Cement News tagged: International
BNP Paribas signs for cement plant
BNP Paribas, a French bank, and Viet Nam Construction and Machinery Installation Corporation (Lilama) signed a credit contract on importing equipment for Thang Long Cement Joint Stock Company project
Yemeni expansion in focus
The Yemeni Establishment for Cement Industry and Marketing is seeking to increase its production through investment via self- financing in modernization and development of the existing factories and c
Baticim eyes Uzan cement assets
The Turkish financial authorities seized in February 2004 more than 200 companies owned by the Uzan family, following the collapse of their Imar Bank, to recoup debts totalling nearly $6.0 bln (4.6
China prices decline on capacity expansion
Average cement prices in China have declined sharply over the past several months due to capacity expansions, the China Business Post reported, citing government and company officials.
Indonesia hopes Cemex will settle
The Indonesian government still expects that Mexican cement maker Cemex SA will agree to settle the dispute over the purchase of majority stake in PT Semen Gresik out of court, Bisnis Indonesia repo
Pakistan cement sector posts...
Stock market listed cement companies posted aggregate earnings of Rs1.7 billion for the first quarter (July-Sept) of the current year (1QFY05) , which represented 58 per cent increase over the profit
G-20 Ministers Say Oil Price May Decline to US$35-40 a barrel
The cost of oil will probably decline though prices will fluctuate as production capacity remains limited, finance ministers and central bankers from the Group of 20 industrialsed and developing natio
Italcementi looks at new plant in Kazakhstan
Ciments Francais, the French arm of Italy’s Italcementi, is considering constructing a cement production plant in the Aktobe region in western Kazakhstan, the regional administration said in a s
Votorantim plans expansion in Europe 2005
Brazil’s industrial group Votorantim’s holding’s cement production arm, Votorantim Cimentos, is seeking to expand operations in Europe in 2005, as part of its plans to conquer econom
Holcim holds $2m construction contest
Swiss-based Holcim Foundation has invited architects, planners, engineers and project owners in Asia to enter the US$2 million Holcim Awards, a competition for projects in the area of sustainable cons
Criminal mobs behind Karachayevo-Cherkessia crisis
What is happening in the Russian internal republic of Karachayevo-Cherkessia is a crisis, President Vladimir Putin said in an interview with national television channels, a transcript of which has bee
Lafarge North America announces gypsum upgrade
Lafarge North America Inc, the leading supplier of construction materials in the US and Canada, today announced that it will invest approximately $75 million to substantially upgrade and double the ca
Gulf Cement Company plans expansion
Gulf Cement Company (GCC) is expanding its cement capacity to 2.5Mt from 1.6Mt. The new capacity is expected to go on stream this month and the company is also investing in additional coal grinding ca
Cementir moves into China
Cementir, which completed the deal to acquire Aalborg Portland Cement at the end of October, has moved quickly to extend the leading position in white cement that came with the Danish acquisition.
Vietnam to entice more foreign investment
Vietnam is expected to lure 4.2-4.5 billion US dollars worth of foreign direct investment (FDI) next year, partly by opening wider doors to investors in such important industries as cement and electri
Cement consumption down in October
Cement consumption in Spain in October was down 7.6 per cent from the same month a year earlier at 3.89Mt,industry association Oficemen said.