Taiwan Cement unit gains TWD270.38m on sale of Anhui Conch Cement H-shares
Taiwan Cement Corp said its unit TCC International Ltd booked a gain of TWD270.38m on the sale of a total of 1.11m H-shares of China’s Anhui Conch Cement Co Ltd.
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Semen Gresik prepares IDR5,34 trillion for PLTU
PT Semen Gresik Tbk allocated US$574m funds or IDR5.34 trillion to build a steamed-based power plant built this year until 2010.
Cimpor suffers sharp drop in Spanish profits
Cimpor said first-quarter net profit to March decreased 14 per cent to EUR57.6m compared with the first quarter of 2007.
France’s Vicat to build cement plant in Kazakhstan
Vicat and Kazakh group Kazkommerts Invest will build a cement plant in the Central Asian state at an estimated cost of US$230m, Kazkommerts Invest said on Thursday.
Iraqi ministry sets aside US$160m for cement company
A report released by the Iraqi Ministry of Industry and Minerals showed that the ministry will set aside a total of US$160m from a Japanese loan to rehabilitate
Vietnam: Ministry waives duty on clinker
The Ministry of Finance (MoF) decided to waive import duty on clinker from 10 per cent to zero in the wake of a proposal from the Ministry of Construction (MoC).
China may add cement, steel price controls
China may cap steel and cement prices to curb inflation as the nation rebuilds after the May 12 earthquake,
Indian government eases ban on cement exports
The government of India has eased the ban on cement exports from the ports in Gujarat.
Vietnam to produce more cement
Vietnam will produce at least 50Mt of cement in 2010 to meet the domestic demand
Oman Cement, Raysut allowed to raise prices, import
Oman Cement and Raysut Cement will from be allowed to import cement and raise prices amid a shortage and construction boom
Argos borrows US$150m to part finance new plant, Colombia
Colombia’s largest cement company Cementos Argos SA has borrowed US$150m from the Andean Development Corp and China Development Bank to
China National Building Material Co wins Libyan deal
Libya’s state-owned Cement African Company has awarded China National Building Material Co a deal to build a cement factory,
Ethiopia: Mome, Derba Midroc Ink mining agreement
Ministry of Mines and Energy (MoME) yesterday signed an agreement with Derba Midroc Cement PLC allowing the latter to mine limestone, marl, gypsum and sandstone in the North She...
Construction begins on Hebei Jingxing Dingxing plant
Construction on the Hebei Jingxing Dingxing cement and clinker plant that is funded by Hebei Dingxing Cement Co, Ltd. started on May 22nd.
Cimpor Q1 seen weak as Iberian operations weigh; Brazil strong
Cimpor is expected to post a weak set of first-quarter results to March on Wednesday, pressured by lower
Heracles Cement Q1 net falls to on higher costs
Lafarge’s Heracles General Cement Company SA said its first quarter net earnings after taxes fell to EUR1.3m from EUR18.7m booked over the same period last year.
Nigeria: cement price rises 20% to N1,900 in two months
The price of cement in Nigeria has risen by 20 per cent in the past two months in spite of government lifting the ban on imports.
Saudi Yanbu Cement to invest US$453m in fifth production line
Saudi cement producer Yanbu Cement Company (YCC) has signed a memorandum of understanding with
India imports 83,000t of cement from Pakistan
Government is importing cement from Pakistan as a measure to control the hike in cement prices.
Holcim Lanka discussion on raising prices
Holcim Lanka Limited announced yesterday the company is hoping to meet the minister for Consumer affairs to discuss
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