Cement News tagged: International
South fuels cement boom
It is the southern states of India that are fuelling the sharp improvement in the fortunes of the cement industry in the first five months of the current fiscal. The southern region witnessed an offta
UltraTech Cement opts for captive power plants
Ultratech Cement Ltd has earmarked Rs 600 crore for installation of captive power plants, chiefly a 92-megawatt lignite-based plant at Gujarat Cement Works, which will be commissioned by July 2007. Th
Calyon Bank Egypt: the financial advisor of Suez Cement Company in the acquisition of ASEC Cement
Calyon Bank Egypt has recently announced being the financial advisor of Suez Cement Company in one of the largest tender offers made on the Cairo Stock Exchange.
Business chamber questions Southern Cross cement imports
Cement firm Southern Cross Cement Corp (SCCC) is currently being investigated by the Bureau of Customs (BoC) for allegedly undervaluing its import entry declarations and for the alleged illegal withdr
Vietnam Deputy PM Praises speedy cement factory builders
Deputy Prime Minister Nguyen Tan Dung has praised officials and workers for their efforts to accelerate the construction of the Hai Phong Cement Factory, a key State project.
Four mega cement projects under construction in Ilam
According to Tehran Times, four cement production plants with a daily production capacity of 3,900,000t are being constructed in Ilam, a provincial official in this western Iranian province. Dehloran
Zhigulevskiye Construction Materials produce 510,000t of cement in first seven months of 2005
Zhigulevskiye Construction Materials boosted production almost by 13 per cent in January-July 2005 (part of Eurocement Group). In sum, in the first seven months of 2005 the
Iranian cement export
Iran exported some 188,000t of cement, worth US$9.946m, during the first four months of current Iranian calendar year (started March 21, 2005).
Orascom behind Algeria’s first white cement plant
Orascom Construction Industries, which is rapidly growing its cement interests, has placed a EUR 111m contract with F. L. Smidth to supply equipment for a white cement plant that it is building in nor
Russian antitrust body postpones Eurocement Group hearing
Russia’ Federal Antimonopoly Service has postponed until September 30 the hearing of a case against Eurocement Group alleging it used its market weight to command cement prices in Russia, FAS said.
Deputy PM urges speedier construction of two large projects, Vietnam
Deputy Prime Minister Nguyen Tan Dzung yesterday urged to speed up construction of two large projects including the expanded Uong Bi Power Plant in northern Quang Ninh province and the Haiphong Cement
Semen Gresik July cement sales 1.48Mt; up 6.3% YoY
Indonesia’s largest cement maker PT Semen Gresik’s July cement sales grew 6.3 pct year-on-year to 1.48Mt boosted by strong local sales, a report by the Indonesian Cement Association (ASI)
Cement sales grow
East African Portland Cement, one of the country’s leading producers, sold more than 60,000 tonnes of cement in July, the highest ever in the company’s history.
New Saudi cement operation
A cement company with a capital of SAR1.2bn (US$320m) will start operations in al-Jouf, northern Saudi Arabia. The company will operate under the name Al-Jouf Cement. It will be a closed shareholding
EIB provides US$150m for greenfield plant
The European Investment Bank, the European Union’s long-term lending institution, has signed loan facilities totalling US$150m (EUR 123m) with Obajana Cement PLC, a subsidiary of Dangote Industries Li
Shui On to finalise investement details soon
Shui On Construction and Materials (Socam) chairman Vincent Lo Hong-sui says the company will finalise the details for a new investment by the end of this month. Speaking after the firm’s annua