Cement News tagged: International
BEE group looks offshore for funds to buy Holcim
The funding for the acquisition of 85 per cent of Holcim South Africa by a black economic empowerment (BEE) consortium for R13.8bn is to be sourced offshore.
Cement prices seen declining in coming years, Jordan
Cement prices are likely to decline when two new producers enter the local market in the next two years.
FAS warns Eurocement Group
The Russian Antimonopoly Service (FAS) says it will fine the Eurocement Group, if the company raises prices for cement on June 1
AIC resumes stake-talks with Garadagh Cement, Azerbaijan
The Azerbaijan Investments Company (AIC) has resumed stake negotiations with Garadagh Cement, according to deputy executive director of AIC Riyad Gasimov.
AWU angry cement plant workers forced to change industrial agreement
The Australian Workers Union (AWU) says workers at the Gladstone cement plant are being forced to abandon their industrial agreement or their company will not be allowed to bid for Federal Government
Gresik plans to build new plant, Indonesia
Indonesian cement producer PT Semen Gresik plans to build its third cement plant in Java next year, a senior company official said Thursday.
Cimpor restructures Chinese ops, takes 60% stake in new company
Cimpor has said it plans to restructure its industrial holdings in China after acquiring 60 per cent of the Shandong Liuyuan New Type Cement Development C
Heracles Cement Q1 net profit rises, Greece
Lafarge’s Greek unit Heracles Cement said group net profit rose to EUR18.7m in the first quarter from EUR2.9m a year earlier on increased sales volumes of cement and ready-mix concrete in Greece.
Cemex opens cement terminal in Loviisa, Finland
Cemex has set up a new bulk cement terminal in Loviisa, Finland. Its reported delivery capacity is 250,000tpa. Bulk
Government urged to allow use of alternative fuel in cement production, Jordan
The private sector on Wednesday warned of another hike in cement prices next month in Jordan, if the government does not adopt mid- and long-run solutions, rather than "postponing the problem" through
10% VAT will cripple industries, says WAPCO
West African Portland Cement PLC (WAPCO), has reacted to the just hiked VAT from 5-10 per cent by the Federal Government, saying it will cripple industries.
Cement plant planned for Mtwara, South Africa
A South African bank has shown interest to enter into a joint venture with State Mining Corporation (Stamico) for construction of a cement plant at Mikindani in Mtwara Region.
Turkey’s production rises by 31.5%, Jan-Feb 2007
Turkey’s cement production rose by 31.5 per cent on the year to 5.22Mt in the first two months of 2007, according to Cement Manufacturers’ Association (TCMB) data.
China’s cement industry continues to grow in April
China’s cement industry continued to grow in April with cement prices rising over
Construction slides into South Africa’s driver’s seat
South Africa’s economic growth rate slowed in the quarter to March compared with the previous quarter but accelerating growth in the construction industry
Producers increases cement prices, Nigeria
Cement producers in the country have announced a six per cent increase in the price of each bag of cement with effect from yesterday.