Cement News tagged: International
India Cements signs deal for new plant
India Cements Ltd, a private cement firm, has signed a deal with the Himachal Pradesh government today to set up a Rs 750 crore cement plant. The MoU was signed by representatives of both the parties.
Cyprus sales increase
According to the Statistical Service of Cyprus, total cement production increased to 155,000t in April 2006 compared to 149,000t in April 2005,
Minister asks cement cos to bring down prices by Monday, India
India’s Commerce & Industry Minister Kamal Nath Friday asked cement companies to come up with a proposal to reduce prices by Monday. "Government cannot and will not remain a silent spectator to
Five firms shortlisted in Uniland sale, Spain
Five companies have been shortlisted for the sale of a 73.7 per cent stake in Barcelona-based cement maker Uniland, report local press.
PPC planning further capacity boost, South Africa
Double-digit cement demand growth continues according to Pretoria Portland Cement Ltd (PPC) who released their interim results for six months to March.
Cemex decision not in the national interest, Indonesia
The widely publicised decision by Cemex, to sell its 25 per cent stake in publicly listed PT Semen Gresik (SG), Indonesia’s largest cement company, to local business conglomerate Rajawali isa ve
Rinker looks for acquisitions after handout, Australia
Australia’s biggest building materials maker Rinker Group Ltd is fishing for acquisitions as spending on commercial building and infrastructure in the fastest-growing American states keeps a hou
Jamaica sends delegation to Cuba to finalise shipment
Jamaica is sending a four-member delegation to Cuba on Thursday [11 May] to finalise arrangements for the shipment of 64,000t of cement in the wake of a protracted shortage on the island.
Oman Cement Q1 net up 16 per cent
The 51 per cent government-owned Oman Cement Company (OCC) yesterday reported a 16 per cent jump in its net profit at RO4.943m for the first quarter of 2006. Sales rose to RO11.126m in Q1 2006 compare
Government asks cement firms to justify price hike, India
India’s government has asked a body representing cement manufacturers to explain a recent spike in prices and suggest ways they could be moderated, an official said on Wednesday.
Guidelines on cement import freight subsidy, Pakistan
The State Bank of Pakistan (SBP) has issued guidelines to the banks for disbursement of freight subsidy for import of cement.
Kamal to invest Rs 1,000 cr, India
Kamal Cement & Infrastructure Ltd has proposed setting up a 2Mt (in two phases of 1Mt each) cement plant in the Satna district with an investment of Rs 1,000 crore.
Analysts look for higher earnings from Holcim
Holcim could report higher first-quarter profits after the purchase of its third-largest competitor in India and an increased stake in a Chinese partner. Net income may have risen by 32 per cent to Sw
Pakistan lifts ban on cement export to Afghanistan
Pakistan has lifted a ban on the export of cement to neighbouring war-battered country Afghanistan, but has increased its custom duties.
HeidelbergCement unit falters, Bosnia
Tvornica Cementa Kakanj (TCK), a Bosnian cement plant owned by Germany’s HeidelbergCement, said on Tuesday it had a 2005 net profit of 12.34 million marka ($8m), down from 16.02 million marka pr
April cement shipments up (and down), India
Indian companies shipped 13Mt of cement in April, up 10.2 per cent from a year ago, an industry body said on Wednesday. Production in April w