Cement News tagged: International
Heidelberg, Indorama, Mysore Cements to merge
HeidelbergCement India, a wholly-owned subsidiary of HeidelbergCement, on Friday announced complete acquisition of Indorama cement and further consolidation of its Indian operation.
Cost of South African cement set to increase
Cement prices are set to rise significantly again from July, although one of the major local producers is resisting the industry pricing trend.
Italy Cementir 1Q08 pre-tax profit at EUR3.8m
Italian cement group Cementir Holding SpA, a unit of local construction company Caltagirone, posted a pre-tax profit of EUR3.8m (US$5.9m) for the first quarter of 2008 compared to EUR26m (US$40.1m) a
ACC to freeze cement prices over next 2-3 months
Indian cement manufacturer ACC Ltd said Friday it will hold cement prices for the next 2-3 months in response to the federal government’s request to help keep rising inflation in check.
Australian cement shortage relief to put building on track
North Queenslands sole cement supplier, Cement Australia, says supplies should be back to normal by mid-May.
PPC still working hard on BEE deal, South Africa
The planned broad-based black economic empowerment (BEE) deal by Pretoria Portland Cement (PPC) has been delayed further, with the ZARR4bn transaction expected to be finalised in the next few month
Shree Cement sees 15 per cent sales growth in FY09
India’s Shree Cement expects a 15 per cent growth in sales volumes in 2008/09 on sustained demand
Weak economy will take toll on cement consumption
With the US economy experiencing a severe economic weakness, its impact on cement consumption and the construction industry will not be mild,
Lower volumes hit Italcementi’s results
Italcementi’s first quarter turnover declined by 4.5% to EUR1306.6m, the running EBITDA was down by 5.3% to EUR260.9m and the trading profit fell back by 8.8% to EUR157.5m.
HeidelbergCement’s first quarter shows good underlying growth outside the USA
Helped by the consolidation of Hanson, the first quarter results from HeidelbergCement show a 71.8% increase in turnover to HeidelbergCement’s first quarter shows good underlying growth outside the US
Orascom boosts Lafarge’s Middle Eastern & African cement sales
Lafarge’s turnover increased by 8.3% in the first quarter to EUR4,000m, helped by the consolidation of Orascom from the 23rd of January.
Cement companies slash prices in Gujarat
Indicating the first signs of a roll-back in last three years, the cement companies have slashed the billing price by Rs3 per bag in Gujarat on Monday.
Cement to note highest price growth in 2008, Poland
In spite of the warm winter this year there has been no shortage of construction materials on the market, and, as a consequence
Holcim Philippines prepares for cement industry growth
Holcim Philippines, Inc. will spend P2 billion this year as it upgrades its equipment in preparation for as much as 10% growth in the local cement industry.
Boral cuts forecast on US housing slump, wet weather
Boral Ltd, Australia’s largest building products maker by sales, Thursday said net profit for the year ending June 30 may drop as much as 21% because of the US housing slump and wet weather at
Indonesia’s Rajawali wants Semen Gresik to expand abroad
The Rajawali Group, which has a 24.9 per cent stake in PT Semen Gresik has recommended the country’s largest cement maker expand operation abroad by acquiring one or two cement producers in Sout