Turkish Cimentas Wins Lalapasa Cimento tender with high bid
Turkish cement producer Cimentas reportedly won the sell-off tender of cement factory Lalapasa Cimento offering the highest bid of $166.5m it was reported on October 10, 2005. ...
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South African regional cement sales up in Sept
Cement sales in southern Africa rose 13 per cent in September to 1.24Mt, the Cement and Concrete Institute said on Monday. Sales for the region, which includes South Africa,
Indian cement growth
The Indian cement industry has posted a 10 per cent growth in both cement production and despatches for the first half of the year ended September 2005, clocking a double digit ...
Southern Cross case
The Philippine Bureau of Customs has endorsed the filing of criminal charges against an official of Southern Cross Cement Corp. and its broker. Aside from recommending the filin...
Spain Cementos Lemona Jan-Sept 2005
Spanish cement maker Cementos Lemona posted a net attributable profit of Euro 16.3m for the first nine months of 2005, a surge of 77 per cent year-on-year, company insiders said on
Lafarge Appoints New Executive VP For Strategy, M&A
Lafarge SA (LR) Tuesday named Jean Desazars as Executive Vice President responsible for Strategy and Development. The company said the executive will fill a newly-create
Holcim expanding in Romania: New kiln line to be built
Holcim (Romania) will be investing more than CHF 150 million in modernising and expanding cement production capacity over the 2005-2008 period, underpinning the company’s ...
Changes ahead for China markets?
With Chinese cement consumption likely to top the 1bn tonne level in 2005, industry specialists suggest that growth in consumption is likely to moderate significantly in 2006-20...
New orders for Loesche
Brazil: Loesche Gmbh has recently secured an order from Votorantim Cimentos, the largest cement producer in Brazil. Established in 1936 and headquartered in São Paulo, Votorantim
Vietnam’s cement prices likely to increase
The Government will allow the Ministry of Construction and the Vietnam Cement Association (Cemas) and other cement producers to submit a plan to bring nationwide cement prices i...
China’s Jan-Aug cement output rises 9.7%
China produced 640.03Mt of cement in January-August 2005 and 91.53Mt in August alone, a 9.7 per cent and a 14 per cent YoY increase, respectively.
Cement exports surge on Gulf construction boom, India
The construction boom in the Gulf region has pushed cement exports from India to a new high of 0.5Mt in August ’05. Industry officials said that cement exports from India ...
IFC grants credit facilities to Obajana Cement
International Finance Corporation (IFC) granted a cumulative sum of U$196.4m credit facilities to five Nigerian companies in its last financial year. The companies are Obajan...
Moscow city Government calculates losses from Eurocement
Moscow city authorities estimate the construction sector’s losses from hikes in the Eurocement group’s prices at R1.0bn. The sector uses 1.2Mt of cement on average i...
Iran, Venezuela to build cement plant in Monagas
Venezuela’s Basic Industries and Mining Minister Victor Alvarez Saturday announced that Caracas and Tehran had signed a joint venture agreement on the establishment of a cement ...
Italcementi to bid for Turkish Plants
Italian cement group Italcementi is keen to take part in a tender to acquire five plants of Turkish cement group Rumeli, Italcementi’s CEO Carlo Pesenti said. The tender w...
Holcim Apasco receives ISO 14001 environmental certificate
Holcim Apasco, one of the largest cement makers in Mexico, has been awarded the ISO 14001 environmental certificate for replacing fossil fuels with garbage within its production...
Bestway earns Rs 4.906bn profit during 2004-05
Bestway Cement, one of the largest cement producers and exporters of the country, has posted an after-tax profit of Rs4.906bn during the financial year ended on June 30, 2005 as...
JK Corp unveils new corporate identity
JK Corp said on Friday that, the Company is in the final leg of its restructuring exercise. JK Corp is hiving off its financial investments into a separate company to become a p...
Mixed signals from the markets
After both the Atlantic and Pacific Capesize markets softened a little bit, there were, however, some signs at the end of last week showing for a slightly stronger trend this we...
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