Cement News tagged: International
Holcim in focus at JP Morgan
JP Morgan is increasing its DCF-based 18 month price target for Holcim from SF94 to SF106 per share. As its revised price target is 12 per cent above the current share price, the analysts are retainin
Heavyweight Cemex team meets Pakistani officials
Pakistan has massive potential for investment in the cement sector as demand for cement will increase tremendously in the future. This was observed by a high-level delegation of Cemex at a meeting wit
Polpaico implements alternative fuels
Chilean cement producer Cemento Polpaico is implementing an alternative-fuel system that currently covers five per cent of production and will rise to 30-40 per cent in the next five years, as an alte
Indian cement firms hike prices in Mumbai
Top cement producers have raised retail prices by an average 2 rupees per bag in Mumbai, the country’s largest cement market, from Monday because of strong demand from the housing sector, a deal
![Siam Cement in Cambodia](/content/uploads/images/International_thumb.jpg)
Siam Cement in Cambodia
Siam Cement’s joint venture with Khaou Chuly MKK Co Ltd., a Cambodian construction and engineering company, will commence production at Cambodia’s largest cement plant in 2008 following th
Ashaka Cement Firm assures local communities
The management of Ashaka Cement, Nigeria has promised its host communities a range of benefits in 2006, as hundreds of youths protested over unemployment problem, non provision of scholarship and soci
![Holcim buys into Gujarat Ambuja](/content/uploads/images/International_thumb.jpg)
Holcim buys into Gujarat Ambuja
As forecast by CemNet some weeks ago, Holcim Ltd has now said it has just acquired a 14.8 per cent stake in India’s third largest cement maker Gujarat Ambuja Cements Ltd for US477m
Steppe Cement share placement
Steppe Cement Ltd, which operates the Central Asia Cement works in Kazakhstan is pleased to announce it has placed 14 million new shares at an issue price of US$1.50 each, raising a total
Utah builders see some supply improvements
Utah state construction experts say while the supply of cement and other building materials remains tight, the situation has recently improved. m"The overall word I’m hearing is that we’re
TCL got no guarantee of returns on CCCL invest
The minister of Information, Senator Burchell Whiteman, has denied that the Jamaican government gave a guarantee to Trinidad Cement Limited (CTL) for specified rate of return on their investment in Ca
Tokyo Cement sells more in 2005
S R Gnanam, Joint Managing Director, Tokyo Cement Group at the celebrations to mark the ’Tokyo Cement’ crossing the One Million ton cement selling target, which was never before
CEMEX results boosted by RMC
Cemex consolidated net sales for the fourth quarter of 2005 grew 98 per cent to US$3.96bn compared to the same quarter of 2004, mainly as a result of the acquisition of RMC. Majority net income for th
Cement makers to benefit from construction boost
South Africa’s cement producers are anticipating bumper profits as the government invests billions of rand in infrastructure, and as work starts on a big rail link-up and the 2010 soccer
Ash Grove to Spend to expand Foreman plant
Ash Grove Cement Co has announced that it will spend about US$190m to expand its portland cement manufacturing plant in Foreman. The project, to begin in 2007 and take about two years
Investors to set up cement factory in Kogi
Royal HTM Group International and a local firm, Ado Ibrahim Ibrahim and Company Limited, in joint ventures have proposed the establishment of cement factory in Okene area of Kogi State,
Venezuelan plant taking shape
Venezuelan authorities planning to invest US$220m in the construction of a cement plant with the help of Iran and have already paid US$48.5m to an Iranian firm as a first installment under