Cement News tagged: International
TCL to supply cement to Antigua-Barbuda
The availability of cement on the local market to supply the construction industry, especially the new Sir Vivian Richards Stadium, has been the subject of attention over the past few weeks by the Ant
SAIL’s Bhilai joint venture: three cement cos in fray
Steel Authority of India Ltd (SAIL) is likely to choose one of three leading cement companies - Jaypee Cement, Shree Cement and Birla Corporation - for its proposed joint venture unit at Bhilai.
SHC suspends MCA order
A Sindh High Court bench suspended on Friday an order of the Monopoly Control Authority (MCA), directing cement manufacturers to bring down cement prices to the level of January-March 2003.
Removing dual sales tax on cement a good step
The Tamil Nadu chapter of industry FICCI on Friday said scrapping dual sales tax structure on cement and levying a uniform 14 per cent tax on all grades of cement at the first point of sale by the sta
Cement prices not yet to rise
Cement prices in Ho Chi Minh City have recently increased by VND12,000 – 15,000/t. Until now, the Government as well as cement makers have not signaled to rise cement prices yet
US to announce decision on cement imports
The US Department of Commerce (DOC) will announce on January 12 a decision on its review of the import tariffs it applies to Mexican cement, newspaper El Norte reported.
Texas Industries hopes to recover higher energy costs in 2006
In the six months to the end of November, Texas Industries increased turnover from continuing operations by 14.6 per cent to US$462.6m, while the trading profit emerged 59.1 per cent higher at US$32.4
GCC buys Four US concrete companies
Grupo Cementos de Chihuahua (GCC) has bought four ready-mix concrete companies in the USA for an undisclosed sum, GCC said on January 5, 2006. GCC bought Consolidated
China Resources Cement expands for 11th Five-Year plan
China Resources Cement Holdings will continue to invest in cement production in the next three year although there is downward pressure on cement price.
Tabuk Cement net profit up 20 per cent, Saudi Arabia
Tabuk Cement’s net profit rose to SR154.8m in 2005, up 20 per cent from the previous year, the Saudi Arabian company said yesterday.
Orascom expands its bag interests
Orascom Construction Industries has acquired Egypt Sack Company for E£43m (EUR6.3m). Egypt Sack operates a single plant with an annual capacity of 60m cement bags and generated a turnover of E£38.6m
TPI asks court for exit from debt restructuring status
TPI will ask the Central Bankruptcy Court on 29 December for approval to exit business rehabilitation, according to Gen Mongkol Ampornpisit, the chairman of the rehabilitation plan administration team
Cement giants put up bulk of shares for auction
Bim Son will offer 18 million shares and But Son 22m. The reserve price for both is VND11,000 compared to a par value of VND10,000. The deadline for registration of Bim Son shares is January 13 and th
Argentina’s Loma Negra considering bond programme
Argentine cement manufacturer Loma Negra is analysing the launch of a US$500m bond programme, the company said in a filing to the local stock exchange.
Wendel in talks to buy Materis for more than EUR2bn
French holding company Wendel Investissement is in talks to buy specialty materials maker Groupe Materis for more than EUR2bn, local press reported.
British Cement Association: Compliance with new waste incineration directive
All four members of the British Cement Association – Buxton Lime Industries, Castle Cement, Cemex UK and Lafarge UK – fully comply with the Waste Incineration Directive (WID) which came into force on