Cement News: International

27 June 2006

CRH wins the opening Uniland round

CRH appears to have won the opening round in its court battle with the board of Corporacion Uniland, the Catalan cement group 26.3pc owned by the Irish building materials giant. The Commercial Court

27 June 2006

Cemex: bet high – bet low?

The recent Cemex 20-F filing to the US Securities and Exchange Commission in early June-06, highlights some interesting financial background notes of this international cement and building materials g

26 June 2006

Cement plants to be expanded to meet demand

The Vietnam National Cement Corporation (VNCC) will accelerate its expansion of some cement plants to meet the increasing demand, a VNCC official said. The target plants include Hoang Thach 3, But So

26 June 2006

Cement sector builds on market demand, India

The constantly increasing cement prices seem to prove that the demand for construction material shows no sign of flagging, reports the Times of India.

Pavilion Technologies strengthens presence in China 26 June 2006

Pavilion Technologies strengthens presence in China

Pavilion Technologies, a world leader in model-based software, today announced the opening of a new office in Shanghai, China, to meet manufacturers’ growing demand for solutions that boost manu

26 June 2006

Andhra Cements to enhance cement manufacture, India

One of India’s leading cement manufacturers, Andhra Cements, has planned to increase its manufacturing Phase I capacity from the current 1.7Mta to 3.0Mta.

HeidelbergCement JV raided by Cartel Office, Germany 26 June 2006

HeidelbergCement JV raided by Cartel Office, Germany

HeidelbergCement AG, Germany’s biggest cement maker, said a joint venture was raided by German antitrust officers who are investigating price fixing in the erection of silos on building sites. T

26 June 2006

Portland set to acquire stake in Kigali Cement, Rwanda

Buoyed by a strong balance sheet and a reduced cost of doing business, East African Portland Cement Company (EAPCC) has signed a joint venture with Rwanda’s Kigali Cement Company. Under the arrangement, EAPCC will ac...

26 June 2006

Strengthening of aggregates in the US

Aggregate Industries, a wholly owned subsidiary of Holcim Ltd, has agreed to acquire 100 per cent of Meyer Material Company (Meyer) for US$231m from US Equity Partners, LP and Park Avenue Equity Partn

26 June 2006

Basic Element, Inteco plan cement plant, Russia

Russian holding Basic Element plans to build a cement plant in Russia’s Ryazan Region jointly with Inteco company, Russian business daily Vedomosti said Friday, citing sources in both companies.

23 June 2006

China’s output of cement in April 2006

China produced 103,750,900t of cement in April 2006. The output in January-April reached 319,781,100t, up 21.8 per cent year on year, according to the National Bureau of Statistics.

23 June 2006

Lafarge planning US plant expansion

Lafarge wants to invest in its cement plant in the southern Illinois town of Joppa. A spokesman for Lafarge North America says the company is seeking permits for the upgrade and expansion of its 1.3M

23 June 2006

Kampala University sues Hima Cement

Kampala International University (KIU) has dragged Hima Cement to court over failure to supply cement to their teaching hospital in Ishaka. The university is seeking sh2.6b in damages and costs.

23 June 2006

Vietnam: construction material market remains stable

The Vietnam Cement Association said demand for cement will increase from now till the end of the year. But the price of cement will remain stable at between VND750,000 and VND800,000 per tonne in nort

23 June 2006

Semen Padang net profits to soar

PT Semen Padang, a subsidiary of publicly listed cement maker PT Semen Gresik Tbk, is targeting 51 per cent growth in net profit this year to Rp 212 billion (about US$22.3 million) from last year&rsqu

23 June 2006

Turkish cement sales seen rising rapidly in 2006

A construction slowdown as a result of rising interest rates will trim Turkey’s cement sector’s turnover, but domestic sales will still grow 20 per cent, the head of Oyak Cement and Automo