MMK increases stake in Magnitogorsk refractory works
OAO Magnitogorsk Iron & Steel Works has increased its stake in the charter capital of OAO Magnitogorsk Cement-Refractory Works in Chelyabinsk region from 72.93 per cent to 93.95...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Ship en-route Albania saved
South Korean registered ’DEA’ a bulk carrier loaded with cement and en-route from Greece to Albania was saved from sinking around 2 miles off the Himara shores, Alba...
Eurocement Group implements new product/financial control system
Eurocement Group has set up a comprehensive information system to ensure control over the entire chain of product movement and financial flows as a result of an IT project utili...
Vietnamese cement markets make gains
Despite a stagnant real estate market, Vietnam is expected to consume 28.9Mt of cement this year, an increase of 9.5 per cent over last year’s figure, according to the Vie...
Shaanxi Province project planning
China’s Shaanxi province plans to undertake ten major projects that will require an estimated 600 billion yuan (US$74.3bn) during the eleventh five-year program period (20...
Co-Management will help advance socialism in Venezuela
Hugo Chavez, Venezuela’s president is moving his socialist agenda into a new phase by turning some expropriated companies into government-financed operations, jointly run ...
China’s export of cement in October 2005
China exported 2,420,000t of cement valued at US$75.295m in October 2005. The export in January-
Turkey’s Oyak secures loan to buy Erdemir Steel
Turkish banking-to-automotive group Oyak has secured a US$1.6bn loan from a group of banks to finance its purchase of domestic steel maker Erdemir, the group said in a statement.
Open access to power distribution
To encourage captive private power generation in India, an enabling environment to the Electricity Act 2003 is being worked out to harness power from such sources.
New advertising account for O&M Kolkata
O&M Kolkata has won the creative account of Lafarge Cement in India. The incumbent agency was Bates, Kolkata. This account, which is a full service assignment, would be a sizeab...
ACC wins fly ash award
ACC was awarded the National Award for being the “Best User in India” of a Mineral Component Fly Ash by Fly Ash Utilization Mission, TIFAC, Department of Science and Technology,...
Birla Corporation expands Bengal cement plant
With the commencement of commercial production of its new plant, Durga Hitech Cement, at Durgapur on December 24, Birla Corporation Ltd of the M P Birla group, has become one of...
SEC may allow web-based shareholder activities
The US Securities and Exchange commission (SEC) is planning to allow and encourage shareholders to communicate on-line. The change is aimed at both the companies and investors,...
Narmada Cement to merge with Ultratech
The Board of UltraTech Cement Ltd (UTCL), an Aditya Birla Group company, on Monday approved the merger of its subsidiary Narmada Cement Company Ltd (NCCL) with UTCL.
UAE cement demand improves
Cement demand in the UAE reached 12Mt in 2005, which is a 15 per cent year-on-year increase, according to the latest report of the UAE Ministry of Finance and Industry, it was r...
Mexican cement production increases
Cement production in Mexico rose by 3.35 per cent in the first 10 months of this year, according to preliminary figures released by the national cement chamber (Canacem).
Hanoi stock exchange adds three firms to listing
An additional three companies will be listed on the Hanoi Securities Trading Centre, bringing the total number of listed companies in December to nine with registered shares wor...
Maharashtra cement plant planned
Murli Agro Products Ltd of the Maloo Group has planned investments of Rs900 crore in the Vidarbha region of Maharashtra, India in the next three years. The investments would go
Lagan waste fuel burn provokes protests
Local residents are furious after a cement company was granted permission to incinerate up to 50,00t of meat and bone each year. The cattle wast will be burned in kilns at the s...
Cement production rises in Vietnam
Vietnam estimates that its industrial production rose 19.4 per cent year on year in December on strong demand for processed seafood products, steel and cement, according to data...
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