Cement industry news

28 Dec 2004 Corporate

Indonesia Shares End At Record High

Indonesian shares ended higher Tuesday, with buying in cement blue chips pushing the main index above the historical level of

28 Dec 2004 Trading

China Exports 4.86Mt of cement

China exported 4.86Mt of cement in the period January to October 2004, up 14.7 per cent year-on-year.

28 Dec 2004 International

UAE cement-makers make record profits

UAE cement companies are expected to report an increase in profit for 2004 of between 400 per cent and 500 per cent over 2003,

28 Dec 2004 International

Cemex may have to return Nicaraguan company

After the courts ruled in its favor, the Nicaraguan government has presented an appeal to the Supreme Court of Justice for Cementos de México (Cemex) to return

28 Dec 2004 International

Japan domestic cement shipments up

Cement shipments in Japan totalled 5.44Mt in November 2004, up 6.7 per cent year-on-year, the Japan Cement Association said

27 Dec 2004 Corporate

Taiwanes public construction spending

Investment in public construction projects will hit NT$200bn (US$6.21bn) next year, Premier Yu Shyi-kun said.

27 Dec 2004 Corporate

Banks to contribute to Infra fund

Indonesia’s Chief Economics Minister Aburizal Bakrie said local banks are expected to contribute Rp40 trillion (US$4.44bn) to fund

27 Dec 2004 Corporate

Lhoist to invest in China plant

Work has started in Chizhou of Anhui Province on a refractory material project financed and owned by the Lhoist

27 Dec 2004 Environmental

Authority issues ultimatum to quarry’s owners

Action could be taken to stop waste material being recycled without permission in a disused limestone quarry near Kidlington.

27 Dec 2004 Corporate

Industry to grow five per cent next year

Argentine industry will grow by a minimum of five per cent next year, which makes it almost inevitable that the sector will surpass

27 Dec 2004 Corporate

GCC to record seven per cent growth

Abu Dhabi - The GCC economies will record economic growth of about seven per cent this year, spurred by higher oil revenues,

27 Dec 2004 Environmental

Pollution ’severe’ in Rayong, Chon Buri

Climate change, marine pollution and contaminated ground water are among the environmental threats that have severely damaged the livelihood of Rayong

27 Dec 2004 Corporate

Hardie attempts to raise US prices

James Hardie Industries will attempt to push through a hefty January price rise for its building products in the US, in a bid to boost profits

27 Dec 2004 Corporate

Orascom risk ratings

Fitch Ratings, the international rating agency, has just assigned Egypt-based Orascom Construction Industries’

27 Dec 2004 Corporate

China to invest US$12bn for rural highway construction

China will invest 100 billion yuan (US$12bn) from 2006 to 2010 to build more rural highways, said Zhang Chunxian,

27 Dec 2004 Environmental

EU approves Spanish CO2 emission allocation plan

Spain’s Industry Ministry said Monday that the European Union Commission has given preliminary approval to the country’s carbon-dioxide

27 Dec 2004 Corporate

Prism Cement up on takeover buzz

Rumours of a possible sell out to foreign cement major Lafarge saw the stock of India’s Prism Cement touch new highs on

27 Dec 2004 Corporate

TPIPL: Improving earnings in 4Q04

After an analyst’s meeting recently with TPI Polene (TPIPL), earnings are estimated to be boosted in 4Q04 with a normal profit of

27 Dec 2004 Trading

Inventories at low levels

For the first time in four years, November-end inventories in the Indian cement industry (cement plus clinker) have fallen below the 6Mt level, according to

27 Dec 2004 International

Tafico to call for tender to build cement plant

Fico-Tay Ninh Joint Stock Cement Company (Tafico) will invite bidders for an EPC (Engineering, Procurement, and Construction) contract to build a cement plant