Cement News tagged: International
Holcim buys from NZ competitor
Holcim has been forced to buy cement off rival Fletcher Building (Golden Bay Cement) because of continuing problems with Westport harbour. Low harbour bar depths, caused by a shortage of rainfall in
Poland’s cement usage likely to increase in 2005
Poland’s cement usage is likely to increase for another consecutive year in 2005, even up to five per cent, from a three per cent growth in 2004, Cement Producers Lobby deputy president Andrzej
Tanga cement private sector boost
Tanga Cement Co. Limited has donated 250 bags (12.5t) of cement to the Tanzania Private Sector Foundation (TPSF). Communication Manager company, Kati Kerenge handed over the donation to the TPSF Vice-
Indian cement consumption up this year
Cement consumption in India recorded a 6 per cent increase during 2004-05 over the previous fiscal year. Cement consumption growth in Chhattisgarh stood at an impressive 45 per cent, followed by Bihar
Japan JV in Vietnam to double output
Taiheiyo Cement Corp and Mitsubishi Materials Corp said Monday that their joint cement making unit in Vietnam will double its production capacity in order to meet growing demand amid the country&rsquo
Italy approves Montalto takeover
Italy’s Antitrust Authority has given a green light to the acquisition of 100 per cent of Italian cement maker Cementificio di Montalto by Italy’s largest cement producer Italcementi, it w
Lafarge Malayan to fight pricing trends
Lafarge Malayan Cement Bhd, Malaysia’s largest cement producer, will not initiate a price war despite a fall in cement demand, although it will match competitors’ prices, the Star reported
Indocement to retain profit to repay debt
Cement maker PT Indocement Tunggal Prakarsa said it may not distribute dividends from last year’s profit as it gives priority to repaying debts. Company finance director Christian Kartawijata sa
Semen Padang gets US$120m loan from Central Bank
Semen Padang, a subsidiary of state-owned Semen Gresik, secured a loan of Rp190 billion (US$20m) from Bank Central Asia (BCA). Semen Gresik President Satriyo said the loan fund will be used to refinan
Mega projects in the pipeline
Indian Finance Minister P Chidambaram on Thursday indicated that the Government, with the assistance of the Investment Commission, was actively pursuing the setting up of three mega infrastructure pro
Povazska cementaren profit down
Slovak cement maker Povazska cementaren made profit worth almost Sk177 million in 2004, a drop of five per cent on the year, Jozef Sutara, an assistant to Povazska CEO, told CTK today. Sales were fl
Kenyan cement sector up by 11.9 per cent
Kenyans completed new buildings worth Sh2.3 billion last year, adding a clean Sh1 billion to the 2003 figure. A major beneficiary of the virtually private-sector-driven boom was the
Santa Cruz, La Paz drive Q1 cement production
Cement production in Bolivia in the first quarter grew 9.24 per cent to 308,973t compared to 1Q04, the country’s national statistics institute (INE) reported. The increase was due
Workers killed in roof collapse
At least 12 people, including five women, were crushed to death and 20 injured when an under-construction roof, crumbled this afternoon in a cement factory in Dalmiapuram in neighbouring Perambalur di
Romania watchdog fines cement companies
Romania’s competition council fined the country’s main cement producers EUR28.5 million for allegedly fixing prices on the local market, the regulator said in a statement Thursday. The Ro
INC seeks US$30m to boost capacity
Paraguay’s state-owned cement maker Industria Nacional del Cemento (INC) is seeking to invest US$30m to increase installed capacity, INC president Amílcar Troche announced. The move is to incre