Emami to foray into cement
Paper maker Emami group plans to enter the cement business and expand in real estate.
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Building merchants marking up cement price – PPC
Some building merchants have been placing huge mark-ups on the price of bagged cement, with one merchant in the Free State marking up the product by 50.94 per cent,
County OKs rezoning for cement plant
Houston County approved the rezoning of 1,976.67 acres near Hayneville for a $200m cement plant and quarry.
Belarus’ Economy Ministry sets single cement price for all retailers
Belarus’ Economy Ministry has signed resolution #112 to set a single cement price for all retailers, the press service of the ministry said in a press release.
Rising cement prices, soaring construction costs, Rwanda
Increases in the domestic price of cement appear imminent and will raise the cost of major construction projects in the country.
Lafarge may face legal action on Russia merger plan
A German fund firm is considering legal action against Lafarge over the French cement company’s plans for an $800m merger of two Russian subsidiaries.
Vietnam stops licencing new cement projects
The Prime Minister has asked the Ministry of Construction to examine the implementation of licenced cement projects and halt licencing new cement plants.
Lafarge to invest EUR20m in Romanian Aggregates Unit 2007
Lafarge plans to invest EUR20m (US$27m) in 2007 to develop its Romanian limestone quarry and aggregates producer Lafarge Agregate Betoane, the group said on June 7, 2007.
Xinjiang’s cement exports rise
Xinjiang Hui Autonomous Region exported 2,308t of cement through Baketu Port in May 2007 as of May 23rd, totaling US$ 141,000, up 21 and 12.2 times year-on-year respectively
Turkey’s Oyak Cement registers $60.4m net profit in 1Q07
Turkey’s Oyak Cement Group said it registered a net profit of TRY79.7m (US$60.4m) in the first quarter of 2007.
Cimpor buys stakes in Cimentacor, Betao Liz, Sells Cimentos Madeira
Cimpor announced on June 6, 2007 that it had completed the acquisition of local construction material plants Cimentacor - Cimentos dos Acores and Betao Liz from its peer Secil f...
Cemex declares US$14bn offer for Australia’s Rinker unconditional
Cemex SA has declared its US$14bn offer for Rinker Group Ltd unconditional after gaining acceptances for more than 50 per cent of the Australian construction materials group’s i...
Lafarge building plan submitted, UK
Plans to build a new plant building at Lafarge’s Westbury Cement Works have been submitted.
Monsoon unlikely to impact cement prices
Amid a nationwide construction boom, cement makers in India are bullish that they won’t see any major impact during the monsoon, the traditional slow period for the sector.
Holcim delays cement ship decision, New Zealand
Holcim has delayed a decision on replacing one of two bulk carrier vessels, until it decides how to meet growth in cement demand.
Pakistan cement export to Afghanistan
Cement industry of Pakistan is in the process of increasing its production capacity from 17.91Mta in 2005 to 48.88Mta by 2011.
Raysut Cement 1Q07 net profit soars, Oman
Oman’s Raysut Cement Co booked a 43.8 per cent YoY rise in net profit to OMR7.32m (US$19m) for the first quarter of 2007, driven by improvements in production and marketing.
Philippine govt reviews move to lift tariff on imported cement
The Philippine Tariff Commission will weigh a government proposal to temporarily lift tariffs on imported cement to ease local prices of the commodity.
Circle cement scales up limestone investment
Zimbabwe’s Circle Cement Limited is scaling up its investment at its Mbubu limestone quarry about 200km east of Harare to improve cement quality and expand its base for limeston...
Chile’s Cementos Lafarge to open plant by year-end
The Chilean unit of Lafarge is investing US$27m in the construction of a new plant in southern city Puerto Montt in region X, according to local press.
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