Ghana weightwatchers
Ghacem has debunked claims by the Ghana Standards Board (GSB) that it had put underweight cement on the market. Briefing Journalists in Accra, Bjarne Schmidt, Managing Director...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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High-chromium cement ban proposed
Construction firms have been invited by the UK Health and Safety Commission (HSC) to comment on its plans to ban high-chromium cement. High-chromium cement is a known cause of ...
Vietnam cement prices
The price of cement will not be increase this year despite demand from cement producers, affirmed Deputy Construction Minister To Van Nga at a meeting to stabilise the cement pr...
MCA notes cement price hike
Islamabad: The Monopoly Control Authority (MCA) has decided to conduct a preliminary investigation into reported hike in the prices of cement by the cement manufacturers. Accor...
Kartellamt raids German cement companies again
The German Federal Cartel Office called on a number of German cement companies again earlier this week. Search warrants were based on complaints from some cement buyers that re...
DTI puts pressure on local cement producers
Seriously doubting the ability of local cement players to reduce prices, the Department of Trade and Industry (DTI) has decided to finally impose the P5 reduction of the P20.60 ...
Holcim’s outlook for 2004
Holcim’s CEO Marcus Akermann, remains optimistic over group prospects for 2004, with Holcim set on selling more cement, aggregates and concrete in its key markets, capable...
Pakistani production and prices
Local cement prices increased in the range of Rs5 per bag to Rs10 per bag on Monday because of rising supply-demand gap but the representative body of cement manufacturers said ...
ACC raises $100m
Associated Cement Companies Ltd (ACC) has raised US$100m by issuing foreign currency convertible bonds (FCCB) and global depository receipts (GDR) to international investors to ...
Kuwait’s Portland Cement profits up
Kuwait Portland Cement Co said on Tuesday its net profit for 2003 had risen 86 percent to 15.14 million Kuwaiti dinars (US$51m) from 8.12 million dinars a year earlier. General ...
Ras Al-Khaimah Co profit rise
UAE: Ras al-Khaimah Co for White Cement & Construction Materials reported a 24.9 per cent year-on-year increase in sales to 113.4 mln UAE dirhams ($30.9m) in 2003, it was report...
Egyptian Sinai Cement net profit rise
Egyptian cement producer Sinai Cement reported an 81.6 per cent year-on-year surge in net profit to 35.56 mln Egyptian pounds (US$5.8m) for 2003. The increase in earnings resul...
Chile cement sales to grow in 2004
The cement industry reported 4.6 per cent growth in sales during 2003 because of ongoing major construction works. Analysts in the sector agreed that the most important job for ...
Ghacem market share
The Marketing Manger of Ghacem, Dr. George Dawson Amoah has said that Ghacem’s 70 per cent market share in the country would not dwindle despite the vigorous marketing str...
Levy on Turkish cement approved
The Israeli Knesset Finance Committee today approved an order by Minister of Industry Trade and Labor Ehud Olmert to impose a levy of US$5.83 per ton on the dumping prices of im...
Lafarge Romania
Lafarge posted a turnover of 6.0 trln Romanian lei (US$187.5m) for 2003 from activities in Romania, up from US$176.8m for 2002, it was reported on March 9, 2004. The company op...
Gujarat asks cement firms to cut prices
To keep the feel-good factor going, Gujarat government has asked cement manufacturers in the state to reduce price of the commodity by Rs10 a bag. In other parts of the country...
ACC sales growth
Associated Cement Companies Ltd (ACC) India’s second largest cement maker, expects revenue to grow 11 per cent in the current financial year, due to strong demand. "Our re...
UK – Cement as green belt saviour
The UK needs 4.4m new homes by 2016, but the pressure on land use by a variety of activities is increasing steadily. The UK government has allocated brownfield areas and derelic...
Cimpor: Spanish expansion offsets Portuguese decline
In 2003, Cimpor generated a turnover of €1,360.9m, an increase of 3.3 per cent on cement and clinker sales 11.1 per cent higher at 18.29Mt. Cement capacity, based on using own c...
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