill Lynch invests US$50m in China’s Ziping
Merrill Lynch & Co Inc has signed an agreement to buy 46 pct of Ziping Cement Co for US$50m
Qatari Cement Co posts annual profits worth US$69m
Qatari National Company for Cement Industry announced Friday annual profits totaling
Brazil: Itambe expands cement capacity in Balsa Nova
Itambe, the cement manufacturer based at Balsa Nova (Parana) is investing BRL$400m over the next three years of which
Lafarge’s Bengal unit to be operational from Sept-Oct
The 1Mt greenfield plant by Lafarge at Mejia in West Bengal is likely to begin commercial production by September-October.
Vietnam: cement producers seek broader markets
Cement producers in Vietnam are beginning to seek more export markets as a total of 38 new cement plants are expected to open in the next few years, according to Construction Minister Nguyen Hong Quan
Holcim Romania 1H08 turnover up 20 per cent
The Romanian unit of Holcim said its turnover rose by 20 per cent YoY in the first half of 2008
Pakistan cement exports hit record high
Pakistan cement exports after earning a historical level of US$435m foreign exchange during financial year 2007-08
Holcim’s high hopes for Oamaru, New Zealand
Holcim NZ is confident it has the corporate and community support for a proposed $300-$400 million Oamaru cement plant to complete the project by 2012, despite a near doubling of the original cost.
Cessa investing US$25m to increase production capacity
El Salvadorian cement company Cessa will invest US$25m this year in its Maya
Cement makers likely to slash capacity by 8% this year
ACC, UltraTech Cement and other Indian cement makers may cut capacity utilisation by as much as eight per cent in the financial year ending March 2008
Gulf Cement plans to start operations by March 2009
Gulf Holding Company (GHC) is implementing the third and final phase of its subsidiary Gulf Cement factory