JK Cement promoter to offload large stake
Yadhupati Singhania, owner and Managing Director of JK Cement Ltd, will be off-loading 26 per cent of his stake for raising around Rs 250-300 crore, (around US$65m) early next y...
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Fly ash should be treated as a resource
"If people can be convinced that use of fly ash can reduce the time for making the concrete, provide more solidity and reduce costs, the day is not far off when India would be a...
Tong Yang: all change on golf course
The question of who will take over Tong Yang Group, one of Korea’s largest conglomerates, finally has an answer: the owner’s son. The group’s current chairman...
Ash Resources to boost capacity
Ash Resources, SA’s largest supplier of fly ash, which is added to concrete building products, will spend R15m to expand production capacity on the back of the growing con...
Factory hopes to cement sewage deal
Sewage could be used to power the kilns at Lafarge’s Dunbar works, despite concerns about the possible environmental effect. The processed sewage pellets are being considered fo...
Loesche new orders
Lafarge North America has recently contracted with Loesche America, Inc. to install an LSKS Classifier Upgrade for their Raymond 753 mill located at their plant in Ravena, New Y...
Case for Indian Competition Commission
The government’s belated concern over cartelisation in cement is welcome. It should fast-track the Competition Commission, currently awaiting fresh legislation. Cartelisat...
Dyckerhoff aims to downgrade Germany
German cement company Dyckerhoff AG wants to reduce its dependence on its home market, according to Chief Executive Wolfgang Bauer, as quoted in Boesen-Zeitung. Bauer
Foreign ownership in Sumitomo Osaka increases
Overseas investors increased their stake in Sumitomo Osaka Cement Co to 33.7 per cent as of Sept. 30, up 4.7 percentage points from March 31, marking the first time the foreign ...
Mandiri to approve loan for Gresik project
Indonesian state-owned Bank Mandiri said it will provide fund needed to finance the construction of a new cement factory of state-owned cement maker PT Semen Gresik.
Cement exports to Afghanistan decline
Pakistan’s Export Promotion Bureau (EPB) has noted a fall in cement exports to Afghanistan over the last five months. EPB official Ayaz Bashir said on Monday that Pakist...
Cemex and Cementir trade concrete interests
Cemex is pulling out of Denmark by having signed an agreement to sell its wholly-owned subsidiary 4K-Beton to Cementir, already the market leader in Denmark. 4K-Beton operates ...
Taiwan Cement plans for southern China
With one new plant already scheduled to open next February in Yingde, Guangdong Province, mainland China, Taiwan Cement Corporation, Taiwan’s largest producer of cement, r...
Grenada shortages increase
An acute shortage of cement in the Caribbean island of Grenada has forced building contractors to send home a number of workers and to temporarily close down several constructio...
Cement to arrive next week
A spokesman for Caribbean Cement Company says import supplies to ease the current shortage are expected by December 15. However, the supplies will not be disbursed to the market...
CSE to release environmental scorecard
The Centre for Science and Environment(CSE) in India is preparing an environmental scorecard of the cement industry which poses many ecological challenges.
Siberian Cement Companies to purchase new bagging lines
A recent seminar in Irkutsk saw Haver & Boecker conduct successful negotiations on the supplies of modern packaging equipment from Germany to Siberian Cement’s plants.
JK Cement plans expansion
JK Cement, India is embarking on an expansion plan for which it is planning an initial public offering (IPO) to raise Rs 300 crore in January 2006.
Iran and Venezuela sign contracts
Iran and Venezuela have signed a contract worth US$850m and a memorandum of understanding worth between US$5-7bn for exchange of industrial products and technical and engineerin...
Chile cement sales increase
Chilean cement sales increased to 8.4 million bags in October 2005, from 7.7 million bags for the same period of 2004, Chilean Construction Chamber CChC said on December 9, 2005.
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