Cement News tagged: International
Huaxin Cement to launch 1.2Mta cement project in Sichuan
Huaxin Cement Co is to construct a cement project with annual output of 1. 2Mt in Wanyuan city, China’s southwest Sichuan Province. Investment in the project will hit CNY700m.
India: ACC may invest in ready mix concrete businesses
Associated Cement Companies (ACC) plans to double its number of readymix concrete units to 46 this year.
Birla exects to inspect defunct cement plant in Sri Lanka
A team of officials from India’s Aditya Birla group is to visit Sri Lanka Wednesday with the aim of inspecting the site of a defunct northern cement plant the Indian group wants to invest in.
Cement prices in Pakistan hit record high
Cement prices of various cement brands in Pakistan have hit a record peak of
TPI Polene expects to beat 2008 forecasts
TPI Polene, Thailand’s third largest cement firm, said on Tuesday it expected higher second-quarter and full-year net profit.
US house starts not expected to rebound until 2010
Housing starts in 2008 are expected to be 36 percent lower than 2007 levels, creating three straight years of declines.
UAE’s Ministry of economy reaches price agreement on cement
The UAE Ministry of Economy Monday announced the list of cement outlets and agents who have agreed to sell cement at AED18 (US$4.91)
Cement production up by 3.5% to 1.6Mt in June
Ukrainian cement production rose 3.5% in June 2008 compared with June 2007, to 1.56Mt.
Chinese cement prices up 3.12% in June
Prices of ordinary Portland cement reached CNY 321/t, inching up 1.9% from the previous month. Those of Portland slag cement reached CNY 369/t, 3.07%; and those of compound Portland cement, CNY 302/t,
Algeria, Iran sign EUR220m cement plant deal
Iran and Algeria signed an agreement to build a cement plant at a cost of EUR220m in the north African country, the head of the Algerian Chamber of Commerce and Industry (CACI)
India cement-makers’ profits set to slump
The Indian cement industry is set to see some tough times, according to the Business Standard of India, with margins likely to fall further in the June quarter.
Venezuela stake in cement makers will be defined in August
Venezuelan President Hugo Chávez decreed the nationalization of foreign-owned cement companies last April and stressed that the government would own at least 60 per cent of the shares in each firm.
Inteco seeks buyer for its cement stake, Russia
Inteco, owned by Elena Baturing, is seeking a buyer for its stake in the cement business.
Brazil’s June cement sales rise 13.9% YoY
Cement sales in Brazil rose 13.9% in June compared with the same month last year, to 4.21Mt, according to figures Monday from the National Cement Industry Association (SNIC).
Konya invests TRY 1.1m in Mersin facility, Turkey
Turkish cement producer Konya Cimento is to invest TRY 1.09m in a ready-mix concrete plant, located in the city of Mersin
ETA Star to build cement plant at Ras Al Khaimah, UAE
Gulf News reported that Dubai based reported that ETA Star Group, a property developer and construction company, will be investing US$150m