Semen Padang to cut exports
PT Semen Padang in West Sumatra province said it will this year reduce its exports to 14 per cent of the projected production of 5.3Mt to meet rising demand in Aceh. President D...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
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New cement plant for Indonesia
The chief of Investment Coordinating Board (BKPM) M Lutfie said the government has issued a permit for setting up a new cement plant, PT Semen Jawa, with the value of investment...
Taiwan Cement has more plans for mainland China
Taiwan Cement is stepping up its investments across the Taiwan Straits, aiming to become the third-largest cement maker in mainland China by 2008. Up until now, the company&rsqu...
Eurocement fails to elect new board or did it?
The extraordinary general meeting (EGM) of shareholders of Russian cement producer Eurocement failed to elect a new board of directors Monday, Eurocement said. However, an offic...
CTP Team New orders
CTP Team has recently secured an order from ARABIAN CEMENT Company, Ltd., Saudi Arabia, one of the largest cement producers in the Gulf area.
Metro Manila prices of construction materials fall
Prices of construction materials in Metro Manila dropped towards the end of last year, due to a decline in private building activities during the last quarter of 2005, the Natio...
Aveng expects earnings jump
Aveng, South Africa’s largest construction company, is expecting to report a 40% to 60 per cent jump in headline earnings a share next month for the six months ended December, c...
Gloomy mood for Thailand
Political tensions in Thailand last week derailed a rally in which shares rose as much in January as they did during 2005. Analysts have said that the market is unlikely to get ...
Florida Rock Industries wins naval contract
The US Navy has awarded a US$133,650 contract to Florida Rock Industries, Jacksonville, for concrete. The contract was awarded by the Naval Supply Systems Command, Fleet & Indus...
Ash Grove cements deal to increase regional supply
Ash Grove Cement has acquired a new import terminal facility from Goldendale Aluminum in Portland — a move, Ash Grove said, that will allow the company to increase its annual su...
Holcim signs agreement in Bangladesh
Holcim, one of the leading cement manufacturers in Bangladesh has recently signed an agreement with Defoin for supplying cement to build an industrial project at Savar, Dhaka. Z...
HeidelbergCement downgraded to ’sell’
Shares in HeidelbergCement AG have been downgraded to ’sell’ from ’reduce’ at Dresdner Kleinwort Wasserstein following a strong share price performance, ...
Lafarge bids for remainder of Lafarge North America
Lafarge said it is launching an offer for the 46.8 per cent of shares held by minority shareholders in its Lafarge North America unit.
Tonasa to build new production unit
Indonesian cement producer PT Semen Tonasa plans to build a new production unit with a production capacity of 2.5Mta to cost up to Rp3 trillion (US$319.1m).
What drives Holcim’s strategy?
"I think everybody is very positive about India. There’s substantial further growth expected in the coming years," said Mr Markus Akermann, chief executive officer of Holc...
Rates still being held down
Is it the start of a new merger wave? Many things tend to prove that our dry bulk markets have already entered into an M&A cycle. This state of facts is even reinforced by the d...
Chettinad Cement board to consider amalgamation proposal
Chettinad Cement Corporation Ltd., has informed the Mumbai stock exchange that a meeting of the board of directors of the company will be held on February 9, 2006, to consider t...
OCL profits climb higher
The OCL India Ltd, engaged in production and marketing of cement and sponge iron has recorded an increase of 17 per cent in its turnover at Rs 461.78 crore and a net profit of R...
Cement records growth in January
In January, the Vietnamese Hoang Thach Cement Company produced 180,000t of cement. It also produced an average of over 6500t of clinker per day during the Tet holidays, thus hel...
Investment cements plant’s future in Laramie
Mountain Cement’s Kiln No. 1 makes cement at a prodigious 576t per day. The larger by Kiln No. 2 fires its way to 1345t of cement every day. However, both kilns are being elimin...
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