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Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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VP backs state firms to take Cemex
Vice President Jusuf Kalla has expressed confidence that the country’s state-owned enterprises are financially capable of purchasing Mexican cement giant Cemex SA’s ...
Pakistan cement firms cut output
With declining trend in cement prices being witnessed for the last few weeks, some cement firms have reduced their production by over 30 per cent during the last one month. The ...
Cement terminal draws scrutiny
A no-bid contract to build the first cement terminal at the Port of Miami-Dade has raised objections from at least one competitor and is being scrutinized by the county’s ...
Iran rejects imported cement
Iran last year sent back five shipments of imported cement, which involved 30 to 35 per cent of the whole imported volume in 2005. Iran’s Standard Organization Non-Metal R...
Five new cement plants to become operational
Five new cement plants with a total capacity of about 3.75Mt will become operational in the current year (Iranian year ends March 20), an official at the Ministry of Industries ...
Cement sector set to grow steadily
China’s cement industry will likely see a steady recovery following a consolidation that will close smaller inefficient firms while a booming economy will spur domestic demand, ...
Close watch on cement imports
Having extended the duty-free importation of cement from three months to a year, Jamaica’s Prime Minister Portia Simpson Miller has quickly sounded a warning against price gougi...
Proposal for largest brownfield scheme
A proposal for the largest brownfield scheme in Northern Ireland was submitted this week. The application for a 153ha scheme in Magheramorne, near Larne, was announced by Lafarg...
Indonesia’s Semen Gresik four month cement sales
PT Semen Gresik said its four months to April cement sales reached 4.73Mt, up 1.4 per cent year-on-year, with a heavy fall in exports offsetting gains in local sales. It said ...
Akcansa to invest US$135m in capacity increase
Turkish cement producer Akcansa will invest US$135m to raise the capacity of its cement plant in Canakkale, western Turkey, company general director Mehmet Gocmen said on May 19...
Lafarge improving in Malaysia
Lafarge Malayan Cement Bhd, which swung into the black in the first quarter of the year, expects to continue as the local market leader this year, riding on improved operational...
Cement production to start in Laos
The production of cement at the Saravane cement factory, Laos, will start at the end of this year, according to a local source. The construction of the factory has so far been ...
Cement prices up due to demand, not cartel
The Indian cement industry is in the midst of an unwanted controversy. With the prices rising, Commerce Minister Kamal Nath had accused the industry of forming a cartel. Nath as...
UAE National Cement – profits down
The net profit of UAE Dubai-based National Cement Company PSC declined to 55.7 mln UAE dirhams (US$15.2m) in the first quarter of 2006 from 66.2 mln dirhams (US$18m) a year ago,...
Indocement upgrading plant capacity
PT Indocement Tunggal Prakarsa said it hopes to increase its annual production capacity to 16Mt after the completion of its revamping program. The company is upgrading one of...
Vested interests could win in Cemex sale
An acute lack of leadership on the part of President Susilo Bambang Yudhohoyono’s government to act decisively on unpopular, yet good, measures, is an apt way to describe ...
FLSmidth Q1 earnings beat expectations, Denmark
FLSmidth & Co AS raised its sales and earnings guidance for the full-year 2006 after posting a first quarter pretax profit of DKr115m up from DKr50m the year before and above th...
Grounded cement carrier refloated, US
The grounded Norwegian-flagged cement carrier Spar Orion was refloated early Thursday after running aground off the coast of Florida the previous day, a US Coast Guard official ...
Indocement mulls price cuts, Indonesia
Indonesia’s second largest cement maker, PT Indocement Tunggal Prakarsa, is considering the possibility of price cuts in order to regain market share, particularly in the ...
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