Cement News tagged: International
Indian expansion leads growth at Holcim
Holcim’s turnover rose by 29.8% in 2006 to SFr23,969m (EUR15,170m) and the operating EBITDA advanced by 31.5% to SFr6,086m (EUR3,852m) as margins improved from 25.1% in 2005 to 25.4
Lafarge completes roof division sale to PAI Partners
Lafarge SA has completed the sale of a controlling stake in its roofing-tile business to Paris-based private equity firm PAI Partners.
India Finance Ministry: cement prices beyond "reasonable limit"
India’s Finance Minister P. Chidambaram Thursday asked cement makers and other manufacturers for help in fighting inflation.
India’s Gujarat Ambuja Feb shipments up 9.7 per cent YoY
Gujarat Ambuja Cements Ltd. , India’s third-biggest cement maker, said its February shipments rose 9.7 per cent to 1.36Mt from a year earlier.
Cimpor completes acquisition of Turkish cement company YLOAC
Cimpor said that it has completed the acquisition of 99.68 pre cent of the share capital of
Ukraine Cement output up 56.9 per cent YoY Jan 2007
Ukraine’s cement output jumped by 56.9 per cent YoY, but declined by 26.9 per cent month-on-month to 767,000t in January 2007, data of the State Statistics Committee showed.
Vicat’s offer for Malaysia’s CIMA units lapses
An offer by French cement firm Vicat to acquire equity interests in five subsidiaries of
Egypt’s OCI in deal to build Saudi cement plant
Egypt’s Orascom Construction Industries said on Tuesday it had agreed to a joint venture with the Saudi Khayyat Group to construct a greenfield cement plant in the kingdom for up to $360m.
Real estate developers worried over cement shortage
Ghana Real Estate Developers (GREDA) on Tuesday expressed worry over the non-availability of cement as a core product of the building industry.
Lafarge invest US$50m in plasterboard plant
French cement maker Lafarge and Mexican paints maker Comex have invested US$50m (EUR37.8m) in a plasterboard plant in Mexico, the two companies announced.
Holcim Romania to halt white cement production in 2008
The Romanian unit of Holcim would halt its production of white cement next year due to persistent rise in natural gas prices, the company said on Tuesday.
PPC announces R604m capital expansion project
Pretoria Portland Cement Company Ltd (PPC) today announced details of its latest cement upgrade and expansion project.
Holcim raises Ambuja Cements India holding to 78 per cent
Holcim Ltd confirmed it has raised its stake in Ambuja Cements India Ltd (ACIL) by another 11 per cent, bringing its total holding to 78 per cent.
Cement makers say current product prices justified, India
In its endeavour to curb inflation, the government is proposing to raise the excise duty on cement by introducing a differential duty structure on the commodity
Dung Quat approves new cement plant, Vietnam
The management board at Dung Quat Economic Zone has granted Dai Viet Construction, Materials and Investment a licence to set up a new cement plant.
Location for new cement plant sought, Azerbaijan
Representatives of France’s Lafarge are going to Baku today to examine raw material sources required for production of cement.