Cement News tagged: International
NTT Government Eyes Semen Kupang’s Stake
The government of East Nusa Tenggara (NTT) will take over the stake of Bank Mandiri at PT Semen Kupang by injecting IDR50bn to the cement processing company.
Syria seeks to buy 1Mt of Ukrainian cement
Syria is seeking to buy 1Mt of Ukrainian cement, Syria’s Finance Minister Muhammad al-Husayn said during the Ukrainian-Syrian business forum in Damascus, Syria. He noted that his country needs t
Vassiliko lifts sales and profits, Cyprus
Vassiliko Cement Works (VCW) reported a strong set of first quarter results with net profit rising four per cent YoY to CYP 1.89m as sales domestically and abroad increased.
CRH locked in legal battle for Spanish cement firm
CRH is facing a massive legal battle in Spain, according to local news reports, following Spanish cement company Cementos Portland Valderrivas (CPV) said it has paid EUR 1.09bn for 51% of the Catalan
Republic eyes government projects to boost revenues, Philippines
Republic Cement Corp of the Philippines is eyeing government infrastructure projects this year to boost its revenues.
Eurocement Group Ukraine to invest
Eurocement Group Ukraine, a subsidiary of Eurocement Group (Moscow) plans to invest about UAH100m in development of its cement plants Baltsem (Balakliia, Kharkiv region) and Pushka (Kramatorsk, Donets
Oleg Deripaska aims for Cement holding
Russian aluminium king Oleg Deripaska, the director of RUSAL Holding, is establishing a cement holding. The basic element company he owns is reportedly building two cement factories, in the Ryazan R
Sanctions loom for Caribbean Cement Company, Jamaica
Despite accepting responsibility and apologising for releasing 500t of faulty cement into the market earlier this year, Caribbean Cement Company Limited (CCCL) is now facing the possibility of heavy p
Cementos Portland buys Uniland, Spain
Cementos Portland Valderrivas (CPV) said on Monday it has paid EUR 1.092bn ($1.40bn) for 51 per cent of Catalan cement firm Uniland.
Cemex to close stake sale in Gresik, Indonesia
Cemex plans to complete its sale of a 24.9 per cent stake in state-run cement firm PT Semen Gresik to the Rajawali Group by June 23 or a week after that at the latest, Bisnis Indonesia reported, quoti
Cement majors’ May sales up, India
Indian cement manufacturers have reported widely varying YoY sales for May 2006.
Uniland opens two cement terminals in the US
Spanish cement manufacturer Uniland has started up two cement distribution centres in the US state of Louisiana, and plans to open another.
Higher allocation to boost cement industry, Pakistan
A higher public sector investment programme is likely to keep the demand for cement in Pakistan on higher side and support bottomline growth of the local cement producers. Atif Malik, an analyst at Ja
Investment in Turkish cement plants
According to the data obtained from the Treasury Undersecretary in Ankara, incentive certificates for five complete investments were received for the Turkish cement sector in 2005, commitments of YTL
Cement shortage threatens building boom, US
Just as the US summer construction season begins, companies are struggling to find enough cement. The real estate market shows no sign of cooling, but there could be a cloud on the horizon. In parts
HeidelbergCement’s confidence in Sierra Leone
The 10 million leones that Heidelberg Cement recently invested in Sierra Leone has been described by observers of multinational corporations as a sign of the Cement Company’s huge confidence in post-w