Cement News tagged: International
Siam City Cement says Q1 revenue hit by political fallout
Siam City Cement Plc, the country’s second largest cement maker, has conceded its revenue in the first quarter of this year has already been hit hard by political turmoil and hopes that the unce
Padang notes rise in cement production
Indonesian producer PT Semen Padang in West Sumatra recorded a 6.4 per cent year-on-year increase in production to 1.26Mt in the first quarter of this year. The production was 9.21 per cent higher t
ACC prepares for expansion
Associated Cement Companies (ACC) India, plans to invest about Rs400 crore to expand capacity at its facility in Lakheri in Rajasthan by 1Mta. The company also plans to set up a 25mW coal-based captiv
Russia’s Eurocement to invest more
Eurocement Group plans in 2006-2007 to invest more than 670 million rubles in two cement-producing plants located in Russia’s Belgorod Region, Eurocement Group said in a press release Thursday.
Lafarge to invest in Ciment Rezina
Lafarge said on Thursday it plans to invest Euro 30m to 40m in the next four years in the development of its Moldovan unit, cement producer Ciment Rezina. Lafarge director for Moldova Hubert Pillet to
ACC reports on merger gains
Indian cement maker ACC, said first-quarter net profit rose 42% due to its merger with two of its own units and higher cement prices. Net profit rose to 2.35 billion rupees ($52.6m)
Carib Cement to slash fuel costs
Caribbean Cement Company Limited’s (Carib Cement) shift from liquid fuel to solid fuel will allow it to produce cement at a cheaper cost two years from now.
Saudi Arabia approves new plant
Saudi Arabia’s Ministry of Trade and Industry has approved the establishment of a 1.021 bln Saudi riyals (US$272m) cement plant, it was reported on April 13, 2005.
Russia may face building materials shortage
Russia may face a shortage of building materials by 2008, including cement, prefabricated ferroconcrete structures, roofing, walls and other materials, Vladimir Yakovlev, Minister for Regions’ Develop
Government approves cement plant project
Vietnam’s Deputy Prime Minister Nguyen Tan Dung has recently given a nod to a project to build the Trung Son cement plant in Luong Son district of northern mountainous Hoa Binh province.
Cement shortage hits many southern areas
Fuelled mainly by the construction boom, cement consumption in the south of India grew at a higher rate than the all-India figure in 2005-06 compared to the previous year.
Iskitymcement to double capacity
Russian producer, Iskitymcement OJSC (member of RATM group) is planning to double its production capacity to 3Mta by constructing one more line.
Eurocement sees output increasing
Russia’s Eurocement Group plans to increase output 10-12 per cent on the year to 26.1Mt of cement this year and increase investments in upgrades and development 40 per cent on the year to over 3 billi
Southern Africa cement sales rise
Cement sales in southern Africa rose 18.3 per cent year-on-year to 1.18Mt in March. Sales of cement in the Southern African Customs Union during the first three months of 2006 were 3.05Mt,
Sverdlovsk region to build cement plants
Governor of Sverdlovsk region, Russia, Eduard Rossel held a session where an issue was considered of building cement plants in the region.
Uzbekistan to sell cement unit
The state commission for conducting tenders on the sale of the state assets to the foreign investors announced open tender for the sale of a 26 per cent share of joint venture company Ohangaron Rangli