Cement News tagged: International
Saudi cement firms plan IPO
Five new Saudi cement companies intend to sell 50% of their capital in initial public offerings (IPOs), local press reported.
Lafarge may raise grinding capacity
Lafarge Malayan Cement Bhd is studying the possibility of increasing its grinding capacity in the near term despite concerns of a slowdown in the local construction industry.
Portugal Semapa to benefit from UBS increased stake
UBS’s increasing of its stake in Semapa will be positive for Semapa’s share performance, investment bank
Holcim Bulgaria gets green light to acquire local building materials firm
Bulgaria’s anti-trust regulator on Wednesday gave the green light to the local unit of global cement make
Semen Gresik may leave Pati due to tough land acquisition, Indonesia
PT Seman Gresik, plans to withdraw its investment from a US$320m plant due to tough land acquisition regulations.
India’s ACC March cement shipments up 4.9 per cent YoY
India’s ACC Ltd said on Friday its March cement shipments rose 4.9 per cent to 1.92Mt from 1.83Mt a year earlier.
Pakistan cement sales up 25 per cent in July-March
Pakistani cement sales surged 25 percent in the first nine months of the 2007/08 (July-June) fiscal year, compared with the previous year, driven by growing construction demand,
Chavez nationalises Venezuela cement industry
Venezuela’s President, Hugo Chavez, announced Thursday night the nationalisation of the cement industry,
Comodoro Rivadavia inaugurates cement plant, Argentina
Petroquimica Comodoro Rivadavia (PCR) has recently inaugurated its new cement plant in Pico Truncado,
Lafarge aims to double Chinese production
Lafarge plans to double production to 50Mta in mainland China by 2010 and pursue acquisitions in southwestern China.
LSR Group unit in venture with OOO Cement Northwest, Russia
LSR Group said its OOO Cement unit has entered into a EUR163m construction deal with OOO Cement Northwest as part of a project to construct a cement plant in Slantsy in the Leningrad region.
Oman Cement to raise output by 1.2Mt by 2008
Oman Cement Company has announced that its US$162m expansion will raise output capacity by 1.2Mt a year late in 2008.
Cinveste declares 2.085 per cent stake in cement maker Cimpor
Cimpor said that Portuguese holding company Cinveste, SGPS, SA has declared a 2.085 per cent stake in the cement maker.
Voluntary buyout offer for Volkskcement
Local media have reported that Alfa Cement, which owns a major stake in Volskcement, has made a
Capital investment continues for Holcim plant
As Holcim New Zealand focuses on two priority options for future cement supply, it is continuing to make
Athi River Mining profit up by 60 per cent
Athi River Mining announced a 60 per cent growth in pre-tax profit for the year ended December 31, 2007.