East Java Council asks govt to retain Semen Gresik stake, Indonesia
The East Java council is asking the government to retain its 51 per cent ownership in cement producer PT Semen Gresik in what is seen as a gesture of support for the anti-privat...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
Antitrust body fines cement and ready-mixed concrete companies, Turkey
The antitrust body fined certain companies operating in cement and ready-mixed concrete sectors, as a result of the investigation opened on the grounds that the companies acted ...
Domestic sales up 23.2 per cent YoY Nov, Argentina
Argentina’s domestic cement sales, including imports, rose to 573,706t, up 3.4 per cent month-on-month in November 2004, and 23.2 per cent YoY, the national association of...
Bacnotan Consolidated buys more shares in Atlas unit, Philippines
Bacnotan Consolidated Industries Inc said its board of directors has approved the purchase of additional shares in majority-owned unit Atlas Cement Corp.
ASEC posts $288,000 net profit Jan-Sept 2004, Egypt
Egypt’s ASEC Cement Co, part of the Egyptian-Swiss industrial group Arab Swiss Engineering Company (ASEC), reported a net profit of 1.79 mln Egyptian pounds (US$288,000) f...
Egypt to set up cement plant in New Valley
Egypt’s General Authority for Investment & Free Zones (GAFI) has reportedly approved the setting up of a new cement company in the New Valley governorate, southwestern Egypt.
Cement production up 12.73% in Jan-Oct, Bolivia
Between January and October Bolivia’s cement output went up 12.73% compared to the same months last year
Malaysia’s MP Tech buys 10% of cement maker Hongkew; in JV to build plant
Plastic products maker MP Technology Resources Bhd said it has agreed to buy a 10 pct stake in Hongkew Holdings Sdn Bhd for 20m rgt cash and also team up with the unit to build...
Intercem Workshop, San Diego, 8-9 December 2004
Over 150 delegates are attending a two day workshop at the Omni Grand Hotel, San Diego, California. With the theme: Cement shortages - a temporary or long term problem, the stag...
Philippines cement makers want extra import tariff kept
The Cement Manufacturers Association of the Philippines, or Cemap, has asked the government to extend by another four years the so-called safeguard tariff imposed on imported ce...
Shiva board approves fresh issue of equity shares, India
Shiva Cement Ltd., has informed BSE that the Board of Directors of the Company at the meeting held on December 06, 2004 have approved the following:
HeidelbergCement seals EUR 1bn refinancing loan, Germany
HeidelbergCement has signed a EUR 1bn (US$1.3bn) loan to refinance its outstanding debt facility
Dollar weakness to drive up sales for Cemex
A wobbling dollar means more solid sales for Mexico’s Cemex as currency appreciations in its operations from Barcelona to Bogota are seen translating into higher greenback...
Taiwan Cement surpasses full year target
Taiwan Cement , the island’s old brand name cement plant and the cement production arm of the famous Hosing Koo’s conglomerate, announced that its revenue in the fir...
Raysut proposes capital hike, Oman
Oman’s cement producer Raysut Cement Company has proposed to raise its capital to OMR20m (US$52m) from OMR15m (US$38.9m).
Nevyanskiy Tsementnik output, Russia
In Jan-Nov 2004 overall output of Nevyanskiy Tsementnik was 1.04Mt a 18.6 per cent increase against the figure posted in January-November 2003. In particular, in Jan-Nov 2004 th...
Akcansa to bid for Rumeli cement factories if terms favourable, Turkey
In a statement sent to ISE, cement producer Akcansa officially announced that it would bid for Rumeli Group’s cement factories if the terms were favourable. The cement factories...
Steep cement price hike threaten construction, Kerala
Construction companies in Kerala have been hit by the sharp rise in the prices of cement and steel. The shortage of river sand, which is extensively used in the State, has furth...
’Indonesia Must Retain Majority Stakes in Semen Gresik’
State Minister for State Enterprises Sugiharto and the House of Representatives Commission VI have agreed to retain the government’s 51 percent stake in publicly listed PT...
Melón, Polpaico clean production agreement, Chile
Chilean cement companies Melón and Polpaico have signed a clean production agreement with the economy ministry’s national clean production council (CNPL) for the cement se...
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
