Holcim Hungaria Cementipari Rt, the Hungarian subsidiary of Swiss cement group Holcim, is one of the group’s three subsidiaries among which Holcim will choose one to enlarge its capacity, it was
In another vote of confidence underscoring the bullish forecast for economic growth, Lafarge yesterday became the third of SA’s four large cement makers to announce a major
The United States slaps punishing tariffs on imports of a vital building material, driving up the price and creating sporadic shortages in the midst of a housing boom. But after years of
Spanish cement maker Cementos Molins posted a net profit of EUR41.6m (US$51.9m) for the first half of 2005, a 3.7 per cent YoY increase, the company reported. EBITDA totalled EUR73.7m (US$91.9m), an 8
Binani Industries Ltd. said on Friday it would sell 25 per cent in subsidiary Binani Cement Ltd to a foreign investor and swap up to 50 per cent of its own shares for a holding in Binani Cement and Bi
Holcim Romania, a unit of Swiss cement company Holcim Ltd, has bought a 49 per cent stake in the local waste recycling company Thermo Eco Rec from Austrian company REP die Recycling und Entsorgungs Pr
The Rourkela-based Shiva Cement Ltd has received in-principle approval for its debt restructuring plan from its consortium leader, IFCI Ltd. The other lenders ICICI Bank, Bank of India, Bank of Baroda
YTL Cement Bhd, a cement producer that is a unit of YTL Corp Bhd, has agreed to buy a fifth of Singapore rival Jurong Cement Ltd (JCL) as it seeks to grow its business abroad.
Italian cement producer and distributor Italcementi is studying expansion in Asia, the company’s chairman Giampiero Pesenti said.
The mainland’s cement sector should brace for a slump in the next two years in the wake of anti-inflation measures, China Resources Cement Holdings says.
Ishikawajima-Harima Heavy Industries Co., Ltd, Japan (IHI), has completed 90% of constructive works and 60% of technical works on the Amran Cement Plant Expansion Project, according to Saba news agen
The NSW Government has approved the construction of a $25m upgrade of a cement mill in the Southern Highlands. The upgrade of the Blue Circle cement mill at New Berrima will enable it to meet state-wi
Gujarat Ambuja Cements Ltd, India’s third-biggest cement maker, said its August shipments rose 12 per cent on year to 981,000t. Ambuja’s cement production in the same period
Holcim has taken over all shares in its Czech unit Holcim (Cesko) after a squeeze-out, company lawyer Helena Lebedova said. The Swiss major will pay minority shareholders in the cement maker Kc2,328
Turkish cement producer Cimsa increased its net profit by 169% YoY to TRL53.3m (US$39.4m) in the first half of 2005.
Exports of cement increased by 19.1% year on year in the first seven months of 2005, according to the latest data from the Statistical Service. However, Local sales rose by 2.8%.