Cement industry news

12 Oct 2006 Corporate

Indonesia set to expand privatisation

The Indonesian government says it will ramp up its privatisation program next year, giving investors a chance to buy shares in a

12 Oct 2006 Trading

ECC rejects cement import ban proposal

The Pakistan Economic Co-ordination Committee (ECC) of the Cabinet has rejected a proposal regarding ban on import of cement,

12 Oct 2006 Corporate

Favourable Q2 results expected

Indian Stock market analysts expect cement, automobile and banking stocks to post good results for the July-September quarter.

12 Oct 2006 Trading

Sunken vessel blocks Bangladesh port channel

At least 30 foreign and local merchant ships have been stranded at Bangladesh’s main Chittagong port after a sunken vessel had

12 Oct 2006 Environmental

Emissions to rise in short term

Greenhouse gas emissions in Canada will be allowed to grow under the Conservative environmental plan, but at a slower pace, Envir

12 Oct 2006 International

World Bank abandons concrete aims

A request that more than 500,000 earthquake damaged homes in Pakistan be rebuilt using concrete were this week withdrawn

12 Oct 2006 Environmental

Cemex to appeal against dust fine

Cemex UK is considering an appeal after it was hit with a massive fine after cement dust escaped from a silo at its Rugby production

12 Oct 2006 International

Votorantim reluctant to divest

Votorantim Cimentos, a stakeholder on CP Cimento group from Koranyi Ribeiro family, is against the negotiations to sell a 27 per cent equity in CCRG (Comp

12 Oct 2006 International

Cemex to build plant at UK’s Tilbury docks

Cemex has announced that it will invest US$49m in the construction of a grinding plant in Britain, specifically at England’s

11 Oct 2006 International

Swiss Holcim Opens €2m Concrete plant in Serbia

Holcim on Tuesday opened a €2m (US$2.5m) concrete factory in Serbia’s capital

11 Oct 2006 International

Decks cleared for JP Cement’s control of stone mines; In a major relief to JP Cement, the UP government

In a major relief to JP Cement, the UP government has agreed to abide by the Allahabad High Court’s order to give the company management and control of two stone mines

11 Oct 2006 Corporate

China’s Jidong Cement sees 9 months net profit up 50-100 per cent YoY

Tangshan Jidong Cement Co Ltd (SZA 000401) said in a statement

11 Oct 2006 Corporate

Ukranian cement production for September

In September, the Bakhchysarai-based Budindustria factory, the largest cement producer in Crimea, increased cement production

11 Oct 2006 Corporate

Yanbu Cement Q3 net profit rises

Saudi Arabia’s Yanbu Cement Co made a third-quarter net profit

11 Oct 2006 Environmental

Melón submits US$30mn project to Conama

Chile’s Cemento Melón, controlled by French company Lafarge, has submitted for national environment commission

11 Oct 2006 Corporate

Shree Cement, is the first cement player to report its results for the September 2006 quarter

Shree Cement, is the first cement player to report its results for the September 2006 quarter, posting an impressive performance, thanks to higher sales volumes and improved pri...

11 Oct 2006 Trading

ECC to restore exemptions on Central Excise Duty

The Economic Coordination Committee (ECC) of the Cabinet on the recommendation of the Ministry of Industries, Production & Special Initiatives decided to restore Pakistan’s exem...

11 Oct 2006 International

Holcim Indonesia looks for Strategic Investors

PT Holcim Indonesia Tbk is looking for strategic investors to buy its stake at PT Wahana Transtama

11 Oct 2006 Corporate

Indonesia’s Bank Mandiri mulls selling Semen Kupang stake

PT Bank Mandiri is studying options for speeding up the recovery of its soured loans to PT Semen Kupang

11 Oct 2006 Trading

Cement policy implementation takes effect next December

The implementation of the policy on 100 per cent local production of cement in Nigeria will now take effect from December 2007, the Minister for Industry, Fidelis Tapgun, has said.