Cement News tagged: International
Low demand high supply bring cement prices down
It’s apparently uncertain times ahead for the Indian cement industry with significant oversupply and lower-than-expected demand looming large. Adding to the woes, says an analyst, are the gener
Concerns over coal supplies
Rising demand for coal in international market has sparked fears that Indonesian exports will rise at the expense of supply to the domestic cement industry. The concern is greater with China’s
No takers in sight for Cemcorp
The Indian government’s renewed attempts to privatise the ailing Cement Corporation of India (CCI) has come to naught with no bids being received for the company’s nine cement plants. Only
Oman’s Raysut to invest US$50m
Omani cement producer Raysut Cement plans to invest US$50m to boost its output by putting into operation a new production line, the company said in a statement to Muscat Securities Market on March 14,
PPC sees earnings up 10-30 per cent
South African cement firm Pretoria Portland Cement said on Monday its profits for the half-year should be 10-30 per cent higher than last year’s thanks to good growth in domestic demand - boosti
Vasavdatta Cement captive power capacity
Vasavdetta Cement, part of Kesoram Industries Ltd is putting up an additional nine-mega watt capacity thermal power plant to supplement its existing 15.7 MW captive power plant at its facilities to br
Turkish Cimsa to invest
Turkish cement producer Cimsa Cimento will invest 42.5 trln Turkish lira (US$32.3m) in clinker production at its grinding, storage and packaging plant in Kayseri, central Turkey, it was reported on Ma
Pakistani cement makers
The All Pakistan Cement Manufacturers Association (APCMA) says that cement manufacturers have not increased cement prices and assured that prices will not be increased in the future. This was informed
Italcementi net profit up
Italy’s biggest cement firm, Italcementi said on Monday its consolidated net profit edged up one percent to 277 million euros in 2003 and said it saw 2004 results little changed. Italcementi sa
Fresh bid to curb overproduction
China is yet again ratcheting up its attempts to curb investment in heavy industries such as steel, aluminium and cement, this time by banning construction of new plants and restricting expansion of e
Turkish production
Turkey produced 28.1Mt of cement in 2003, and 7.3Mt of the output was exported. In 2002, Turkey produced 26.2Mt of cement, and exported 5.5Mt according to the Turkish Cement Producers’ Associat
Serbian building materials
Serbia’s building materials sector exports stood at some $35 mln (28.5 mln euro) for 2003 and imports were nearly $45 mln (36.7 mln euro), according to data of the Serbian Chamber of Commerce (P
Indian construction sector strike?
Three real estate developer associations have called for a nation-wide strike on March 15 this year, in protest against the recent hike in cement and steel prices; they have also demanded that the Gov
Votorantim halts talks over Secil stake
Brazilian cement company Votorantim (VCP) has apparently called off talks with Portugal cement company Semapa over buying a 41 per cent stake in Semapa unit Secil, Publico reports. No reason has been
Juan Minetti posts profits
Increased sales and a successful financial restructuring helped Juan Minetti, Argentina’s second largest cement producer, post a P121m (US$41.3m) net profit in 2003, recovering from a 210mn net
Cement and flyash products
Indian cement companies are trying to woo builders to use flyash-based products, which are considered to be more eco-friendly. The companies of the likes of Grasim, ACC, and L&T, are holding host of w