Security operatives Shut Ibeto Cement again
Staff of Nigeria’s Port Harcourt, Rivers State-based Ibeto Cement Company Limited were forced out of the company’s premises by security personnel, indicating another closure of ...
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Truckload of worries for cement industry in Gujarat
The cement industry in Gujarat is trying to come to terms with the increase in freight charges following the Supreme Court ban on overloading as the prices in cement are ready t...
Adana Cimento plans investment this year
Adana Cimento, Turkey announced that it plans to undertake TRY 9.6m investment this year. In 2006, the company projects 2.2Mt of clinker and 2.6Mt of cement production. Accordin...
Maihar Cement to invest in new power plant
BK Birla-promoted Maihar Cement Ltd, a division of Century Textiles and Industries Ltd, has chalked out a plan to invest Rs 120 crore to enhance its cement production capacity o...
Cement plants can’t keep up
Utah has reportedly an abundance of limestone for mining but too little cement to keep up with construction demand. The shortage has more than doubled the price of concrete in t...
HeidelbergCement: turnover in Romania Up 22 per cent
The Romanian unit of German building materials and cement maker HeidelbergCement said on Thursday it registered a rise of more than 22 per cent in consolidated turnover to some ...
Tyre-burning to re-start?
Managers at Rugby Cement, now part of Cemex, are confident tyre-burning will start again very soon on a permanent basis. The plant has just completed its trials into the controv...
Holcim Croatia acquires quarries
The Croatian unit of Holcim Group said on Thursday it has fully acquired local gravel and sand quarry IGM Kamenolom Ocura from construction materials producer IGM Lepoglava for ...
Gujarat Ambuja group to increase capacity
The Gujarat Ambuja group is set to increase its combined annual cement production by 5Mt to 40Mt in three years. The group comprises Gujarat Ambuja Cements Ltd (GACL), Associate...
Italcementi FY sales to rise on improved H2
Italcementi SpA’s full year sales, due out today, are expected to rise because of the impact of stronger Italian operations and of international expansion, analysts said. ...
Eurocement to invest US$300m in new plant
Eurocement Group has announced an intention to build a new plant worth US$300m in the Ryazan Region. Experts presumed that the company has decided to strengthen its positions in...
Dalmia Cement to raise cash
Dalmia Cement (Bharat) Ltd plans to raise up to Rs 700 crore through the issue of securities. The money, according to a company’s communication to the stock exchange, is t...
Dyckerhoff’s revenues rise 11 per cent
German cement maker Dyckerhoff achieved an 11 per cent rise in revenues in 2005 to Euro 1.33bn, helped by eastern European and Russian sales, parent company Buzzi Unicem said on...
Spohn Cement applies for tender call exemption
Turkish cement company Akcansa announced that Spohn Cement GmbH applied to the capital markets for an tender call exemption on Akcansa shares. The statement released by Akcansa ...
Cimpor surges as placing sparks consolidation talk
Shares in Portuguese cement company Cimpor surged to a nearly five-year high on Wednesday as the sale of about 4.5 per cent of its stock sparked speculation that stakeholdings m...
UAE National Cement cash dividend
The board of directors of UAE Dubai-based National Cement Company has recommended a 50 per cent cash dividend for 2005, it was reported on February 1, 2006. The board also propo...
More commentary on the Holcim deals in India
Holcim’s investments in India will be about $1.6bn if the open offer succeeds or a little over $1bn if it fails, which is quite significant for a manufacturing, commodity ...
Vassiliko Cement to invest in new silo
Cypriot cement maker Vassiliko Cement Works will invest 6.0 mln Cyprus pounds (Euro 10.5m) in the construction of a clinker silo with a 90,000t capacity, the company said on Feb...
Cement imports into South Africa?
Local cement producers are expecting bumper profits because cheaper imports are barred from South Africa. And before complaints that cheaper imports do not have SABS accreditati...
DG Khan Cement to get low-rate loan soon
DG Khan Cement, to help trimming its financial charges, has entered into an agreement with a consortium of lenders in the country for converting its foreign currency loan into r...
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