Cement News tagged: International
China profits from building materials sector
The profit of China’s construction material industry will hit ¥65bn (US$8.9bn for year 2007, up 29 per cent
Thailand’s cement industry: keeping pace
In contrast to the depressed domestic demand throughout 2007, domestic cement sales are likely to recover in 1Q08, backed by it being the peak season for demand.
Asia Cement to spin off its China operations
Asia Cement Corp a member of Taiwan’s Far Eastern Group, plans to spin off its China operations in a
Strong demand for Malaysian building materials
CIMB Research said it was expecting the government to meeting early this week to discuss several issues including an Automatic Price Mechanism
Cement subsidy offer for economically weaker sections
Seven private Indian cement manufacturers have come forward to sell cement at Rs200 a bag to people
Vicat takes state in Kazakh cement project
Vicat Group said it has acquired a 60 pct stake in a company which is developing a cement factory
Cement plant breaks ground in Phu Tho
Construction has begun on a VND900 billion (US$56.25m) new cement plant
Dangote Cement gets new chief executive
Richard Hadley, a former executive vice president of the Africa region for the cement division of the Lafarge
Solving the Indian shortages?
Commerce Minister Kamal Nath said that the government is looking into the cement price situation and
Pakistan cement sector registers 47 per cent rise in profit in ’07
The Pakistan cement sector registered an increase of 47 per cent profit in 2007 following the soared cement dispatches as of the upbeat local demand and expanding export market.
Italcementi says Kuwait unit to buy two mid-size concrete companies
Italcementi SpA said its Kuwait unit Hilal Cement is set to conclude the acquisition next week of two mid-sized concrete manufacturers in Kuwait.
NDRC publishes outdated production capacity elimination list, China
The National Development and Reform Commission published on January 7th the list of 1,066 enterprises
Holcim wins approval to raise stake in Huaxin Cement
Holcim Ltd won regulatory approval to buy a controlling stake in China’s Huaxin Cement Co. as the country’s construction boom boosts demand for building materials.
Vietnam consumes 36Mt of cement in 2007
Vietnam reportedly consumed nearly 36.06Mt in 2007, a YoY of 13%, said the Vietnam Cement Association.
Private cement cos agree to take decision on reducing prices, India
Private cement manufacturers have agreed to take a decision for reducing cement prices before February 10, following Tamil Nadu
Akmenes shuts production line for repairs, Lithuania
Lithuania’s only cement manufacturer Akmenes Cementas on Monday is shutting one of its two production lines for an annual scheduled maintenance period