Cement News tagged: International
Reduced Saudi cement production hits Bahrain construction
A production problem that has halved the cement output of a Saudi factory in the eastern province could spell disaster for Bahrain’s construction industry
Semapa’s Secil cement unit seeks full control of Cimentos da Madeira
Secil, the cement division of Semapa SGPS, wants to acquire full control of cement maker Cimentos da Madeira, according to a press release on the Portuguese competition authority website.
Camargo Correa builds cement plant in Uruguay
Brazilian firm Camargo Correa announced that it will invest US$130m in a cement manufacturing plant in Paysandu (Uruguay).
Holcim Romania sees domestic cement market up 15 per cent in 2007
Holcim Romania on Tuesday projected a 15% growth of the domestic cement market in 2007 and a similar rise in its own sales.
Beni Suef Cement’s 2006 profit up 71 per cent
The Egyptian company Misr Beni Suef Cement made net profit of E£227.7m (US$39.9m) in 2006, 71 per cent more than in the previous year, the stock exchange said on Tuesday.
West China Cement FY pretax profits double, considering new plant in Shaanxi
West China Cement Ltd said its full-year pretax profit more than doubled on a 29 per cent sales hike, and said it is considering building a new plant in Shaanxi province.
Zambia’s second cement plant to start production
Zambezi Portland Cement (ZPC) in Zambia’s northern city of Ndola, Copperbelt Province, will start cement production between August and
Housing expected to drag down 2007 cement consumption; YoY gains expected by year-end
The on-going correction in residential construction is expected to drag down overall 2007 construction activity.
320Mt cement capacity needed in 11th Plan period: Assocham
India would need to double its current cement manufacturing capacity to over 320Mt in the 11th plan period to meet the demand of growing infrastructure sector, an Assocham survey said.
Indocement to invest US$60m to increase capacity
PT Indocement Tunggal Prakasa has set aside US$60m in capital expenditure this year to increase its capacity.
Semen Gresik seeks higher revenue
The Ministry of State Owned Enterprises (MSOE) has targeted that the revenue of Semen Gresik should increase by 40% this year from IDR8 trillion in 2006.
Angola to have new cement factory owned by US and Angolan investors
An investment project for the construction of a clinker and cement factory in Angola’s Benguela province was approved by the Angolan government Friday.
Taiwan Cement makers stepping up deployment in Southern China
Taiwan’s three major cement producers, including Taiwan Cement Corp., Universal Cement Corp., and Goldsun Development & Construction Co.
Companies sign coal dev’t joint venture MoU
Derba Midroc Cement and East Africa Holdings have signed a Memorandum of Understanding to establish a US$60m joint venture company that will be exploring and developing coal.
Circle Cement experiences subdued demand
Circle Cement says it has experienced subdued demand for cement due to the downturn in construction activities in the country.
Shree Cement commissions 18MW captive thermal power plant
Shree Cement Ltd has announced that the Company has commissioned its new 18 MW Captive thermal Power Plant on March 26, 2007.