Cement News tagged: International
Iranian company to set up cement factory in Syria
According to local press reports, the Iranian Ehdas Sanat Company (ESC) has recently won a tender for setting up a cement factory with the capacity of 1 Mta in Syria with US$200m value.
Qatar National Cement seeks US$120m loan for new plant
Qatar National Cement Company (QNCC) will negotiate a US$120m loan to finance the ongoing
Semen Gresik 1Q Net Profit IDR515bn Vs IDR330bn
PT Semen Gresik saw first quarter net profit rise 56% on year because of increased sales, a company spokesman said Tuesday.
ACC Cement Production at 1.79Mt in April 2008
ACC Ltd has announced Cement production and sales figures for the month of April 2008.
Pakistan cement sales up 25 per cent in July-April
Pakistani cement sales increased 25 per cent in the first 10 months of the 2007/08 fiscal year,
UAE cement plants committed to fixed prices
H.E. Mohammed Ahmed bin Abdulaziz Alshihhi, Undersecretary of the Ministry of Economy, affirmed
Siam Cement may spend THB6bn on second Cambodia factory
Siam Cement Pcl, Thailand’s biggest producer, may spend as much as THB6bn (US$189m) to build a second factory in neighbouring Cambodia to triple its production capacity there.
Gulf Finance House plans to create US$2bn cement company
Bahrain-based Islamic investment bank Gulf Finance House (GFH) on Monday said it plans to create a US$2bn cement company, Cemena,
Turkish production grows 3.9% YoY
Cement production grew by 3.9% compared to 2006 and reached 49.3Mt last year, according to data of the Turkey Cement Manufacturers’ Association.
Vicat expands US downstream activities
Vicat’s first quarter turnover was off by 2.1% to EUR471m in absolute terms, but improved by 1.1% on a comparative basis.
Heidelberg, Lafarge, Birla Group lead L&T unit bidders
HeidelbergCement, Lafarge and India’s Aditya Vikram Birla Group are the lead bidders for the ready-mix
Indonesia’s Indocement 1Q net profit more than triples
Indonesia’s second-biggest cement maker, PT Indocement Tunggal Prakarsa, said Friday its net profit more than tripled in the first quarter ended March, aided by
Tasek on the look out for more acquisitions
Malaysian maker Tasek Corp Bhd, which recently announced a RM751m purchase, is still on the lookout for more acquisitions.
Cemex UK sales on the slide
Cemex has said that sales across all its products in the UK will be down this year, according to
Goldsun mulls acquisition in Fujian Province, China
In an attempt to expand production of cement, Goldsun Development & Construction Co of Taiwan’s will set up new plants and acquire others in mainland China.
Athi River Mining in Sh1.2bn rehabilitation project
Kenya’s Athi River Mining has set aside Sh1.2bn to upgrade its Kaloleni cement plant.