Cement News tagged: International
Anhui Conch 3Q net profit down
China’s largest cement maker Anhui Conch Cement Co Ltd said its third quarter net profit fell 9.4 per cent year-on-year to 119.2 mln yuan, with market demand weakened by the government’s m
Government backs embattled cement company
The Namibian Ministry of Trade and Industry says it will see to it that the new Cheetah Cement Company is not squeezed out of business by South African suppliers and their local distributors. Trade an
Pueblo debate on new $200m plant while shortages mount
Mexican cement manufacturer GCC is close to investing $200m to build a new plant in Pueblo. It comes at a time when shortages of cement are reportedly delaying construction projects around the state.
Hurricane contributes to cement shortages in Canada
Contractors in Alberta’s booming construction industry say this year’s devastating hurricane season along the Gulf Coast is going to make a cement shortage even worse. Builders say high demand for cem
Cemex Venezuela sees sales growth
Cemex Venezuela, a unit of Mexican Cemex expects sales to grow 18 per cent this year from 2004 and sees another 10 per cent increase for next year, the affiliate’s president said on Tuesday. En
Weak construction sector hits South Korean cement
South Korea’s cement industry remains in the dumps as the government’s anti-speculation measures have led to a drastic contraction in construction business, industry sources said Monday. S
Cement output to double in next four years
All Pakistan Cement Manufacturers Association (APCMA)’s Vice Chairman, Babar Bashir told that currently 18Mt of cement was being produced annually. He told that the mounting demand of cement in genera
No cement supply problems in Sarawak
The Domestic Trade and Consumer Affairs Ministry’s enforcement division in Sarawak has not received any complaints of cement shortage, including from developers. Its director, Mohamed Mokhtar Ye
PM approves construction of Do Luong cement factory
The Vietnamese Prime Minister has approved the construction of Do Luong cement factory in the central Nghe An province with a total capacity of 3Mt of cement a year. The construction is divided into t
Indian cement prices
Indian cement prices are expected to rise this quarter by Rs 5-7 per bag, owing to better demand in both domestic and overseas markets. The average price of cement in India now is around Rs 155-165 fo
Lafarge leads a further British price increase
Market leader Lafarge has announced a price increase of 6.5 per cent for bulk cement in Great Britain from the 1st of January 2006. This would come into effect only nine months after a similar price
Iran’s cement market will stabilise
A senior cement industry official expressed hope that the cement market will return to normal following plans to establish new mills and the much-anticipated decline in demand with the approach of win
Siam’s cement business outlook
Analysts estimate that Siam Cement’s sales volume will grow 8% on year to 2.69Mt thanks to more construction works in the domestic market, despite the rainy season in the third quarter. However, sales
Askale Cimento buys Trabzon cement
Askale Cimento placed the highest bid of US$81.25m in the tender held bythe SDIF (Saving Deposit Insurance Fund) for the sale of Trabzon cement plant, previously owned by the Uzan group. Seven investo
Cement consumption in Spain up again
Cement consumption in Spain rose 4.85 pct year-on-year in the first nine months of 2005 to 37.99Mt, the Spanish cement makers association Oficemen said on October 18, 2005. Cement consumption in the
IFC Provides loans to Anhui Conch Cement
The International Finance Corporation (IFC) today signed a contract to provide 650 mln yuan in loans to Chinese cement producer Anhui Conch Cement Company. The loans funds derive from IFC’s rece