Cement News tagged: International
Cement consumption in Kazakhstan rises
Cement consumption in Kazakhstan grew 26.6 per cent in the first half of the year from the same period last year to reach 2.06Mt, a source at Vostok-Cement told Interfax. The rise was underlined by a
Offers invited for Javedan Cement sell-off
The Pakistan Privatisation Commission (PC) has invited Expressions of Interest (EoI) from interested parties to privatise Javedan Cement Limited (JCL) on an ’As is where is’ basis, through
Argentina fines cement producers
Argentina’s Economy Minister Roberto Lavagna said the country’s competition bureau will fine all of the country’s cement producers for colluding on prices and to divide the country&r
Lafarge North America reports
Lafarge North America Inc the leading supplier of construction materials in the US and Canada, today reported second-quarter 2005 net income of US$142.9m. Operating income for the quarter was US$208.2
Strong demand drives Vulcan
Vulcan Materials Company today announced record second quarter net earnings of US$122m, as compared to US$88m. Net sales increased 21 percent from the prior year’s level, while earnings from con
Cemento Melón to develop new limestone mine
Chilean cement company Cemento Melón will begin operating a new limestone mine called Cantera Ñilhue in the country’s central Region V, newspaper Diario Financiero reported. The mine will be op
Strabag seeks site for cement plant in Hungary
Austrian construction holding Strabag is looking for a suitable site for a new cement works in Hungary in which Euro 106m will be invested, it was reported on July 26, 2005. According to Hungarian da
Lafarge India to add capacity in India
Lafarge India is planning to hike its production of portland slag cement (PSC) by 0.4Mta which would take its total installed capacity of PSC and fly-ash based portland pozzolona cement (PPC) to 3.4Mt
Vicat posts higher 1H turnover
French building materials supplier Vicat posted a Euro 858.32m turnover for the first half of 2005, up 7.9 per cent year-on-year, it was reported on July 25, 2005. The company turnover generated in
GCC set to spend on three new plants
Mexican cement firm Grupo Cementos de Chihuahua (GCC) is ready to invest US$250m in three new plants, one of which will be in the US while the other two will be in Ciudad Juárez, Chihuahua state, news
Azores Cement Sales Down
Cement sales in Portugal’s autonomous region of the Azores Islands registered a 2.7 per cent year-on-year decrease to a total 27,382t in May 2005, data from the Azores regional statistics office
Sale of TPI shares await court approval
The planned e-auction of TPI Polene Plc’s 250 million shares may be derailed if the court approves Prachai Leophairatana’s latest attempt to regain control over the country’s third l
Cement demand in south up 22% in Q1
After being in the dumps for long, the south is finally showing signs of a strong revival. Cement consumption in the southern region picked up momentum during the first quarter, growing by a breathtak
Gulf Cement Co first-half profit more than doubles
Gulf Cement Co said its half-year profit more than doubled to KWD18.4m (US$63m) from KWD7.6m in the same period of 2004.
Nordic investment bank to help fund Vietnamese cement plant
The Vietnamese government has permitted the Ministry of Finance to borrow EUR30m (US$36.4m) from the Nordic Investment Bank to build the Ha Long Cement Plant.
IFC arranges US$105m for CCC upgrades
The International Finance Corporation (IFC) has arranged a US$105mn financial package for cement holding TCL Group to carry out modernization and expansion works at Jamaican subsidiary Caribbean Cemen