Cement News tagged: International
Shikapwasha Deports Chilanga Cement GM
Zambian home affairs minister Lt Gen Ronnie Shikapwasha has ordered the deportation of Chilanga Cement general manager Ian Coulter. Immigration public relations officer Mulako Mbangweta yesterday said
New cement plant to be built in Morocco
Holcim will build a new cement plant with an annual capacity of 1.7Mt in Morocco’s principal market of Casablanca. This will enable Holcim to meet over the long term the rapid market growth fore
Gresik predicts stagnation in sales
State-owned cement maker PT Semen Gresik is targeting only a 10 per cent increase in net profit this year with sales stagnating at around Rp5 trillion (US$554.89m) to Rp5.5 trillion . Sales are not ex
GCC cement industry sets to grow at 9.5 percent
The cement industry of the Gulf Cooperation Council (GCC) countries is set to grow at an compounded annual growth rate of 9.5 per cent till 2006, local newspaper the Khaleej Times daily reported Tuesd
Cimpor buys 49 pct of Angola’s Nova Cimangola
Cimentos de Portugal SGPS SA (Cimpor) said it has acquired from two companies belonging to Holcim AG and HeidelbergCement AG, the entire share capital of Scanang Holding Ltd, whose sole asset is a 49
Cement rises 17 per cent rise in October
The Indian cement sector is finally showing strong signs of revival, with industry shipments recording a 17 per cent growth last month, the highest in recent times, thanks to the surge in housing dema
ACC cuts staff at Bargarh
Six months after taking control of Idcol Cement - now named Bargarh Cement - ACC, the country’s second largest cement manufacturer, has kicked off a major manpower rationalisation effort to impr
Birla group to set up concrete plants
The Aditya Birla group is planning to set up 30 ready-mix-concrete (RMC) cement plants in several locations across the country in the next two years and one of it would be in Kolkata. However, the gr
YTL Cement acquires bigger stake in Perak-Hanjoong
YTL Cement Bhd is acquiring an additional 32.74 per cent stake in Perak-Hanjoong Simen Sdn Bhd for a total cash consideration of RM109.7 million from Danaharta Managers Sdn Bhd. This is on top of the
Yemen to boost cement production
Yemen intends to increase cement production by a massive 300 per cent in the next three years, a move that will at last allow it to keep pace with internal demand. Yemen Trade and Industry Minister K
Lafarge plugs in to captive power sector
Lafarge India (LIPL), a subsidiary of the Lafarge group of France, will be amongst the first foreign investors in the captive power sector in India. The company which grabbed headlines by taking over
Somani to set up 1000tpd cement plant
Somani Cement Company Ltd, the pioneer in cement manufacturing in Gujarat, is going to set up a new 1000tpd ’vertical shaft kollen rotrate technology’ plant at Mahuva in Bhavnagar district
Camargo Correa covets Loma Negra
The Brazilian Camargo Correa is negotiating the acquisition of Loma Negra - the largest cement manufacturer of Argentina. Camargo Correa did not confirm the negotiations but a source of the company sa
Cement industry to grow two per cent in 2004
Chilean Cement company Cementos Polpaico, part of the Swiss group Holcim, has had a good year bearing in mind that through the third quarter its profits grew 25 per cent to 11.13 billion pesos (US$18.
Mexico Cemex mulls expansion in Russia, China, India
Mexican Cementos Mexicanos SA (Cemex), the world’s third largest cement maker, plans to start operations in Russia, China or India, after the purchase of the British building materials producer
Malaysia: Lafarge to increase Rawang plant capacity
Lafarge Malayan Cement Bhd says the cement grinding capacity of its Rawang plant will increase by 800,000tpa after it transfers an idle grinding mill in Langkawi to the Rawang plant.