Cement crisis hitting hard, Brisbane, Australia
Brisbane City Council is staring down the barrel of construction hikes, threatening blow-outs on key road projects including the Hale St Link bridge.
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Ethiopia Privatised cement factory doubles production, to open new plant
After being privatised to a share company, the National Cement Factory has doubled production and works are underway to open another plant,
Vietnam: several cement projects await approval
The Ministry of Construction has received a slew of proposals from cement makers requesting permission to build new plants.
British cement outlook
With construction investment running at record levels, the outlook for the cement industry in Great Britain can generally be said to be reasonably encouraging.
New order for ABB in Pakistan
ABB Switzerland Ltd announced that it has won an order from Fauji Cement Company Ltd (FCCL) for their new 7200ptd production line.
Oman Cement Co Sales Up 4.25 per cent YoY nine-month 2007
Oman Cement Company (OCC) reported on November 11, 2007 a YoY sales increase of 4.25 per cent to 1,455,686t of cement for the first nine months of 2007.
Holcim Thai unit to halt two cement kilns early 2008
Siam City Cement PCL, majority-owned by Holcim, said Thursday it will shutter two kilns from early 2008, due to higher production costs and sluggish domestic demand.
Egypt’s Lafarge-Titan to invest $180m
Egyptian joint venture Lafarge-Titan Group will spend close to $180m to boost its cement production capacity by about 50 per cent, a senior company executive said on Wednesday.
Pakistan cement price on the rise
The cement prices got the raise of Rs5-10 per 50 kg bag at the retail level after experiencing persistent depression in the first quarter of fiscal 2007-08, it is learnt here Tu...
Mergers, acquisitions to accelerate in cement sector
China is likely to see the number of its cement manufacturers declin to 1000-odd in 2010 from the current 5000-plus, said Lei Qianzhi, head of China Cement Association.
Union threatens to lock down Carib Cement Company
NWU deputy island supervisor Danny Roberts (right) speaks at a press conference yesterday at the union’s headquarters in downtown Kingston.
Tsement to be expanded without foreign investments of RUR5bn
Tsement OAO (Golukhinskiy Cement Plant, Altai region) will be expanded without participation of Germany’s Heidelberg Cement, that was expected to invest up to RUR5.25bn
Holcim Gets US$195m
PT Holcim Indonesia Tbk has secured US$135 million loan from Cemasco BV and US$60m from two local banks. Holcim will use the loan to refinance its US$214m debt.
Sabanci Holding: Energy incentives for cement industry not wise
Sabancı Holding Cement Group head Erhan Kamışlı has said the cement manufacturing industry is an energy-intensive industry and that it would not be wise to o...
Expansion boosts Cimpor volumes
Cimpor’s turnover increased by 17.3% to EUR1464.9m for the first nine months of the year, helped by initial contributions from Turkey and China for six months and three mo...
Indonesia’s Semen Padang mulls plan for new cement plant
PT Semen Padang, a unit of Indonesia’s largest cement producer, PT Semen Gresik, is considering building
Egypt’s Misr Beni Suef Cement says 9-mnth profit up
Misr Beni Suef Cement said its profit for the first nine months of 2007 rose 2.6 per cent to £E211.4m (US$38.44m).
Strike threat looms over Carib Cement
Carib Cement Rockfort plant. The threat of strike action now hangs over Caribbean Cement Company Limited.
Egypt’s Torah Cement 9-month net profit up 10.6 per cent
Egypt’s Torah Portland Cement reported a 10.6 percent rise in net profit for the first nine months of 2007 to £290.6m (US$52.8m),
Investfino hikes stake in Cimpor to over 20 per cent
Cimpor said Investfino has increased its stake in the company to over 20 per cent after acquiring 5m Cimpor shares on Nov 9 up from approximately
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