Colombia’s Argos to build $275m plant
Cementos Argos , Colombia’s top cement maker, will try to boost exports by building a US$275m cement plant in Caribbean port city Cartagena, the company said on Wednesday....
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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BCC returns to profitability
Benue Cement Company (BCC) has returned to profitability as a result of the major restructuring efforts undertaken by the new core investor which bought the Federal Government&r...
Mysore Cements allots shares to Heidelberg
S K Birla group company, Mysore Cements Ltd, today said it has restructured its board and has allotted 6.65 crore additional fully paid-up equity shares to Cementrum IBV, a subs...
Essroc wins enviro award
It took seven years for Essroc Italcementi Group to propose and then build a conveyor belt at its Nazareth-area plants, but it took less than a year for the project to earn ind...
Vietnam produces 18.8Mt of cement
The nation’s cement industry produced 18.8Mt of cement in the first seven months of the year, said the Ministry of Construction. Domestic cement makers have a combined an...
Check the packing
When buying cement, consumers must check the bags first to ascertain that they bear markings specified by government regulators, the Cement Manufacturers’ Association of t...
Javedan Cement sale agreement signed
The Pakistan Privatisation Commission on Wednesday signed a share purchase agreement (SPA) with Haji Ghani Usman & Group for transfer of Javedan Cement Limited (JCL) management ...
Monarch Cement - nine year high
CashFlowNews.com reports that EBITDA for The Monarch Cement Company for its twelve months ended June 30, 2006 was $30,361,979, a 106 per cent increase over the year earlier same...
Semen Gresik July cement sales down marginally
PT Semen Gresik sold 1.43Mt of cement in July, down from 1.49Mt in June and 1.48Mt in the year ago month, data from the Indonesian Cement Association (ASI) showed. In the first ...
HeidelbergCement set to take majority stake
HeidelbergCement is planning to take a majority stake in its equal joint venture with India’s IndoRama Cement, the Economic Times reported Thursday, quoting HeidelbergCeme...
Holcim signs agreement to sell its majority stake in Holcim South Africa
Since political transformation in 1994, the government of South Africa has introduced legislation and supported industry self-regulation aimed at ensuring an equivalent economic...
Vinaconex Corp to sell shares
State-owned Vietnam Construction Import-Export Corp., or Vinaconex, will offer shares in the company worth VND650 billion ($40.6 million) via auctions next month, a Vinaconex of...
Consumer Affairs Commission dissatisfied
The Consumer Affairs Commission is reporting that it is dissatisfied with the pace at which claims for compensation for bad cement are being settled. Executive Director of the a...
JK Cement, Dalmia talk venture?
After the recent consolidation, still more to come! This time, the middle-rung companies are now looking at setting up joint ventures.
Mexico Cemex projects its own wind station
Mexico’s cement maker Cemex is to utilise wind poower of the Istmo de Tehuantepec to install a wind mega-station in Juchitan de Zaragoza, Oaxaca, which will have a generation ca...
UAE cement sector sees profits tumble
Amana Capital Financial reported that the profits of local UAE cement companies plunged 52 percent to US$118.6m during the first half of this year, up from US$247.3m for the sam...
Plan to clamp down on cement prices?
Changes in India’s cement prices never made big headlines, not until the first week of April when it touched an all-time high of Rs 240 in Mumbai-India’s largest cement ma...
New assets help Anhui Conch net jump
Anhui Conch Cement, China’s biggest cement producer, said first-half net profit soared 457 per cent over the same period the previous year thanks to newly acquired assets ...
Ad Bri says future is positive
Australian cement and lime producer Adelaide Brighton Ltd remains positive about the future despite facing maintenance cost increases and mixed market conditions in the first ha...
Ukraine Cement output up 8.8 per cent
Ukraine’s cement output rose by 8.8 per cent YoY to 7.223Mt in the first seven months of 2006, the State Statistics Committee said on August 16, 2006. In July alone, cemen...
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