Cement News tagged: International
Lafarge and Cemex terminate jv
Lafarge and Cemex announce that they have signed today a Letter of Intent to terminate their 50/50 joint venture in Readymix Asland (RMA) in Spain, and Betecna Betao Pronto (BETECNA) in Portugal.
Cement industry may grow at nine per cent
Cement industry is expected to grow at 8-9 per cent compounded annual growth rate (CAGR) in medium term, according to industry chamber Assocham.
Holcim Romania opens 10th environmentally friendly plant
Holcim Romania has opened its 10th environmentally friendly concrete plant, located in the western city of Timisoara following an investment of EUR1.5m.
Oman Cement Co Posts $35.35m net profit Jan-Sept 2005
Oman Cement Company (OCC) reported a 40 pct YoY increase in net profit to 13.61 mln Omani rials ($35.35m) for the first nine months of 2005, the company said in a statement to the Muscat Securities Ma
Fujairah net profit surges, UAE
The net profit of UAE cement manufacturer Fujairah Cement Industries Company surged to 102.7m UAE dirhams ($27.9m) for the first nine months of 2005, up from 73.6m dirhams
CRH in further North American expansion
CRH is spending US$413m to considerably expand its heavy building materials businesses in the United States, including the debt being assumed, in three separate transactions.
Lucky Cement impressive sales, Pakistan
During the year under review the performance of the company remained quite impressive as its sales and profitability were considerably on the higher side as compared to the preceding year’s. How
Indian cement firms raise prices in western region
India’s top cement makers have announced a price increase of 5 rupees per bag in Mumbai and neighbouring markets, dealers said on Wednesday.
Sale of Southern Star closes, Colombia
Colombian cement maker Compaña de Cemento Argos SA has completed a $245m acquisition of Southern Star Concrete Inc.
Magyar Cement Preparing Lawsuit Against Holcim, Hungary
Hungarian cement company Magyar Cement Kft Tuesday has reportedly said it is preparing a lawsuit against Switzerland’s Holcim Ltd. Magyar has claimed Holcim acted fraudulently when acquiring a 5
Martin Marietta reports accelerated price increases
Martin Marietta, the second largest US aggregates supplier, sold 139.7Mt (154.0mst) in the first nine months of 2005, an increase of 7.4%. Prices in the period improved by 7.8%, and the underlying imp
Baltsem Decides Buy 0.37% of its shares, Ukraine
The Supervisory board of the Baltsem company (Balakliia, Kharkiv region), which is one of the three largest cement producers, at its October 25 meeting decided to buy 0.365% of shares from its shareho
Cimpor sells Semapa stake
Portuguese cement company Cimpor Cimentos De Portugal said Monday it has sold its remaining 20 per cent stake in rival Semapa for EUR144m. Cimpor said it sold the 23.7 million shares in an over-the-c
Semen Gresik to build new cement factory
State-owned cement maker PT Semen Gresik in East Java will soon start to build a new cement factory with an annual capacity of 2.5Mta. The new plant is needed to meet the needs of the market, which i
Dalmacijacement profit down
Croatian cement maker Dalmacijacement-RMC Group, owned by Mexico’s Cemex S.A., said on Monday its nine-months net profit fell by 19.5 per cent on the year to 111.4 million kuna ($18.1m). In its
Oskolcement and Belgorod Cement report
In January - September 2005 Oskolcement (the Belgorod region) made 2.3Mt of cement, having exceeded the figures posted in the same period 2004 by 0.9 per cent. Belgorod