Asia Cement China investment
Asia Cement Corp announced its board of directors has approved a proposal to invest a further US$38.18m in China, according to Chinese media reports.
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Fate of India’s Cement Makers Isn’t Set in Stone
Shares of Indian cement companies have declined amid concerns about increased government intervention in the industry.
TPI Polene sees 2007 revenues up five per cent
TPI Polene, Thailand’s third largest cement firm, said on Monday it expected its 2007 revenues to rise up to five per cent as cement demand would pick up in the second half.
Stalled Cemex bid stirs Rinker pot
Cemex is not expected to raise its US$12bn ($15.3bn) bid for Australian rival Rinker Group when the offer expires at the end of the month, even if that means walking away empty-...
Price control mechanism for cement, steel sought
The Federation of Tamil Nadu Flat and Housing Promoters’ Association has urged the Centre to put in place a price control mechanism for cement and steel.
Chinese company to set up new cement factory in Hodeidah, Yemen
A Chinese company is to start works in setting up a new cement factory in Bajal district, Hodeidah, at a total cost of $ 113m.
China exports 2.18Mt of cement in Jan ‘07
China exported 2.183Mt of cement in January this year, surging 28.6 per cent YoY, according to customs statistics.
Germany’s HeidelbergCement to raise Indian capacity
HeidelbergCement said on Sunday it will set up a 2Mta year cement plant in western India to tap rising demand in the world’s second-largest cement producing market.
Cemex provides guidance for the first quarter of 2007
Cemex announced today that it expects EBITDA for the quarter ending March 31, 2007 to be about US$830m an increase of close to 2% versus the same period last year
India Min: Govt keeping a close watch on cement prices
India’s federal government is keeping a close watch on cement prices and hopes that cement companies will "moderate" prices
Vietnam: new cement plant to open by 2009
Three companies have sunk US$126.7m into building a new cement plant that can produce 3,300tpd of clinker or 1.2Mt of cement a year in Nho Quan district, northern Ninh Binh Prov...
Holcim Indonesia swings to profit in 2006 on strong rupiah
PT Holcim Indonesia, a unit of Swiss cement maker Holcim Ltd, returned to profitability in 2006 as foreign exchange gains offset weaker operating results.
China sees 2007 cement output up about 10 per cent YoY state planner
China’s cement output in 2007 is expected to rise about 10 per cent YoY, the National Development and Reform Commission (NDRC)
SAIL, J.P. Associates to ally for cement plant
Steel Authority of India Ltd (SAIL) has firmed up plans to form a joint venture with J.P. Associates to set up a 2Mta capacity cement plant in Bhilai. SAIL
Cimpor up in spite of Portuguese drop
Cimpor improved cement shipments by 3.2% in 2006, to 20.45Mt.
Lafarge Moldovan unit net profit down 15.6% in 2006
The net profit of Moldovan cement producer Ciment, majority owned by Lafarge, fell by 15.6% last year to 43m lei ($3.4m), the company said on Wednesday.
JK Cement new greenfield plant
JK Cement is constructing a 3.5Mt greenfield plant in Karnataka. RG Bagla, Group Executive President of JK Cement adds that the government took an assurance from industry that i...
Mexico’s Cemex hit by souring US mortgage sector
Cemex has seen its share price fall four per cent this week on concerns that trouble brewing in the US housing sector could hurt future sales.
GCC to open Colorado cement plant in 2H ’07
Mexican cement maker Grupo Cementos de Chihuahua SA said Wednesday that it plans to start production at its $220m cement plant in Colorado during the second half of 2007.
China’s local governments ordered to scrap old cement factories
The National Development and Reform Commission, China’s top economic planning agency, has outlined plans for different provinces
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