ACC increased share activity
ACC has seen huge volumes on the bourses in the past two days on rumours that Gujarat Ambuja Cement Ltd is likely to offload its 14.4 per cent stake in the company, held by its ...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Lafarge cement volumes up
Turnover at Lafarge declined by 6.5% last year to €13,658m, but after adjusting for the exchange rate movements, which reduced the sales figure by 9.0%, and businesses disposed ...
Savannah Cement given ultimatum
The Savannah Cement Company in Ghana has been given up to the middle of February this year to start the Buipe Limestone Project. Failure to comply with the directive would resul...
Compañia Uruguaya de Cemento Portland increases sales
The Minas plant of the Compañia Uruguaya de Cemento Portland (CUCP) has forecast to increase its by 150 per cent this year as the neighbouring Ancap plant is expected to close ...
Turkish Bolu Cimento
Turkish cement and clinker producer Bolu Cimento will transfer a ready-mixed concrete facility worth US$3.27m to a new company, it was reported on January 27, 2004. The concre...
Votorantim to invest in its NE Brazil plants
Brazil’s Votorantim group will invest US$200m to double production capacity at its Cimentos Sergipe cement plant in Sergipe state, Gazeta Mercantil reported. The expansio...
Iran technology for Venezuela?
Venezuela is talking with Iranian companies to develop joint ventures in the South American country’s mineral-rich southeast. Corporacion Venezolana de Guayana (CVG) Presi...
Indonesia Semen Gresik 03 cement sales down
PT Semen Gresik said cement sales for 2003 fell 3.2 per centto 14.03Mt due mostly to a drop in exports. Semen Gresik’s domestic cement sales were up 0.9 per cent at 11.97...
Lafarge 2003 sales slip but beat forecasts
The world’s leading cement maker, Lafarge posted a 6.5 per cent fall in 2003 sales on Wednesday, hurt by dollar weakness, likely to be stable year-on-year. Sales fell to ...
Chia Hsin improves in China
Chia Hsin Cement Corp., one of Taiwan’s major cement manufacturers, recently announced it would invest US$100m to build the second kiln at the Jing Yang cement plant owned...
Orascom signs for line No 2
Algerian Cement Company signs contract to build a second production line increasing production capacity to 4.4Mt of cement annually. Orascom Construction Industries announced th...
Ghacem announces gains
At a function in Takoradi last weekend to honour cement distributors, Mr. Bjarne Schmidt, Managing Director of GHACEM announced that the Ghana Cement Foundation (GCF), a division
Cement makers slam government CO2 draft
The UK cement industry has criticised the government’s draft National Allocation Plan that identifies "ceilings" on CO2 emissions from cement as part of an emissions tradi...
Siam Cement expects 50% profit rise
Siam Cement Plc, the country’s largest industrial conglomerate is expected to report full year earnings that will show an increase of at least 50 per cent, with the compan...
Philippines’ DTI to reduce inspection period
The Department of Trade and Industry is contemplating on shortening the inspection period for imported cement to make it easier for imports to come in times of higher prices of ...
TPI says may sell stakes after restructuring
Thai Petrochemical Industry PCL (TPI), the country’s biggest defaulter, said on Monday it could sell stakes to companies such as PTT and Siam Cement PCL once it restructur...
Holcim’s plant in Serbia turns profit
Serbia’s second-largest cement plant Novi Popovac, part of Holcim Group, reported on Monday a 160 million-dinar ($2.76m) net profit for 2003, rebounding from a loss a year...
Eurocement sums up 2003 production results
Eurocement Holdings produced 7.5Mt of cement in Jan-Dec 2003. Eurocement made 816,000t of bagged cement, up 16.6 per cent as compared to 2002. Some 50 per cent of the output falls
New plants for Azerbaijan
Azerbaijan has only one cement plant as it is: Garadagh Cement; its annual productivity equals 1Mt of cement. Considering that the majority
Danish FLSmidth awarded Saudi contract
Danish cement and mineral processing equipment maker FLSmidth was awarded a Euro 40m contract for machinery and equipment deliveries by Japanese heavy machinery maker Ishikawaji...
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