Semen Gresik seeks US$300m loan
PT Semen Gresik Tbk seeks US$300m loans to finance the possible acquisition of cement manufacturers from Malaysia and Philippines.
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Caribbean Cement outlook
Rather than cutting production in the face of contraction in domestic construction, which estimates place as high as
China: Jan cement output hits 82Mt
China’s cement output hit 82Mt in January, the same as last year’s, while sales decreased in some major
India: cut in excise duty
In a move to boost up the demand in domestic market, the government has announced 2% excise duty cu
Cemex plans to sell US$500m bond to repay debt
Cemex rose the most in more than two months after Fitch Ratings said the company plans to sell
CRH ’unlikely’ to seek Lafarge-style rights issue
CRH is unlikely to follow French construction material groups Lafarge and Saint Gobain in pursuing a "rights issue"
ACB lends VND400bn to Hoang Thach Cement
Asia Commercial Bank (ACB) yesterday inked a deal in Hai Duong Province to lend VND400bn to
Eonomic crisis complicates California’s climate goals
California Portland Cement, which employs 140 people in Colton, California, says the economy has put the plant’s future in doubt.
Germany: 2008 indicates the end of the boom for construction equipment and building material machinery
"The period of extraordinary growth in the construction equipment and building material machinery industry, which lasted for six years in a row, has now come to an end,"
Mexico hit by Cemex downgrade, U.S. bank worries
Mexican equities were knocked back to four-month lows Monday, with losses suffered by Cemex
UAE cement makers call for reimposition of import duty
UAE cement producers feel the time is right for the reintroduction of customs duty on imports
AYCC to launch cement plant in Hadramout
The Arabian Yemen Cement Company AYCC has announced that 93% of the company’s cement plant in
Cemex proposes Barrington plant closure
Cemex has announced proposals to close one of its cement manufacturing plants in Barrington,
Seabulk to handle Lanka Cement ops
Seabulk International Bulk Handling Services, an Italian Cement transporting firm has submitted a proposal to
EBRD’s exit from Lafarge Ciment, Romania
Lafarge last year bought the 20 perc ent stake that the European Bank for Reconstruction and Development
Slowdown signs -Ukrainian cement plants to reduce output
Mr Otto Lose GD of Dyckerhoff Zement has said that Dyckerhoff expects its Ukrainian cement plants to
Egypt Cement officials probed for rule violations
Two executives from Alexandria Beni Suef Cement and Ameriyah Cement have been referred to the
Cement prices to come down, Jamaica
The Caribbean Cement Company (CCC) Limited has announced there will be reduction in the price o
HSBC cautious on Indian cement sector
Given the deteriorating macro economic outlook and expectations of softening GDP, the long term
Siam City Cement (SCCC): In-line results
Siam City Cement (SCCC) reported a 4Q08 net profit of Bt675m, up 63.6% YoY but down 5.5% QoQ, in-line with the market’s expectation.
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