Green light for new plant in Namibia
Portuguese construction company Teixeira Duarte and cement producer Cimpor have been given the green light by the Namibian Government for the start of construction of a cement p...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Spanish cement consumption down 18.6%
In the first eight months of the year, cement consumption in Spain fell 18.6 per cent on a year earlier to 31.2Mt
Mandiri provides another IDR150bn non-cash loan
PT Bank Mandiri Tbk agreed to provide additional non cash loan transaction to PT Semen Padang as from IDR75bn into IDR150bn to support the company business.
Mexico says talks advance between Cemex and Caracas, Venezuela
Mexico said that talks between Cemex and the Venezuelan government about a price for company assets expropriated by President Hugo Chavez are advancing positively.
China’s Runji Cement’s new line achieves production targets
China Runji Cement Inc, a leading producer and distributor of cement in Anhui Province, PRC, today announces that its newly built second cement clinker line of 2500tpd
Ultratech Cement director resigns
Ultratech Cement Ltd director Santrupt Misra has resigned from the board, while S B Mathur has been appointed additional independent director.
Semen Gresik expects earnings to rise 15 per cent
PT Semen Gresik estimates its income by the end of this year will reach Rp11 trillion (US$1.2 billion) or up by 15 per cent from around Rp9.5 trillion last year, the company&rsq...
Coal to ease cost pressure for [Indian] cement manufacturers
BL reported that the recent fall in coal prices may bring some relief to the margins of cement companies compared to the preceding quarters.
Saudi Yanbu Cement net profit down to US$84.8m 1H08
Saudi cement producer Yanbu Cement Co (YCC) said its net profit declined to SAR318m (US$84.8 m) in the first half of 2008, down 14.5 per cent YoY.
UAE cement prices to dip 10%
Cement prices in the UAE are set to decrease by five to 10 per cent following the drop in the price of diesel and a reduction in consumption, according to some industry sources.
Adani Power to tie in with cement manufacturer, India
Adani Power is trying to rope in a cement manufacturer to ensure an environment friendly as well as economically-beneficial utilisation of fly ash be generated by
Housing slump hits cement firms’ capacity utilisation
The Indian cement industry’ capacity utilisation is down by 8 per cent points to 86 per cent during the April-August period
Carib Cement to barge cement to St Thomas
Faced with the challenge of no direct route to St Thomas after the Hope Bridge collapsed nearly three weeks ago
Fiji Industries Limited maker gets cleaner
Fiji Industries Limited (FIL) is committed to environment protection and has embarked on a restructuring initiative to reflect this.
Holcim, Lafarge shares rise on merger rumours
Shares in Holcim and Lafarge rose strongly today as speculation swirled that the world’s two largest cement makers could merge. By 6:19 a.m. EDT, shares in Holcim had rise...
PPC new plant proposal, South Africa
South Africa’s Pretoria Portland Cement said on Monday it was seeking government approval for a new ZAR4bn (US$490.3m) cement factory to replace its ageing plant in the Western ...
Sinoma unit signs Rmb248m cement plant contracts
Sinoma International Engineering Co, a subsidiary of China National Materials Company, said its subsidiary
Philippine cement demand remains flat in 1H
The demand for cement for the first six months of the year remained flat as public construction went down six percent during the second quarter,
CIMA projects higher profit for this year, Malaysia
Cement Industries of Malaysia Bhd(CIMA) which registered a pre-tax profit of RM85.4m last year is projecting a higher profit for its financial year ending December 2008,
GBL Bought EUR57.55m Worth Of Lafarge Shares Sept 2-5
Belgian Financier Albert Frere’s holding company, Groupe Bruxelles Lambert, bought a total of EUR57.55m worth
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