Cement News tagged: International
GE Energy to fund Binani Cement power plant
The moves are part of GE`s initiative to generate more of its earnings from outside the United States by tapping into fast-growing economies
Indian producers agree to "look into" price cut issue
Indian cement making companies have agreed to "look into" the issue of rolling back price hikes announced after last week’s federal budget raised excise duty on the product
Indonesia’s Gresik says no major damages from quakes
Indonesia’s largest cement maker, PT Semen Gresik Tbk , said it had found no significant damage
Cimpor drops bid for Egyptian cement company MISR
Cimpor has dropped its takeover bid for Egyptian cement company MISR Cement Co SAE.
Anhui Conch Cement seeking stakes in 3 listed companies
Anhui Conch Cement Co Ltd is seeking to acquire stakes in three listed companies via share swaps, according to local press reports.
EUR340m bid for Swiss builders is launched by CRH
CRH has launched a EUR340m friendly bid for Swiss building materials and distribution group Getaz Romang in a strategic move that will more than double to c. EUR1bn the group’s turnover in that
Holcim Hungaria submits environmental study for plant
Holcim Hungaria Zrt., the Hungarian unit of Swiss cement producer Holcim Ltd submitted Monday the environmental impact study for its planned HUF65bn (US$339.7m) cement factory in northwestern Hungary.
Lafarge to move regional HQ from South Africa to Zambia
Lafarge, the holding company of Zambia’s Chilanga Cement Plc, has announced its decision to move its regional headquarters from Johannesburg of South Africa to Lusaka, Zambia.
India cement makers unlikely to cut prices – government official
Indian cement manufacturers are unlikely to respond to a government request that industry cut prices to cool inflation, a government official said Monday.
Vietnam produces 5.1Mt of cement in Jan-Feb
Cement makers in Vietnam reportedly produced 2.3Mt of cement in February, raising the total figure to more than 5.1Mt in the first two months of this year, an increase of 23.6 per cent YoY, said the M
HeidelbergCement to divest of Vicat
HeidelbergCement intends to dispose of its 35.03% interest in Vicat during the second quarter of 2007, subject to stock market conditions.
Holcim to invest EUR22m to raise Bulgarian output
Holcim plans to invest EUR22m to expand the output capacity of one of its Bulgarian plants by the end of 2008 in view of fast growing domestic demand, Holcim Bulgaria CEO Todor Kostov said.
Foreign investment in KZN on the rise
Foreign direct investment into KwaZulu-Natal is increasing exponentially, with more than R27 billion invested in South Africa’s second- largest economic hub between 2000 and 2005 alon
FM warns cement firms on price hike, India
n a veiled warning to cement companies which have raised prices after the Budget, Finance Minister P Chidambaram today cautioned cement companies against acting as a cartel.
Pakistan cement sector’s first-half profits down 62 per cent
After receiving 32 percent downward revision in profitability during the first quarter of the current financial year, the profitability of the local cement sector remained under pressure for the secon
Orascom Construction Industries expands aggregates operations in Europe
Orascom Construction Industries announced that Group GLA - 50% owned by OCI - has signed an agreement for a total value of EUR 17.4m for a 100% s