Cement Industry News tagged under: International

08 January 2004

Lafarge expands in Asia

Lafarge is to increase the capacity of its Chongquin cement works in China from 0.8Mt to 1.8Mt by building a second production line. The US$40m investment is expected to be completed during the latte

08 January 2004

Operational changes at Siam Cement

Restructuring continues at Thailand`s largest conglomerate, Siam Cement Plc, despite the economic recovery - and it has already affected about one-eighth of the group`s total workforce, according to l

08 January 2004

Indian cement deals

After buying out L&T cement division, Grasim now owns the largest cement capacity in the country, but in terms of market share the Grasim-L&T combine seems to be losing out to ACC-Ambuja combine, who

08 January 2004

Turkish Unye Cimento

Turkish cement and clinker producer and distributor Unye Cimento in Unye, northern Turkey, expects to produce 1.1Mt of cement and

India Associated Cement to raise prices 08 January 2004

India Associated Cement to raise prices

Associated Cement Companies Ltd (ACC) India`s second largest cement maker, plans to raise prices by 5 to 10 rupees ($1= INR45.53) per 50kg bag later this month due to stronger demand, a company execut

08 January 2004

CRH reports improved second half performance

CRH expects to report a pre-tax profit for 2003 in early March in lime with the €856m achieved in 2002 in spite of an 18 per cent drop in the first half of 2002. This would represent a profit increas

AdBri caves In To Boral`s $867m offer 08 January 2004

AdBri caves In To Boral`s $867m offer

Boral cleared the first hurdle in its bid to acquire Adelaide Brighton yesterday after winning over the cement and lime producer`s independent directors, sweetening its takeover offer by A$27 million

07 January 2004

Court to rule on cement cartel fine

Europe’s highest court is set to rule on Wednesday 7th January whether the European Commission was right to impose millions of euros in fines against a large cement cartel in 1994. European antitrust

07 January 2004

Polish Cement plant to be closed down

Polish cement plant Cementowania Strzelce Opolskie, a subsidiary of the local cement group Gorazdze, controlled by the German sector company HeidelbergCement, will be closed down in 2004, it was repor

07 January 2004

PSP Engineering wins Russian contracts.

Czech firm PSP Engineering, has won several new orders in Russia, according to the firm`s spokesman Ludek Fesar. PSP has signed deals to complete a cement mill at the Voskresensk cement factory, owned

07 January 2004

Philippine Fortune Cement

Philippine-listed Fortune Cement Corp said its stockholders` equity has returned to positive at the end of 2003 after settling convertible loan notes last year. Fortune assured the Philippine Stock E

06 January 2004

RMC Analysis

Selling much of its stake in Australian subsidiary ABL to Boral and others, UK-based RMC looks to be managing its affairs better than previously expected. Merrill Lynch takes a snapshot view.

06 January 2004

J&K cement to expand capacity

J&K Ltd is planning to expand the capacity of its existing plant in Jammu by 600tpd involving an outlay of Rs 64.16 crore. Of the Rs 64.16 crore, the Planning Department has already agreed to release

06 January 2004

Turkey cement output

Turkey`s cement output increased to 26,946,360t between January and September 2003, up by 6.07 per cent year-on-year. Factories in the northwestern Marmara region produced 7.636Mt of cement, followed

06 January 2004

Holcim`s Particim cuts Cimpor stake

Holcim AG`s Particim subsidiary further reduced its stake in Cimpor Cimentos de Portugal SA to 0.62 per cent by selling 20.000 mln shares to C+PA - Cimento e Produtos Associados, Canal de Negocios cit

06 January 2004

Chilanga Cement has the capacity

Importation of cement into Zambia will only be allowed when there is a production shortfall at Chilanga Cement Plc, Ministry of Commerce, Trade and Industry permanent secretary Davidson Chilipamushi h