Chinese cement loans
China’s banking watchdog said it will review all loans offered or loan commitments to fixed asset projects either under construction or still on paper in an effort to curb...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
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UAE prices boost shares
Abu Dhabi: A surge in cement prices in the UAE sharply boosted the shares of cement firms and allied companies with increases in other share prices to lift the market to a recor...
Indian cement consumption climbs
India’s cement consumption grew by 6 per cent in 2003/04, even as the northern state of Uttaranchal recorded a prodigious 20 per cent growth, a sign of impressive increase...
Alfa Cement to pay no dividend
Moscow: Alfa Cement AGM decided May 27 not to pay 2003 dividend, allocating 29.961 mln rbl as the previous years profit to cover 89.8% of 2003 loss, the company said. KPMG was ...
Construction industry pushes cement demand up
The Mexican cement industry chamber CNIC (Camara Nacional de la Industria del Cemento) estimates the domestic market to increase 4% - 5% on 2004, pushed by residential
Cement Racket Exposed
Police have unearthed a major syndicate in which the East African Portland Cement Company (EAPC) is losing over Sh3 million per month in transport commissions. Sources said two...
Quinn goes green
Irish entrepreneur Sean Quinn has invested about €40 million in wind energy company Airtricity, giving him a 16 per cent stake. Airtricity said his investment was part of an €8...
Call to curb soaring cement prices
UAE Contractors Association (UCA) has urged the government to intervene by fixing the prices of cement manufactured by local companies. In response to the current situation, the...
Investors brace for Australia’s Boral court fight
Australian building products group Boral Ltd has only a slim chance of buying cement maker Adelaide Brighton after the nation’s anti-monopolies body vowed to get the feder...
RMC share disposal
RMC has announced that on 31 May 2004 it completed the sale of 28.9m shares in Adelaide Brighton Limited ("ABL"), representing 5.3% of the issued share capital of ABL, for which...
Kan to succeed Chumpol?
With company president Chumpol Na Lamliang expected to step down next year, young bloods are taking the helm at Siam Cement Group, one of Thailand’s oldest and biggest ind...
Etisalat, Ras al-Khaimah Co for White Cement
The board of directors of UAE Ras al-Khaimah Co for White Cement & Construction Materials elected Sheikh Ahmed bin Humaid al-Qasimi chairman, it was reported on 27 May 2004. The...
Cement prices set to rise by Rs 7 in Mumbai
After a gap of two months, retail cement prices in Mumbai - the country’s largest cement market - are set for a Rs 7 hike, taking the price of a 50 kg bag to Rs 177.
Australia’s Boral Withdraws ACCC Undertaking
Boral Ltd said Friday it has withdrawn an undertaking to Australia’s competition watchdog that the company won’t proceed with a A$$862 million takeover bid for rival...
Rinker’s Earnings Get a Lift From US
Annual earnings for the Rinker Group Ltd’s annual earnings rose 12%, underpinned by the Australian construction-materials company’s extensive operations in the US an...
Cement prices harden in South and West of India
Cement prices have risen in the Southern and the Western regions as the South-West monsoon season approaches. Retail prices have gone up by six per cent or Rs5-10 per bag in And...
Hungarian Bukkosd protests against Strabag cement facility
Hundreds of people protested in the Hungarian village of Bukkosd, southern Hungary, against the plans of local construction company Strabag Rt to build a cement facility there. ...
Kryvyi Rih Cement invests UAH 42m for modernisation, Ukraine
Kryvyi Rih Cement increased production of clinker by 43,332t or 26 per cent to 210,222t and increased production of cement by 45,100t or 17.2 per cent to 307,500t in the January...
DTI shortens testing period, Philippines
Imported cement will now be able to reach the markets faster as the Department of Trade and Industry (DTI) has ordered the shortening of the product testing period to only seven...
Europe – Gearing up for ETS
More and more major corporations are incorporating climate change issues into their business decisions in the run-up to the EU Emissions Trading Scheme (ETS), revealed a major i...
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