Court opens case upon Dontsement bankruptcy, Ukraine
Donetsk regional business court has opened a case upon bankruptcy of a large Ukrainian cement producer Dontsement, Donetsk region.
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China National Building Materials net profit soars
Hong Kong-listed China National Building Material Co, Ltd (CNBM), one of China’s largest building material manufacturers, announced its net profit reached RMB545.6m
Cement firms want EAC to return suspended duty
East African governments have phased out suspended duty on cement, wrong-footing new and old investors in the sector, according to local players.
Inquiry against cement-makers shelved, Pakistan
The Ministry of Industries and Production has shelved an inquiry against cement manufacturers with the argument that prevalent cement prices are justified,
Cemex, Chávez reach agreement on nationalisation
The Venezuelan government has reached an agreement with Cemex on the nationalisation of subsidiary Cemex Venezuela,
Cement prices fall in north India as supply improves
Excess supplies and faltering demand have forced cement makers to reduce prices by Rs5-10 per 50kg bag in north India.
New order for Pillard
The Phoenix Zementwerke Krogbeumker GmbH & Co. KG optimises its clinker production
Cost to upgrade W.Va. cement plant up US$140m in two years
The cost of a cement company’s plan to retool its cement plant south of Martinsburg and increase production there has increased by about US$140m
Cimpor ahead in spite of lower Iberian numbers
Cimpor raised its first half turnover by 8.3% to EUR1,011.6m, with almost half of the increase, or EUR36.1m, coming from the initial consolidation of the operations in China and...
Cemex handing plants to Chavez, Venezuela
Cemex has agreed to hand over control of its Venezuelan subsidiary to a board appointed by the country’s government, opening the door to price talks, Venezuelan Vice-Presi...
Holcim raises stake in Serbia unit
Holcim has raised its stake in its Serbian unit, Holcim Serbia, by 7.08 per cent to 99.4 per cent for CSD749m (US$12m), according to local press reports.
Cement production up by 5.1% YoY in January-July
Production of cement in Cyprus rose by 5.1 per cent over the year-earlier period to 1.16Mt in the first seven months of 2008, from 1.1Mt in January-July 2007.
Saudi Dana Holding to invest US$395m in cement firm
Saudi privatley-owned Dana Holding will invest SAR1.48bn (US$395m) to establish a cement company in Al-Baha, southwestern Saudi Arabia, Al-Watan daily reported on August 27, 2008.
Holcim Vietnam set to double capacity with new plant
The Peoples Committee of the Mekong Delta province of Kien Giang has licensed Holcim Vietnam Ltd. to build its second clinker production line at the Hon Chong cement plant.
Indian cement prices set to fall 15-20%
Indian cement manufacturers, which are facing cost pressures and government intervention on pricing front, may face more trouble as cement prices are set to decline 15-20% by fi...
Activists oppose Hima quarry project
Environmental activists have again called for the delay of limestone mining at the Dura quarry in Kamwenge district.
Phosagro AG to invest US$40.7m modernisation, Russia
Phosagro AG, the managing company of the Phosagro group, plans to invest between RUR600mn (US$24.4m) and RUR1bn
Sichuan cement ex-factory prices rise 38.3%
The average ex-factory price of cement in Sichuan province was CNY 432 per ton in the first half of August, up 0.93 per cent than the second half of July and up 38.3 per cent th...
Saudi Tabuk Cement net profit at US$31.8m in 1H08
Saudi cement producer Tabuk Cement Company (TCC) registered a slight decline in its net profit to SAR119.4m (US$31.8m) in the first half of 2008 from SAR120.1m (US$32m) in the s...
Ground breaking ceremony, Kenya
The Kenyan economy has, in the past five years, registered impressive growth. This has translated into surging consumer demand and, inevitably, demand-push inflation.
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