Cement News tagged under: property

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Indonesia: July cement demand up slightly, stronger growth anticipated

24 August 2016, Published under Cement News

According to figures released by the Indonesian Cement Association (ASI), cement demand in July was up slightly YoY, despite falling by 29 per cent compared to June, Indonesian Investments reports. Taken as a whole, the first seven months of 2016 have seen consumption rise by four per cent above the same period in 2015. However, demand remains below that recorded in 2014. The industry’s failure to regain its previous peak has been partly attributed to the government’s slow pace of spen...

HeidelbergCement sells Stockholm property

23 December 2014, Published under Cement News

As part of its asset structure optimisation, HeidelbergCement is selling its property at Lövholmen, Stockholm, Sweden, to enable residential development. The company currently operates a cement terminal at the location, which it plans to move to an industrial zone at Värtan, Stockholm. The agreed minimum price of the property is around EUR115m and the deal is subject to several conditions, including the adoption of development plans for both areas. It is expected to be finalised in late 2...