Cement News tagged: International
Cyprus Cement book value jumps on revaluations
Cyprus Cement saw its book value per share jump by 113% to EUR 2.0029 per share from EUR 0.94 previously after a massive increase in revaluation of land assets following the deal with Vassiliko.
EBRD mulls EUR29.4m loan to Albania’s Antea for new plant
The European Bank for Reconstruction and Development (EBRD) is considering lending EUR29.4m to Albania’s Antea for the construction of a cement plant, the bank said.
Cementir’s progress held back by Italy
Cementir generated a turnover of EUR1152.1m in 2007, which represents an increase of 9.4 per cent.
Italcementi ties up deal with Sibirskiy Cement
Through Ciments Français, Italcementi is taking a 5.4% stake in Sibirskiy Cement, the second largest
India’s Ambuja Cements Mar shipments up 16 per cent YoY
Ambuja Cements Ltd , India’s third-largest cement maker, said on Tuesday its March shipments ros
New plant becomes operational in Yen Bai, Vietnam
The Yen Bai Minerals and Cement Joint Stock Company has launched the operation of its cement plant after two years of construction.
Cameroon: Limbe Cement Factory - site survey to begin soon
Port specialists from the South Korean Golden Bell Company Limited, will begin the site survey of the Limbe cement factory in Cameroon
Indian cement makers set to raise prices again
Contrary to the govt’s intention, rates may rise by Rs3-5 per bag at the beginning of April.
TPI Polene sees end of debt restructuring, Thailand
TPI Polene expects to complete refinancing of its restructured debt this year before completing its fourth cement line at an additional cost of THB6bn.
Nigeria: high cost of cement imports ’not a solution’
The chairman, Senate committee on industry, Senator Kamarudeen Adedibu, has criticised the Federal Government for
Guam cement shortage hinders projects
A number of construction projects may be delayed because of the low amount of cement that is available in Guam, according to local press reports.
Gas supply cut off to Tajik Cement over debts
Tajikistan’s largest cement producer, Tojiktsement [Tajik cement] state unitary enterprise, has suspended its operation
Cement demand in UAE to touch 26Mt by 2011
Demand for cement in the United Arab Emirates (UAE) is likely to touch 26.2Mt by 2011, a local investment bank has predicted.
Pakistan cement sales and exports rise
Pakistan’s monthly cement sales and exports reached 2.61Mt and 726,000t respectively.
Eastern Europe boosts Buzzi Unicem profits
In 2007, Buzzi Unicem increased turnover by 9.1% to EUR3,205m and the EBITDA advanced by 12.3% to EUR1,043.6m.
Initial Turkish and Chinese contributions boost Cimpor
Helped by the initial consolidation of Turkey and China, Cimpor increased turnover by 20.0% last year to EUR1,966.1m