UAE quashes move by local firms to raise cement prices
The United Arab Emirates (UAE)’s Ministry of Economy has overturned a decision by cement factories to increase cement prices by Dhs 10 (US$2.70) per tonne from June 1. In ...
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Rugby to trial household waste fuel
Rugby Cement in the UK wants to trial a fuel made from household rubbish which is hoped will cut greenhouse gas emissions by up to 10 per cent. Cemex hopes to burn Climafuel, wh...
Approval for Argos purchase of Andino
Colombia’s business and industry regulator has approved cement company Argos’ offer to acquire all assets and liabilities of firms Cementos Andino and Concrecem, Arg...
Cement export to Afghanistan in full swing
Cement exports to Afghanistan from Pakistan is in full swing despite withdrawal of concessions by the government as figures climbed to 150,000t in May. The government had allow...
Cement to arrive by June
Some 70,000 tonnes of cement are expected to arrive in the island of Jamaica by June for distribution by six private sector companies, in an effort to relieve the slump in the c...
Vassiliko Cement profits rise
Vassiliko Cement Works posted a strong set of 1Q06 results with Net Profit reaching CYP 1.89m (+4.0% YoY), slightly above our estimate of CYP 1.99m. The main drivers of profitab...
Binani Industries to sell cement stake
India’s second largest zinc producer Binani Industries Ltd. plans to divest a 10 percent stake in subsidiary Binani Cement Ltd to fund the latter’s ongoing expansion...
JCFC signs 12-year agreement for gas supplies
The Jordan Cement Factories Company (JCFC) signed on Wednesday a 12-year gas conveyance contract with the Jordanian-Egyptian Fajr Company. Under the contract, the Jordanian-Egyp...
Tarmac America Acquires Miami Valley Concrete
Tarmac America reported today the acquisition of another independent ready mix concrete producer located on the west coast of Florida. Miami Valley Concrete represents Tarmac&rs...
Titan America denies vendor claim
Titan America LLC, a subsidiary of Titan Cement Greece, refuted today the claims that a multi-year agreement had been made between Titan America and Emergency Vehicle Installati...
Protest at Lafarge India plant
The Indian Congress party Thursday threatened to stop transportation of cement from leading companies in Chhattisgarh to other states if their prices were not rolled back immedi...
PM asks for price rise halt
Vietnam’s Prime Minister, Phan Van Khai has just asked relevant ministries and government agencies not to increase the prices of principal commodities in the national economy in...
Cement sales remain in higher in May
Indian cement sales continued to remain strong in May, driven by strong pre-monsoon demand, as high prices in some parts of the country failed to deter buyers. While Aditya Bir...
Asia Cement may boost capacity
Asia Cement Corp is considering boosting its capacity to take advantage of strong construction growth in China, the Economic Daily News reported. Company president KY Lee told ...
Semen Padang able to secure IDR1 Trillion loan
PT Semen Padang is able to get the loan of more than IDR1 trillion (US$107m) to finance the development of new facility as the financial condition of the cement company is impr...
Ash Grove opts for Pavilion solution
Pavilion Technologies announced that Ash Grove Cement Co. will deploy Pavilion’s cement control solution on a single dry kiln at its Durkee, Oregon, in the USA.
French Vicat to raise capital via bonus issue
Vicat plans to increase its capital by Euro 124.7m to Euro 187.1m through a bonus issue financed from its reserve funds, it was reported on May 31, 2006. The decision is subject...
Indian cement prices down marginally
The sharp rising trend in cement prices in the last few months seems to have been arrested with prices stabilising over the past two weeks and in some cases coming down by Rs 5-...
Russia’s RATM group to invest $20m in Angarskcement
Russia’s Novosibirsk-based RATM group plans to invest US$20m in the modernisation of the Angarskcement cement plant in the Irkutsk Region, General Director of Angarskcemen...
Titan Cement plant accident
Two workers were killed and four others were injured in an accident at the Titan Cement plant in Elefsina. The accident occurred on the plant’s shipping dock, during main...
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