Cement News tagged under: international
White cement exports12 January 2004, Published under Cement NewsThe Vietnamese Construction Material Import-Export Company has won a contract to export 5000t of white cement under the "White Horse" trademark to Cambodia in 2004. The company also plans to continue to export white cement to Laos, Myanmar and the Philippines in the first quarter of this year. Vietnam's white production facilities were realised company in cooperation with Thailand's Siam Cement Company which invested in a new white line in Vietnam to produce 100,000tpa. |
Semen Gresik sales fall12 January 2004, Published under Cement NewsIndonesian cement maker PT Semen Gresik said cement sales for the first 11 months of 2003 fell 5.4 per cent to 12.83Mt due to a drop in domestic sales and exports. Semen Gresik's domestic cement sales during the January to November period were down 1.9 per cent at 10.90Mt and exports slumped 21 per cent to 1.93Mt. According to data from Indonesia's cement producer association, national cement sales for the first 11 months last year dropped 3.1 per cent to 31.94Mt from 32.98Mt a year earlier. |
Cemex In Acquisition Talks With Mangalam12 January 2004, Published under Cement NewsCemex has started talks to buy India's Mangalam Cement Ltd, reports the Economic Times. The deal may cost the Mexican company around 2 billion rupees ($1=INR45.45) to INR3 billion, said the paper. The two companies have been in talks for the last few weeks although Mangalam's managing director KC Jain was unavailable for comment. Cemex has revived its attempt to buy Mangalam for the second time in less than two years. Mangalam has two cement making units in Rajasthan with a combined capacit... |
Berger Slovakia acquires PCLA stake12 January 2004, Published under Cement NewsSlovak producer of construction materials Berger Slovakia, a subsidiary of German construction holding company Berger Holding, acquired a sizeable stake in Slovak cement producer Povazska Cementaren (PCLA). Berger Slovakia, formerly known as Portlandcement, received the stake from its parent company, according to information, released by the Slovak Central Securities Register (SCP). German Berger Holding currently holds a 2.54 pct stake in PCLA. Berger Slovakia bought the stake in PCLA in ... |
Spanish Catalonia cement12 January 2004, Published under Cement NewsCement consumption in Catalonia region, northeastern Spain, reached 6Mt in the 12 months to October 2003, a 6.3 per cent year-on-year increase, the Association of Cement Producers in the region said. The record-high rise in demand resulted from increased residential building construction. The sales of cement companies in the region totalled 5.87Mt in the period from October 2002 to October 2003. Imports of cement rose 22.9 per cent to 660,000t while exports decreased by 23.6 per cent to 360... |
Austria`s Porr buys concrete plant12 January 2004, Published under Cement NewsAustrian construction company Porr AG bought a Euro3.0m concrete production plant in Croatia from Austrian concrete producer Lafarge Perlmooser AG, it was reported on January 10, 2004. The plant is located near Croatia's capital Zagreb and has an annual output of 30,000m3 of concrete. The plant's purchase is the first step of Porr's plans to enter Croatia's market. Porr's management sees great potential in Croatia and it has already fulfilled some construction orders in the country. The com... |
Uzbekistan privatisation12 January 2004, Published under Cement NewsUzbekistan's state property committee is offering foreign investors state stock holdings in one cement plant. A committee administration source told Interfax that 25 per cent of the stock in cement company Akhangarantsement (Tashkent region), starting price $4.5m. Akhangarantsement, Uzbekistan's second largest cement-maker, can turn out 1.736Mt of cement annually. The government will retain 25 per cent, the company workforce 24.4 per cent66. Switzerland's Hoilcim already owns 25.6 per cent... |
TPI plans loss wipe-out12 January 2004, Published under Cement NewsTPI Polene plans to wipe out its accumulated losses of 19 billion baht this year, according to Prachai Leophairatana, the cement company's rehabilitation plan administrator. He said that wiping out the losses would involve using seven billion baht from the company's capital reserves, about 130 million baht from gains from interest rate reductions granted by creditors and 10 billion baht from a public share offering scheduled for next week. TPI Polene will offer 300 million new shares, with ... |
Turkish Mardin Cimento12 January 2004, Published under Cement NewsTurkish cement, clinker and ready mixed concrete producer Mardin Cimento plans investments of 3.0 trln Turkish lira US$2.2m) for 2004, it was reported on January 9, 2004. The company said in a statement to the Istanbul Stock Exchange (IMKB) that its 2004 business plan envisages production of 645,000t of clinker, 900,000t of cement and 134,000 cu m of ready mixed concrete. Mardin Cimento plans domestic sales of 600,000t and exports of 300,000t of cement in 2004. It ended the first nine mon... |
Indian coal duty cut12 January 2004, Published under Cement NewsThe Indian cement industry has termed the Government's move to slash basic customs duty on non-coking coal from 25 per cent to 15 per cent as a "step in the right direction" even as it admitted that the reduction would make " very little difference" for the cement units in the country. Reacting to the Government announcement, the Secretary-General of the Cement Manufacturers' Association (CMA), Mr AV Srinivasan, told local reporters that most of the non-coking coal imported by the industry i... |