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India: cement despatches up but demand still slowCement despatches may have grown in September after a lull, but demand is yet to pick up. While north India is showing signs of revival and the south continues its cement-hungry streak, other part...News - 17 October 2008 |
Gamesa to supply G80-2MW wind turbines to Lafarge CimentsThe wind turbines will be installed in the third phase of the Tetouan wind farm in Morocco. In addition to the supply of the wind turbine generators, the contract also includes their installation ...News - 17 October 2008 |
Cemex halts investment projectsWithin hours of announcing its 3Q results, Cemex has brought out a statement that saying that almost US$500m of annual savings were to be implemented before the end of this year. The capital expe...News - 17 October 2008 |
Russia cement makers halt plans as demand shrinksCement producers in Russia, are slashing their expansion plans as demand from property developers shrinks due to the credit crisis, Kommersant reported on Wednesday. Only 15 per cent of the proje...News - 15 October 2008 |
Lafarge to stop importing cement next year, IndonesiaLafarge Cement, a French cement producer controlling a 99% stake in PT Semen Andalas Indonesia, is going to stop importing 1.1Mta of cement starting from 2009. The company decides to stop impo...News - 15 October 2008 |
Cement demand still likely to outrun supply, despite plans for new capacityA new 2.2Mta cement plant being planned by a Nigerian firm and its local partner will likely still find buyers for its product, as additional capacity would be needed in future, an expert said on ...News - 14 October 2008 |
India cement firms’ Q2 advance tax fallsA slowdown seems to be catching up with the construction sector, if the 35 per cent decline in advance tax payments of cement companies in September 2008 is any indication. Many leading cement man...News - 13 October 2008 |
Chinese firms eye two cement plants in the PhilippinesA group of cement producers from China is seriously considering the construction of greenfield plants in the Philippines with a combined output of 3Mt and minimum investments of US$400m. Francis ...News - 13 October 2008 |
"We don’t need many people, we need good people"According to Alex de Volukhoff, Russia head of Lafarge, the French cement giant, the difficulty of finding and retaining effective managers is particularly acute in Russia. "For Lafarge – and we’...News - 13 October 2008 |
A Belgian, a Canadian and an Egyptian walk into a cement company...The Lafarge ownership saga continues. Last month saw Albert Freres - Group Bruxelles Lambert - seemingly spend close to Euro 100m mopping up Lafarge shares on the French stock exchange, according...International Cement Review Editor's Blog - 12 October 2008 |