Cement News tagged: International
Tsement to be expanded without foreign investments of RUR5bn
Tsement OAO (Golukhinskiy Cement Plant, Altai region) will be expanded without participation of Germany’s Heidelberg Cement, that was expected to invest up to RUR5.25bn
Union threatens to lock down Carib Cement Company
NWU deputy island supervisor Danny Roberts (right) speaks at a press conference yesterday at the union’s headquarters in downtown Kingston.
Mergers, acquisitions to accelerate in cement sector
China is likely to see the number of its cement manufacturers declin to 1000-odd in 2010 from the current 5000-plus, said Lei Qianzhi, head of China Cement Association.
Pakistan cement price on the rise
The cement prices got the raise of Rs5-10 per 50 kg bag at the retail level after experiencing persistent depression in the first quarter of fiscal 2007-08, it is learnt here Tuesday.
Egypt’s Lafarge-Titan to invest $180m
Egyptian joint venture Lafarge-Titan Group will spend close to $180m to boost its cement production capacity by about 50 per cent, a senior company executive said on Wednesday.
Holcim Thai unit to halt two cement kilns early 2008
Siam City Cement PCL, majority-owned by Holcim, said Thursday it will shutter two kilns from early 2008, due to higher production costs and sluggish domestic demand.
Oman Cement Co Sales Up 4.25 per cent YoY nine-month 2007
Oman Cement Company (OCC) reported on November 11, 2007 a YoY sales increase of 4.25 per cent to 1,455,686t of cement for the first nine months of 2007.
British cement outlook
With construction investment running at record levels, the outlook for the cement industry in Great Britain can generally be said to be reasonably encouraging.
Cemex in negotiations with Ready Mix USA to contribute and sell additional assets to joint venture
Cemex, Inc.announced today that it is in negotiations with Ready Mix USA to expand the scope of their ready-mix joint venture formed in July 2005.
Justice Department Requires Divestitures in Vulcan’s Acquisition of Florida Rock
The Department of Justice announced today that it has reached a settlement that will require Vulcan Materials Company and Florida Rock Industries Inc. to divest
Investfino hikes stake in Cimpor to over 20 per cent
Cimpor said Investfino has increased its stake in the company to over 20 per cent after acquiring 5m Cimpor shares on Nov 9 up from approximately
Strike threat looms over Carib Cement
Carib Cement Rockfort plant. The threat of strike action now hangs over Caribbean Cement Company Limited.
Indonesia’s Semen Padang mulls plan for new cement plant
PT Semen Padang, a unit of Indonesia’s largest cement producer, PT Semen Gresik, is considering building
Cimpor 9-month net seen lower on higher debt but revenue seen increasing
Cimpor’s nine-months’ to September net profit is seen slightly lower on higher debt, while revenue is seen increasing due to strong demand in emerging-market countries where the cement maker is
Turkish Akcansa Posts $136.5 Mln Net Profit Jan-Sept 2007
Turkish cement producer Akcansa posted a net profit of 165 mln Turkish lira ($136.5 mln/93.6 mln euro) in the first nine months of 2007.
Finland: Shortage of cement causes plant stoppages
In spite of promises by Finnish cement producer Finnsementti, the shortage of cement has not eased in Finland.