Vinaconex to invest over US$3bn
The Vietnam Import and Export Corporation (Vinaconex) will invest more than 3 billion USD to implementing 11 major projects and 30 small-and medium-sized projects.
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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News from Eurocement
Savinsky Cement Works (Arkhangelsk Region) has made 700,000 tons of cement in 2003, 41 per cent up on year, according to Eurocement which controls the enterprise.
Dontsement cuts output
In October-December 2003, cement production company Dontsement (Amvrosiivka, Donetsk region) reduced its production volume by 17.5 per cent from July-September.
Barros key to AdBri bid
Australian building materials company, Boral, continues to negotiate the takeover of Adelaide Brighton. Boral has increased its bid for the cement company by $A0.05 to $A1.60.
Centex Construction Q3 profit rise
Centex Construction Products Inc said its quarterly profit rose 17 per cent, boosted by increased earnings from its gypsum wallboard and concrete and aggregates units and lower ...
India Associated Cement possible merger With Idcol
Associated Cement Companies Ltd (ACC), India`s second-largest cement maker, said Tuesday it is considering to merge unit Idcol Cement Ltd. with the company.
Gujarat Ambuja net profits
Gujarat Ambuja Cements Ltd, India`s fourth largest cement maker, reported a 1.3 per cent drop in quarterly profit on Friday as a result of sluggish prices in its key market. The...
DTI mulling further P5 cut
The Philippine Department of Trade and Industry (DTI) is contemplating on further slashing another P5 off the definitive safeguard duty imposed on all cement imports because of ...
Loma Negra resumes investments
Argentine cement maker Loma Negra plans to resume investments in 2004 and forecast a sales increase of 8.0 per cent year-on-year, the company said on January 16, 2004.
Usje workers demand dividends
The court in Macedonian capital Skopje is to rule shortly on a claim of workers of the local Usje cement plan, owned by a Greek-Swiss joint venture of cement producers Titan Cem...
ACC looks at finance options
Associated Cement Companies, India, is planning to raise about Rs300 crore to part finance its capital expenditure programme, which has been revised upwards following the acqui...
Aussi builders brace for leaner years
The big four -- Boral Ltd, CSR Ltd, James Hardie Ltd and Rinker Group Ltd -- all rode the highs of Australia`s housing boom with record levels of activity and substantial profit...
SCCC`s new acquisition in India?
According to Business Day, India, Siam City Cement Plc is set to announce a new acquisition in India by the end of this month that would rival the deal it had hoped to announce ...
Ruhunu Cement - bids for minority stake
The Sri Lankan government Monday invited bids for its 15 per cent stake in Ruhunu Cement as part of its 2004 privatization program. Bids should be submitted by Jan. 30, the Pub...
Saudi Southern Province profits
Saudi cement producer, Southern Province Cement (SPC), posted a net profit of 500.8 mln Saudi riyals (US$133.5m for 2003, up from 482.4 mln riyalsfor 2002, it was reported on Ja...
USA – Environmental award for Giant Cement
Giant Cement has received an environmental accolade of “exceptional pollution prevention and wildlife habitat results while mentoring others as community leaders in environmenta...
UK – Calls for reopening the Rugby-to-Stockton railway line
Lorry loads of clay from a new quarry at Stockton, Warwickshire, planned by Rugby Cement are causing
New ABB contract
ABB, has been awarded a contract by the consortium leader Ishikawajima-Harima Heavy Industries (IHI) of Japan exceeding Euro 20m, for the new cement production line being built ...
South African cement sales
Cement volumes rose by 13.9 per cent y/y in December to 671,525t after increasing by only 6.8 per cent y/y in November to 875,285t and compared with a 5.9 per cent y/y gain to 6...
Tabuk Cement to raise output
Saudi cement producer, Tabuk Cement Company, will raise its daily cement output to 5700t, it was reported on January 14, 2004.
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