Cement News tagged: International
Dalmia Cement compensation
The Madurai Bench of the Madras High Court today directed the Dalmia Cements to pay a compensation of Rs one lakh each (approx US$2200) to the families of 13 labourers who died in a mishap while under
EAPC alarmed by high oil prices
East Africa Portland Cement Company plans scale down its reliance on oil fuel. The decision has been fuelled by instability in oil prices.
Oversupply in China?
Cement prices in China kept a moderate decline trend throughout the first half of this year, and the trend is expected to continue into the second half of the year for quick capacity expansion and ina
Holcim to auction LaPorte land site
The auction of about 3000 acres of land and 800 shares of Colorado-Big Thompson water owned by Holcim Inc. is scheduled to begin at 10 a.m. Sept. 17 at the Fort Collins Hilton, 425 W. Prospect Road.
Lafarge, Shui On China JV
Lafarge SA and Hong Kong-based Shui On Construction & Materials Ltd will apparently merge their cement operations in a joint venture in China, the companies said in a statement Thursday. Shui On Cons
Vietnam’s latest plant gets funding
The State-run Development Assistance Fund last week granted a credit of almost VND700 billion (US$43.7m), with an annual interest rate of 6.6 per cent, for the construction of the Tay Ninh Cement Plan
Insurer pays tsunami claim to Semen Andalas
Local insurance firm PT Asuransi Wahana Tata settled on Wednesday the first insurance claim by tsunami-hit PT Semen Andalas Indonesia, whose plant in Nanggroe Aceh Darussalam was badly damaged by the
SCCC bid to raise cement price
With increasing energy costs eating into its profitability, Siam City Cement Plc plans to raise its cement prices. The country’s second largest cement maker would not say when or by how much it
New cement plants for Sverdlovsk region
According to a statement of Construction Minister of the Russian Sverdlovsk region A Karlov, several new cement plants will be built in the Sverdlovsk region, API News reported.
Cement M&A activity dries up in India
It’s apparently becoming difficult for prospective buyers to strike takeover deals in the cement sector. Suitors, including some of the top names such as Zuari, Cemex and Dalmia’s, are mov
Cement output dips in July, India
Major cement companies reported a decline in production in July this year over the corresponding month last year.
Cementos Portland to buy local Ceminter , Spain
Spanish cement maker Cementos Portland Valderribas SA, a unit of Spanish construction and services group Fomento de Construcciones y Contratas S. A., has reached an agreement to buy local sector compa
Cementos Bío Bío net profits up 0.45% in 1H05, Chile
Chilean cement company Cementos Bío Bío posted a consolidated net profit of COP13.1bn (US$24.1m) for 1H05, a 0.45% increase in relation to same-period last year, the company said. Bío Bío’s reve
Gujarat Ambuja may invess in Rajasthan, India
Gujarat Ambuja has shown interest in investing Rs 1,000 crore in a cement plant in Marwar Mundwa region of Rajasthan. The chairman of Gujarat Ambuja, Suresh Neotia, indicated this while addressing the
Cementos Argos merger now awaiting government approval, Colombia
The merger of the eight Grupo Argos cement companies in Colombia has now been approved by the shareholders of all the firms involved and the only remaining obstacle is the green light from the governm
SCC says high energy cost may reduce its profits this year
Siam City Cement Plc (SCCC), the country’s second largest cement maker, concedes that rising energy costs could cut profit growth this year.