Cement News tagged: International
Cemex ready to discuss arbitrage cancellation
While rejecting the requirement of the Minister of SOE Sugiharto, to reconsider the sale of its stake to the Rajawali Group, Cemex Asia Holdings said the company is ready to discuss the cancellation
Russian court to hear Eurocement antitrust case
The Federal Arbitration Court for the Moscow court district has scheduled for July 3 the hearings of a complaint filed by the Federal Antimonopoly Service (FAS) seeking to oblige Russia’s larges
Construction market, put at 6 billion euros in 2005
The construction industry in Romania grew in the first quarter of the year 20 percent, three times faster than the entire economy. The value of construction works for 2005 was estimated at six billio
Peruvian domestic cement sales increase
Peruvian domestic cement sales stood at 404,426t in May 2006, up 22.9 per cent year-on-year, the country’s Association of Cement Companies (Asocem) said on June 15, 2006. Peruvian cement company
Italcementi to invest more in India
Italcementi will invest Rs 800 crore (US$174m) over the next two years in various greenfield and acquisition projects the company’s Chief Executive Officer Mr Carlo Pesenti said. The Italian com
India Cements looking for more opportunities
India Cements Ltd, which has reported a profit for the second straight year plans to have a pan-India footprint. Apart from signing up for a two million tonnes a year cement plant in Himachal Pradesh
New cement plant begins production
Bestway Cement, situated in District Chakwal, Pakistan, started production Tuesday from its new plant. The facility has been built at a cost of Rs7bn (US$116m). A brief ceremony was held at the plant,
Chinese building material producers see profits tumble
The National Bureau of Statistics of China and China Building Material Industry Association jointly released the country’s top 100 building material manufacturers for 2005. Last year, the 100 co
South Africa plans massive rise in construction
South Africa will spend about 27 billion rand (US$3.96bn) in construction over five years in a bid to help hasten economic growth in Africa’s biggest economy, Public Enterprises Minister Alec Er
Bazel to reorganise cement business
LLC Bazel (Basic Element) Russia has reorganised its cement business in a separate division and will develop it as independent line of business, managing director of Bazel for construction and constru
Ukrainian Cement capacity utilisation
Capacity utilisation in Ukraine’s cement industry stood at 57.5 per cent in 2005, while the average figure for member companies of local cement producers’ association Ukrcement ( which inc
Cement factory torched in Ganderbal
The burning of two cement units in Ganderbal, Kashmir, India by a mob has sent shock waves among the industrial fraternity with industrialists accusing government of failing to protect the factory fro
Producers say market will determine cement price
The Dominican Association of Cement Producers said today the market will set the product’s price, and considered that the cost agreed-to with the Industry and Commerce Ministry to end the “price war”
No growth forecast for construction industry in 2006
The Incorporated Masterbuilders Association of Jamaica (IMAJ) says it members are now faced with the task of renegotiating contracts with their clients and absorbing losses. Speaking Monday on Beyond
Holcim keen on stake in Mysore Cement, India
Industry sources say that after a controlling stake in ACC Ltd and Ambuja Cement Eastern Ltd and buying around 15 per cent in Gujarat Ambuja, Holcim is now keen on acquiring a stake in Mysore Cements
Italcementi starts feasibility study for new plant, Saudi Arabia
Italcementi SpA said it has signed a memorandum of understanding with its Saudi Arabian partner Arabian Cement Company to start a feasibility study for a new cement plant near the city of Jeddah.