Cement News tagged: International
India’s ACC says Q2 net profit falls 14 per cent
ACC Ltd, India’s second-largest cement producer, on Thursday reported a 14 per cent fall in the June quarter
Semen Gresik Seeks Shareholders’ Approval on Bonds
PT Semen Gresik Tbk has planned to arrange extraordinary general meeting of shareholders (EGMS) at the end of September to ask for approval to issue some bonds.
Bids for HeidelbergCement’s Maxit value unit At EUR2bn
HeidelbergCement AG has received bids for the auction of its Maxit unit that value the unit around EUR2bn,
Albania gives Titan go-ahead for plant construction
Albania’s government said on Wednesday it has given the green light to Titan for the construction of a cement plant worth some EUR250m.
MSP group plans cement unit in north-east
MSP group is planning to set up a 1Mt cement unit in north-east India, according to its director Saket Agrawal.
Strike at Lafarge’s Sichuan cement plant ends; aimed at former proprietes - CEO
Production has resumed at Lafarge Shui On Cement Ltd plant in Sichuan province after a strike which lasted more than two weeks was aimed at the former proprieters
Zanjan opens first cement factory, Iran
Iran’s Social Security and Welfare Minister has inaugurated the first cement factory in Zanjan province located 60km from its capital.
Brazil: Holcim considers cement expansion
With an eye in the heated civil construction market Holcim is planning to add capacity either setting up its fifth cement plant or expanding existing units.
Vietnam: cement production- supply will exceed demand
In the face of the increasing number of cement plants being built throughout the country, supply will be 8Mt higher than demand by 2010 and there will be 8Mt of surplus cement by 2011.
Birla Corp plans cement expansion
Birla Corporation Limited, the flagship company of the MP Birla group, is planning to expand its cement manufacturing capacity by setting up greenfield units
Official confirms start of talks with international cement firms, Honduras
The Honduras government has started talks with international firms interested in competing in its cement market
Zambia not to waive duty on imported cement
Zambia has no intention to waive duty on imported cement because the emphasis for the economy is to enhance production of the commodity locally, a government minister has said.
Cement output in Morocco rises by 18.5% in first two quarters
Production in Morocco’s cement industry increased by 18.5% in the first half of 2007, compared to a 10.4% growth in the same period during 2006
Athi River Mining profits jump 63 per cent, Kenya
A significant reduction in manufacturing costs has seen Athi River Mining record a 63 per cent increase in its profits before tax to Sh285 million for the half-year period ended June 30.
BCP rejects Berardo’s offer for 10 per cent of Cimpor
Banco Comercial Portugues has rejected Portuguese businessman Joe Berardo’s offer for its 10 per cent stake in Cimpor
JP Morgan reviews Florida mine-shut down implications
As we reported on CemNet yesterday (Environmental News), limestone mining has to cease this week at a number of important quarries in the Florida Lake Belt region namely: White Rock Quarries, Tarmac