Ministry to control retail cement price
The Qatar Ministry of Economy and Commerce is likely to take steps to control the retail prices of cement, steel and gravel which are said to be in short supply in the local mar...
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Anadolu Cimentolari, Marmara Cimento to merge
Turkish cement and clinker producer Anadolu Cimentolari will take over its affiliated company Marmara Cimento, it was reported on September 20, 2004.
Carib Cement says it can still satisfy local demand
Carib Cement says that damage inflicted by Hurricane Ivan to part of its infrastructure has not retarded its capacity to satisfy the local demand for cement, and that it has som...
Buzzi plans new US bond sale
Italian cement maker Buzzi Unicem is considering the sale of $150 million to $160 million worth of bonds via private placements in the United States, the company’s deputy ...
Cemex seeks supply savings
Cemex said on Monday it hopes to achieve savings of at least US$70m per year in a supply and inventory improvement program.
Vietnamese cement update
The local construction material market is expected to remain stable for the rest of the year with the industry ensuring a sufficient supply of steel and cement to match the grow...
Kloesters to invest in new Bulgarian cement plant
KREMIKOVTSI AD and Germany’s Kloesters signed a contract for setting up of a 25%/75% joint venture cement production (grinding?) plant on September 15, representatives of ...
OPEC Fund loan supports cement factory in Albania
An agreement for an $8 million loan was signed here today between the OPEC Fund for International Development and the Fushe Kruja Cement Factory in Albania, which plans on expan...
Pakistan receives cement orders
Pakistan cement companies have received orders of over 250,000t of cement from Iraq. According to Vice Chairman All Pakistan Cement Manufacturers Association, Babar Bashir, he s...
New business boosts rates
As expected last week the market has been prompt to react to the new wave of business which surfaced this week on almost all dry bulk markets. Capesize rates regained more than ...
DG Khan Cement net up
D G Khan Cement on Friday posted a 71.6 percent growth in its full-year net profit to Rs 829.8 million compared to Rs 483.5 million last year. In a statement to the Karachi Sto...
ACC to set up new plant
The Associated Cement Company Ltd (ACC) is planning to set up a cement plant in Madhya Pradesh and also expand the capacity of its unit. The company is likely to make investment...
Cement Akmenes August sales
Akmenes Cementas, Lithuania’s only producer of cement, reported that its sales in the first eight months of this year grew 24.3 percent year-on-year to 70 million litas (2...
Indian Q3 sales set to rise
The Indian cement sector is poised for growth in the third quarter with increased volumes in the first two quarters, backed by rising prices. North India will be the growth dri...
Cement prices soar despite flat demand
Indian cement makers seem to have finally succeeded in delinking their price realisations to demand growth. In August this year, cement prices galloped by double digits despite ...
Buzzi Unicem to place $165m bond in US
Italian cement and concrete group Buzzi Unicem is reportedly considering a private placement on US markets of a $165m bond, in three tranches maturing in three, five and seven y...
Kyivtsement appoints Hossenfelder
Shareholders of the Kyivtsement plant (Kyiv), which is a cement producer, relieved Valentyn Shevetovskyi as a member of the supervisory board at a meeting on June 8, and they ap...
Continued squeeze on cement supply
China’s demand for cement is still being blamed for US cement shortages with Florida particulalrly hard hit. America imports about 20 percent of the cement used here, but ...
TPI Polene To Pay Full $650m debt To creditors
TPI Polene PCL (TPIPL.TH), Thailand’s third-largest cement maker, plans to repay all of its debt worth $650 million, without any write-down, to creditors, the Bangkok Post...
Iran’s cement production to rise to 60Mt by 2009
The Minister of Industries and Mines Es`haq Jahangiri announced here Saturday night that Iran`s cement production could reach 60Mt by 2009. His remarks were made at an inaugura...
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