International

23 February 2005

Siam City Cement looking to acquire stakes in local cement companies , Thailand

Siam City Cement Plc (SCCC), the country’s second largest cement producer, plans to acquire stakes in other local cement makers, according to managing director Leo Mittelholzer, according to loc

22 February 2005

Kuwait Cement 2004 net profit falls to $64.7m

The net profit of Kuwaiti cement maker Kuwait Cement Company fell to 18.89m Kuwaiti dinars (US$64.7m) in 2004 from 19.34m dinars (US$66.3m) in 2003.

22 February 2005

Siam City Cement mulls stake in ready-mixed concrete co, Thailand

Siam City Cement PCL (SCCC.TH), Thailand’s second-largest cement producer, is considering acquiring a stake in a ready-mixed concrete company, in a move to boost its market share in the fast-gro

22 February 2005

Argos 2004 profit up 20 per cent, Colombia

Colombia’s biggest cement group, Cemento Argos, reported a 20 per cent rise in net profits in 2004.

22 February 2005

Strike at Dutch ENCI ends

The strike of the employees of Dutch cement factory ENCI in Maastricht, Rotterdam and IJmuiden has ended after an agreement between the management and the trade unions on the planned restructuring, it

22 February 2005

Butra Heidelberg Cement defends price hike, Brunei

Butra Heidelberg Cement (BHC) Sdn Bhd, the sole producer of cement in the country, defended the impending price hike of cement which was the first in eight years.

22 February 2005

Holcim Maroc Settat Unit Operational June 2007

Holcim Maroc, a subsidiary of Holcim Ltd, will start operating its production unit near Settat, northwestern Morocco, as of June 2007.

22 February 2005

Production up 12.2% in 2004 to 1.28Mt, Bolivia

Bolivian cement production increased 12% in 2004 to 1.28Mt compared to the year before, according to the country’s national statistics institute (INE).

22 February 2005

Jan consumption down 4.2% YoY, Indonesia

Domestic cement consumption in January totalled 2.24Mt, down 4.1 per cent from 2.34Mt a year earlier, led by falling consumption in Central Java, the Indonesian Cement Association (ASI) said in a re

22 February 2005

Cement corporation vows no price increases in 2005, Vietnam

The Viet Nam Cement Corporation will not increase cement prices this year in an effort to maintain market stability for the building material, said General Director Nguyen Van Hanh.

21 February 2005

Cement prices would be higher sans safeguards, Philippines

The Cement Manufacturing Association of the Philippines (CeMAP) said that had it not requested the continued imposition of safeguard duty against imported cement, prices would have reached P160 per ba

21 February 2005

HeidelbergCement to create its own raw material base, Ukraine

HeidelbergCement intends to create its own raw material base for Kryvyi Rih Cement (Dnipropetrovsk region) and Dniprotsement (Dnipropetrovsk region), its two Ukrainian divisions.

21 February 2005

Cement market develops faster than economy , Romania

The cement market in Romania saw a record high growth pace since the entrance on the market of three strategic investors: Lafarge, Holcim and HeidelbergCement, according to local news reports.

21 February 2005

Private sector, housing to drive cement market, Peru

The private sector and housing sector will drive Peru’s cement market in the long-term, according to a report from local bank Banco Wiese Sudameris (BWS).

21 February 2005

Hanson set to increase deal-flow as industry consolidation gathers pace , UK

Hanson PLC’s full year results will be viewed with more than the usual interest by investors next Thursday following a number of high profile takeovers in the sector.

18 February 2005

Saudi Eastern Province to install new line

Saudi cement producer Eastern Province Cement Company (EPC) will install an additional clinker production line with a daily capacity of 3500tpd the company said in early February