Cement News tagged: International
Holcim South Africa buyout debt to be led by two sources
Citi and JPMorgan have been mandated to arrange the debt supporting the recent buyout of South Africa-based cement company Holcim South Africa
Jidong Cement Signs Agreement on Two 5000t/d Cement Production Lines in Liaoyang
The agreement on Jidong Cement’s two 5000tpd new dry clinker production line project was signed in
Russia new cement plant
Zhejiang GUANGDA Construction Co., Ltd., represented by its Overseas Engineering Branch in Shanghai announces that they have been recently awarded as the turnkey contractor to build a new 5000tpd
CRH’s Americas Materials Division completes four acquisitions for US$350m
CRH plc, the international building materials group, announces four separate acquisitions by its Americas Materials Division for a total combined cash consideration, including debt assumed, of US$350
Taiwan Cement says China operations to double its pretax profit in 2008
Taiwan Cement Corp said its operations in mainland China are expected to double their pretax profit to CNY200m in 2008 compared with a profit of CNY100m seen for this year and a loss in 2006.
Cement is too expensive in the North, Nigeria
AN NPP activist, Mr James Zoogah, has made a passionate appeal to President J. A. Kufuor to use his influence on GHACEM,
China cement output growth rate slows in July
China’s cement output increased by 11.6% year-on-year in July, with the growth rate down 3.1 percentage points
Domedko Haksli to build plant in Voronezh Region in Russia
The Domedko Haksli company is considering building a cement plant in Russia’s Voronezh Region.
South Africa builds slowly on cement sales
Cement sales in South Africa increased 10.4% year-on-year (YoY) in August 2007 according to Cement and Concrete Institute (CNCI) data.
Cementir ahead in spite of weaker Italy
Cementir increased its total grey and white cement shipments in the first half of the year by 10.1% to 5.28Mt.
Saudi Southern Province Cement launches third cement plant
Saudi cement producer Southern Province Cement (SPC) has launched its third cement plant, board chairman, Prince Khalid al-Turki bin Turki,
Cement from abroad to rein in local prices, India
With India opening its doors for cement imports, many local companies have begun buying the commodity from neighbouring countries, including Pakistan.
Demand for cement to hit 17Mt, Nigeria
The Minister of Commerce and Industry, Mr Charles Ugwu, has in Abuja predicted that demand for cement in the country will rise to about 17Mt in 2008.
Nine banks to partially fund Orascom cement factory
With the Orascom Group to construct a new white and grey cement factory in Mascara (west of Algeria) estimated at US$538.5m, the project is to be partially funded by
Bamburi faces petition in cement shortage row
Kenya Airports Authority’s announcement that cement supply shortage is to blame for delay in completion of phase one of the Jomo Kenyatta International Airport in Nairobi has kicked off a
DIC, Hung Vuong companies to build US$50m cement factory in north
The listed DIC Investment and Trading Joint Stock Company and Hung Vuong Development Ltd. Co have recently agreed to jointly invest VND800bn ($50m) to construct a cement factory in northern province o