Cement News tagged: International
Cimpor to acquire 50 per cent in Ecuador state-owned plant
Portuguese cement producer Cimpor will acquire 50 per cent in Ecuador state-owned cement plant Cemento Chimborazo, Ecuador’s president Rafael Correa said in his usual Sunday statement to the cit
Kenya: Pokot residents excited about cement factory
Construction of a cement factory in Pokot will transform the livelihood of the local community by providing income that will improve their living standards, district development officer Ms Gladys Kiny
Binani Cement looking to buy cement companies across India
Binani Cement Ltd is planning to acquire cement companies to expand its presence beyond India’s
India: Star Cement to invest in new plants
Cement Manufacturing Company Limited (brand name - Star Cement) is planning to invest nearly INR1100crore (US$22.7m) to meet the growing demand of cement in the North East.
India: Bokajan plant to increase cement output
The Ministry of Heavy Industries as part of its 100-day agenda has proposed to Cement Corporation of India (CCI) to expand capacity of Bokajan factory
Holcim invests US$243m in Chinese cement co Huaxin
Holcim a major shareholder of Chinese cement firm Huauxin Cement Co Ltd, has unexpectedly decided to spend ¥1.6bn (US$234m)
Saudi Arabia: Southern Cement may freeze expansion plans
A Saudi ban on cement exports may force Southern Province Cement Company (SPCC) to freeze expansion plans and prevent it from meeting contracts worth a fifth of its 2008 production
China to regulate cement production
The Ministry of Industry and Information Technology of China plans to publish measures within the year to control aggregate capacity of cement production
France’s Lafarge to invest RUB18bn in Kaluga cement plant
Anatoly Artamonov, governor of Russia’s Kaluga region, and Nicolas Fournier, president of Lafarge Vostok, an affiliate of France’s Lafarge SA
Italcementi suspend merger approval
Italcementi SpA and its French unit Ciments Francais have suspended the approval of their merger project until their next meeting, to take place not later than June 26.
Taiwan Cement aiming to invest US$800m in China
The Taiwan Cement Corporation plans to invest as much as US$800m to double its cement production in China by 2012, aiming to become the third largest supplier in the Chinese market
Sinoma to buy 55m shares of Gansu Qilianshan Cement
China National Materials Co Ltd (Sinoma), the world’s largest provider of cement-producing equipment, on Monday announced that it has signed an agreement to buy 55m new shares of Gansu Qiliansha
Operations at Dushanbe cement plant in Tajikistan
Operations at Dushanbe cement plant in Tajikistan were suspended yesterday following the stoppage of gas supplies
Asia Cement to double production capacity
Asia Cement (China) Holdings will spend US$500m to US$600m doubling production capacity this year and next to meet growing demand
Indonesia: cement consumption hit record low
The national cement market in May was still sluggish, slumping for five months in a row this year.
HeidelbergCement: refinancing completed
German cement maker HeidelbergCement AG said Thursday it has successfully completed the refinancing of its debts involving more than 50 international lenders.