Cement News tagged: International
Titan sees FY local demand slowing, Greece
Titan Cement said in a presentation to brokers that it sees growth in local demand for the rest of the year, but at a slower pace than that in the first quarter. However it expects very strong demand
Vladimir Reg govt accepts offer to build $110 mln cement plant, Russia
The government of Russia’s Vladimir Region has accepted a proposal by the Czech Republic’s ZVM Industry to build a US$110m cement plant in the region with an annual output of 1Mt, the regi
Pakistani cement firm shows interest to invest in Sudan
A Sudanese minister discussed with a Pakistani firm delegation potential of investing in eastern Sudan where the company is interested to establish a factory.
Birla Corp Q4 net up 76 per cent
Birla Corporation Ltd has posted a net profit of Rs 125.76 crore for the year ended March 31, 2006, a 45 per cent growth over the previous year. Its turnov
Steel Authority of India has identified Jaiprakash Associates as joint venture
Steel Authority of India has identified Jaiprakash Associates as the strategic partner for setting up a 2Mt slag-based cement unit at its Bhilai Steel Plant. In an intimation to exchanges, the company
Cemex: bet high – bet low?
The recent Cemex 20-F filing to the US Securities and Exchange Commission in early June-06, highlights some interesting financial background notes of this international cement and building materials g
CRH wins the opening Uniland round
CRH appears to have won the opening round in its court battle with the board of Corporacion Uniland, the Catalan cement group 26.3pc owned by the Irish building materials giant. The Commercial Court
Ilam cement plant investment
According to Tehran Times some Euro 25m will be invested in a development plan that is aimed to increase the production capacity of the Ilam Cement Plant. According to the plant’s managing director Mo
Holcim Romania raises workforce development
Holcim Romania will invest Euro 600,000, up 30 per cent year-on-year, in programmes aimed at the personal and professional development of its employees, it was reported on June 26, 2006.
VNCC to offer shares by 2007
The Viet Nam Cement Corporation (VNCC) currently holding 46 per cent of the nation’s cement market, expects to complete equitising all of its subsidiaries by the end of 2007, according to direct
Cemex to invest in new Latvian cement plant
Cemex plans to invest US$160m in the construction of a new cement plant in Latvia to prevent cement deficit on the Latvian market of construction materials, reported the Latvian business daily Dienas
Hanson to strengthen its European slag operations?
Fresh from taking over the Civil and Marine in March this year (with this UK-based company noted as the UK’s largest supplier
Basic Element, Inteco plan cement plant, Russia
Russian holding Basic Element plans to build a cement plant in Russia’s Ryazan Region jointly with Inteco company, Russian business daily Vedomosti said Friday, citing sources in both companies.
Strengthening of aggregates in the US
Aggregate Industries, a wholly owned subsidiary of Holcim Ltd, has agreed to acquire 100 per cent of Meyer Material Company (Meyer) for US$231m from US Equity Partners, LP and Park Avenue Equity Partn
Portland set to acquire stake in Kigali Cement, Rwanda
Buoyed by a strong balance sheet and a reduced cost of doing business, East African Portland Cement Company (EAPCC) has signed a joint venture with Rwanda’s Kigali Cement Company. Under the arrangement, EAPCC will acquire a 60 per cent stake in the company, before setting up a cement milling plant in Kigali. Currently, the firm controls 40 per cent of Rwanda’s cement market, making it an attra...
HeidelbergCement JV raided by Cartel Office, Germany
HeidelbergCement AG, Germany’s biggest cement maker, said a joint venture was raided by German antitrust officers who are investigating price fixing in the erection of silos on building sites. T