Cement News tagged: International
ACC says sells Nihon Castings for $7.4m
ACC has sold its stake in a steel castings unit for INR300m (US$7.4m) as part of a move to exit non-core activities.
Indian cement cos likely to report Q1 profits
Cement companies are expected to put up a good show in the June quarter
South Africa: Sephaku to build R2.5bn cement plant
Mining empowerment company Sephaku Holdings yesterday announced its first cement project, worth R2.5bn, in North Wes
Cement shortage pushes retail price to sh25,000, Uganda
Cement retail prices have reached a record high of sh25,000 per bag, the first in several years due to the booming construction industry
Indonesia H1 cement consumption up 7.5 per cent YoY on low base
Indonesia’s consumption of cement in the first half was 7.5 per cent higher than a year before at 15.6Mt,
Lafarge mulls acquiring large cement co in Spain
Lafarge is interested in buying a cement company in Spain, according to local press reports
Cemex completes takeover of Rinker
Remaining Rinker investors must hand over their shares in the construction materials group after Cemex has won the right to compulsorily acquire the company.
TCC to invest CNY500m in China’s Foshan
Taiwan Cement Corp said its Hong Kong-listed unit TCC International Holdings Ltd plans to invest CNY500m in Foshan City
Labour conflict forces Eurocement Group to halt production at Mikhailovcement
Eurocement Group holding has halted work at one of its plans in the Ryazan Region
Improvements are in the bag
Work has started on a UK£3.5m investment at Lafarge’s Cauldon cement works which could create new jobs.
Shri Ramrupai Balaji to set up cement plant
Shri Ramrupai Balaji Steels announced on Tuesday that the board decided to set up a cement plant with a capacity of 3Mt in the state of Orissa involving an estimated investment of about Rs 11bn.
Egyptian Suez Cement Co Subsidiary Buys Decom
Egyptian Suez Cement Co (SCC) subsidiary, Readymix Beaton Misr (RBM), has fully acquired local sector
South Africa cement sales ease to 3.1%
South African cement sales growth eased to a 3.1% YoY increase in June to 1.229Mt after rising by
Steppe Cement says significant shareholders cut combined stake in co to 33%
Steppe Cement Ltd said chief executive, and two significant shareholders have reduced their combined stake in the company to about 33 per cent by selling their shares.
Analysts expect Boral’s 2008 profits to be flat
Australia’s largest building and construction materials supplier, Boral Limited, is expected to report a flat profit in 2008, but a lift in performance is anticipated for
Sanghi Cement aims high, plans to go global
Sanghi Cement has ambitious plans. It aims to contribute 13% of India’s cement production – that’s 20Mta from 2015.