New plant opened in Iran
A new cement plant, with an annual capacity of 1Mt, started operating in Shiraz, the capital of Iranian
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Anhui Conch eyes expansion
Anhui Conch Cement expects turnover and production to be up by more than 50 per cent this year despite higher coal prices, executive director Guo Jingbin said. Guo said 2.7 bil...
Pakistani prices
The All Pakistan Cement Manufacturers Association (APCMA) has informed the government that cement manufacturers had neither made any increase in cement prices nor had any plans ...
VNCC aims to keep prices stable
The Vietnam Cement Corporation (VNCC) has categorically ruled out an increase in cement prices despite the rising prices of imported raw materials. "With a responsibility to st...
New orders for Gebr Pfeiffer
Vietnam - In September 2003, Gebr Pfeiffer AG received an order from Taiwan for the supply of an MPS 3070 BK type coal mill. Winfresh International Limited, a subsidiary of the ...
Indonesian exports
Indonesia’s nine cement producers sold 7.343Mt of cement and clinker for export in 2003. Clinker exports reached 4.27Mt while cement exports amounted to 3.073Mt. Banglad...
Narmada Dam decision will boost Gujarat
India: The recent decision to raise the height of the Sardar Sarovar Dam on the Narmada by another ten metres is expected to come as a boost to cement companies. While part of t...
Spanish construction update
So far, not much is known about the new socialist government’s intentions relating to the construction industry and the infrastructure investments, but they have given som...
Holcim fixes rights issue
One week ago, Holcim announced that the size of its rights issue to fund the Apasco buyout and previous acquisitions since June 2001 would be CHF 1.5bn. The buyout offer for M...
Pakistani stocks buoyant
The cheer in Pakistan in not restricted to its cricket stadiums. The Karachi bourse is on a one-year winning streak and powering ahead. The KSE-100 has been rising while the wor...
Cement prices set to stabilise by May
Cement prices in Andhra Pradesh India are expected to cross Rs 160 per bag in May and stabilise in that region for the next six months, save for any major company deciding to pl...
Lafarge plan may drive tourists away
UK: Locals are vowing to fight a planned quarry extension, which they say will be disastrous for Westbury’s White Horse. Lafarge Cement hopes to double the size of its st...
Polpaico posts US$16.4m net profit
Chile’s Cemento Polpaico posted a 9.9bn peso (US$16.4m) consolidated net profit in 2003, versus a 9.4bn peso net loss the year before, Polpaico said in a statement to the ...
Jordan Cement Factories net profit jump
Jordanian cement producer Jordan Cement Factories Company (JCFC) posted a net profit of 27 mln Jordanian dinars (US$38.2m) for 2003, up 70 per cent year-on-year, according to th...
CRH agrees to buy stake in Secil
CRH plc, the international building materials group, today announced that it has reached agreement to acquire a 49 per cent equity stake in Secil, a major Portuguese manufacture...
Cut costs with rice husk fuels
Asia’s cement makers are cutting their fossil fuel consumption and turning to the rice paddy across the street for a greener, cheaper and potentially more abundant fuel to...
Nagaland to set up plant
The Nagaland regional government in India will soon set up a Rs 470-crore cement plant having an annual production capacity of 1Mt, with an aim to exporting cement to neighbouri...
Cement prices set to stabilise
Cement prices in Andhra Pradesh, India are expected to cross Rs160 per bag in May and stabilise in that region for the next six months on current indicators, say local news repo...
China’s Huaxin Cement to invest in new production line
Huaxin Cement Co Ltd said its board has approved a proposal to invest 200 mln yuan to set up a new production facility. The company will have complete ownership of the producti...
Dyckerhoff reports Euro249m net profits in 2003
German building materials manufacturer Dyckerhoff AG said on March 17, 2004 its net profit in 2003 stood at Eiuro249m after a net loss of Euro128m reported for the previous year...
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