Cement News tagged: International
Guyana government mulls ending tariff waiver on cement
Guyana’s Minister of Tourism, Industry and Commerce, Manniram Prashad, has indicated that TCL Guyana’s (TGI) state-of-the-art cement bagging terminal can adequately s
Al-Barah Cement Factory sales exceed YR10bn
The total value of Barah Cement Factory sales exceeded YR 10.131 billion in 2006. This is the first time the factory’s sales exceeded the 10 billion rial mark
Cement industry gathers, sets hardened targets through 2010, Vietnam
Domestic demand for cement this year was expected to reach 35Mt, a YoY increase of 10 per cent, Viet Nam Cement Association chairman Nguyen Van Thien told the 9th Cement Trade Conference yesterday.
Option for cement roads to reduce maintenance cost
Contractors are encouraged to replace asphalt with cement in the construction of roads frequently used by heavy vehicles to reduce the cost of maintenance, Works Minister Datuk Seri S. Samy Vellu said
Cemex 1Q net seen suffering from tough YoY Comparison
Cemex is expected to report a drop in first-quarter net profit due to the absence of a one-time gain enjoyed in the year-earlier period,
Italcementi: 2007 margins in line with last year
Italcementi yesterday predicted growth in Europe and major development in emerging countries as it forecast 2007 margins in line with those achieved last year
India ACC 1Q net up 54.9% boosted by higher prices
Indian cement maker ACC Ltd Thursday said its fiscal first quarter net profit surged 54.9% on year, driven by higher cement prices.
Peru’s cement, construction cos’ Q1 growth seen booming
Peru’s construction and cement companies likely benefited from rising domestic demand and strong economic growth in the first quarter, analysts say.
Competition: ECJ dismisses cartel damages claim
In the case of Holcim v Commission, the EU Court of Justice confirmed on 19 April that the European Commission is not liable for costs arising from a cartel fine which was quashed on appeal.
Japan cement makers dread sting from depreciation rules
Japan’s largest cement maker, Taiheiyo Cement Corp, and No. 3 firm Sumitomo Osaka Cement Co. are both
Italy Cementilce to open cement plant in Bragno
The new cement facility, built in Bragno, the northern Italian municipality of Cairo Montenotte, by Cemex, Cementilce, will start operations in July 2007.
Russian court throws out Russia Partners’ suit vs Eurocement Group
The Moscow Arbitration Court Friday threw out a lawsuit filed by affiliates of US investment fund Russia Partners against Russia’s Eurocement Group over alleged profit stripping.
Lafarge increases stake in Heracles
Lafarge said it has acquired a further 26 per cent stake in Greek cement producer Heracles for EUR321.6m, increasing its holding in the company to 78.7 per cent.
Republic Cement approves merger with Fortune Cement, 2 other units
Republic Cement Corp said its board has approved its merger with three of its units, including Fortune Cement Corp, with Republic as the surviving entity.
Cemento Polpaico investment plans
Chile’s Cemento Polpaico plans on investing US$15m this year, local paper La Segunda quoted Polpaico’s general manager, Óscar Parada as saying.
Iranian cement prospects upbeat
Iran’s cement industry will enjoy considerable growth this year with new projects set to increase total domestic production by 10Mt.