Chinfon Haiphong to build cement plant in Dung Quat
Vietnamese-Taiwanese cement joint venture Chinfon Haiphong is expected to begin work on a 1Mta cement plant in the central province of Quang Ngai late this year.
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Gulf Cement okays foreign investors’ stake hike, Qatar
Gulf Cement Company shareholders have approved a higher 49% stake for foreign investors, the third listed entity to do so in the recent period.
Sinoma Signs Agreement with Saudi Arabia
Sinoma International Engineering Co, Ltd announced today that it has signed an agreement with Saudi Cement Company for the construction of two 10,000tpd cement production lines.
SCG Logistics to expand network
SCG Logistics Management plans to spend more than Bt200 million on solution systems this year to integrate its transport network and increase its presence in Asean.
Titan held back by US developments
Titan’s turnover declined by 4.5% in 2007 to EUR1,496.9m as the weakness in the United States and, to a lesser extent
Italcementi in downstream expansion
Italcementi has expanded its downstream operations by two acquisitions, one in the United States and the other in Kuwait.
Vassiliko announces plans to increase production
Production capacity of Vassiliko Cement Works (VCW) is set to increase with the addition of a new clinker production line, is expected to become fully operational by mid-2010.
Kenya’s Bamburi Cement pre-tax profits up 42 per cent
Kenya’s Bamburi Cement Group, majority owned by Lafarge, posted a 42 per cent increase in pre-tax profits to KES5.4bn for 2007 on Tuesday.
DG Khan Cement profit declines by 159%, Pakistan
DG Khan Cement has registered after tax profit of Rs 329.661m in first half 2007-08 compared to Rs 854.556m in the same period last year, depicting a decline of 159 per cent.
Cement to get costlier, again
Cement prices in parts of India are expected to go up from first week of March by Rs 5-7 per bag, sources said.
GCC reports full year and 4Q 2007 results
Mexico-based Grupo Cementos de Chihuahua (GCC) has announced consolidated results for the year and quarter ended December 31, 2007.
Nigeria president orders cement price reduction
President Umaru Yar’Adua has directed the Minister of Commerce and Industries, Charles Ugwuh to ensure that the price of cement
Ambuja Cement wins award
Ambuja Cement Ltd has bagged the Dun & Bradstreet - American Express Corporate Awards 2007
Taiwan Cement to build new plant in China’s Sichuan
Taiwan Cement Corp plans to build a new cement plant in the southwestern Chinese province of Sichuan,
Indian Railways target doubling in cement transportation
With the reduction of freight charges, Indian Railways has set an ambitious target of doubling the transportation of cement to 200Mt
Kursk region, RATM Group sign agreement for new plant, Russia
Administration of the Kursk region and RATM Group have signed an agreement on construction of a new cement plant in Shchigry
Holcim seen posting strong FY net, focus on outlook
Holcim is expected to post on Wednesday a full year net profit of SwFr4.479bn, up from SwFr2.719bn in 2006
Work starts on Albanian cement plant
Work started on a new €170m cement plant outside the Albanian capital, in the latest sign of increased foreign investment flowing into the country.
Baharoun to set up cement factory in Yemen
The Baharoun investment company has announced it intends setting up a cement factory in the Shuqra region of Abyan governorate, Yemen with a capacity of 1.5Mta.
Gresik projects 2007 net Profit at IDR1.7trn, discusses expansion plans
The Semen Gresik Group (SGG) is optimistic that its unaudited net profits in 2007 would reach IDR1.7 trillion, up by 31.78% from IDR1.29 trillion in 2006.
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