International

27 July 2005

Strong demand drives Vulcan

Vulcan Materials Company today announced record second quarter net earnings of US$122m, as compared to US$88m. Net sales increased 21 percent from the prior year’s level, while earnings from con

27 July 2005

Lafarge North America reports

Lafarge North America Inc the leading supplier of construction materials in the US and Canada, today reported second-quarter 2005 net income of US$142.9m. Operating income for the quarter was US$208.2

27 July 2005

Argentina fines cement producers

Argentina’s Economy Minister Roberto Lavagna said the country’s competition bureau will fine all of the country’s cement producers for colluding on prices and to divide the country&r

26 July 2005

Sale of TPI shares await court approval

The planned e-auction of TPI Polene Plc’s 250 million shares may be derailed if the court approves Prachai Leophairatana’s latest attempt to regain control over the country’s third l

26 July 2005

Azores Cement Sales Down

Cement sales in Portugal’s autonomous region of the Azores Islands registered a 2.7 per cent year-on-year decrease to a total 27,382t in May 2005, data from the Azores regional statistics office

26 July 2005

GCC set to spend on three new plants

Mexican cement firm Grupo Cementos de Chihuahua (GCC) is ready to invest US$250m in three new plants, one of which will be in the US while the other two will be in Ciudad Juárez, Chihuahua state, news

26 July 2005

Vicat posts higher 1H turnover

French building materials supplier Vicat posted a Euro 858.32m turnover for the first half of 2005, up 7.9 per cent year-on-year, it was reported on July 25, 2005. The company turnover generated in

26 July 2005

Lafarge India to add capacity in India

Lafarge India is planning to hike its production of portland slag cement (PSC) by 0.4Mta which would take its total installed capacity of PSC and fly-ash based portland pozzolona cement (PPC) to 3.4Mt

25 July 2005

Italy Italsigma Plant Starts Working

The plant of Italian concrete admixtures producer Italsigma has started working at full capacity, the company said. Italsigma is a joint venture between Italian concrete admixtures supplier Axim Italc

25 July 2005

IFC arranges US$105m for CCC upgrades

The International Finance Corporation (IFC) has arranged a US$105mn financial package for cement holding TCL Group to carry out modernization and expansion works at Jamaican subsidiary Caribbean Cemen

25 July 2005

CRH to buy Quester building materials chain

The Quester family signed an agreement to sell building materials retail chain Quester Baustoffhandel GmbH to Irish cement and construction materials group CRH on July 22, 2005. No financial details

25 July 2005

Gulf Cement Co first-half profit more than doubles

Gulf Cement Co said its half-year profit more than doubled to KWD18.4m (US$63m) from KWD7.6m in the same period of 2004.

25 July 2005

Nordic investment bank to help fund Vietnamese cement plant

The Vietnamese government has permitted the Ministry of Finance to borrow EUR30m (US$36.4m) from the Nordic Investment Bank to build the Ha Long Cement Plant.

25 July 2005

Cement demand in south up 22% in Q1

After being in the dumps for long, the south is finally showing signs of a strong revival. Cement consumption in the southern region picked up momentum during the first quarter, growing by a breathtak

22 July 2005

Polish cement output drops

Cement production in Poland fell to 4.9Mt in the first half of 2005, from 5.3Mt in the first half of 2004, the country’s association of cement producers SPC said. The country’s clinker pro

22 July 2005

Siberian Cement news

In the first half of 2005, Siberian Cement Holdings produced 1.4Mt of cement, the company’s President Andrey Muraviev said. In total, the official was quoted as saying that by the end of 2005 th