Cement News tagged: International
Gresik expects improved 2005
PT Semen Gresik expects to book IDR500 billion in net profit next year because of rising demand for cement, a company official said Tuesday. Gresik’s chief financial officer Cholil Hasan said th
Cementir sees Aalborg, Unicon synergies offset by energy costs
Cementir SpA said the synergies from its recent acquisition of Danish firms Aalborg Portland and Unicon from FLS Industries AS will be offset over the next two years by higher energy and logistics cos
Orascom to renovate Iraqi plant
Orascom Construction Industries announced that the Kurdistan Regional Government has awarded an OCI consortium a 12-year lease contract for the Tasluja cement plant located near Suleimaniyah City in t
Indonesian government proposes Cemex alternative
The Indonesian government said it hopes to settle dispute with Cemex Asia over state-owned cement maker PT Semen Gresik by offering the Mexican giant to invest in other companies
Holcim inaugurates new cement plant, Vietnam
Holcim Vietnam has opened the Thi Vai Cement Grinding Plant in the southern province of Ba Ria - Vung Tau. The plant will supply 1.3Mt of cement to the market per annum, according to the company gener
Indonesia October cement sales grow 5.5 per cent
Indonesia’s cement consumption grew 5.5 per cent in October to 2.97Mt from the same month a year earlier, the country’s largest cement maker said, reflecting strong building activity. Mont
Podilskyi Cement plans to increase output, Ukraine
The Podilskyi Tsement company (Kamianets-Podilskyi, Khmelnytskyi region), one of top three cement producers, plans to increase production by 12.5 per cent in 2005, producing 1.575Mt of clinker and1.6M
Mexican Customs demand cement sale
As part of its convoluted legal manoeuvrings, the Mexican Customs authorities are now demanding that the 27,000t of cement from the Mary Nour be discharged into customs protection and then to be sold
Mexican Customs demand cement sale
As part of its convoluted legal manoeuvrings, the Mexican Customs authorities are now demanding that the 27,000t of cement from the Mary Nour be discharged into customs protection and then to be sold
Mexico bans Mary Nour import from Russia?
Unconfirmed reports on November 25, 2004 suggest that Mexican customs authorities have banned Mexican cement importer Comercio para el Desarrollo Mexicano (CDM),
New South African cement plants
The South African government is considering establishing its own factories to manufacture cement and alleviate shortages of the commodity which it fears might hamper its ambitious project to eliminate
China, Laos to strengthen ties
China and Laos will further strengthen cooperation in various fields through the upcoming official visit of Chinese premier Wen Jiabao to Laos, said Chinese ambassador to Laos Liu Yongxing here Friday
JPM on Lafarge
Analysts at JP Morgan are retaining an ‘overweight’ rating on Lafarge, with a DCF-based price target of €86, 21% above the current share price. Our valuation assumes a continuation of the current prof
Mary Nour price effect
The MV Mary Nour, still stranded in the port of Altamira, on Mexico’s Caribbean coast for close on four months and awaiting a further court ruling is – despite its inability to discharge its 27,000t o
Collomb continues Asian tour
Vietnam is a potentially large market for cement manufacturers, said Bertrand Collomb, chairman of French building material firm Lafarge.
Sedco embarks on expansion programme
The Sabah Economic Development Corp (Sedco) is embarking on a massive expansion programme involving some of its 19 subsidiaries. Sedco chairman Datuk Mohd Lan Alani said the expansion programme will i