International

05 January 2006

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

05 January 2006

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.

05 January 2006

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.

05 January 2006

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

05 January 2006

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

05 January 2006

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

05 January 2006

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.

05 January 2006

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.

04 January 2006

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.

04 January 2006

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)

04 January 2006

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

04 January 2006

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

03 January 2006

Indian coal supplies get expensive

Domestic coal may soon become dearer for the cement and steel and sectors. Apparently because these sectors have been asked to source at least 20 per cent of their needs from the open market.

03 January 2006

Four cement projects in Khuzestan

Projects to implement four cement development plans in Khuzestan Province, Iran have already received required credit facilities and the existing capacity of 8500tpd would be

03 January 2006

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

03 January 2006

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