Belarus, China negotiating investment for cement production upgrade
Belarus is currently in talks with China over drawing investments for upgrading Belarusian cement plants, Alexander Pankevich of Belarus’ Ministry for Architecture and Construct...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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1Mta Shuangma Cement project starts production
The first phase cement project with annual output capacity of 1Mt of Shuangma Cement Factory in Gongxian of Sichuan Province
Vorotantim invests US$450mil in Florida, after the cement market
Votorantim Cimentos has wrapped up the acquisition of the concrete company Prestige in Florida (US) for US$200m and
Semen Gresik to expand using internal cash
PT Semen Gresik Tbk will use internal cash reserve to expand the facilities next year with the investment of US$250m - US$300m.
Texas Industries first quarter volumes down
Texas Industries’ turnover in the first quarter to the end of August declined by 3.0% to US$263.45m.
Chia Hsin Cement shares up on Credit Suisse report
Chia Hsin Cement Corp. shares gained after Credit Suisse Group initiated coverage on Taiwan’s fourth largest cement maker with an "outperform" rating.
Pakistan’s Cherat Cement’s profit dips to Rs 184.158m
The profit after tax of Cherat Cement Company Limited declined to Rs 184.158m in the year ended on June 30 as compared to Rs 537.785m earned in the corresponding period of las...
Asia Cement Plans Hong Kong IPO as early as 2008
Asia Cement Corp, a member of Taiwan’s Far Eastern Group, is planning an initial public offering in Hong Kong as early as next year,
Ssangyong Cement sells headquarters
South Korean cement maker Ssangyong Cement Industrial Co. said Friday it sold its headquarter building in Seoul to Golden Bridge Asset Management Co. for
Chinese cement industry recovery is on track
Year to date, cement prices in Guangdong province have increased by RMB 50-60/t, or 16.7-20 per cent, to RMB350-360/t. This is reported
No end in sight to market gains
If any more evidence were needed that drybulk rates have gone through the roof, this week saw the Baltic Capesize Index record its biggest ever one-day gain, equivalent to a ris...
Ultratech Cement operations at Kovaya stopped due to flood
Ultratech Cement Ltd has announced that Heavy rains in the Amreli district of Gujarat have resulted in floods in the area
Holcim sets 2010 margin targets, focus on aggregates
Holcim Ltd Thursday revealed new divisional targets for 2010, including a clear improvement in its building aggregates business.
Indonesia’s Gresik first half profit up 9.5 per cent
Indonesia’s largest cement maker Semen Gresik said Thursday its first-half net profit rose 9.5 per cent to IDR700bn (US$76.5bn) from a year earlier, on higher sales and b...
Jamaica announces reduction in import taxes on cement
The Jamaica government has announced an 80 per cent reduction in the taxes paid by importers of cement as the island seeks to deal with a shortage.
Cemex seeks review of takeover panel Rinker declaration
Australia’s Takeovers Panel said Thursday that Cemex SAB has launched a Federal Court appeal of its July declaration of unacceptable circumstances and orders relating to ...
China National Building unit inks four China deals
China National Building Material Co Ltd (CNBM) said 75 per cent-owned unit Nanfang Cement Co Ltd has signed four separate deals that will eventually help the group expand its ce...
New independent for French markets
A group of Spanish and French investors have been given the green light by French authorities to set up three grinding facilities
Lucky Cement likely to be key beneficiary
Lucky Cement is likely to be the biggest beneficiary of the ongoing regional cement supply shortfall in the Middle East and India as it is the only cement producer located near ...
ABB India bags Rs 93-cr order for cement plant in Jordan
ABB Ltd has announced that ABB India has won a Rs 93.3-crore order from KHD Humboldt Wedag GmbH, Germany to provide a turnkey electrics and automation solution for a 500tpd
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