Cement News tagged: International
Eagle Materials to increase cement capacity
Eagle Materials in the United States which in January completed the purchase of the outstanding 50 per cent of the equity in Illinois Cement Company for US$72m, is investing
China’s Tangshan Jidong Cement
Tangshan Jidong Cement Co Ltd said its 2004 net profits fell 2.93 per cent from a year earlier to 142.99 mln yuan due to increased costs from coal, power and transportation. The
Philippine Court of Appeals stops SEC order
The Court of Appeals has stopped the Securities and Exchange Commission (SEC) from enforcing its instruction to Cemco Holdings Inc to buy out the minority shareholders of
Turkey’s 2004 Cement output
Turkey’s cement output stood at 38.8Mt in 2004, surpassing 28.1Mt in the previous year, the Turkish Cement Manufacturers Association announced. Turkey produced 26.2Mt of cement
Cemex sees EBITDA flat, revenues up
Cemex expects its core earnings to come in flat in the first quarter, held back by fewer business days because of Easter. Cemex said on Monday it expects EBITDA to be about $560m in the January-March
Catalonian cement demand increases
Cement demand in the Catalonia region, northeastern Spain, stood at 6.2Mt in 2004, a 2.85 per cent YoY increase, the local cement makers association Ciment Catala said.
Cement sales up in February, Pakistan
Pakistan cement sales showed an increase of 11 per cent in February against the same period of last year, bringing the average cumulative growth of 18 per cent during the last eight months of current
Vietnam Faces Cement Shortage in 2005
The Vietnam Cement Corp. VNCC) has predicted that the shortfall of cement would continue this year due to booming demand. The cement demand is estimated at 29.1Mt while production volume will be jus
Aceh rebuilding to start March 26, Indonesia
The Indonesian government will officially kick off rehabilitation and reconstruction programs in tsunami-ravaged northwestern Aceh province on March 26, the Jakarta Post reports.
Cement industry hit by higher coal prices
Vietnam’s cement industry has been seriously hit by surging coal prices, a major fuel used to produce cement, said cement producers at an industry seminar in Hanoi March 9. The prices of coal ha
Lafarge to complete new cement works in Mexico
Lafarge expects to complete the construction of a new cement works in thestate of Hidalgo by the end of 2005 or the beginning of 2006
Kryvyi Rih Cement increases production
Kryvyi Rih Cement (Dnipropetrovska region, Ukraine), one of the countries five largest cement producers, increased cement production by 12,200t or 29 per cent to 54,300t in January, compared with Janu
Fletchers to spend on cement expansion
Increasing demand for cement from the New Zealand building boom has prompted Fletcher Building to spend $60m on its plant at Whangarei. Mark Binns, Fletcher’s chief executive of concrete, said l
Lafarge starts Batangas expansion
Lafarge Cement Services (Philippines), Inc one of the country’s largest cement manufacturer, plans to invest P250 million this year to increase the production capacity of its
New grinding plant for Sudan
Cement Industries Malaysia Bhd (Cima), the country’s third biggest cement producer, plans to set up a M$50m (US$13.1m) grinding plant in Sudan to expand its export market, the New
Indonesia expects immediate construction of three plants
The government is expecting the immediate construction of three new cement plants worth US$481.2m after the issuance of investment permits to three foreign investors, the Investor