Cement News tagged: International
Holcim looks at feasibility study for new plant, South Africa
SA’s second-largest cement maker, Holcim, said yesterday it would complete a feasibility study in the second half of this year on a new cement kiln that would cost up to R1,9bn.
Heracles swings to profit
Lafarge SA’s Greek unit Heracles Cement said it swung into a net profit of EUR2.6m in the first quarter of 2006 from a loss of EUR3.2m a year before. Sales increased by 17.4 per cent YoY to EUR1
Oman Cement expansion project on track
The board of directors of Oman Cement Company (OCC) has endorsed a proposal to go ahead with the company’s plan to upgrade its clinker production capacity to 1.8Mta instead of the initially prop
Cement prices fall as Pakistan lifts ban
Prices of cement have decreased considerably after Pakistan resumed free-of-duty exports to Afghanistan.
Cement producers offer discount, Zimbabwe
Cement producers have agreed to offer 15 percent discount for cement purchased for the ongoing Operation Garikai/Hlalani Kuhle for the next six months.
Cement Arrives from Venezuela, Jamaica
A shipment of cement being unloaded at the Caribbean Cement Company’s Rockfort pier.
Cemex turns down government offer
Cemex SA has turned down the government’s proposal to buy the company’s shares in state-owned cement maker PT Semen Gresik (SG), saying that most of the government’s proposal goes ag
Italcementi looks to China for further growth
Italian group Italcementi, the world’s fifth cement producer, has been planning to further strengthen its positions and enter the eastern countries, eyeing China and its market as a good growth
Heracles Cement returns to profitability
Greek cement producer Heracles , majority-owned by France’s Lafarge , on Tuesday reported first quarter net profit of Euro 2.6m, compared to a loss of Euro 3.2m last year. Heracles said first-q
HeidelbergCement Buys majority stake in Kartuli Cement
HeidelbergCement AG said Tuesday it has bought a 51 per cent stake in Georgian cement producer Kartuli Tsementi, investing for the first time in the Caucasus region. The Georgian planthas a capacity
Cement plants working at full tilt, South Africa
Cement plants are creaking under pressure from rising demand, and some of SA’s largest cement makers have experienced breakdowns at plants that are being run flat out, reports Businesss Day.
Malaysia’s CIMA targets five per cent revenue growth in 2006
Cement Industries of Malaysia Bhd (CIMA) said on Monday it aimed to boost revenues and return on equity this year. The cement maker said in a statement to the exchange it was targeting five per cent r
Qatar cement shortage
A serious shortage of cement has hit the construction industry in Qatar, reports The Peninsula
Venezuela to set up US$221m cement plant
Venezuelan President Hugo Chavez announced that the country will set up a US$221m cement plant in Maturin, in the Venezuelan northern state Monagas.
China’s output of cement in March 2006
China produced 92,636,700t of cement in March 2006. The output in January-March reached 215,547,900t, up 23.3 per cent YoY according to the National Bure
Vested interests could win in Cemex sale
An acute lack of leadership on the part of President Susilo Bambang Yudhohoyono’s government to act decisively on unpopular, yet good, measures, is an apt way to describe this ongoing business s