JK Cement to double capacity, India
JK Cement is likely to invest Rs 1,200 crore in the next 3-5 years for doubling its manufacturing capacity of grey cement, which will include setting up of greenfield units in K...
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Suez Cement expanding its interests
Suez Cement Company is expanding its investments in the cement industry and its related industries as it signed a preliminary agreement to purchase 52 per cent in two ready-mix ...
Mexico Construction Association sees 5.5% sector growth in 2006
Construction activity in Mexico will likely expand at least 5.5% this year, boosted by continued demand for home construction and infrastructure, an official from the country&rs...
Anger over plans to burn waste at plant, UK
Campaigners have hit out at plans to begin burning waste at the Rugby Cement plant - all the way from London. Waste could be transported from the capital and burned at the Long ...
Taiwan’s Asia Cement mulls listing China ops in Hong Kong
Asia Cement Corp is considering to list its China operations in Hong Kong next year, the Economic Daily News quoted company chairman Douglas Hsu as saying. The company expects ...
OCI posts 54% growth in first quarter consolidated earnings, Egypt
Orascom Construction Industries announced consolidated revenue of EGP 3,286.2m with EBITDA of EGP 945m and net income of EGP 525m for the first quarter ended 31 March 2006.
Vassiliko lifts sales and profits, Cyprus
Vassiliko Cement Works (VCW) reported a strong set of first quarter results with net profit rising four per cent YoY to CYP 1.89m as sales domestically and abroad increased.
Binani to restructure demerged cement, India
Faced with BSE’s refusal to list shares of Binani Zinc, the Kolkata-based Binani group has decided to offer shares of Binani Cement Ltd (BCL) and Binani Zinc Ltd (BZL) to ...
Syria seeks to buy 1Mt of Ukrainian cement
Syria is seeking to buy 1Mt of Ukrainian cement, Syria’s Finance Minister Muhammad al-Husayn said during the Ukrainian-Syrian business forum in Damascus, Syria. He noted t...
NTT Government Eyes Semen Kupang’s Stake
The government of East Nusa Tenggara (NTT) will take over the stake of Bank Mandiri at PT Semen Kupang by injecting IDR50bn to the cement processing company.
Argentina cement production up 28 per cent YoY
Argentina’s cement production rose 28 per cent YoY in May 2006 reaching its highest level for the past six years, the Association of Portland cement makers said.
Government suspends protective tariff on cement, Liberian
The Liberian government is not leaving any stone unturned in ensuring what is appropriate for the citizens as well as the huge development initiatives ahead.
Giant Cement fined US$36,000 for Air Violations, US
The United Steelworkers (USW) today said that according to the Union’s research, Giant Cement Holding, Inc. has been fined US$36,000, the largest fine in the recent histor...
Big cement firms target UP, India
Gujarat Ambuja Cement and Grasim Industries Ltd are in the process of setting up a flyash-based cement plant each in Uttar Pradesh. Both the plants are to be set up in Dadri nea...
Gresik to get banking loan for expansion, Indonesia
PT Semen Gresik Tbk will not issue any bonds to finance the development of new facility. Instead, the company will get banking loans. The Commissioner of PT Semen Gresik Tbk Agu...
FLSmidth wins large contract in Vietnam
FLSmidth has signed a contract worth EUR 57m with Vietnam National Cement Trading Company for a 3300tpd cement clinker production line at the Hoang Thach cement plant.
Sanctions loom for Caribbean Cement Company, Jamaica
Despite accepting responsibility and apologising for releasing 500t of faulty cement into the market earlier this year, Caribbean Cement Company Limited (CCCL) is now facing the...
Saudi Qassim Cement Co Appoints Al-Amr Director General
Saudi cement producer Qassim Cement Company (QCC) has appointed Amr bin Abdullah Ibrahim al-Amr director general, effective June 3, 2006, the company said
Oleg Deripaska aims for Cement holding
Russian aluminium king Oleg Deripaska, the director of RUSAL Holding, is establishing a cement holding. The basic element company he owns is reportedly building two cement fac...
Eurocement Group Ukraine to invest
Eurocement Group Ukraine, a subsidiary of Eurocement Group (Moscow) plans to invest about UAH100m in development of its cement plants Baltsem (Balakliia, Kharkiv region) and Pus...
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