Cement News tagged: International
GCC buys Four US concrete companies
Grupo Cementos de Chihuahua (GCC) has bought four ready-mix concrete companies in the USA for an undisclosed sum, GCC said on January 5, 2006. GCC bought Consolidated
China Resources Cement expands for 11th Five-Year plan
China Resources Cement Holdings will continue to invest in cement production in the next three year although there is downward pressure on cement price.
Tabuk Cement net profit up 20 per cent, Saudi Arabia
Tabuk Cement’s net profit rose to SR154.8m in 2005, up 20 per cent from the previous year, the Saudi Arabian company said yesterday.
Orascom expands its bag interests
Orascom Construction Industries has acquired Egypt Sack Company for E£43m (EUR6.3m). Egypt Sack operates a single plant with an annual capacity of 60m cement bags and generated a turnover of E£38.6m
TPI asks court for exit from debt restructuring status
TPI will ask the Central Bankruptcy Court on 29 December for approval to exit business rehabilitation, according to Gen Mongkol Ampornpisit, the chairman of the rehabilitation plan administration team
Cement giants put up bulk of shares for auction
Bim Son will offer 18 million shares and But Son 22m. The reserve price for both is VND11,000 compared to a par value of VND10,000. The deadline for registration of Bim Son shares is January 13 and th
Argentina’s Loma Negra considering bond programme
Argentine cement manufacturer Loma Negra is analysing the launch of a US$500m bond programme, the company said in a filing to the local stock exchange.
Wendel in talks to buy Materis for more than EUR2bn
French holding company Wendel Investissement is in talks to buy specialty materials maker Groupe Materis for more than EUR2bn, local press reported.
British Cement Association: Compliance with new waste incineration directive
All four members of the British Cement Association – Buxton Lime Industries, Castle Cement, Cemex UK and Lafarge UK – fully comply with the Waste Incineration Directive (WID) which came into force on
Pakistan cement sales up 12 per cent
Cement sales during the first six months of the current fiscal year registered a growth of 12.09 per cent as construction activity in the country was in full swing despite the fact that during this pe
Cemento Melón submits new plant for approval
Chile’s Cemento Melón group, controlled by France’s Lafarge, has submitted to the national environmental commission (Conama) an environmental impact study (EIS) for its new cement milling
Konya Cimento to invest in cement mill construction
Turkish building materials producer Konya Cimento will invest Euro 12m in the construction of a new cement mill, the company said in a statement to the Istanbul Stock Exchange (IMKB)
Indian cement sales show steady gains
Local analysts expect India’s demand (including exports) to increase by about 10Mt in the new calendar year and cross the 150Mt mark.
Another Chinese supplier opts for IPO
China National Building Materials, the mainland’s largest provider of products used in construction, plans to raise up to US$150m in an initial public offering in Hong Kong this quarter, market
Ramco to set up cement plant in Gulf
India’s business group Ramco has started negotiations with potential partners for setting up a US$100m cement plant in the Gulf region, a senior company official said here. The
Indonesian cement increases by 5.9 per cent
The sales volume of domestic cement in January-November 2005 has increased by 5.9 per cent to 28.864Mt from 27.244Mt in the same period in 2004. However, the total volume of