Cement News tagged: International
J&K cement to expand capacity
J&K Ltd is planning to expand the capacity of its existing plant in Jammu by 600tpd involving an outlay of Rs 64.16 crore. Of the Rs 64.16 crore, the Planning Department has already agreed to release
RMC Analysis
Selling much of its stake in Australian subsidiary ABL to Boral and others, UK-based RMC looks to be managing its affairs better than previously expected. Merrill Lynch takes a snapshot view.
Buzzi Unicem takes formal control of Dyckerhoff
At the beginning of January, Buzzi Unicem paid €2.6m for a 0.5% interest in the Dyckerhoff ordinary share capital, taking its stake to 50.07% and thus a majority. Assuming the exercise of the
Government cuts import duties
The Philippine Department of Trade and Industry (DTI) has decided to slash P5 off the definitive safeguard duties imposed on all cement imports over the past two years after local producers
Pakistan cement demand
Demand for cement grew during the second quarter of the current fiscal year but the rate of growth declined compared with the first quarter, a statement issued here Friday quoted Tariq Saigol, chairma
Indonesia seeks investors for Gresik
The Indonesian government has been approaching potential investors from Japan and South Korea to purchase Cemex Asia Holding`s 25.5 per cent stake in the country`s largest
Vietnam Binh Phuoc.
Ha Tien 1 Cement Co. yesterday broke ground for a factory with annual capacity of 2Mta in the southern province of Binh Phuoc. The US$310m factory covering 77.8 hectares of land
Anhui Conch Cement purchases stakes.
Anhui Conch Cement Co Ltd said it and its subsidiary, Anhui Ningguo Cement Factory, signed an agreement on Dec 25 with Anhui Changfeng Cement Co Ltd to purchase a 10 pct stake the
China`s Huaxin Cement to buy stake in Suzhou Jinmao Cement
Huaxin Cement Co Ltdsaid its shareholders agreed to buy a 51 per cent stake in Suzhou Jinmao Cement Co Ltd from two companies.
Nigerian WAPCO seeks $290m
Nigeria`s largest cement maker WAPCO said on Tuesday it wanted to raise 40 billion naira (US$290m) through a combination of medium-term debt and a rights issue to restructure its debt and bolster work
Cement sales up 11 per cent.
Cement sales in Bolivia to October 2003 are 11 per cent higher than for same-period 2002, according to national statistics institute INE and the country`s cement and concrete institute, El Diario repo
Egyptian Cement Output
Egypt`s cement output stood at 2.449Mt in September 2003, down from 2.739Mt in August 2003, the Central Bank of Egypt (CBE) said. Local cement sales stood at
Govt. slaps 25.8% duty on cement imports.
Jamaica`s government has approved a 25.8 per cent duty increase on imported cement, which pushes the total duty to 40.8 per cent. The Anti-Dumping and Subsidies Commission recommended
Freight rates hamper cement exports
The surge in shipping freight rates has hindered the exports of cement and clinker from the country. Cement producers would have exported much more but for the rise in freight rates. About 6.9Mt of ce
India Cement Companies raise prices
MUMBAI (Dow Jones)--Indian cement producers have raised prices in Mumbai by an average of 10 rupees ($1=INR45.57) per 50kg bag to INR165 per bag, due to growing demand
AdBri delisting plan
Boral will seek to have Adelaide Brighton delisted from the Australian Stock Exchange if its $A840m takeover bid succeeds. The Australian building products group is offering