Vietnam: cement producers seek broader markets
Cement producers in Vietnam are beginning to seek more export markets as a total of 38 new cement plants are expected to open in the next few years, according to Construction Mi...
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Huaxin Cement to launch 1.2Mta cement project in Sichuan
Huaxin Cement Co is to construct a cement project with annual output of 1. 2Mt in Wanyuan city, China’s southwest Sichuan Province. Investment in the project will hit CNY7...
Colombia’s Argos transfers US$91m to its US unit to repay debt
Colombia’s largest cement maker, Cementos Argos SA, will transfer US$91m to its US unit so it can pay outstanding debt, Argos said in a filing with the securities regulator.
Cement factory to be opened at Karibib, Namibia
Karibib Portland Cement (KPC) is set to invest N$1.8bn in a cement plant and a mine 12km northeast of Karibib.
Rwanda cement factory plans expansion to meet demand
Rwanda’s only cement factory plans to build a new production line expected to increase output by 500 percent, a company official said on Wednesday.
Gulf Cement plans to start operations by March 2009
Gulf Holding Company (GHC) is implementing the third and final phase of its subsidiary Gulf Cement factory
Texas Industries Inc: outlook revised
Standard & Poor’s Ratings Services revised its outlook on cement producer Texas Industries Inc. (TXI) to stable from positive
Kingdom to set up firm with SR20bn capital
Saudi Arabia will set up an investment firm, Sanabil Al-Saudia, as a joint stock company with a capital of SR20bn that will invest
TPI Polene expects to beat 2008 forecasts
TPI Polene, Thailand’s third largest cement firm, said on Tuesday it expected higher second-quarter and full-year net profit.
Cement prices in Pakistan hit record high
Cement prices of various cement brands in Pakistan have hit a record peak of
Birla exects to inspect defunct cement plant in Sri Lanka
A team of officials from India’s Aditya Birla group is to visit Sri Lanka Wednesday with the aim of inspecting the site of a defunct northern cement plant the Indian group...
Saudi Cement’s Q2 profit down on export ban
Saudi Cement Co , Saudi Arabia’s largest cement maker by market value, said second-quarter earnings fell 9.4 per cent on a government ban of exports and a rise in costs.
India: ACC may invest in ready mix concrete businesses
Associated Cement Companies (ACC) plans to double its number of readymix concrete units to 46 this year.
ABAD demands ban on cement export, Pakistan
Karachi: The Association of Builders and Developers (ABAD) has said the government should ban the cement export and allow its import
Kenyan authorities block Tororo cement limestone bid
Kenyan authorities recently blocked a proposal by Tororo Cement Industry (TCI) to import limestone from Kenya’s vast Rift Valley province.
Brazil’s June cement sales rise 13.9% YoY
Cement sales in Brazil rose 13.9% in June compared with the same month last year, to 4.21Mt, according to figures Monday from the National Cement Industry Association (SNIC).
Inteco seeks buyer for its cement stake, Russia
Inteco, owned by Elena Baturing, is seeking a buyer for its stake in the cement business.
Venezuela stake in cement makers will be defined in August
Venezuelan President Hugo Chávez decreed the nationalization of foreign-owned cement companies last April and stressed that the government would own at least 60 per cent of the ...
India cement-makers’ profits set to slump
The Indian cement industry is set to see some tough times, according to the Business Standard of India, with margins likely to fall further in the June quarter.
Algeria, Iran sign EUR220m cement plant deal
Iran and Algeria signed an agreement to build a cement plant at a cost of EUR220m in the north African country, the head of the Algerian Chamber of Commerce and Industry (CACI)
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