Yemen production increase planned
According to the Al-Bayan newspaper, Mr. Mohammed Shanef, Vice Chairman of the Yemen Corporation for Cement Industry and Marketing, revealed that his company is planning to incr...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Cement consumption growth to slow in 2006
US experts predict cement consumption this year to increase more than five per cent over 2004 levels, despite this year’s hurricanes. Residential construction is expected to dec...
Holcim and Gujarat Ambuja
The presence of Swiss cement maker Holcim’s CEO Markus Akermann and his board colleague Paul Hugentobler in Mumbai to attend the Associated Cement Companies Ltd (ACC) board meet...
Stronger signs in Panamax sector
Difficult to see where the market is going with mixed signals still the order of the day, unusual times, particularly in the heart of the winter period when things are usually a...
Shree Cement expects good rise in sales
Shree Cement Ltd., whose main market is in north India, expects sales to rise 12-13 per cent in the current year to March, a top company official said on Tuesday, beating the in...
Kenyan cement firms complain about costs
Poor roads and inadequate communication infrastructure are making cement manufacturing too expensive Kenyan cement makers Bamburi and Athi River Mining are concerned that the hi...
Greek Titan shows promise
Shares testing new highs. Titan Cement rose 2.87 per cent to close at Euro 32.30, hitting a new historical high intraday, continuing its upward trend on solid fundamentals after...
FLSmidth wins Emirates order
FLSmidth & Co AS said it has won a DKr1.4bn order from Emirates Cement Company to supply a complete cement plant with an annual capacity of 3Mt of cement. The plant, which
US could drop duty on Mexican cement
The United States could phase out a 55 per cent duty on Mexican cement under a plan that would establish a 3Mt annual import quota for three years, a US group said on Monday. St...
More on the Lemona bid
FCC (Fomento de Construcciones y Contratas), the Spanish construction and services group, has gone against the trend in the sector by focusing on the Spanish market with its 100...
Gujurat Ambuja shares rise on bid rumour
Gujarat Ambuja shares have been rising steadily in the past one month on market speculation that Holcim, is interested in buying a stake in the company. Gujarat Ambuja shares ha...
Romanian cement market up in 2005
The Romanian cement market is reported to have grown 8.0 per cent in 2005 compared to 2004 due to the high number of supply contracts for the reconstruction of buildings
Holcim may bid for Huaxin Cement
Holcim is expected to become the largest shareholder of China’s second largest cement producer Huaxin Cement. The two companies are in acquisition talks, an official from...
New Cement Plant in Eastern Sudan
A number of Gulf businessmen will build a US$180m cement plant in Eastern Sudan, local media reported on December 5, 2005. The plant will have an annual production capacity of
Indian cement majors lose momentum
Strong projections of sales fail to surface in the cement industry, as despatches continue to show single-digit growth. Apparently, it’s worse for the big four cement manufactur...
Egypt’s Ameriya Cement profit up 73 per cent
Egypt’s Amreya Cement reported net profit of 129.3 million Egyptian pounds (US$22.4m) for the first nine months of 2005, a 73 per cent increase on a year earlier, the stoc...
UAE Cement Manufacturers 2005 net profits up
UAE’s cement manufacturers are expected to post a 2.5 mln UAE dirhams (US$680.6m) combined net profit for the entire 2005, according to forecasts of cement industry expert...
Russia’s Eurocement to hold EGM
Russian cement producer Eurocement plans to hold an extraordinary general meeting of shareholders, or EGM, on February 6, 2006 to elect new members to the company’s board ...
Vietnam’s cement up again in November
Vietnam consumed 2.4Mt of cement last month, a 6.7 per cent increase over the previous month and bringing total consumption in the first 11 months of the year to 25Mt, according
Net profit of Semen Gresik to climb
The net profit of PT Semen Gresik Tbk (SG) would start to break IDR1 trillion next year, especially due to the higher net profit of Semen Padang, a unit of Semen Gresik, in the ...
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