Cement News tagged: International
Prices rise in Gujarat
Cement prices in Gujarat are set to rise by another Rs10 per bag. This hike, which is expected to be effected from the beginning of March, will take retail prices in the state to the Rs 170 levels. Th
Gresik to delay sell-off?
President of state-owned cement producer PT Semen Gresik (SG) Satrio said the government should postpone its plan to sell more shares in the company to Mexico’s cement giant Cemex SA, pending a
Holcim’s Vietnam 2004 cement sales
Holcim Vietnam upbeat about its good performance and the positive market sentiment is looking to boost 2004 sales by nearly 24 per cent year-on-year to 2.6Mt. Sales and marketing director Laurent Hou
Antitrust Office looks at Berger Slovakia-PCLA Concentration
The Slovak Antitrust Office (PMU) launched administrative proceedings on the concentration of Berger Slovakia Ladce and cement producer Povazska Cementaren Ladce (PCLA) in early February. Simultaneous
Chilean Cemento Melon
Chilean cement maker Cemento Melon SA, controlled by French cement and concrete maker Lafarge, will establish a real estate unit, under the corporate policy to enter the property sector, Cemento Melon
Hawaiian Cement workers resume talks
Striking concrete workers at Hawaiian Cement Co. will be back at the bargaining table Thursday. The federal mediator has asked Hawaiian Cement and the Teamsters Union to look at new approaches to hea
China’s Dongguan to close most cement plants
Dongguan city in the prosperous southern Chinese province of Guangdong has decided to close down 47 of its 48 cement plants to improve environmental conditions, Beijing Wen Wei Po reported.
Conch largest shareholder completes restructuring
Anhui Conch Cement Co Ltd has said its largest shareholder, Anhui Conch Group Co Ltd, has been restructured into a joint-stock company with approval of the Anhui provincial government.
Philippine Cement companies told to reduce prices
The Department of Trade and Industry (DTI) has given cement firms until end of the month to toe the line by reducing their prices to reasonable level otherwise a decision would be issued reducing the
Indian cement demand to grow 7-8 per cent in medium-term
The Indian cement industry, which has been witnessing a surplus position for a long time, is likely to see a decline in the extent of the surplus in the immediate to medium-term
Regulators approve Holcim offer for Apasco
Mexican regulatory authorities have authorised the US$750m buyout offer from Holcim Ltd, for the rest of its Mexican unit Holcim Apasco that it does not already own.
Ramco new plant
Ramco Industries is adding a sixth cement plant at Kharagpur in West Bengal to its five-strong cement plant network, three in Tamil
Memorandum of understanding for cement workers
The management and staff of the Caribbean Cement Company will this week meet with trade unions to begin working out details for a Memorandum of Understanding.
Hanson’s profits hit by California and the dollar
Hanson PLC, the global leader in aggregates, generated a turnover of €5,723.5m, a decline of 1.1 per cent entirely because of the weakness in the US dollar. The operating profit at the EBITDA level e
Bamburi’s Pre-Tax Profit Falls
Kenya’s largest cement-maker has reported a 16 per cent decline in pre-tax profit for the year ending December 2003. Bamburi Cement Company, which is partly owned by Lafarge, is also reaping th
Holcim and HeidelbergCement to split Belgian concrete business
As first highlighted by ICR in October last year, HeidelbergCement and Holcim have now decided to split up the jointly owned ready-mixed concrete producer Inter-Beton and are currently negotiating how