Iran price falls
Apparently due to policies pursued by the Commerce Ministry to stabilise cement prices, the price of this product declined by some nine per cent in domestic markets. The genera...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Tax reductions unlikely
Contrary to expectations, the Pakistan federal government is unlikely to consider a proposal to reduce the central excise duty (CED) on cement in the forthcoming federal budget ...
Cimpor plans shipping fleet
Portuguese cement group Cimpor is planning to start shipping operations, it was reported on May 21, 2004. Cimpor is apparently currently negotiating the purchase of a fleet of v...
Mini-Hemadri to re-open?
With the cement industry buoyant on revival of demand and surge in prices, Hemadri Cements Limited, a mini-cement company in Andhra Pradesh, has firmed up plans to reopen its pl...
Hima calls for more cement roads
Uganda: Hima Cement managing director, Mr Mbuvi Ngunze, has said government should increase the use of cement in road construction. He said that experts in road construction no...
Cement production up by 23.5%
In April, cement production in the Ukraine rose by 23.5 per cent or 186,000t compared with April 2003, to 977,000t. In April, cement production rose by 28.9 per cent or 219,000...
PPC result comment
Pretoria Portland Cement has set the tone for the upcoming reporting season with strong interim and full year results. PPC was largely driven by improved infrastructural develo...
Colombian group Argos leads profit ranking
In the first quarter this year, Colombian cement group Argos consolidated its position as one of the most solid organizations in the country and with the highest profit volume. ...
Grasim, L&T to vote together
Larsen & Toubro (L&T) will vote with Grasim Industries in the demerged cement company UltraTech Cemco till it exits the company in 2009. This is significant because after Grasi...
Semen Padang spin-off protests
Dozens of local public leaders and senior politicians have renewed their pressure on the central government to spin off West Sumatra-based cement maker PT Semen Padang from its ...
Lilama signs for new plant
Representatives of Hung Vuong Cement Plant and Vietnam Construction and Machinery Installation Corp, or Lilama, signed an engineering and procurement (EPC) contract on Saturday ...
Indonesian cement output up
Indonesia’s cement consumption in the first quarter of 2004 reached 6.652Mt, which was a 9.7 per cent increase compared to the 6.064Mt in the corresponding period of 2003....
Has the tide turned?
Six months of exceptionally high levels of ocean freight rates have finally brought the trading market back to the conditions that we regarded as normal, prior to 1997. Those wh...
Cement merger on the cards?
The Competition Tribunal is expected to hear two large mergers next week between three cement manufacturers -- Alpha, PCC and Lafarge -- and a proposed transaction involving in...
Cement firm builds to meet demand
Taiwan-based Chia Hsin Cement Greater China Holdings says it will complete a planned cement grinding mill and a new production line on schedule to meet surging demand for high-g...
TPI gets green light to bid for partners
Bangkok Bank Plc (BBL), in its capacity as a creditor of the Thai Petrochemical Industry Plc (TPI), said it has no objections to a plan to bring in PTT Plc (PTT) and Siam Cement...
Monarch Cement hits a high
EBITDA for The Monarch Cement Company for its quarter ended March 31, 2004 was $2,552,643, a 232 per cent increase over the year earlier same quarter when Monarch Cement generat...
Thai ready-mix trends
The Concrete Products and Aggregate Co (CPAC), a ready mixed concrete producing unit of Cementhai Company, said its total sales¹ revenue this year is expected to reach 10 billio...
Cemex pushes US to lift duties
Cemex is once again pushing the United States to lift its anti-dumping tariffs on Mexican cement (in place since 1990) and says it would help ease a shortage of the product in t...
Titan first quarter advance
The Titan cement group saw turnover increase by 10.7% to EUR231.6m and the operating profit at the EBITDA level rose by 32.0% to €55.3m, while the pre-tax profit more than trebl...
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