Cement News tagged: International
New South African cement plants
The South African government is considering establishing its own factories to manufacture cement and alleviate shortages of the commodity which it fears might hamper its ambitious project to eliminate
China, Laos to strengthen ties
China and Laos will further strengthen cooperation in various fields through the upcoming official visit of Chinese premier Wen Jiabao to Laos, said Chinese ambassador to Laos Liu Yongxing here Friday
JPM on Lafarge
Analysts at JP Morgan are retaining an ‘overweight’ rating on Lafarge, with a DCF-based price target of €86, 21% above the current share price. Our valuation assumes a continuation of the current prof
Mary Nour price effect
The MV Mary Nour, still stranded in the port of Altamira, on Mexico’s Caribbean coast for close on four months and awaiting a further court ruling is – despite its inability to discharge its 27,000t o
Collomb continues Asian tour
Vietnam is a potentially large market for cement manufacturers, said Bertrand Collomb, chairman of French building material firm Lafarge.
Sedco embarks on expansion programme
The Sabah Economic Development Corp (Sedco) is embarking on a massive expansion programme involving some of its 19 subsidiaries. Sedco chairman Datuk Mohd Lan Alani said the expansion programme will i
Vassiliko Cement: net profit rockets
Cypriot cement maker Vassiliko Cement Works boosted its net profit to C£4.1m (US$9.2m) for the first nine months of 2004, from C£2.5m (US$5.6m) for the same period of 2003.
Cement demand rises rapidly in October
With Gujarat witnessing a fierce tussle for market share among cement manufacturers, cement consumption in the state has received a major boost. Even as cement prices have tanked heavily in recent w
Swiss Watchdog probes possible price fixing
The Swiss Competition Commission said Tuesday it has opened an investigation into possible cement and concrete price-fixing in connection with an Alptransit tunnel project in Switzerland. The commis
Vietnam sees rising cement demand
Vietnam will consume 28.4Mt of cement next year, up 23.5 percent against this year, the country’s Construction Ministry said on Tuesday.
Lafarge refutes Zambian claim
The decision to deport Ian Coulter Managing Director of Chilanga Cement is probably motivated by concerns related to the trading arrangements currently in place for the distribution of cement both for
AFCM 2004 opens
The AFCM has officially opened its 19th Technical Symposium and Exhibition, this year being held in the historical city of Manila, Philippines.
Two new cement plants to be set up
The Dadabhoy Group is poised to set up two new cement plants at a cost of Rs2.30 billion with Chinese cooperation at Nooriabad industrial area of Karachi.
Cement capacity of Oman plants to reach 4Mt
The production capacity of Omani cement factories is estimated to reach 4Mt during the next two years, Commerce and Industry Minister Maqbool bin Ali bin Sultan said.
Work begins on French-funded cement plant
Work started on Sunday on the construction of a French-invested cement production plant in southern Dong Nai province by the Lafarge Construction Material Production Group.
ACC to hike cement production capacity
Associated Cement Co India’s single largest cement company, Tuesday said its production capacity would be increased from 18.3 to 20Mta by the first half of 2005 after its two ongoing projects are comp