Building costs rise by 10-15 pct in the UAE
Building and construction contractors have increased their quotations for contracts by 10 to 15 per cent in view of the increase in the prices of building materials. Cement pric...
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Italcementi Bulgaria launches new products
Italcementi Group Bulgaria launched six new groups of dry building mixtures of the Maestro brand on the Bulgarian market. The Maestro dry building mixture brand was developed in...
India Cements sale speculation
Market rumours that cement major Grasim Industries is eyeing a stake in Chennai-based India Cements, taking its stock up to a 52-week high of Rs 210.70 on Tuesday. India Cements...
Russia’s antitrust warns Eurocement against hiking prices
Russia’s Federal Antimonopoly Service (FAS) has again warned Russian cement producer Eurocement Group against increasing cement prices further, the FAS said Tuesday. Dir...
Romania’s Carpatcement optimistic
Romania’s Carpatcement Holding, an unit of German cement products company HeidelbergCement AG, Monday said it forecasts revenues up 10 per cent in 2006 based on a development of...
Cemex 1Q Results Seen Benefiting From RMC
Cemex is expected to post solid earnings growth in the first quarter, helped by last year’s acquisition of the RMC Group and a late Easter holiday, analysts said. Cemex,...
Holcim Maroc sees more growth
The Moroccan subsidiary of Swiss cement company Holcim on Tuesday forecast cement sales growth of around five per cent this year as it steps up output to cater to growth in hous...
Lafarge to invest in Ciment Rezina
Lafarge said on Thursday it plans to invest Euro 30m to 40m in the next four years in the development of its Moldovan unit, cement producer Ciment Rezina. Lafarge director for M...
Russia’s Eurocement to invest more
Eurocement Group plans in 2006-2007 to invest more than 670 million rubles in two cement-producing plants located in Russia’s Belgorod Region, Eurocement Group said in a p...
ACC prepares for expansion
Associated Cement Companies (ACC) India, plans to invest about Rs400 crore to expand capacity at its facility in Lakheri in Rajasthan by 1Mta. The company also plans to set up a...
Samart Corp to build new power plant
Samart Corp Plc, has clinched a deal to build a power plant in Cambodia, which will supply electricity to a cement factory being constructed by Siam Cement Industry Ltd. The val...
Trade mark costs - but who pays?
The independent shareholders of PT Holcim Indonesia Tbk agree that the cement company has to pay 0.7 per cent of the total sales for utilising the trademark of Holcim. They appr...
Italcementi to invest more in Morocco
Italian cement maker Italcementi SpA is planning to invest EUR150m to build a new cement plant in Morocco, where the company already operates, reports Il Corriere della Sera in ...
Decision to import duty free cement
The Pakistan Punjab Economic Forum (PEF) has appreciated the government decision to allow duty-free import of cement and termed it a big relief to the construction industry, whi...
Polpaico announces BoD Members
Chilean cement producer Cementos Polpaico, a subsidiary of Swiss group Holcim, announced on April 13, 2006, the members of its board of directors (BoD). Polpaico’s BoD co...
Indonesia’s March cement consumption down
Indonesia’s domestic cement consumption fell 5.3 per cent last month to 2.51Mt, according to data from the country’s largest cement maker, PT Semen Gresik. State-ru...
Padang notes rise in cement production
Indonesian producer PT Semen Padang in West Sumatra recorded a 6.4 per cent year-on-year increase in production to 1.26Mt in the first quarter of this year. The production was...
Ukraine cement production increases
In March, national cement production rose by 16.7 per cent compared with March 2005, to 798,000t, the State Statistics Committee has disclosed. In March, cement production rose...
Devcon’s materials division down
US Devcon’s materials division reported an operating loss of US$6.9m for 2005 versus a loss of US$3.6m in 2004. During 2005, we recorded a US$2.8m impairment charge with respec...
Siam City Cement says Q1 revenue hit by political fallout
Siam City Cement Plc, the country’s second largest cement maker, has conceded its revenue in the first quarter of this year has already been hit hard by political turmoil ...
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