Cement News tagged: International
Nigeria-SA deal for cement plant in North West
Nigeria’s leading cement and building materials firm, Dangote Cement, and Sephaku Cement, have signed a shareholders agreement paving the way for the start of a R3bn project
Affordable houses for all not realistic in Nigeria
President, Nigerian Institute of Architects, Mr Eric Chukwuka, said on Sunday in Abuja that affordable houses for all might not be realistic unless the government intervened.
Sichuan Zhiquan Special Cement Closes US$40m financing to expand cement production in the earthquake affected areas
Sichuan Zhiquan Special Cement announced the closing of a US$40m convertible preferred stock financing led by the corporate principal investment arm of Merrill Lynch and Lunar Capital Management.
Cement factory jobs under threat
A north Wales cement company is looking at cutting its workforce after seeing a 20 per cent drop in demand for its services.
Chinese firms eye two cement plants in the Philippines
A group of cement producers from China is seriously considering the construction of greenfield plants in the Philippines with a combined output of 3Mt and minimum investments of US$400m.
"We don’t need many people, we need good people"
According to Alex de Volukhoff, Russia head of Lafarge, the French cement giant, the difficulty of finding and retaining effective managers is particularly acute in Russia.
Eurocement cuts Moscow prices
Russia’s biggest producer of the building material, Eurocement has cut its official prices around Moscow by as much as seven per cent,
Vietnam: Thai Binh Cement to list over 1m shares
The Ha Noi Securities Trading Centre (HaSTC) has approved Thai Binh Cement (TBX) to list over 1m shares.
Kenya’s ARM to build US$120m Tanzania cement plant
Kenya’s Athi River Mining (ARM) said on Thursday it will start work on a US$120m cement plant in Tanzania next week that would be the largest in the east African region.
Dangote Cement, Sephaku, formalise deal to build 2.2Mt plant
Dangote Cement and Sephaku Holdings announced yesterday that they have entered into a shareholders agreement for Sephaku Cement that will see the building of a 2.2Mt cement plant in South Africa.
Eagle Cement moves to acquire Nigercem
Eastern Bulk Company Limited, makers of Eagle brand of Cement has concluded arrangements to take over the Nkalagu cement factory in Ebonyi State.
Fiji: new factory planned
A new $50m cement manufacturing factory is to be set up in the Western Division.
Taiwan Cement to raise export price by 50% in 2009
Taiwan Cement Corp., Taiwan`s largest cement maker, has decided to raise export price of cement by 50%, to over US$50/t for next year from this year`s US$34-35, according to company sources.
India: ACC buys 40% stake in Alcon
ACC has acquired 40 per cent stake in Goa-based Alcon Cement Company which has a capacity of 500tpd.
Indonesia Bosowa Maros to build US$200m factory
Indonesian cement maker PT Semen Bosowa Maros plans to build a new US$200m cement factory in Central Java.
China’s cement production slows, but price hikes
Growth of China’s cement output slowed down in August of this year, but price of cement hiked, according to the National Development and Reform Commission (NDRC).