Cement industry news

10 Apr 2006 Corporate

James Hardie in dispute

James Hardie Industries will pursue discussions with the competition regulator to try to resolve a dispute over the supply

10 Apr 2006 Corporate

Cemex declines comment on Gresik sellback

Cemex has declined to comment on a report that it is offering to sell its 25.53 per cent stake in Indonesia’s largest cement maker PT S

10 Apr 2006 Corporate

Italcementi to invest further in the US

Italcementi has committed to investing US$320m into the development of its plant at Martinsburg in the US state of West Virginia

10 Apr 2006 International

Lafarge to step back from big acquisitions

Bruno Lafont, the new chief executive of French cement maker Lafarge SA, has indicated that the group is stepping back fro

07 Apr 2006 Trading

Venezuela to sign cement supply contract

The Venezuelan housing ministry plans to sign a supply contract with Mexican Cementos Mexicanos (Cemex), the head of the

07 Apr 2006 International

Solon opposes incentives for new cement makers

Joey Sarte Salceda, chairman of the House committee on appropriations, Philippines, has questioned the timing and motive of a government proposal to grant incentives to new ceme...

07 Apr 2006 International

Russia’s Eurocement to build new cement plant in Voronezh

Russia’s Eurocement Group plans to build a 1Mta cement plant in the city of Voronezh, Mikhail Skorokhod, the company’s president, said Thursday.

07 Apr 2006 Corporate

Cemex’s debt improves

The credit ratings of Mexican cement giant Cemex SA (CX) were lifted further into investment-grade territory Thursday

07 Apr 2006 Corporate

Holcim may raise GACL stake

Holcim, which has made an open offer for an additional 20% of the equity of Gujarat Ambuja Cements Ltd (GACL) after picking up 14.8% of the promoters’ stake, is likely to ...

07 Apr 2006 Trading

Jordan Cement under scrutiny

Government inspection patrols have now been intensified with regard to cement, after the market suffered a shortage of this comm

07 Apr 2006 International

New cement plants expected soon

Indonesia will build a number of new cement plants soon to meet rising demand for the commodity in 2009/2010, an executive said. Demand for cement would be on the increase in li...

07 Apr 2006 Trading

India Cements plans price hike

India Cements, one of the largest producers of cement in South India, is planning to raise prices once again. Industry sources s

07 Apr 2006 International

Govt to monitor cement shortage

Trade Minister, Ken Valley, making the statement yesterday at the weekly post-Cabinet briefing said: "The background to this decision is that for some time the industry has been...

07 Apr 2006 International

Cement sector to show 10 per cent gain

The Indian cement industry is upbeat about its results this fiscal following its financial performance in the first three quarters ended December 31, 2005. Industry sales rose 9...

06 Apr 2006 Corporate

Dubai firms announce $19bn Morocco projects

Dubai-based developers, Emaar Properties and Dubai International Properties DIP), yesterday announced projects worth US$18.9 billion in Morocco, part of a commitment exceeding U...

06 Apr 2006 International

EuroCement Group to invest more in Katav

EuroCement will invest over 70m RUR into its Katav Cement Works in 2006. This should allow the works to increase their output up to 1.25Mt in 2006 and 1.4Mt in 2007, the spokesp...

06 Apr 2006 International

Moving forward on Pueblo plant

GCC of America is going forward with a cement plant, executives said Wednesday during a visit to Pueblo. They said negotiations over electricity rates continue, but will not blo...

06 Apr 2006 Trading

Pakistan halts cement exports

Pakistani cement makers have stopped exports amid strong domestic demand and rising local prices, industry officials and the government said on Wednesday. Pakistan has seen a sh...

06 Apr 2006 Corporate

Ciments Francais increases stake in Bursa Cimento

Bursa Cimento, a Turkish cement company, said that Ciments Francais purchased a total of 317,053 units of company shares at the price of TRY 22.66 per share between Mar 31 and A...

06 Apr 2006 Recent Orders

Eurocement Group signs strategic partnership deal

Eurocement Group and the Segezh Pulp & Paper Mill have signed an agreement on strategic partnership until December 31, 2016. The agreement envisages meeting in full the cement c...