Indian shipments rise
Associated Cement Companies Ltd, India’s second-biggest cement maker, said its May shipments rose eight per cent from a year ago to 1.52Mt. The Bombay-based company said ...
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CSN to install cement plant in Rio de Janeiro, Brazil
The chairman of the Brazilian steel manufacturer CSN (Companhia Siderurgica Nacional), Benjamin Steinbruch, said that the construction project of the Rio de Janeiro cement plant...
TPI to auction stake in cement unit?
Thai Petrochemical Industry (TPI) may sell its 30-per cent stake in cement maker TPI Polene PCL by auction, a source at TPI’s debt administrator said.
Cimpor to spend EUR 130m on acquisitions in 2005
Portuguese cement producer Cimpor plans to spend close to EUR130m (US$159.71m) on various acquisition in 2005.
Cement firm’s woes set to continue
Cement firm Holcim’s maritime woes look set to continue as it will be at least next week before its cement ships can leave Westport harbour fully loaded.
OCI Posts 82% earnings growth
Orascom Construction Industries announced consolidated revenue of LE 2,440m with EBITDA of LE 621.4m and net income of LE 340.5m for the first quarter ended 31 March 05. The con...
HeidelbergCement to double Indocement stake to 65.1%
HeidelbergCement AG plans to double to 65.1 per cent its stake in the Indonesian cement company Indocement, the company said.
Lucky and Pioneer top cement export figures
Lucky Cement and Pioneer Cement topped the export table in May because of higher demand for cement from Afghanistan and Iraq. Sources said cement exported to
Italcementi completes underground tunnel between sites, Italy
Italcementi has completed work on a tunnel of nearly 10km linking its quarry and its cement factory in Calusco D’Adda, near Milan. The tunnel will remove the environmenta...
11.4Mt of cement produced in Russia in January-April 2005
A total of 11.4Mt of cement was produced in Russia in January-April 2005, a 0.7 per cent rise against the same period 2004. In January-April 2004 production of cement rose 17 per
Heidelberg Bosnian unit upgrade investment
Bosnian cement plant Tvornica Cementa Kakanj (TCK), owned by HeidelbergCement, said it is to invest 6m marka (US$3.8m) this year to upgrade its production facilities.
Qilianshan Cement invests in two projects, China
Gansu Qilianshan Cement Co Ltd said it plans to build two cement production lines in the northwestern regions of Ningxia and Gansu with a total investment of around CNY900m.
Holcim Hungaria invests in new factory
Cement maker Holcim Hungaria Cementipari Rt, a subsidiary of Holcim group plans to invest EUR 220m in the construction of an environment-friendly cement factory in Nyergesujfal...
Cemex to form joint-venture with Ready Mix USA
Cemex has announced that its US unit plans to form a joint-venture with privately held Ready Mix USA, geared toward the southeastern US market.
Indian cement consumption up this year
Cement consumption in India recorded a 6 per cent increase during 2004-05 over the previous fiscal year. Cement consumption growth in Chhattisgarh stood at an impressive 45 per ...
Cement import duty loss
The discontinuation of cement imports into Jamaica since the duty was raised to over 40 per cent early last year has deprived the treasury of potential import duty of about J$10...
Tanga cement private sector boost
Tanga Cement Co. Limited has donated 250 bags (12.5t) of cement to the Tanzania Private Sector Foundation (TPSF). Communication Manager company, Kati Kerenge handed over the don...
Gujarat Ambuja to buy stake in ING Vysya
Gujarat Ambuja Cements will execute the first buy-out in the private insurance industry by acquiring 14.87 per cent stake in ING Vysya Life Insurance Company. The cement major w...
Semapa higher as Q1 net improves
Shares in Semapa SGPS rose after the industrial holding company said net profit edged up 2.59 per cent to Euro 12.0m in the first quarter from Euro 11.7m a year earlier, boosted...
Holcim plans new bond to refinance debt
Swiss cement group Holcim is planning to issue a new bond worth more than SwFr 300m ($242.9m) to refinance 500 million francs in debt maturing in June, the group said on
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