Cement News tagged under: Joint Venture
Semen Indonesia's Myanmar investment discussions still ongoing16 January 2015, Published under Cement NewsSemen Indonesia may withdraw from plans to invest in Myanmar if the company and its local partner fail to reach an amicable agreement over the partnership deal, a company executive has told the Jakarta Post. Last year the state-owned Indonesian cement firm said it had decided to postpone its plan to acquire a cement firm in Myanmar after it missed its mid-year deadline to conclude negotiations. Agung Wiharto, Semen Indonesia corporate secretary has now told local press that his company... |
China: Zhongxia Cement joint venture established28 November 2014, Published under Cement NewsChina Gezhouba Group reports that its wholly-owned subsidiary Gezhouba Group Cement signed an agreement with Hubei Zhongxia Cement on 26 November, for a joint venture company that will restructure the businesses and assets of Zhongxia Cement. The venture, with a registered capital of CNY1.17bn (US$190.4m), will be engaged in production and sales of cement, clinker and fine slag powder and opencast mining of limestone for cement use. Gezhouba Cement will hold 51 per cent of the company thro... |
Thatta Cement signs joint venture agreement with Cementia10 May 2013, Published under Cement NewsPakistan cement producer Thatta Cement has signed a joint venture agreement with Cementia Holding for a new grinding plant in Sri Lanka. Cementia, based in Switzerland, is part of the Lafarge group and specialises in the trade and seaborne delivery of clinker, cement and cementitious products. “We wish to inform that today M/s Thatta Cement Company Limited (THCCL) has executed a Joint Venture Shareholders’ Agreement with Cementia Holding AG (Lafarge), Switzerland, in connection with ... |
Lafarge announces joint venture with Elementia, Mexico09 January 2013, Published under Cement NewsLafarge announces it has reached an agreement with Elementia to combine their cement assets in Mexico. Lafarge will bring its two plants of Vito and Tula for a total capacity close to 1Mta, while Elementia will contribute the new 1Mta plant it is currently building in central Mexico. This combination will significantly strengthen Lafarge's position in Mexico. The transaction, which involves no cash and is subject to regulatory approvals, is expected to close in 2H13, pursuant to the start... |
Taiheiyo's China subsidiary announces new joint venture17 December 2012, Published under Cement NewsJapan's leading cement producer Taiheiyo Cement Corp announced that its Chinese sub sidiary Taiheiyo Cement (China) Investment Corp, has signed a joint venture agreement with Xinjian Tianye (Group) Co in Beijing. Both companies agreed to establish the new venture named Xinjiang Tianye Taihieyo Building Material Co (TTBM) in Xingjiang Uygur Autonomous Prefecture in northwest China. TTBM will produce OPC, blended cement and special cement, such as moderate heat cement. TTBM will utilise quick... |