Cement News tagged: International
Huaxin share purchase by Holcim confirmed
Huaxin Cement reported on Sunday it had raised 2.03 billion yuan (US$282m) by selling new shares to Holcim lifting the Swiss firm’s stake in it to 39.88 per cent from 26.11 per cent.
Another plant for Abu Dhabi?
A delegation from Nippon Oil Corporation Japan has paid a visit to the headquarters of Al Qudra Holding – the first general investment company in Abu Dhabi - following the joint cooperation deal sig
Nigerian cement prices
The price of cement soared by above 80 per cent last week with a 50 kilogramme bag of the commodity selling for as much as N2000 (US$17 per 50kg bag) at many depots in Lagos. Two weeks ago, a bag sold
Egyptian price-fixing trial starts
The trial of 20 Egyptian cement company executives on price-fixing charges began in Cairo on Monday but after a brief procedural session the court adjourned until March 10. The 20 executives, who did
More focus on cement expansion
Vietnam’s Prime Minister Nguyen Tan Dung on February 18 urged central Thanh Hoa Province to speed up the construction of cement plants to make itself a large cement production centre in Vietnam. The P
Baticem offers to buy French assets
Turkish cement company Baticim said on Tuesday it had made an offer to Ciments Francais for its Turkish cement operations Batisoke,
Azerbaijan demand to increase up to 7Mta
The Azerbaijani government forecasts doubling of cement demand in the country for the medium-term period.
Sagar Cements plans 5Mt plant in Karnataka
Sagar Cements Ltd said on Thursday it plans to set up a 5Mt cement plant in Karnataka, and is also considering a plant in Oman
Shree Cement plans unit in Madhya Pradesh
Close on the heels of acquiring mining rights for limestone in Madhya Pradesh, Shree Cement has chalked out a Rs 2,000-crore plan to set up a 2Mta cement plant.
Egypt’s Misr Cement Qena 2007 profit up 17.7 per cent
Egyptian cement company Misr Cement (Qena) posted a 17.7 per cent rise in net profit in 2007 to E£276.45m (US$50.3m),
India Jan cement sales up 4.6 per cent YoY
Cement sales in India rose 4.6 percent in January from the year ago
Brazil’s Jan cement sales up 17 per to record 4Mt
Brazil’s domestic cement sales rose 17.6% in January compared with the same month last year,
Second-tier cement firms speed up deployment in Mainland China
Following the footsteps of Taiwan Cement Corp. and Asia Cement Corp., Taiwan’s second-tier producers in this line,
Vulcan announces record operating earnings for 2007
Vulcan Materials Company today announced that 2007 full year sales, net cash provided by operating activities, operating EBITDA
Qatar cement firm sees 78% jump in net gains
Qatar National Cement Company (QNCC) yesterday reported 78% jump in net profit to QR355m in 2007.
Taiwan Cement Jan consolidated sales TWD2.99bn, up 6.6 per cent YoY
Taiwan Cement Corp said its consolidated sales amounted to around TWD2.99bn in January