Chinese build for Prosperity
China’s construction industries will continue to grow strongly despite the completion of major projects connected with the 2008 Beijing Olympics, according to Patrick Li chief f...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Colombian cement sales up 5.4 per cent YoY Aug 2007
Sales of grey cement in Colombia stood at 768,375t in August 2007, up 5.4 per cent YoY according to data of the national cement producers’ institute ICPC.
Holcim Maroc first-half net profit rises 22 per cent
The Moroccan unit of Holcim said on Friday first-half net profit rose 22 per cent as new housing, tourism and infrastructure projects reinforced demand for its products.
Holcim picks up 3.9 per cent stake in Ambuja Cements, India
Holcim today consolidated its holdings in Ambuja Cements to 36.2 per cent after picking up 3.9 per cent stake in the domestic firm for Rs 924 crore in open market transactions.
Chinese company starts building Batis Cement Factory
A Chinese company has started building the Batis Cement Factory at cost over $240 million, which is one of the largest private sector investments in the province.
Cement supply stabilises as govt eases import rules, Qatar
The relaxation in import procedures and the “production boost” in Saudi Arabia has stabilised cement supply in Qatar.
Lafarge to see firmer demand for cement next year, Malaysia
Lafarge Malayan Cement Bhd is expected to see firmer demand next year as the bulk of the Ninth Malaysia Plan (9MP) projects would be implemented then
Jordanian companies get the lion’s share of Katrana Cement Company Contracts
Katrana Cement Company announced that it has chosen Mid- Contracting to carry out the civil work and construction of the Katrana Cement Plant.
SCG unit determined to meet B52bn target; Industry slowdown won’t stop efforts
SCG Distribution Business, the distribution arm of the Siam Cement Group, is determined to drive sales to meet its target for the year of 52 billion baht amid a downturn in the ...
Concerns arise over cement supply
Hardware merchants are growing uneasy with the reported production problems at Carib Cement Company,
South Africa forecast
Estimates are that southern Africa will need about 24Mt of cement a year by 2014. Question is whether local cement industry can deliver.
Nalco taps private firms for fly ash cement project
First it was Vedanta Resources and now state-owned Nalco took a step in this direction exploring options for a cement company.
Gresik needs US$1.2bn for expansion
The country’s largest cement maker PT Semen Gresik (SMGR) and its financial advisor JP Morgan are considering options to raise US$1.2 billion in fund to finance business...
EA Portland Profit Jumps 20%, Kenya
East African Portland Cement’s pre-tax profit for the year ending June 2007 has shot up by 20 per cent to Sh1.1 billion, from Sh924 million in the previous year.
Brazil cement sector reviews forecast after record month
The Brazilian industry of cement recorded in August its best monthly results in 54 years of survey performed by the National Cement Industry Syndicate (Snic), with sales of 4.25...
Cement prices up in Maharashtra, India
Cement manufacturers in Maharashtra have increased the price by Rs 3 a bag of 50kg in the second rate revision during the last three months.
Indocement to raise production capacity to 20Mt by 2009
To help meet rising local demand, publicly listed cement producer PT Indocement Tunggal Prakarsa is set to gradually increase its production capacity to 20Mta by 2009 by
Ibeto Cement Factory Commences Production, Nigeria
The N12bn Ibeto Cement Factory in Port Harcourt, Rivers State, yesterday took delivery of 35,000t of bulk cement (about 1,750 bags) to hit the market today after
Binani Cements Ltd to double production
Binani Cements Ltd, the flagship company of Binani Industries Ltd, plans to nearly double production over the next three to four years by expanding current capacity and developi...
Holcim to meet targets despite U.S. slowdown
Holcim is confident it will meet its targets this year despite expecting a slowdown in U.S. cement consumption, the group’s chief executive told Reuters on Thursday.
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