International

30 August 2005

H+H hit by weaker British volumes

H+H International, Europe’s second largest producer of aerated concrete, was its first half EBITDA drop by 24.3 per cent to DKr116.8m (€15.7m) on a turnover 5.6 per cent lower at DKr645.9m (€86.8m), a

30 August 2005

Indian cement prices expected higher

Indian Cement prices are expected to rise sharply in the near future say local analysts. After a good spell of monsoons across the country and increased emphasis on infrastructure development, the dem

30 August 2005

US, Mexico said to be near anti-dumping resolution

Mexico and the United States could be on the verge of resolving a 15-year dispute over Washington’s antidumping duties on Mexican cement, amid growing political pressure in the United States to

30 August 2005

Pretoria Portland Cement to expand

PPC announces R1.36 billion Batsweledi cement capacity expansion project.The board of the company has approved the investment of R1.36bn to increase the company"s inland cement capacity in South Afric

26 August 2005

Moctezuma wins cement market

As a result of the expansion of the installed production capacity in the north of Mexico, Corporació Moctezuma raised its market share in the cement industry in the last two years from two to 10 per c

26 August 2005

Taiwan’s Asia Cement to invest more in China

Asia Cement Corp (1102.TW) said its board has decided to invest a combined US$3.3m in a cement firm in Chengdu, central China, through two investment arms. Separately, a

26 August 2005

Senate to release findings on cement competition

A sub-commission named by Colombia’s senate to investigate claims that cement giants Cemex, Holcim and Argos are restricting competition in the domestic market is set to present its findings in

26 August 2005

North America leads profit improvement at Holcim

Holcim’s turnover in the first half of the year rose by 24.6 per cent to SwFr.7,870m (€5,077m) and the operating profit at the EBITDA level improved by 18.4 per cent to SwFr.2,037m (€1,314m), as

25 August 2005

UltraTech Cement opts for captive power plants

Ultratech Cement Ltd has earmarked Rs 600 crore for installation of captive power plants, chiefly a 92-megawatt lignite-based plant at Gujarat Cement Works, which will be commissioned by July 2007. Th

25 August 2005

South fuels cement boom

It is the southern states of India that are fuelling the sharp improvement in the fortunes of the cement industry in the first five months of the current fiscal. The southern region witnessed an offta

25 August 2005

Oman’s Raysut to increase cement output

Oman’s Raysut Cement Co. (RCC) said on Wednesday its third production line would increase total output to almost 2Mta to meet the country’s increasing demand. The new line, with a capital

25 August 2005

Lorient cement plans

Plans by Cimarmor, a subsidiary of the Belgian registered Fuenciment, and run by Messrs. Carlos Borck and Javier Abad, to build a cement grinding plant at the port of Lorient in Brittany in western Fr

25 August 2005

Anhui conch sees profits tumble

Government-imposed anti-inflation measures and soaring energy costs dealt a huge blow to the profitability of Anhui Conch Cement, China’s largest cement maker, in the first six months of the yea

24 August 2005

Iranian cement export

Iran exported some 188,000t of cement, worth US$9.946m, during the first four months of current Iranian calendar year (started March 21, 2005).

24 August 2005

Business chamber questions Southern Cross cement imports

Cement firm Southern Cross Cement Corp (SCCC) is currently being investigated by the Bureau of Customs (BoC) for allegedly undervaluing its import entry declarations and for the alleged illegal withdr

24 August 2005

Vietnam Deputy PM Praises speedy cement factory builders

Deputy Prime Minister Nguyen Tan Dung has praised officials and workers for their efforts to accelerate the construction of the Hai Phong Cement Factory, a key State project.