Strike action causes Tobago shortage
Building contractors in Tobago have been affected by strike action at Trinidad Cement’s plant in Claxton Bay, the Trinidad and Tobago Express reports. Local companies told th...
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Eurocement Ukraine 2011 narrows losses
Eurocement Ukraine has closed 2011 with a loss of UAH46.05m (US$4.3m), the company said in a statement. Eurocement Ukraine sustained losses of UAH117.474m in 2010, having red...
Indocement to invest in new factory, Indonesia
PT Indocement Tunggal Prakarsa, part of the HeidelbergCement Group, is set to construct a new cement factory in Citereup, West Java, according to local press reports. Asia ...
FLSmidth to appoint new Group Executive Vice President
Carsten R Lund will be appointed new Group Executive Vice President of FLSmidth & Co and member of the Group Executive Management in July 2012, when Mr Christian Jepsen resigns...
SCG Trading targets 30% rise in revenues, Thailand
SCG Trading, a unit of Siam Cement Group, targets annual sales growth of 30 per cent from this year onwards, driven by coal and building-materials business, particularly overse...
Himachal sees capacity reaching over 22Mt by 2015
Cement and clinker production in Himachal is expected to reach 22.37Mt by 2015 after the north Indian state commissions the 3.75Mt JP Himachal Cement plant, according to Minis...
New Brazilian cement line project signed
FLSmidth has been awarded a contract worth US$83m from the company Margem Companhia de Mineração (a subsidiary of Supremo Cimentos) for delivery of equipment and services for t...
UltraTech Cement in talks to buy northeastern plant
UltraTech Cement, the largest cement producer in India, is in talks to buy north-eastern cement producer Adhunik MPS Cement’s Meghalaya plant for over INR7bn., according to rep...
CPA: Budget brings no short term benefit, UK
The UK’s Construction Products Association (CPA) welcomed the Chancellor’s strong commitment to business in his Budget Statement but says it will not bring any significant shor...
Morgan Stanley bearish on China Building Materials Sector
Morgan Stanley believes second quarter pricing for China’s building materials will still be lower than the first quarter as it expects 2Q demand seasonal recovery to be weaker ...
India Cements to raise capacity in Tamil Nadu
India Cements has begun the process to expand capacities at two of its plants in Tamil Nadu, according to reports from the Times of India. The company has applied to the Minist...
Lucky Cement inks power supply agreement, Pakistan
Lucky Cement plans to sell additional electricity to the Peshawar Electricity Supply Company through its plant in Darra Pezu, Pakistan. The daily Business Recorder reported ...
Asia Cement 2011 net profit rises, China
Asia Cement (China) Holding Corp said its net profit rose by 162 per cent YoY in 2011 to CNY1.34bn (US$212.6m). Meanwhile, basic earnings per share stood at CNY0.86. Citigro...
CMS Cement opens new terminal, Malaysia
CMS Cement, the sole cement producer in the state of Sarawak, East Malaysia, has opened a new cement terminal in Miri as the company aims to better its supply chain operations....
Southern Cement improves market supply
Southern Cement Company Chairman Prince Abdullah bin Musaed bin Abdurrahman Al-Saud said the company has started implementing the royal decree related to cement prices. Addr...
Lafarge CEO to visit Bangladesh
Bruno Lafont, Chairman and CEO of the Lafarge Group, is set to arrive in Dhaka, Bangladesh, today to review operations of its local subsidiary Lafarge Surma Cement. An offici...
Birla Corp starts trial production at Chanderia, India
Birla Corporation Ltd. has commenced trial production of clinker from its 1.2Mt brownfield capacity expansion project at Chanderia in Rajasthan. The Indian Bureau of Mines has ...
Suez Cement strike action, Egypt
Egyptian cement producer, Suez Cement, said that workers in two of its factories started strike action on 14 March. The strike has halted shipping at the Suez and Katamiya plan...
Mexico sees slow recovery
Mexican consumption reached 40.6Mt in 2011, representing a growth of 3.9 per cent and a similar growth rate is expected for this year as a number of challenges lie ahead. T ...
Peruvian market acceleration
Peruvian cement shipments have shown strong increases for the third month in a row indicating a recovery in public investment and an acceleration in domestic sales. Shipment...
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