Dirty tricks at Karaganda
Shareholders of Central Asia Cement enterprise (former Karaganda cement plant) are judicially deciding the right to own the property. Last Monday in Karaganda a press conference...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Cement sales up 5.5% in 2003
The Indian cement industry has ended fiscal 2003-04 with a 5.5 per cent rise in despatches at 117.13Mt as against 111.07Mt in fiscal 2002-03.. Production for the year was 117.43...
Yanbu Cement Q1 net income up 16 per cent
Yanbu Cement reported its first quarter net income, after Zakah, rose 16 per cent from a year earlier to reach SR 104.9 million ($28m). In 2003, Yanbu Cement delivered 100 perce...
Holcim’s capital hike less dilutive than expected
Holcim will issue fewer new shares than expected in a capital increase to raise 1.5 billion Swiss francs ($1.18 billion), the world’s second biggest cement group said on T...
Attock Companies intend to double capacity
Pakistan, with its fast-improving economy, offers a conducive investment climate with tremendous potential, opportunities and rewards for foreign investors, Ghaitch R Pharon, Ch...
Good interest in Saadi Cement stake
Pakistan: Several companies have shown interest in buying 51 per cent stake in Saadi Cement Ltd to help the company to run commercially. Faysal Bank Ltd, the financial adviser o...
Egyptian Sinai Cement goes for more loans
Egyptian cement producer Sinai Cement will receive loans worth a total 245 mln Egyptian pounds ($39.8m) from the National Societe Generale Bank (NSGB) and HSBC Bank Egypt, it wa...
Turkish Bursa Cimento
The management board meeting of Turkish cement and clinker producer Bursa Cimento decided on April 8,
More concrete for Siam Cement
CPAC Concrete Products, a unit of the Siam Cement Group, yesterday outlined plans to invest a total of 500 million baht this year to expand its five factories to support revenue...
Thai exports to be phased out
Eight local cement producers have agreed to gradually cut their exports to zero within the next five years after Prime Minister Thaksin Shinawatra expressed concern over the ind...
Asia Cement to invest NT$20bn in China
Asia Cement Corp, Taiwan’s leading cement producer and a subsidiary of the Far Eastern Group, will spend NT$20 billion (US$607.9m) to set up several cement plants and kiln...
More growth in Pakistan
Cement data has been released by the All Pakistan Cement Manufacturers Association (APCMA) showing 14.2 per cent total cement dispatches growth for the first nine months of 2004...
Vietnam in focus
Vietnam’s Party General Secretary Nong Duc Manh has expressed his hope that the cement industry will work out an effective scientific action programme to develop rapidly a...
Egyptian Sinai Cement
The net profit of Egyptian cement producer Sinai Cement may exceed 65m Egyptian pounds ($10.5m) in 2004, according to the estimates of French building materials supplier Vicat, ...
Iran could import 1.0Mt of cement
Iran could import 1.0Mt of cement in the next three months, Deputy Minister of Industries and Mines, Djafar Sarkini said on April 7, 2004. The Iranian Government set a 1.5Mt ce...
L&T cement division demerger to be over by June
Larsen & Toubro today said the process of demerging its cement division into a separate company Ultra Tech CemCo would be over by the middle of this year. "The process of cemen...
Taiwan Cement sued over waste
Environmentalists yesterday sued Taiwan Cement Corp for illegally discharging waste oil in Hualien, while urging the Environmental Protection Administration (EPA) to release a r...
State lung unit joins foes of proposed cement plant
Citing concerns about air quality, the American Lung Association of New York State Wednesday joined the coalition fighting St. Lawrence Cement’s plans to build a cement pl...
China’s March industrial production grows 19.4%
China’s industrial production growth accelerated in March, suggesting the government may need further measures to cool Asia’s second-largest economy. Factory produc...
Cement Producers to give up exports in five years
Thailand: Eight local cement manufacturers have agreed to gradually cut their exports to zero within five years, the Bangkok Post reports, quoting Nopadol Ramayarupa, chairman ...
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