Cement News tagged: International
Indonesian cement gains
State-owned firm, PT Semen Gresik, the country’s largest integrated cement producer, has projected that the cement industry will fully recover next year on the back of robust demand for property
Syria’s cement market rising
Syria’s consumption of cement is expected to reach 6.4Mt this year, according to Hassan Beydoun, Director-General of OMRAN the state-owned company affiliated to the Ministry of Economy and in ch
Lawsuit against two companies
A group of Palestinians have filed a lawsuit at Nablus court against Toraify and Baraka companies charging them of selling cement to Zionist companies, which in turn used the Egyptian cement in the se
Five commercial banks grant credit
Five commercial banks have signed a 1,830 billion VND credit contract with the Viet Nam Construction and Import-Export Corporation (Vinaconex) for the construction of Cam Pha cement plant in northern
![Loma Negra’s price too high for Cemex?](/content/uploads/images/International_thumb.jpg)
Loma Negra’s price too high for Cemex?
Cemex is never scared to shell out cash for acquisitions but a $1 billion price ticket for Argentina’s biggest cement maker Loma Negra is seen as too high. Analysts said on Thursday that Cemex
Cement makers drive export volumes
Even as the export demand for cement has risen significantly in recent months from West Asian countries, only the coast-based cement companies like Gujarat Ambuja Cements (GACL) and L&T Cement (now kn
![New grinding mill](/content/uploads/images/International_thumb.jpg)
New grinding mill
Gujarat Ambuja Cement Ltd (GACL), the fourth-largest cement producer in India, will be setting up a 1.2Mt grinding unit at Dadri in Western Uttar Pradesh with an investment of about Rs100 crore. GCAL
Circle Cement to upgrade
CIRCLE Cement Limited has embarked on a plant refurbishment programme in efforts aimed at bolstering its market competitiveness as well as enhancing production capacity. The company is currently opera
End to Mexican tariffs?
Many US Companies would like to see the duties removed from Mexican products to ease shortages. The US construction industry, suffering from a cement shortage that is raising building costs and delay
Cementir’s strategic options
The announcement that Cementir is to take over Aalborg Portland in Denmark and the Danish Unicon ready-mix business, might provide some refreshing news for the independent cement sector, although this
Argentina’s Loma Negra Seeks Buyer
Reported in the Wall Street journal, Argentina’s largest cement company, is putting itself up for sale in a deal that could attract global industry powerhouses, people familiar with the matter s
Joy for Rinker
A competitor’s problems in the US are likely to translate into profits for Australian-based Rinker Materials. Just as the world’s oil producers continue to struggle meeting global demand,
Incehsa denies interest in rival
Honduran cement company Incehsa has dismissed speculation that its French parent company Lafarge has launched a $US50mn bid for its Honduran competitor Cemento América. Honduran daily La Prensa, citin
Cements crumble on price news
A report that Egypt’s government was looking into recent cement price rises dragged down the price of some cement stocks on an Egyptian bourse which was broadly unchanged on Thursday, traders sa
Could Cemex manoeuvres backfire?
The Mary Nour saga continues apace although for the crew idling time away in the port of Altamira, it might look as if they will have to wait some further time before they are eventually able to disch
Argentine cement maker seeks buyer
Loma Negra, Argentina’s largest cement company, is putting itself up for sale in a deal that could attract global industry powerhouses, people familiar with the matter said. Bankers say the com