Vichai denies debt buy reports
Vichai Thongtaeng of Phayathai Hospital Group, said he has no plans to buy debt owed by Thai Petrochemical Industry Plc (TPI), Southeast Asia’s largest petrochemical maker...
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Siam Cement’s annual sales
Siam Cement expects to report increased profits in the third quarter. Although increased oil prices have meant higher expenses for cement production, demand has also increased. ...
Happiness is a cement factory
Pretoria Portland Cement Cement manufacturing giant PPC is challenging the perception that employee satisfaction is limited to the service industries. With the majority of its ...
Cement makers cut output on building slump
Ssangyong Cement and other major South Korean cement makers have cut production as inventories pile up amid a slump in construction spending, company officials said on Friday. ...
Lebanon exports to Syria increase
Lebanon exported about 353,373t of clinker and cement to Syria in the first half of 2004. Exports of cement from Lebanon to Syria stood at 168,468t during the period. Syria is s...
Moroccan cement firms face new free trade challenge
Moroccan cement firms, backed by European majors, will soon face tougher competition from imports which could endanger one of the Casablanca bourse’s heavyweight sectors, ...
Wienerberger spends EUR151m on British manufacturing base
Wienerberger is moving into manufacturing in Great Britain through the acquisition of ten facing brick works from venture capitalists Cinven and Royal Bank of Scotland for €145m...
Shortage of cement noted, Azerbaijan
Azerbaijan’s only producer of roofing slate, the joint stock company Baki Sifer-Keramika appealed to the president of Azerbaijan on the subject of shortage of cement that ...
Upturn registered in January-June, Colombia
The positive performance of Colombia’s construction sector is favoring cement manufacturers. Three companies of the segment figure among Colombia’s top 10 firms with...
ACC likely to net Rs60cr from Delhi land sale, India
Cement major Associated Cement Companies (ACC) has put its five acre industrial land in South Delhi’s Mathura road on the block. The freehold property used to house India&...
Cement firms wary of Napocor rate hike, Philippines
Cement manufacturers have expressed serious concerns over high electricity rates and their impact on production cost.
Lipetskcement boosts output 8.3% in Jan-Aug 2004, Russia
From Jan till August 2004 Lipetskcement made 1.12Mt fo cement, outstripping the figure of the same period 2003 by 8.3%. Packed cement output was more than 157,000t, a 20.7 per c...
Votorantim invests US$100m, Brazil
Votorantim is installing a 3rd cement production line in the Aracaju plant (Sergipe state) with US$100m investments to increase exports of cement and clinker. According to the c...
Foreign, Indonesian investors eye stake in cement maker
A number of foreign and local investors have indicated interest in buying out the 25.5 per cent stake of Cemex Asia in state-owned cement maker PT Semen Gresik, the government s...
Investment cements the future of plant, UK
Lafarge Cement UK has opened a new control room as part of UK£6m investment in its Cauldon Works.
President inaugurates Diamond Cement factory, Ghana
The President of Ghana, Mr John Agyekum Kufuor inaugurated the US$15m Diamond Cement (Ghana) Limited (DCGL) at Aflao in the Ketu District of the Volta.
Eurocement posts cement output of 5.2Mt
In Jan-Aug 2004 Eurocement made produced 5.2Mt of cement, an increase of three per cent from the figure reported in January-August 2003. Packed cement output was about 670,000t,...
Cimsa to invest US$30m in Kayseri plant
Turkish cement producer Cimsa will invest US$30m in the enlargement of its factory in Kayseri, central Turkey. The company plans to set up a rock crusher, mill and a kiln at the...
Vietnam to face cement shortage next year
Vietnam is predicted to experience a shortage of around 6.5Mt of cement in 2005, mainly due to low production capacity of local cement manufacturers and increasing demand for th...
Cimpor aims to invest EUR100m in South Africa
Cimpor aims to invest nearly EUR100m in its South African factory by 2007, director Luis Sequeira Martins has said. Cimpor wants to boost its production capacity at its factory...
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