Venezuela plans new state-owned cement plant
Venezuela’s new state cement manufacturer, a joint venture with Iran, will start production within 18 months with an annual capacity of 1Mta aimed at the domestic market, ...
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Siam Cement sees 2006 revenues rising
Thailand’s biggest industrial conglomerate, Siam Cement , said on Wednesday it expected revenues to rise 5 to 10 per cent this year, led by its petrochemical and cement bu...
Higher prices encourages investment in Kazakhstan
Cement prices in Kazakhstan have been improving strongly in response to strong demand, though price levels show considerable regional variations in a country with a difficult ge...
Quarry growth bad for Niagara escarpment
Milton Quarry, operated by Dufferin Aggregates, part of St. Lawrence Cement, the largest active quarry in Canada at 468 hectares is causing local environmentalists some concern....
Lilama Wins contract to India
The Vietnam Machinery Installation Corporation (Lilama) has signed a contract worth nearly $40m to manufacture and supply steam boilers for India’s Barh STPP, state media ...
Belgorod Cement produces 1.98Mt of cement in 2005
Belgorod Cement ZAO produced 1.98Mt of cement in 2005, up 16.3 per cent vs. 2004 Output of packed cement rose by 19 per cent to 225,000t. In 2006 production of cement is forecas...
China industrial profitability: from rapid to steady growth
The National Development and Reform Commission (NDRC) predicted on January 24 that the profits of China’ s industrial enterprises are estimated to grow about 20 percent in 2005, a
India’s ACC Q3 net profit quadruples
Associated Cement Companies Ltd, India’s second-biggest cement maker, said on Tuesday its quarterly net profit nearly quadrupled, including a one-time gain, on surging pri...
Iraqis feel pinch of free-market reforms
Since 2003, the United States has been pushing for rapid free-market reforms in Iraq. Such policies, U.S. officials say, are necessary to spur development and revive Iraq’...
Building groups praise agreement on Mexican cement
US Construction trade groups are praising an “agreement in principle” to reduce tariffs on cement from Mexico, saying it’s a good step toward reducing shortages and lowering bui...
Indian cement industry in growth mode
The Indian cement industry has witnessed a robust growth of 8.7 per cent in volume terms during the third quarter of current financial year and about 10 per cent rise in dispatc...
Javedan improves
Still awaiting the outcome of a recent court hearing regarding its privatisation and sale to the Haji Usman Ghani Group, Pakistani producer Javedan Cement reports that its finan...
Secil bids for Libyan plant
Portuguese cement producer Secil has launched a bid for the acquisition of a cement plant in Libya, Portuguese daily Jornal de Negocios said on January 24, 2006. The Libyan plan...
Holcim Croatia investment plans for 2006
The Croatian unit of Holcim says it plans to invest 37 million kuna (US$6.2m) this year, mainly in the modernisation of its production facilities. "A revamp of the factory in Ko...
PPC - trading update
PPC’s Chairman announced at the AGM held at PPC Monday that trading conditions in the first quarter of this financial year have continued to be favourable with regional cement s...
Philippine authorities urged to stop toxic waste burn
Local environmental groups are urging the Department of Environment and Natural Resources to immediately stop four foreign-owned cement plants under Holcim, from unlawfully burn...
GCC expects to recoup $40m
Mexican cement maker Grupo Cementos de Chihuahua SA said Friday it expects to get back about US$40m in disputed cement duties after the US and Mexico settled a 16-year-
Latvia: construction costs rise
Last year construction costs in Latvia rose by 11.4 percent on average from 2004, which is the steepest rise in ten years, the Latvian statistics bureau said. The statistics bur...
Bestway wins social responsibility award
One of Pakistan’s leading business groups, Bestway has been named the 2005 Winner in Social Responsibility in London for demonstrating excellent standards of philanthropy and
HeidelbergCement eyes higher profit in 2006
HeidelbergCement , the world’s fourth largest cement maker, aims to increase its profit and sales in 2006, its chief executive told the Frankfurter Allgemeine Zeitung, rea...
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