Cement News tagged: International
Nigerian Dangote buys into South Africa cement firm
Nigeria’s leading industrial conglomerate, Dangote Group, has acquired a 45 per cent stake in South Africa’s Sephaku Cement for ZAR3bn ($378m) through a private placement,
Brazil cement sales grow 2.9% in March
Brazil’s domestic cement sales totaled 3.8Mt in March, 2.9% more than a year before, the Brazilian Association of Cement Industries (Sinc)
Indonesia Q1 cement consumption up 16.8 per cent YoY
Indonesian cement consumption rose 16.8 per cent in the first quarter to March from a year ago,
SCHADE equipment in South American cement plants
SCHADE Lagertechnik GmbH – a member of the AUMUND Group – is currently processing orders for the South American cement market,
Carib Cement modernisation programme on track
Caribbean Cement Company Limited said it is on track to completing its modernisation programme with its new kiln expected to come on-stream next month.
Jordan’s Ready Mix acquires stake in local cement plant
Jordan’s Ready Mix Concrete and Construction Supplies will acquire a stake in the new US$400m Qatranah cement
Lafarge prepares to invest in Polish production
Lafarge Cement, will invest EUR320-350m in its new production facility in Poland, which will boost its domestic production capacity by 1.5-2Mt,
Saudi cement-firm profits rise as economy advances
Three of Saudi Arabia’s five biggest cement producers by market value posted first-quarter profit growth of at least 11 per cent on a jump in domestic demand.
South Africa cement sales fall 18.7% in March
Cement sales in South Africa fell 18.7 per cent YoY in March 2008 to 1.039Mt after
China’s Anhui Conch receives approval for A-share issue plan
Anhui Conch Cement said it received final approval from the China Securities Regulatory Commission on
Shui On plans 20Mt cement output for ’08
Shui On Construction and Materials Ltd chairman Lo Hong-Sui says cement sales volume will continue to increase in 2008
Holcim hopes Venezuela nationalisation talks please both sides
Holcim said on Tuesday it hopes talks with the Venezuelan government over plans to nationalise the cement industry satisfy both sides.
Holcim plans EUR82.7m investment in Serbian plant
Holcim plans to raise the capacity of one of its Serbian units from 2200t to 4000t of clinker from under a EUR82.7m (US$130m) investment plan.
Sustained demand boosts March sales, India
Sustained demand has helped many cement companies to record higher despatches in March, which is usually a peak month in terms of consumption. However, cement prices remained unchanged.
Indonesia’s exports down 50 per cent on strong demand
Indonesia’s cement exports shrank 50 per cent in the first two months of this year despite an increase in production,
Two Japanese cement firms look to Russia for growth
Ube-Mitsubishi Cement Corp. and Sumitomo Osaka Cement Co each plan to begin exporting cement to Russia this month in a bid to break into the market,