Cement News tagged: International
Gresik sees market share concerns, Indonesia
PT Semen Gresik, Indonesia’s largest cement maker, expects its market share to fall below 40 per cent in the next two years, from the current 45 per cent, unless the company raises its productio
OCI invests in new capacity, Iraq
Orascom Construction Industries announced that an OCI / Faruk Rasool Group / Dler Sayed Maged consortium has obtained regulatory approvals for the construction of a new greenfield cement plant in the
Siam Cement reports operating results for full year 2004, Thailand
The Siam Cement Group (SCG) announced record operating performance for financial year 2004, citing strong performance in most of the strategic business units, particularly in the Petrochemicals Busine
Votorantim and Camargo Correa on the acquisition trail
The Brazilian industrial group Votorantim, owned by the family Erminio de Moraes, is betting on new acquisitions after taking over new assets in Brazil, North America and Peru in 2004 with R$4bn inves
Cement majors post higher shipments, India
Major cement companies in India have recorded higher sales in Jan 2005. The Ambuja group has recorded a growth of eight per cent at 12.57 lakh tonnes. The group has recorded a growth of five per cent
ENCI threatened with strikes , The Netherlands
Dutch cement factory ENCI is threatened with strikes if the deliberations between trade unions and the company’s management about the announced restructuring have a negative outcome.
Staggering prices derail construction projects, Brunei
The price of cement is reaching phenomenal heights, with the construction industry here feeling the pinch with a shortage. Construction work has been delayed and, in some cases,
Shree hopes for 8-9 per cent growth, India
Shree Cement hopes to log a growth of 8-9% for the whole year. The company is bullish about the industry’s prospects and expects to outperform it. HM Bangur, MD of Shree Cement thinks that the c
Cement production to climb, Iran
Minister of Industries and Mines Es’haq Jahangiri said that Iran’s cement production capacity will rise to more than 70Mt by 2010 which is the final year of the fourth five-year economic d
Lafarge Cement Pleads for Deported Chilanga Boss, Zambia
Lafarge Cement regional president Africa Tony Hadley presented the deportation case of Chilanga Cement Plc managing director Ian Coulter to President Mwanawasa for his consideration.
Holcim Slovensko modernisation continues, Slovakia
The largest cement producer in Slovakia, Holcim Slovensko, a.s, Rohoznik, plans to complete the second phase of modernisation at its production plant in Rohoznik in March.
Italcementi still targets Mediterranean markets
At its latest news conference, after releasing its preliminary results for 2004 Italcementi stated that it is to enhance its presence on the markets in the Mediterranean area. Among Italcementi priori
HeidelbergCement sees large losses in 2004
HeidelbergCement expects to post a loss of up to Euro 400m in 2004 after booking Euro 700m in one-off charges, the world’s fourth-largest cement maker said on Thursday. "The loss will be around
Holcim aims to expand in China
Holcim which recently announced big acquisition plans in India and the UK, plans to expand its position in the Chinese market as well, Chief Executive Officer Markus Akermann said Thursday. "We today
Ivano-Frankivsktsement to switch to dry
The Ivano-Frankivsktsement company, one of the five biggest producers of cement and sale in Ukraine, intends to switch to the dry method of cement production before 2007. A representative of Ivano-F
Public offering for Libyan cement company Public offering for Libyan cement company
Libya plans to raise US$270m by selling shares in a cement company, in the first initial public offering and biggest sale of a government-owned business as the country tries to create a