Cement News tagged: International
Venezuela nationalises cement industry
Venezuela’s government extended its control of the economy with accords to take majority stakes in the local units of Lafarge and Holcim and by physically taking over the factories of Cemex.
PCA downgrades 2008 demand forecast
An increasing unemployment rate, higher inflation, and low consumer sentiment will combine to have lingering negative effects on the US economy and,
Taiwan’s Asia Cement China plants outperforming sector
Asia Cement Corp is posting utilisation rates higher than the industry average for its plants in China, the Economic Daily News reported, citing the company’s head of mainland operations.
Sri Lanka: resumption of KKS factory will ease cement shortage
The shortage of cement will ease in Sri Lanka as steps have been take to recommence work at the Kankesanthurai Cement factory shortly,
Indian cement makers’ woes to continue till monsoon ends
Even as the agreed moratorium has come to an end, the woes of cement industry is likely to continue till the end of the monsoon as it finds difficult to pass on the raw material costs to consumers due
DJ Venezuela to proceed with cement nationalisation
Venezuela President Hugo Chavez said he’ll proceed with the nationalisation of his country’s cement industry, and has given Cemex, Lafarge and Holcim until Tuesday to comply,
Ohorongo investment, Namibia
Ohorongo Cement, which this week received a mining licence from the Ministry of Mines and Energy, is to invest N$2.5bn in constructing a modern cement plant between Tsumeb and Otavi.
Armenia cement plant sold to Russian company
A Russian industrial group has acquired one of Armenia’s two cement plants located in the central town of Hrazdan, according to an Armenian news agency.
Tangshan Jidong Cement to set up new production line
Tangshan Jidong Cement Co, a China-based construction materials manufacturer and distributor, announced that it has signed an agreement with Laishui County government to set up a new cement line.
Government to abolish import duty on cement, Russia
A working group of the Russian government’s commission for protection measures in foreign trade has unanimously endorsed abolition of the cement import duty indefinitely, Kommersant reports.
Anhui Conch Cement 1H net profit up 46 per cent
Anhui Conch, China’s largest cement producer by output, announces its first-half net profit rose 46% from a year earlier on strong sales volume growth and cement prices.
Ukraine cement production down by 0.1% to 1.84Mt
In July 2008, cement production in Ukraine fell by 0.1%, compared with July 2007, to 1.84Mt.
TCL to adjust domestic, international prices
Trinidad & Tobago cement manufacturer Trinidad Cement Limited (TCL) will introduce a new price structure starting September 1
Akmenes 1H revenue up 42 per cent, Lithuania
Lithuania’s only cement manufacturer Akmenes Cementas said on Wednesday its sale revenue for the first seven months of this year soared by 41.5 per cent YoY to a record high of LTL178.3m (EUR 51
JP Associates to set up cement units in Madhya Pradesh, India
Jaiprakash (JP) Associates has signed four MOUs with Madhya Pradesh Government to invest
India: cement prices may increase
Cement producers in Indaia are likely to raise prices after an agreed moratorium with the Union government ends on Thursday, as the industry continues to face rising costs of raw materials such as imp