Cement News tagged: International
Siam City goes low-cost
Siam City Cement (SCCC) responded yesterday to its rivals’ constant price-cutting by introducing its first low-cost product (reports The Nation) Chantana Sukumanont, executive vice president of
Bolivian cement initiative
Bolivia’s President Carlos Mesa and the country’s cement producers have developed a three-pronged strategy to promote the use of domestic products and inject funding into the country&rsquo
Chilanga Cement - more local sales
Zambia Consumers Association (ZACA) executive secretary, Muyunda Ililonga, has challenged Chilanga Cement to satisfy the demand for cement on the local market. And Chilanga Cement chief marketing man
Indonesian cement consumption up
Indonesia’s domestic consumption of cement reached 11.244Mt during the first five months of 2004, an increase of 8.7 per cent from 10.321Mt for the same period last year, according to data relea
June cement despatches dip
Cement despatches of cement majors Grasim Industries and Gujarat Ambuja Cements have dipped in June due to monsoon, while despatches of UltraTech Cemco have increased marginally. Grasim’s despa
Siam Cement eyes top spot
Kan Trakulhoon, the heir apparent at the Siam Cement Group, aims to turn the conglomerate into the No-1 player in Southeast Asia in all of its core businesses - reports The Nation."We don’t want
Lafarge expands in China
Lafarge has undertaken to moves to strengthen its cement interests in China. The first involves the building of a second production line at its Dujiangyan works. This US$58m investment will double t
Wienerberger moves into Russia
Wienerberger AG is investing €30m in a brick plant at Kiprevo, in the Russian province of Vladimir, some 130 km to the north of Moscow. This represents the world’s leading brick producer’s first entr
Buzzi Unicem to raise additional equity
Although Buzzi Unicem already has one of the strongest balance sheets among the international cement groups, it is planning to raise some €205m through a two-for-fifteen rights issue. The proceeds of
Saint Gobain expanding in Russia
Saint Gobain Isover is more than trebling its capacity to produce insulation materials in Russia, where it is already the leading producer. This will take the form of an extension of the glasswool pr
Boy 9, to face death penalty?
Michigan, US: A 9-year-old boy is expected to face a judge next week for allegedly defacing a concrete floor with his bicycle, according to local Detroit news reports. The alleged incident occurred in
Kesoram plans to raise cement capacity
Kesoram Industries, the BK Birla group flagship, plans to invest Rs 350 crore to raise the capacity of its cement plant. ’We want to increase capacity in cement . We are examining the issue and
Cement sales fall
Cement sales in Chile totalled 1.57Mt in the first five months of 2004, a 2.8 per cent decrease from sales of 1.61Mt in the same period in 2003, according to a report by a Chilean brokerage house. The
Saudi Southern Province Cement
The cement output of Saudi cement producer Southern Province Cement (SPC) rose to 987,000t for the first three months of 2004 from 883,000t in the corresponding period of 2003. Local cement sales sto
Colacem obtains Tunisian funds
Italian cement maker Colacem will receive funds for some Euro 18m from a group of Tunisian banks for restructuring in the Tunis plant of its controlled cement company Les Ciments Artificiels Tunisiens
OCI signs Algeria cement plant loan
Egypt’s Orascom Construction Industries said its wholly owned subsidiary Algerian Cement Company signed a US$112m loan to build a second production line in Algeria. Orascom Construction (OCI) s