International

07 July 2005

Holcim opens new slag crushing plant

Holcim yesterday inaugurated its new, Euro 28.5m slag crushing plant in Dunkerque in northern France. The site will have a yearly capacity of 700,000t of product, will employ 25

07 July 2005

Cemex wants US$100m compensation from US

Cemex could recover US$100m if Washington lifts anti-dumping tariffs on Mexican cement in a bid to ease shortages in the United States, the company said on Wednesday. Last month, a NAFTA panel ordere

07 July 2005

Siam City seeks price increase

Siam City Cement Plc is to ask the government to raise the retail price of cement by Bt1-2 per bag. SCCC’s senior marketing vice president Chantana Sukumanont yesterday told a press conference

07 July 2005

London Olympics to spur cement investments?

The rather unexpected news of London’s successful bid for the Olympic bid in 2012 has already has a positive effect on a number of UK construction share prices, but longer-term, this major boost

07 July 2005

Prosecutors probe alleged US$1m CRH privatisation bribe

According to the Irish Times, Polish prosecutors are investigating a privatisation deal at the centre of allegations that a US$1m bribe was paid on behalf of CRH, Ireland’s largest company, to a

06 July 2005

Southern Province cement H1 profit up 14%

Saudi Arabia’s Southern Province Cement Co first-half net profit rose 14 per cent to 323 million riyals ($86m), the company said. Southern Province Cement, the kingdom’s largest listed cem

06 July 2005

Cement sales rise on construction boom, India

Cement sales rose strongly in June as firms stepped up construction activity across the country spurred by strong growth in Asia’s fourth-largest economy

06 July 2005

Cement production to achieve 1Mt, Brazil

Brazil expects to produced around 1Mt more of cement this year. In 2004, the companies active in the sector produced 34.4Mt according to the National Union of the Cement Industry, which believes that

06 July 2005

Siam City Cement says rising costs to damp 2005 profit growth

Thailand’s second-largest cement maker Siam City Cement PCL expects its net profit growth this year to be lower than last year’s, despite rising sales, mainly because of higher production

06 July 2005

Mexico cement industry trims 2005 outlook

Mexico’s cement industry has trimmed its output forecast for 2005 to a rise of between 2.5-3 per cent and per cent from an initial estimate of 3.5 per cent, the country’s main industry gro

05 July 2005

Oman Cement to boost output capacity

Majority state-owned Oman Cement Company said on Monday it will increase its production capacity by 88 per cent to 3Mta, to meet increasing demand in local and international markets. Current output

05 July 2005

Lafarge, Comex team up to build gypsum plant

Lafarge will team up with Mexico’s largest paint manufacturer Comex to build a gypsum production plant in the central state of Querétaro, local press reported. The two firms will also create a

05 July 2005

CRH pretax profits rise again

CRH announced that it expects that profit before tax for the six months to Jun. 30, 2005 will show a percentage increase in the high teens compared with 2004 (2004: Euro 319m on an IFRS basis). The

05 July 2005

Cemex And Ready Mix USA Complete JV

The US subsidiary of Cemex and Ready Mix USA, a private ready-mix concrete company with operations in the Southeastern United States, today announced that they have established a Joint Venture to sat

04 July 2005

Hyundai Cement to shut down plant until September

South Korea’s Hyundai Cement Co said Saturday it was shutting down one of its two main plants until September to ease inventories and save production costs. In a disclosure statement to the Fin

04 July 2005

Competition to stay robust - Fletcher

Fletcher Building’s proposed purchase of assets from Auckland company W. Stevenson & Sons would not reduce competition in the ready-mix concrete building products sector, says an independent app