Cemex, Lafarge terminate Iberian joint ventures
Cemex SA said Thursday it has unwound its joint ventures with France ’s Lafarge SA, as agreed earlier this year. In a press release, Cemex
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Asia Cement expanding operations in China
One of Taiwan’s leading cement producers is further expanding its operations in mainland China with a plan to invest more than US$200m
Vietnam cement outlook in 2006
Vietnam ’s demand for steel and cement is expected to increase next year. To meet a projected
Argentina Loma Negra sale finalises
The sale of Argentina ’s cement maker Loma Negra to Brazil ’s Camargo Correa for US$1.025bn has finalised. The purchase contract to acquire
Outlook for Thailand’s cement industry
The Thai cement industry has exhibited decelerating growth in 2005. Even though demand for cement at home had expanded vigorously
ABB wins contract for complete new cement production plant in Vietnam
ABB, the leading power and automation technology group, announces that it has entered into a contract with FCB.ciment in France for a new production plant. Enduser of the projec...
Oman ’s cement production capacity increases
Sayyid Ali bin Saif al-Said, secretary-general at Office of the Minister of the Diwan of Royal Court on Wednesday opened the third production line of Raysut cement factory estab...
Cementir completes purchase of Edirne facilities
Italian cement firm Cementir has won approval from Turkey’s antitrust authority for its acquisition of firm Edirne in a US$166.5m deal, it said in a statement on Wednesday.
China ’s output of cement in October 2005
China produced 95,386,200t of cement in October 2005. The output in January-October reached 831,142, 200t, up 10.8 per cent year on year, according to the National Bureau of Sta...
Partners to inject more cash into China JV
Shui On Construction and Materials Ltd said it and Lafarge SA of France have injected an aggregate amount of US$44.4m into their joint venture company, which is engaged in ceme...
Indonesia will need more capacity
Indonesia will need additional cement capacity by 2008 when demand is predicted to begin to exceed supplying capacity of existing plants. Construction of new cement factories,
Competition board approves sales
The Turkish competition board announced its decision on cement plants, which were previously owned by Uzan Group and offered for sale by the Saving Deposit Insurance Fund (SDIF)...
HeidelbergCement builds up Ukraine base
HeidelbergCement aims to firmly establish itself as the leading cement producer in the Ukraine by agreeing to acquire Dontsement from a group of, mainly US, investors, subject t...
As the holiday season approaches...
The dry bulk market seems to be steadying in this end-of-year period. In these rather still waters and approaching the end of the year it’s a good time to make a point on ...
Afghanistan cement project
The US trade & development agency recently provided a grant to the local ministry of mines & industries to enable the completion of a project feasibility study regarding various...
JK Cement plans new cement plant
Yadhupati Singhania, promoter of the Kanpur-based JK Cement Ltd, is planning to set up an integrated greenfield cement plant of three million tonnes per annum capacity in Karnat...
Southern Province elects new Board
Saudi cement producer Southern Province Cement (SPC) elected a new board of directors at a general shareholders’ meeting on December 7, 2005. The board has a three-year term
Peru domestic cement sales up
Peruvian domestic cement sales grew to 400,780t in November 2005, up by 14.3 per cent year-on-year, the Peruvian association of cement producers Asocem reported on December 19, ...
Heidelberg Cement’s Bosnian unit to invest
Tvornica Cementa Kakanj (TCK), a Bosnian cement plant owned by Germany’s Heidelberg Cement, said on Tuesday it planned to invest Euro 8.3m next year, mostly in modernising...
New contract for ABB
ABB, the leading power and automation technology group, announces that it has been awarded a contract from Holcim (Maroc) SA.
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