Cement News tagged: International
Second Burnpur Cement unit in Hazaribagh, India
Burnpur Cement Limited, which is entering the capital market with an initial public offer, will set up its second cement manufacturing plant at Patratu in Hazaribagh district of Jharkhand.
Ethiopia - DH GEDA to enter cement production
A joint venture company comprising of foreigners and an Ethiopian investors, the Duguma Hunde (DH GEDA) family, are to construct a cement factory,
Thai demand likely to grow 2%-7% in 2008
Thailand’s cement consumption is expected to return to positive growth next year in a range of 2% to 7% after a slight contraction this year
Carib Cement third quarter profits decline
The three month period ended September was a difficult one for Caribbean Cement Company Limited. The company posted a net profit of J$112.8m compared to J$153.2m during the corresponding period last y
India companies lines up investments in cement production
Steel and cement companies along with new players are planning to invest over Rs 38,000 crore in three to five years in new projects to tap the boom in cement demand.
Pakistan cement exports, local demand expected to surge
Pakistan cement exports and domestic demand would continue to surge in the next quarter of the current fiscal year, predicted industry sources.
Malawi wants greater business energy to deal with cement shortage
The government of Malawi has urged private firms to bring more cement into the country to alleviate shortages of the commodity
Semen Gresik profit margin to reach 30%
PT Semen Gresik Tbk has projected that its EBITDA margin could reach 30% this year.
Indian cement prices up and rising
After a very good rainy season, the construction activity is expected to start in next two weeks throughout the country.
Plea to expand Ariyalur cement factory
The Perambalur district wing of All-India Trade Union Congress (AITUC) has urged the State Government to expand the Tamil Nadu Cement Corporation-owned Ariyalur Cement Factory.
Sceptical about rebound in US housing starts
US housing starts bounced 3% month-on-month in October to an annualised rate of 1.229m units, from a revised 1.193m (previously 1.191m) in September and well ahead of consensus at 1.170m (5%). On an a
Holcim Philippines renews power contract
Holcim Philippines Inc. has renewed its power supply contract with the National Power Corporation (NPC) to provide electricity supply.
New cement plant proposed in Vietnam
The Bank for Investment and Development of Vietnam has recently signed a credit deal worthover US$100m with Do Luong Co. to build a cement plant in central Nghe An province, according to local reports
Lafarge to invest more in Romania
Lafarge is likely to invest Euro 58m in its three plants in Romania with the aim to increase their capacity by 1Mta. The move will enable the French company to meet the growing demand on the construct
Brazilian cement prices to be monitored
The Brazilian finance ministry’s economic monitoring department SEAE will meet with the national cement union SNIC in order to discuss the rise in cement prices, local press reported.
Power disconnection interrupts production in Tanzania
The Tanga Cement Company has been forced to halt production for 30 hours after Tanzania’s sole electricity supplier has disconnected power supplies without notice.