Cement News tagged: International

Holcim in focus at JP Morgan

31 January 2006, Published under Cement News

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

31 January 2006, Published under Cement News

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

31 January 2006, Published under Cement News

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

31 January 2006, Published under Cement News

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

Siam Cement in Cambodia

31 January 2006, Published under Cement News

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

31 January 2006, Published under Cement News

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

Holcim buys into Gujarat Ambuja

30 January 2006, Published under Cement News

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

30 January 2006, Published under Cement News

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

30 January 2006, Published under Cement News

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

30 January 2006, Published under Cement News

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

30 January 2006, Published under Cement News

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

27 January 2006, Published under Cement News

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

27 January 2006, Published under Cement News

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

27 January 2006, Published under Cement News

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

27 January 2006, Published under Cement News

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

27 January 2006, Published under Cement News

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