Cement News tagged: International
Companies still trying to broker solution to cement price war
Despite a September 28 deadline set by Colombia’s senate to resolve the price war in the domestic cement market, the companies are still negotiating to find a solution, an official of one of the
Dangote to Produce 10Mt by 2006
The President, DangoteGroup of Companies, Alhaji Aliko Dangote has disclosed that the group’s new cement industries in the country will by 2006 produce 10Mt of cement annually. Dangote stated t
Switzerland domestic cement deliveries up
Switzerland’s cement industry’s domestic cement deliveries grew 6.5 per cent year-on-year in the third quarter of 2005, local industry association cemsuisse said on October 13, 2005. Ceme
OCI Denies Plan To Build Indonesian Cement Factory
Orascom Construction Industries, or OCI denied having made any statements concerning intentions to invest in constructing a cement factory in Indonesia, according to a press release issued through the
South Africans squeeze new entrant
South African cement suppliers and local distributors have reportedly conspired to drive out newly introduced Cheetah Cement to maintain their monopoly in Namibia. New Era investigations have reveale
Russian antitrust body to consider Eurocement break-up
Russia’ Federal Antimonopoly Service, or FAS, has ruled that Eurocement Group has been violating the law on competition and is considering forcing Eurocement Group to break up under antimonopoly regul
Brazil’s Camargo Correa to invest US$100m
Brazilian cement producer Camargo Correa is investing US$100m over the next three years in Argentina to boost production capacity and expand a cargo railway line, the company’s newly acquired Ar
Mexican cement growth slows
Although the Mexican cement industry grew three per cent in January-July this year, the national cement chamber (Canacem) predicted growth for the year would be just two per cent due to the slow progr
TPIPL seeks further delay for restructuring
TPI Polene Plc plans to petition the Central Bankruptcy Court this month seeking an extension of its debt-restructuring period by one year to December 2006, according to plan administrator Prachai Leo
Bahrain plans cement venture
Bahrain’s first cement company has been formed in response to rocketing cement consumption, which is a direct result of the country’s booming construction and real estate sectors. The US$4
Argentina authorities approve Camargo-Correa purchase
The Argentine government has approved Brazilian engineering company Camargo-Correa’s (CCG) acquisition of local cement producer Loma Negra’s holding company, the Economy Ministry said in a
Chile Aims at higher cement sales
Chile aims to increase its cement sales to 4.0Mt in 2005, an increase of 6.0 per cent year-on-year, it was reported on October 11, 2005. The sales figure shows an increase compared to the all-time hi
Italcementi interested in five Turkish plants
Italcementi SpA is interested in five of the 10 cement plants which are being privatised by the Turkish government, a spokeswoman said, confirming earlier reports. ’The company is potentially
Management changes at Padang and Tonasa
The EGM of Semen Padang and Semen Tonasa decided that the two companies should increase itsproduction capacity utilization by 10 per cent each starting this year. "Overall, we expect that Semen Gresi
Changes ahead for China markets?
With Chinese cement consumption likely to top the 1bn tonne level in 2005, industry specialists suggest that growth in consumption is likely to moderate significantly in 2006-2007 as Chinese governmen
Holcim expanding in Romania: New kiln line to be built
Holcim (Romania) will be investing more than CHF 150 million in modernising and expanding cement production capacity over the 2005-2008 period, underpinning the company’s objective to continue p