Chinese Sinoma to build Saudi plant
Chinese engineering company Sinoma will construct a cement plant for Saudi Riyadh Cement Co which is currently being established, under a US$170m contract, to be signed on March...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Hot and cold news influences markets
The lack of business that started to weigh down the Cape market last week has kept on bearing on the figures this week. However the last two trading days have seen some fixtures...
Omani Raysut Cement third production line
Oman’s cement producer Raysut Cement Co plans to put the third production line, presently developed at its cement plant in Salalah, southern Oman, into trial operations in...
Minetti takes Bolivian concrete company
Argentina: Juan Minetti, a subsidiary of Holcim, has taken control in the Bolivian based concrete company Corcecruz, pushing up its stake from 50 per cent to 100 per cent. The
Cement output grows 18 per cent in January
Bolivia’s overall cement production increased 18 per cent in January compared to the same period in 2004, government news agency ABI reported, citing national statistics o...
DTI probing high cement prices
The Philippine Department of Trade and Industry has launched an investigation to determine whether the continuous increase in the prices of cement is justified. The move followe...
Anhui Conch profit increase
Anhui Conch Cement Co., China’s dominant cement producer, reported a 29 per cent rise in its 2004 net profit, buoyed by strong demand. Anhui Conch posted net profit of 960...
Turkish cement production to rise
Turkish cement production will increase by between 7.0 per cent and 8.0 per cent year-on-year in 2005, according to the chairman of Turkish Cement Manufacturers Association, Adn...
Indocement suffers from Forex loss
Indocement Tunggal Prakarsa suffered foreign exchange losses of IDR498 billion, reducing the net profit of the company to IDR116 billion. The financial report of the cement
Indonesia Feb domestic cement consumption
Domestic cement consumption reached 2.32Mt in February, an increase of 13.7 per cent from a year ago with all markets reporting a growth in consumption, according to a report by
Houston orders new BMH ship unloader
In February 2005 BMH Marine, the world leading supplier of continuous screw-type ship unloaders, secured a contract for the delivery of a new high capacity Siwertell ship unload...
Agency identifies rogue cement sourced from Lafarge plant
The UK Highways Agency, which manages and operates England’s motorways and trunk roads, became aware in the third week of January of potential problems with cement supplie...
Cement production up in February
In February, Ukranian cement production rose by 12.6 per cent compared with February 2004, to reach 515,000t. In the two month January-February period cement production rose
Ukrtsement asking for subsidies
The members of the Ukrtsement Cement Association are asking the Cabinet of Ministers and the parliament to grant subsidies and tax breaks to cement factories. Among other things...
Sebi yet to clear Holcim offer for Ambuja Eastern
The Securities and Exchange Board of India (Sebi) has not yet given its nod to Holcim’s open offer to the minority stakeholders of Ambuja Cement Eastern even as Holcim’s open of...
Cement prices soar to as high as P170/bag
Philippine cement prices continue to rise, hitting as high as P170 per bag in the tiny province of Siquijor. According to the Department of Trade and Industry it is "closely coo...
Cemex Rugby may be forced to close
Rugby Cement could be forced to shut down its UK Lawford Road plant if a High Court judge rules in favour of anti-tyre burning campaigners. The stakes for the beleaguered
Experts to look into Meghalaya cave row
Experts from the Indian Bureau of Mines (IBM), Nagpur arrived in the city today to investigate the controversy over the destruction of India’s longest cave, Krem Kotsati in Lums...
China to spend millions to curb sulphur dioxide emissions
China plans to invest 6.43 billion yuan (US$780m) to curb sulphur dioxide emissions spewing from the coal-fired power plants that are fueling its economic growth, state media sa...
Goje to settle Ashkacem’s rift
Governor Danjuma Goje of Gombe State, Nigeria is to intervene on strain relationship between Ashaka Cement company Plc and its host communities. The Governor while commenting o...
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