Cement in Cordillera, Ilocos overpriced
A bag of cement sold in Bagio City, Philippines, and in some provinces in the Cordillera and the Ilocos reach consumers at a 100 per cent price mark up by retailers, an investig...
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Ministry blocks cement price increase
The UAE Ministry of Economy has overturned a decision by cement factories to increase prices by Dh10 per tonne from June 1. "The ministry has moved swiftly to overturn the recen...
German-Saudi group sets up cement firm
A German-Saudi consortium will build a 3mta cement plant at a total cost of 1.1bn riyals ($293.3m), of which 30 per cent will be floated, Saudi Arabian newspapers reported yeste...
OCL to invest to increase capacity
On the back of robust demand, Orissa-based OCL India Ltd is planning to double its cement production capacity for which it has chalked out a Rs 700 crore investment programme. "...
Cement factories to stabilise local market price
Cement producers on the Dominican Republic today will try to reach an agreement with Industry and Commerce authorities, in pursuit of establishing a “price of equilibrium” in or...
JK Lakshmi Cement net profit up
JK Lakshmi Cement today reported a 113 per cent growth in its net profit at Rs 55 crore for the fiscal 2005-06, as against Rs 26 crore in the year-ago period. The company’...
Three firms seek tender for cement mill
Three companies are locked in a battle to secure the tender for construction of a new mill at East African Portland Cement. The Government cancelled an earlier tendering process...
Duty-free import of cement to continue
The Pakistan government on Monday decided to continue with the policy of duty-free and subsidised cement imports in view of ‘failure of cement manufacturers to honour their comm...
C&CA calls for cement ceiling price revision
The Cement & Concrete Association of Malaysia (C&CA) wants the government to review the ceiling prices for cement following the approval of the electricity tariff hike which cou...
Alborz cement plant – progress report
According to “Tehran Times”, the first unit of Semnan’s Alborz Cement Plant will come on stream by March 2007. The project, which is said to have cost more than 135 billion rial...
Lucky Cement’s new plant begins production
Lucky Cement Limited has announced that its new plant with a capacity to produce 4000 tonnes of cement per day located on Super Highway at Karachi has begun production. Accordi...
Madras Cements plans expansion
Madras Cements Ltd said on Monday its board approved setting up a new 2Mta cement plant at a cost of 6.13 billion rupees. The new plant is to be located in Tamil Nadu. The com...
Qatar National Cement to raise output capacity
Qatar National Cement Company will increase its production capacity by 3000tpd by end of June to meet rising local demand, company officials were reported as saying here yesterd...
Cement Co To Be Established in Riyadh
Dana Cement, a new cement company with a capital of 1.1 bln Saudi riyals (US$293m), will start operations in Saudi Arabia, local media reported on May 28, 2006. The company wil...
Titan Cement considers bid for Uniland
Titan Cement said it is considering submitting a bid for the acquisition of a 73.7 per cent stake in Spanish cement-maker Uniland worth about Euo 1.5bn. "The estimated price is ...
Cimpor buys into Firmes y Hormigones
Cimpor SGPS said Monday it has acquired 40 per cewnt of Spain’s Firmes y Hormigones SANI for Euro 4.19m. Cimpor also said it had arranged an option to buy, under the same ...
Energy costs impact on Siam Cement
High fuel costs and a slow down in the economy will affect Siam Cement’s performance this year, a report in Krungthep Turakij said. Although demand for cement rose three p...
Cemex urged to review its rejection
Even though Cemex Asia Holdings Ltd has rejected all options offered by Indonesian government, the Minister of State Owned Enterprises urged the company to evaluate the rejectio...
Adelaide Brighton expects rise in full year proft
Adelaide Brighton Ltd has forecast earnings to rise to between A$92 million and A$96 million this financial year. Adelaide Brighton managing director Mark Chellew said the comp...
Taiheiyo Cement upgrades to EMS ISO 14001:2004, Philippines
Taiheiyo Cement Philippines Inc (TCPI) has earned the distinction as the first cement plant in Cebu to implement an Environmental Management System (EMS) that has been upgraded ...
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