Relocation for Bau Holding new plant
Austrian Bau Holding to build cement factory in Hungary’s neighbouring country
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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TPI : disappointing 2Q04, but full year 2004 promising, Thailand
TPI Polene (TPIPL) announced disappointing 2Q04 earnings with a normalised net profit of Bt701mn down 46% QoQ, but up 44% YoY. This is below estimated normalised net profit of B...
Votorantim to build new cement plant, Brazil
Brazilian cement company Votorantim is analyzing the possibility of building a cement plant in the capital of Bolivia’s Santa Cruz region, according to local news reports.
TXI reports 4Q results, USA
Texas Industries, Inc reported net income of US$37.6m (US$1.59 per share) for the quarter ended May 31 2004. The same quarter last year showed a loss of US$7.6m (US$.36 per share).
Cement unit expects improvement if court approves debt buyback
Foreign exchange will no longer have a significant impact on the earnings of TPI Polene Plc, as occurred in the second quarter of this year, if the Central Bankruptcy Court appr...
Hike in slag prices hits mini cement units, India
Slag-based mini cement units in north coastal Andhra Pradesh are going through tough times thanks to an increase in the prices of slag as well as the non-availability of clinker.
Cimpor invests in mortar plant, Spain
Cimpor will invest a total of EUR9m (US$11.2) in the construction of a new mortar plant in Spain. The new plant will be situated in Boqueixon, Galicia region, northwestern Spain.
Russian cement to hit Mexican market
A new cement company from Mexico dubbed CDM (Comercio para el Desarrollo Mexicano) will start importing Russian cement this month via Tampico port on Mexico’s Atlantic coast
Iranians to discuss cement investment, Venezuela
A delegation from Iranian cement producer Ehdas Sanat will meet with officials from Venezuela’s state heavy industry holding CVG this week, according to a CVG release.
Village votes down Strabag cement plant
Residents of the tiny village of Bukkosd (SW Hungary) have rejected in a local referendum on Sunday construction firm Strabag’s plan to build a HUF 27bn cement factory nea...
Cemex interested in expanding Colombian operations
Cementos Mexicanos (Cemex) is eager to expand in the Colombian market where the company has already invested more than US$1bn, reported an insider.
Cement exports up 160 per cent on Afghan demand
Cement exports have jumped to 1.1Mt in 2004 mainly to Afghanistan with some cement exports to the UAE as well, reflecting a growth of 160 per cent over 2003.
Philippine Supreme Court lifts special tariff on cement
The Philippine Supreme Court has lifted a special import tariff imposed by the government to protect local cement manufacturers.
Cementos Melón reactivates investments of US$30-40m, Chile
With the new investments the firm expects to increase its production capacity to supply the domestic market in light of increasing demand in the real estate sector.
ACC Board consider merger with Gujarat Ambuja, India
The board of Associated Cement Companies Ltd will discuss the company’s merger with Gujarat Ambuja Cement, despite having planned a capital expenditure of about Rs5bn (US$...
Grupo Caribe cements port certification, Colombia
The three ports of Colombian cement producer Grupo Caribe on the Caribbean coast and its cement and clinker transportation fleet have received International Ship and Port Facil...
Semen Baturaja optimistic about production target
Semen Baturaja optimistic about production target
Cement prices seen up 10% in 6 months, India
Domestic cement prices are expected to rise by over 10 per cent in the next six months, while the upward trend will last for another three years due to the buoyancy in local dem...
Bursa Cimento to build ready-mix plant in Kutahya, Turkey
Turkish cement and clinker producer Bursa Cimento will build a ready-mix plant in the Kutahya region, western Turkey. The plant will have a capacity of 80tph, Bursa Cimento said...
Production increase, Pakistan
The production and export of cement have substantially been increased during 2003-04 in Pakistan. During financial year 2003-04, production of cement was 13.06Mt - 20 percent hi...
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