Volume of business improving
The wait and see feeling which was widely shared last week doesn’t seem to be charterers’ view any longer. The volume of business this week has been firmer on almost...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
Demand for cement in the southern states rising
Demand for cement in the southern states of Tamil Nadu and Andhra Pradesh has increased sharply in the last two months on the back of higher offtake of the construction sector. ...
Mexico’s Cemex sets March 1 date for British buyout
Mexico’s Cemex, the world’s No. 3 cement maker, said on Tuesday it expects to conclude its $4.2bn cash acquisition of Britain’s RMC Group on March 1 after winn...
Holcim Romania Launches Online Construction Guides
Holcim Romania, a subsidiary of Swiss cement company Holcim Ltd, launched online miniguides addressing professional building companies, architects and other users with interests...
Peru Domestic Cement Sales At 334,735t
Peru’s cement sales in the domestic market decreased 0.84 per cent year-on-year in January 2005, to 334,735t, Peru’s cement makers association Asocem said on Februar...
Cemex buys local concrete makers
Cemex Costa Rica has bought local concrete companies Durocret and BC de Heredia, local press reported. As part of its expansion and growth process that kicked off in the mid-19...
Japan’s Taiheiyo Cement 9 month data
Taiheiyo Cement Corp’s nine months to December results: Revenue - 634.6 bln yen vs 649.4 bln Operating profit - 33.2 bln Current profit - 25.2 bln Net profit - 14.6 bln EP...
Good times for the Indian cement sector
The good times are here for the cement sector. There is already a strong surge in demand, coupled with robust prices - and the industry expects finance minister P Chidambaram&rs...
Gujarat Ambuja exits AP cement firm
The Gujarat Ambuja group, which had entered a strategic alliance with the world’s second largest cement maker, Holcim, to make an open offer for ACC, has quietly divested ...
Open offer for Everest
The open offer for Everest Industries Ltd by Accurate Finstock Pvt Ltd and Adani Port Infrastructure Ltd for 20 per cent of its voting equity share capital will be at Rs 147 a s...
Peruvian Pacasmayo posts higher profits
Peruvian cement producer Cementos Pacasmayo posted a 73.5 mln Peruvian soles (US$22.6m) net profit for 2004, up 26 per cent year-on-year, Pacasmayo said on February
Govt court battle with Cemex looms
The government has indicated it may continue its legal battle against Mexican cement giant Cemex SA at the international arbitration court, following a deadlock between both par...
Turkish GAP Insaat Opens $160m cement plant in Turkmenistan
Turkish construction company GAP Insaat, part of industrial group Calik Holding, opened a $160m factory in Turkmenistan, it was reported on February 14, 2005. The cement factor...
Siam City Cement outlook firm
Siam City Cement PCL Thailand’s second-biggest cement maker, reported a better-than-expected 2004 net profit on Wednesday, driven by strong cement sales. The firm expected...
India’s north east under attack
India’s North Eastern Council (NEC), in its magazine called, New Hopes, New Opportunities, has a section on industry. This chapter, with the name Limestone and Coal: Untap...
Bagged cement price increases
Cement companies in Pakistan have increased price by Rs5 per bag. According to cement dealers, Javedan Cement Company increased price of cement some days back and after that oth...
Lots of projects but little action
The Indonesian government has issued licenses for 17 new cement projects but none of the projects has been implemented despite an expected shortage in cement supply. Industry ...
Govt must talk to stakeholders on Semen Gresik case
The management of publicly listed state-owned cement producer Semen Gresik is caught in the middle of a fight between its major shareholders, the government and Cemex SA. The Ja...
Yanbu Cement board recommends dividend
The management board of Saudi cement producer Yanbu Cement Company (YCC) proposed on February 3, 2005 a cash dividend payment of 20 Saudi riyals ($5.33) per share
Albania Grants BOO Concession
Albania’s government has awarded a concession to the country’s leading cement producer Fushe Kruje to build a $130m production line that woud enable the plant to cea...
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
