Cement News tagged: International
Iran, Venezuela to help Bolivia create cement company
President Evo Morales on Saturday signed an executive order creating Cementos de Bolivia, a state cement company to be formed with financial assistance
US$15m cement plan to ease crisis
Bahrain’s only cement manufacturer, Star Cement, is to invest US$15m (BD5.6m) to increase production
Iran’s Khoy cement factory to go on-stream this year
The managing director of the Khoy Cement factory announced here on Sunday that the factory is 85 per cent complete
India: Nod for cement plant prospecting
Even as Himachal Pradesh government is making a case for earning carbon credits through an active green policy, the state cabinet on Friday gave its nod for exploring
Taiheiyo turns to loss as demand for cement wanes
Taiheiyo Cement Corp, Asia’s biggest producer, turned to a loss in its first quarter as demand for the building material waned in Japan and the US.
India cement prices to fall on surplus output
Indian cement producers feel their margins will remain under pressure for the next several quarters as excess capacity build up in the country is expected to keep prices from moving up.
Russia cement prices fall 20 per cent in inflation battle
Cement prices in Russia have dropped off sharply from record highs despite a continuing surge in demand, showing that on some fronts, the state’s battle against rampant inflation is working.
Gujarat to get two new cement projects
After a lull of nearly a decade, two large greenfield cement projects are coming up in the western Indian state of Gujarat.
New Nigerian cement plant venture announced
A new cement factory, Northrich Cement Limited, is to be built in Sokoto, a city located in the northwest of Nigeria at a cost of N42bn.
Shree Cement July shipments up 31 per cent YoY
Shree Cement said on Thursday its July shipments rose 31 per cent to 582,000t from 445,000t a year earlier.
Belarus: construction of three new cement plants
The construction of three new cement plants in Belarus will cost US$1134m, Construction Minister Alyaksandr Selyaznyow told reporters in Minsk on August
Sichuan’s cement sector over-invested following quake
The China Cement Industry Association (CCIA) has warned that overinvestment in Sichuan province’s cement industry to meet a short-term rebuilding need
Vulcan’s aggregate prices continue to rise
Thanks to the initial consolidation of Florida Rock, Vulcan Materials’ first half turnover increased by 20.8 per cent to US$1,737.7m.
Cemex explores sale of certain Australian assets
Cemex announced today that it is exploring the sale of certain assets in Australia. The proceeds from the potential asset sale will be used for debt reduction.
HeidelbergCement affected by US and British housing
Helped by the consolidation of Hanson, HeidelbergCement’s turnover first half rose by 66.5% to EUR6927.7m and the EBITDA increased by 45.8% to EUR1276.5m.
India sees slowdown in cement consumption
The Indian cement industry is expecting a slowdown with the GDP growth rate on a slippery path yet over 70Mt of fresh capacities in the pipeline over the next two years.