Cement News tagged: International
Cemex on the outer as Hanson joins the Rinker mix
Cemex is under mounting pressure to sweeten its $16bn takeover bid for Rinker Group, amid speculation the Australian company is eyeing a potential tie-up with the UK construction materials group Hanso
Duty drawback on cement export restored
The Central Board of Revenue has restored duty drawback of Rs 25.08/t on export of cement. The board on Thursday amended Schedule XIX of SRO 840(I)/2006 through a notification to implement the decisio
Duty drawback on cement export restored
The Central Board of Revenue has restored duty drawback of Rs 25.08/t on export of cement. The board on Thursday amended Schedule XIX of SRO 840(I)/2006 through a notification to implement the decisio
SAI Operates Cement-Packaging Terminal
Cement producer PT Semen Andalas Indonesia (SAI), a company associated in Lafarge Group, has started operating a cement-packaging termina
China’s Cement industry sales income increases in first 10 months
According to the latest statistics, as of October 2006, the sales income of China’s cement industry totaled RMB254.309bn, up 25.92% YoY.
Lafarge acquisition
Cement producer Lafarge’s aggregate and ready-mix business has acquired the Mpumalanga aggregates quarry and ready-mix operations of White River Crushers.
Heidelberg expands in India
German cement major, Heidelberg Cement, is strengthening its position in India. After buying a controlling stake in Mysore Cement in July, it has now acquired two grinding units in Kerala, according t
Assocham pitches for peak custom duty reduction
New Delhi, Nov 29 (PTI) Industry chamber Assocham today pitched for lowering peak custom duties rate to 10 per cent in the Union budget for 2007-08, from the existing 12.5 per cent.
Holcim projects 15% growth in 2007
Holcim Romania, the domestic subsidiary of Switzerland’s construction materials manufacturer, forecasts its turnover will reach EUR225m in 2007, Ziarul Financiar daily reports on Thursday.
Florida Rock 4Q profit rises
Florida Rock Industries Inc, said Wednesday its fiscal fourth-quarter profit grew 14 per cent as higher product prices and a lower tax rate helped offset a weaker residential construction market.
Rinker Rejects Cemex bid, Mexican firm may walk
Rinker Group Ltd Wednesday said the US$11.7 billion hostile bid from Cemex SA is "far too low", pressuring the world’s third largest cement maker to sharply improve its terms or walk away from
Oyak not to bid for Lafarge-Yibitas cement factories.
Celal Caglar, head of Oyak cement group, said that Oyak would not bid for the cement companies to be sold by Lafarge-Yibitas.
Govt urged to encourage cement exports
Cement manufacturers in Pakistan have demanded the government to facilitate exports with a view to augmenting foreign exchange earnings.
Lafarge to invest EUR6.5m in Romanian plant
Lafarge plans to invest EUR6.5m to implement the European environment protection standards at its cement plant in Hoghiz,
Eurocement Group will commitU $400m to projects in Ural Federal District
Eurocement Group is to invest around RUB10.8bn (US$410m) in the modernisation of cement producing units in the Ural Federal District.