Universal to set up US$160m cement plant with British partner
CEO of cement company Universal Cimento, Mete Bulgun says that the company will set up a cement plant in the city of Bilecik with US$160m investment.
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India’s July cement production rises on capacity addition, low base last year
India’s July cement production increased, due to capacity additions by a few domestic cement manufacturers and as last year’s volumes for the month of July were low.
Cimpor shares up on Lafarge stake increase
Shares in Cimpor rose almost four percent on Thursday after Lafarge said it had increased its stake in the company to 17 per cent from 12.6 per cent, traders said.
Lafarge to invest in cement plant in Kaluga Region
Lafarge may invest about €230m in constructing a cement plant in the Kaluga Region not far from Moscow.
Cementos Argos plant in Trujillo pending nationalisation
The Venezuelan government has submitted to the Asemblea Nacional a proposal to acquire assets of the Colombian company Cementos Argos,
New cement plant planned in Balkan province
The cabinet of ministers of Turkmenistan made a decision to construct a new cement plant in the Balkan province.
ACC production rises 10.8 per cent
ACC Ltd registered 10.8% increase in cement production in July to 1.63Mt from 1.47Mt a year ago.
Lafarge increases cement shipments by 5%
Lafarge’s first half turnover improved by 4.1% to EUR8,385m, with the EBITDA rising by 14.4% to EUR1,825m and the trading profit by 19.9% to EUR1,360m.
FLSmidth wins new contract in Latin America
FLSmidth has signed an approximately US$100m contract (DKK 540m) with Cementos Argos SA for a new 5250tpd line and additional aftermarket services.
New orders for Powitec
New and important orders for Powitec, producer of NMPC optimization systems for the cement & lime industry, power plants and waste to energy plants
India seeks to import 5-10Mt of cement from Pakistan
India has agreed to accelerate cement import from Pakistan to fulfill its domestic demand, commerce secretaries of both the countries said Wednesday.
Pakistan cement sales grow 41 per cent on yearly basis
Pakistan cement sales have marked massive growth of 41 per cent YoY in July of current financial year to 2.39Mt as against 1.69Mt in the corresponding of last year.
Argument continues over cement investigation
The British Aggregates Association (BAA) and British Cement Association (BCA) are continuing to disagree over the BAA’s ongoing investigation into the UK cement market,
Kuwait Cement Q2 net profit rises 76 per cent
Kuwait Cement Co. reported a 76 per cent rise in second-quarter net profit on Wednesday.
Thailand: Baht appreciation erodes cement export growth
During 1H07, Thai cement export value in US dollar terms rose to US$279mn, up 9.4% YoY as thriving demand in Asia and Europe helped offset the slow down in the US market
China to phase out cement mixers in major cities to improve energy efficiency
China’s 127 major cities plan to ban cement mixing at construction sites in an effort to protect the environment and reduce energy consumption, the Ministry of Commerce an...
Pakistan aiming to ship cement to Middle East
The participants of a Roundtable on Cement Industry, organized by the Institute of Cost and Management Accountants of Pakistan (ICMAP), concluded that Pakistan could export
Lafarge announces intention to apply for delisting from New York Stock Exchange
Lafarge has announced its intention to apply for the voluntary delisting of its American Depositary Receipts (ADRs) from the New York Stock Exchange (NYSE).
Housing market, cement consumption expected to rebound in 2009
Burdened by the hard correction in the housing market, cement consumption has weakened in 2007, according to the most recent forecast from the Portland Cement Association (PCA).
Hanson shareholders approve HeidelbergCement’s recommended cash offer
At shareholders meetings held yesterday, the shareholders of London-based Hanson PLC approved the recommended cash offer by HeidelbergCement
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