Cement News tagged: International
Holcim Philipppines 2008 review, 2009 outlook
In terms the economic slowdown most countries are experiencing, the Philippines, has not been as hard hit as other economies like the United States and Japan.
Iran’s Cement Industry Reaches Self-Sufficiency
Iran is now self-sufficient not only in cement production but also in constructing and commissioning cement factories, Industries and Mines Minister Ali Akbar Mehrabian said.
Sinoma establishes US$88m cement plant in Gansu
China National Materials Group Corporation (Sinoma), China’s largest cement-making equipment producer, inaugurated a new dry-process cement plant in Baiyin, Gansu province on Dec 29
Dangote makes N30bn currency gain in suspended cement deal
Nigerian news sources note that it may not all be bad news for Nigerian conglomerate, Dangote Group, following a December 12 announcement that it was suspending parts of its multi-billion dollars inve
Cemex US markets under pressure in 2009
Cemex could face more price declines in 2009 in the US, as lower-cost cement imports erode profit in the Mexican company’s largest market, weighing on efforts to reduce its $16.4 billion debt burden,
ACC alternative fuel business soars
ACC Ltd, the largest cement manufacturer in India, has seen its alternative fuels and raw materials (AFR) business, grow at more than 20 per cent this year. The company, which was looking
Indian cement prices to soften
India’s Economic Times has reported that cement prices are expected to soften by about INR7 to INR12 per bag in the first week of January, due to a slowdown in the housing sector and cheap imports of
Nigerian prices and imports in the spotlight again
Every day, news about high cost of cement makes headlines in the Nigerian press and while some blame the present government for lack of political will to enforce government policy to check possible ab
Tank-Weld imports from Vulcan in US
Tank-Weld has signed a contract with US construction firm vulcan Materials to supplym cement to the Jamaican market. Under the agreement, Tankweld will
Cemex to sell TCL shares
Cemex, plans to sell its 20 per cent stake in Trinidad Cement Limited (TCL) in response to difficult times the company has been hit with during the global economic dowturn
CNBM sees benefit of stimulus packages - UBS
CNBM said its parent is to acquire 85.17 per cent equity interest of Inner Mongolia Wulan Cement
JK Cement eyes 6Mta greenfield unit In Himachal Pradesh
Rich limestone deposits and the state government not averse to having more cement plants is attracting more players with JK Cements being the latest entrant
Competition office launches probe into Strabag takeover of Cemex units
Hungary’s Competition Office (GVH) said on Monday that it will launch a detailed two-phase investigation of Austrian construction company Strabag’s acquisition
Cemex says banks agree on refinancing deal
Cemex said on Monday its banks had agreed to refinance nearly US$2.2bn in debt maturing in 2009 and 2010, edging it away from default.
Overcapacity to reduce cement prices in Saudi
Overcapacity will push down cement price in Saudi Arabia
Equipment for Ba-tis cement factory arrives in Aden
The necessary equipment for the Ba-tis cement factory arrived in Mo’ala seaport on Monday.