Cement News tagged: International
ACC August cement production rises 20.3%
India’s ACC cement production increased to 1.6Mt in August compared to 1.33Mt in the same month last year. Despatches for the month rose to 1.57Mt from 1.37Mt in the previous year.
CNBM contracted for first cement production Line in Saudi Arabia
The Najran cement clinker production line contracted by China National Building Material Group Corporation (CNBM) in Saudi Arabia recently went into trial operation,
Investors waiting for regulators to cement Anhui deal
Morgan Stanley Private Equity Asia and the International Finance Corp. (IFC) are waiting for the necessary seals of approval from various departments in order to take up a joint 14.3% stake in Anhui C
Votorantim to boost capacity, Brazil
Votorantim Cimentos (VC) is to invest around US$850m by 2010 to boost its cement-making capacity by 30% to 25Mta.
Twiga Cement pre-tax profit rises
The Tanzania Portland Cement Company (TPCC) has posted TZS22.116bn/- pre-tax profit from its operations during the first six months of 2007,
Malaysia’s Cahya Mata Sarawak to acquire Sarawak Clinker Sdn Bhd
Malaysian construction company, Cahya Mata Sarawak Bhd (CMSB), said Monday it plans to acquire all of cement maker Sarawak Clinker Sdn Bhd for MYR110m.
Indonesia’s Semen Bosowa to go public
PT Semen Bosowa, a unit of Bosowa Corporation, has planned to arrange initial public offering (IPO) in 2008 to generate IDR1 trillion.
Cement plant construction launched in Jizzakh
The construction of a cement plant with the yearly production capacity of 3 million tonnes has been launched in Zafarbad district of Jizzakh region, Rosbalt reported.
Turkish production grows 7.2% YoY in Jan-May
Turkish cement production increased 7.16% YoY and reached 18.7Mt in Jan-May, according to Turkish cement manufacturers’ association (TCMA).
South Africa cement shake-up looms
South Africa’s domestic cement market is facing its biggest shake-up since the break-up of the cartel between the three biggest producers in the early 1990s.
Goldman buys 25 per cent of Chinese cement maker
Goldman Sachs has agreed to buy 25 per cent of privately owned Chinese cement maker Hongshi Cement for $80m, the Chinese firm said on Friday.
Greek Heracles Cement H1 group sales grow 0.5 per cent to EUR331m
Greece’s Heracles Cement said first half year group sales rose marginally to EUR331m, posting a 0.5 per cent increase over first half year 2006.
Chia Hsin Cement’s net profits up 10.73% in H1
Chia Hsin Cement generated US$ 3.107M in profits payable to the shareholders in the first half of 2007,
Booming Poland boosts H+H
Boosted, in particular, by a very strong performance in Poland, H+H, Europe’s second largest producer of aerated concrete, increased its first half turnover
Lafarge, firms vie for Iraq cement deals
Lafarge and FLSmidth are among at least five companies vying to renovate cement plants in Iraq at a cost of $500m, Iraq’s industry minister said on Wednesday.
Zambia, Congo mining projects face cement shortage -Zambian Govt
Increased investment in Congo and Zambia’s copper belts by mining companies has led to increased demand for cement,