ABG to build cement carrier for compatriot owner
ABG Shipyard, India’s largest private shipbuilder, has won an order to build a cement carrier for compatriot owner Gujarat Ambuja Cements (GACL).
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Ex-president of Taiheiyo Cement Corp dies at 78
Ken Moroi, former president of Taiheiyo Cement Corp. and a former vice chairman of a major business lobby, died from lymph tumor on Dec. 29, sources close to the businessman said.
FLSmidth is negotiating to sell marine and turbo gear business in Switzerland
MAAG Gear AG, FLSmidth’s Swiss-based subsidiary, will in future focus on gears for the cement and minerals industries.
No shortage of cement, say South African producers
With building expected to start on Cape Town’s 2010 World Cup stadium by the end of the month, cement suppliers are confident there will be enough material to meet increas...
Demand for cement to grow by 9.5 per cent in five years, India
It is being anticipated by trade circles that demand for cement in India would grow at a 5-year cumulative annual growth rate of 9.5 per cent
Belgium’s GBL raises Lafarge stake slightly
Groupe Bruxelles Lambert , the Belgian holding company controlled by the families of Albert Frere and Paul Desmarais, said on Wednesday it had slightly increased its stake in La...
Old zoning may allow new cement works
Zoning rules dating back more than 25 years may allow Holcim New Zealand to renew its decades-old plan for a cement works near Oamaru.
Malabar Cements registers record profit in first eight months
The State public sector Malabar Cements Limited (MCL) at Walayar here has registered a record profit of
Tough year ahead for construction firms despite railway bidding
This year will be a tough one for construction firms, despite the government’s announcement that it will soon open bidding for contracts to build three railway lines total...
CRH expects to increase pre-tax profit by over 23% in 2006
CRH has put in another strong performance in the year just ended, the pre-tax profit rising by some 23.5% to approximately EUR1580m.
Vinaconex cement grinding facility comes online
State-run construction biggie, Vinaconex, has commissioned a cement grinding facility in Ba Ria-Vung Tau to help meet market demand in Southern Vietnam.
India’s ACC Dec cement shipments up 3.1 per cent YoY
ACC Ltd, India’s second-biggest cement producer, said on Wednesday its December shipments rose 3.1 per cent to 1.65Mt from 1.60Mta a year ago.
South Africa imports seen as ‘temporary measure’
With building expected to start on Cape Town’s 2010 World Cup stadium by the end of the month, cement suppliers are confident there will be enough material to meet increased con...
Cimpor Sells 26% Stake In S Africa Cement Co In BEE Deal
Natal Portland Cement - a wholly owned subsidiary of Cimpor said late Friday it has agreed to sell a 26% stake in the unit via a Black Economic Empowerment transaction.
Housing developers seek govt intervention on cement price hike
The Sabah Housing and Real Estate Developers Association (Shareda) today expressed its concern over the hike in cement price announced recently and feels that the state governme...
Kuznetsk cement plant investment
’Caspian Resources’ of Kazakhstan, which acquired 100% of the shares of Kuznetsk Cement Plant (Kemerovo region) will invest RUR200m in the plant development in 2007
Pakistan freight subsidy on cement import explained
The Pakistan government will continue to provide freight subsidy on the import of cement of those importers whose letters of credit (LCs) were opened before the government decis...
Ultratech Cement to increase capacity
AV Birla group`s Ultratech Cement, a manufacturer of cement, said that it may go for expansion to retain its market share in the domestic cement market,
Wärtsilä power plant for Riyadh Cement Company inaugurated
On 21 December 2006, the first phase of the Wärtsilä power plant in Riyadh Cement Company, located 75km southwest of Riyadh, was inaugurated by Dr. Nasser F. Akeel
Siam Cement to use energy efficient power generators
Siam Cement Plc (SCC), the country’s largest industrial conglomerate, plans to spend THB1.96bn on power generators to help reduce energy costs, the Bangkok Post reports.
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