Cement News tagged: International
High realisations boost ACC
Associated Cement Companies (ACC) reported a 182 per cent increase in net profit to Rs78.6 crore (US$11.72m) for the second quarter ended September 30 (Rs 27.9 crore for the corresponding quarter of t
Thai TPIP creditors approve debt plan
Creditors of TPI Polene PCL, Thailand’s No. 3 cement maker, approved on Thursday a plan to restructure its $600 million debt, a Justice Ministry official said, driving its shares up nearly three
Buzzi Unicem expands in Spain
Italian cement group Buzzi Unicem has acquired a 68 per cent stake in Orionidas, a fledgling Spanish import company, for around Euro 680,000. Orionidas had tried to set up a new grinding facility in
Chinese Firm To Invest $100m in New Cement Plant in UAE Fujairah
A Chinese company will invest over $100m to establish a new cement plant in the UAE emirate of Fujairah, it was reported on October 27, 2004. Construction works on the new plant, which will be set up
![Indonesia Sept cement consumption up 11.5 per cent](/content/uploads/images/International_thumb.jpg)
Indonesia Sept cement consumption up 11.5 per cent
Indonesia’s cement consumption grew 11.5 per cent in September from a year earlier to 2.92Mt, the country’s largest cement producer PT Semen Gresik said, reflecting strong building activit
Mary Nour stranded for over 100 days
It has now been more than 100 days that the ship Mary Nour and its crew of 41 have been stranded in the Mexican port of Altamira, forbidden from unloading its cargo of cement. CDM, the company trying
![Rail tariff increase will affect cement industry](/content/uploads/images/International_thumb.jpg)
Rail tariff increase will affect cement industry
South African rail tariff increases will affect the local cement industry - Aveng SA’s largest construction group, Aveng, has warned that the mooted 40% increase in rail tariffs will have a sign
Readymix seen as springboard for eastern Europe
The acquisition of UK cement company RMC by Mexican group Cemex will also represent a step towards expansion on the German market for the Mexican company, as Readymix, the German subsidiary of RMC, ra
Cement unit may go on stream next month
The first phase of Century Plyboards’ one-million-tonne cement plant in Meghalaya is expected to be commissioned next month, and the second phase in December 2005. According to Mr Sanjay Agarwa
Kirchdorfer Group to build US$6.0m plant
Austrian industrial group Kirchdorfer plans to build a $6m facility for production of sand, gravel and concrete near the Bulgarian Black Sea port city of Burgas, Bulgarian business daily Dnevnik said
India infrastructure output
India’s infrastructure output growth picked up in September, although the pace of expansion was slower compared with the year-ago month. Infrastructure output rose 5.9% on year in September, fas
Saudi Jan-Sept 2004 cement sales
The combined sales of Saudi Arabia’s eight cement companies rose to 4.0 bln Saudi riyals ($1.067bn) in the first nine months of 2004 from 3.7 bln riyals ($987m) in the year-ago period, it was re
Nesher Cement to build private gas-driven power plant
Nesher Israel Cement Enterprises is Israel’s sixth company to announce plans to build a private natural gas-driven power station that will compete with IEC.
Orascom to invest in cement industry in Pakistan
A senior delegation of Orascom Telecom SAE of Egypt met with Prime Minister Shaukat Aziz in Islamabad recently and discussed opportunities in Pakistan’s fast-growing telecom sector. Mr. Naguib Sawiris
APCAC Conference Trinidad
In his role as APCAC President, Christian Agnes of Lafarge Ciments Antilles had the pleasure of opening the APCAC XXI Technical Conference 2004 held at the Trinidad Hilton Hotel, Port of Spain. More t
Cimpor To Buy 54% stake in Mat Atlantico
Cimpor-Cimentos de Portugal said Monday it has agreed to buy a 54 per cent stake in Spain’s Materiales del Atlantico for EUR4.55m. In a statement, Cimpor said the transaction will be carried ou