Cement News tagged: International
JK Cement expansion on track, India
The capacity expansion programme of both white and grey cement are on schedule say JK Cement India. According to Mr A.K Saraogi, President, Corporate Affairs and CFO the capacity expansion programme o
Inekon to build cement works in Tajikistan
The Czech Inekon Group will build a new cement works worth US$100m in Tajikistan in two years under a contract recently signed with the company Izmoili Somonij. Inekon Group said in a press release on
Pakistan cement market report
While expressing the hope that increase in cement demand will continue in months ahead, as GDP growth levels has stabilised above the six per cent per annum mark, Tariq Saigol, chairman of the All Pak
Aditya Birla Group’s cement despatches, India
Aditya Birla group’s cement production for March this year grew by 12.72 per cent at 2.853Mt, while despatches rose by 10.87 per cen
Orascom suspends US$350m cement investment
Egypt’s Orascom Group, handling construction work at the proposed US$350m Nigerian United Cement Company (UNICEM), cement production plant in Mfamosing, Cross River State, has closed down, following v
Morten Gade’s open house
The Managing Director of Ghacem, Morten Gade, has commended the Government of Ghana for adopting sound fiscal policies, many of which have turned the country into one of the best business destinations
Russian court cancels antitrust ruling
Russia’s Ninth Arbitration Court of Appeals ruled Friday to cancel a ruling of the Federal Antimonopoly Service (FAS) obliging Russian cement producer Eurocement to cease its alleged antitrust violati
Cement terminal plan angers residents
Local anger at plans for a A$32m industrial complex on Sydney Harbour came to a head in the streets of Balmain yesterday. Reportedly, more than 100 people turned out to protest against a proposed cem
Cement looks solid
The demand for cement in India continues to grow and despatches of major companies have been showing a concrete trend. With strong demand having firmed up cement prices, shares of the companies have d
EBRD to own 20 per cent of Garagah
The European Bank for Reconstruction and Development (EBRD) will purchase 20 per cent of the stock owned by Holcim, which gained a controlling interest in the company back in 1999 following privatisat
Buzzi Unicem 2005 net profit jumps
Italian cement and construction firm Buzzi Unicem posted a 46 per cent increase in 2005 net income to Euro 255.6m, helped by growing cement sales, it said in a statement on Thursday. The group, whose
US cement import quotas from Mexico
The agreement between Mexico and the US to end their 16-year dispute over cement exports will come into force April 3 and the Mexican government has published the list of export quotas in its official
Cement prices firming up on strong demand
Indian cement prices are once again displaying signs of firmness in several cities. This time, strong demand in the pre-monsoon period, rather than rising freight costs for manufacturers, appears to b
Cement crisis no surprise
Ellis Hazel, said the current cement crisis in the Caribbean “did not just creep up on” the region. “It was showing signs that we would have a crisis, especially leading up to World Cup 2007,” Hazel t
Albert Frere keeps building Lafarge stake
Albert Frere, the Belgian entrepreneur, has increased his stake in Lafarge to more than eight per cent in a move that throws into question the future of the world’s largest cement group.
Five banks sign for new line
Five commercial banks signed a contract in Hanoi on March 29 to provide US$120m for a project to build the second line of the Chinfon Hai Phong Cement Plant in the northern city of Hai Phong.