Cement industry news

18 Apr 2006 Corporate

Private equity funds eye Mysore

Private equity funds and other financial investors are believed to have shown interest in buying a large stake in Mysore Cement (MCL), the Bangalore-based SK Birla group company...

18 Apr 2006 Corporate

CIMA still in talks with Vicat

UEM World Bhd said it is reluctant to give up control of its cement business to the Vicat Group, but it is still in talks with the French cement maker. UEM World’s 54 per...

18 Apr 2006 Corporate

Gujarat Ambuja Cement reports higher Q3 net profits

Gujarat Ambuja has recorded an increase of 108 per cent in net profit at Rs 2.98 billion (US$66m) for the third quarter ended March 31, 2006, as against Rs 1.43 billion for the ...

18 Apr 2006 International

Gov’t urged to investigate cement capacity

A document obtained from the Philippine Tariff Commission showed that the industry’s reported capacity in 2004 was at a higher 528 million bags of cement but the operating capac...

13 Apr 2006 International

Iskitymcement to double capacity

Russian producer, Iskitymcement OJSC (member of RATM group) is planning to double its production capacity to 3Mta by constructing one more line.

13 Apr 2006 Recent Orders

Siemens gets Saudi order

The Siemens Industrial Solutions and Services Group (I&S) has received an order from Arabian Cement Company Ltd. (ACC, headquartered in Jeddah) to supply all the electrical equi...

13 Apr 2006 International

Cement shortage hits many southern areas

Fuelled mainly by the construction boom, cement consumption in the south of India grew at a higher rate than the all-India figure in 2005-06 compared to the previous year.

13 Apr 2006 Trading

ACC to refocus on marketing

The Associated Cement Companies Limited (ACC), has undertaken a reorganisation of its company to focus more on marketing activities, with greater focus on the customer and the e...

13 Apr 2006 Environmental

Cement industries polluting city environment

A total of 20 cement grinding plants industries established in the residential areas of the Dhaka, Bangladesh have dangerously been polluting the environment, reports BDNEWS.

13 Apr 2006 Corporate

Ultratech Cement up on price hike

Ultratech Cement on Wednesday created its all-time high at Rs 773 on additional profit hopes because of the recent price rise.

13 Apr 2006 Corporate

Limak bids for Gaziantep Cement

Limak Kurtalan has made a bid of US$93.25m for rival cement company, Gaziantep Cement, which the Turkish Savings and Deposit Insurance Fund (TMSF) put out to tender for an estim...

13 Apr 2006 Corporate

Actis to invest in Dalmia Cement

Actis, a leading private equity investor in emerging markets, announced its intention to invest US$25m in Dalmia Cement (Bharat) Ltd (DCB), a manufacturer of cement in South India.

13 Apr 2006 International

Government approves cement plant project

Vietnam’s Deputy Prime Minister Nguyen Tan Dung has recently given a nod to a project to build the Trung Son cement plant in Luong Son district of northern mountainous Hoa Binh ...

13 Apr 2006 Environmental

Arnie talks the talk

In June, Schwarzenegger had merely set targets. No one knew if he’d go further. Tom Tietz is with the California Nevada Cement Promotion Council. He said a legal limit would be ...

13 Apr 2006 International

Russia may face building materials shortage

Russia may face a shortage of building materials by 2008, including cement, prefabricated ferroconcrete structures, roofing, walls and other materials, Vladimir Yakovlev, Minist...

13 Apr 2006 Corporate

SCC’s 1Q06 expected to recover

Siam Cement (SCC) will announce their 1Q06 earning results on April 26. Earnings will improve from the previous quarter and be rather impressive, although down from the same qua...

13 Apr 2006 Corporate

SCC’s 1Q06 expected to recover

Siam Cement (SCC) will announce their 1Q06 earning results on April 26. Earnings will improve from the previous quarter and be rather impressive, although down from the same qua...

13 Apr 2006 Corporate

CMP results for 2005

Portuguese cement producer CMP - Cimentos de Maceira e Pataias SA, a Secil subsidiary, registered a net profit of Euro 9.5m for 2005, the company said in a note sent to Portugal...

13 Apr 2006 International

Saudi Arabia approves new plant

Saudi Arabia’s Ministry of Trade and Industry has approved the establishment of a 1.021 bln Saudi riyals (US$272m) cement plant, it was reported on April 13, 2005.

13 Apr 2006 Corporate

Indocement secures syndicated loan

Cement producer PT Indocement Tunggal Prakasa, 65.14 per cent owned by HeidelbergCement said it has signed a syndicated loan agreement worth US$158m to refinance partly its US$3...