International

25 February 2005

Titan Cement reports higher earnings

Titan Cement Company SA, Greece said on Thursday that group operating EBITDA for full-year 2004 grew by 9.3 per cent to Euro323 million from a year earlier,with group net profit after minorities and t

25 February 2005

Cement sector grows 3.07% in 2004

After having posted a negative result in 2003, the Brazilian cement products’ sector good results in 2004. According to data released by the Brazilian Cement Products Manufacturers Union (Sinap

25 February 2005

Investment in Guangxi cement plant fixed

China Resources Cement Holdings plans to inject 419 million yuan into a joint-venture cement plant in Guangxi province to boost output amid growing demand in the Pearl River Delta region. The capital

25 February 2005

Holcim leads in Iran

Holcim is quietly building up a useful portfolio of cement assets in Iran, while other majors have yet to make any impact on this emerging nation and one which consumed a high 33Mt of cement last year

24 February 2005

Q & A session with Cemex’s Gilberto Perez

In a recent Houston interview, Gilberto Perez, the president of US operations for Cemex, gave a few insights into Cemex plans for its US operations

24 February 2005

India Cements puts off AP units sale plan

Buoyed by a heavy dose of funds from overseas investor Asia Debt Management, India Cements, South India’s largest cement manufacturer, has decided to shelve the plan to sell its Andhra Pradesh-b

24 February 2005

China Resources Cement to expand capacity

China Resources Cement Holdings Ltd plans to invest 500 million yuan to double production capacity at its cement plant in China’s southern province of Guangxi, a source close to the

24 February 2005

Indonesia may study Mandiri stake sale

The government may study a proposal to divest a 10 per cent stake in PT Bank Mandiri to raise funds for settling its long-standing dispute with Mexican cement maker Cemex SA over

24 February 2005

Orascom adds cement capacity

Orascom Construction Industries announced that United Cement Company of Nigeria Ltd. (UNICEM) will construct a new greenfield cement plant with an annual production capapcity

23 February 2005

Cement shortage to intensify

There is a shortage of cement in Tucson and southern Arizona, and likely will become more acute this spring.

23 February 2005

Lafarge to increase its plasterboard capacity by 50%, UK

Lafarge announced that it will invest approximately EUR45m in a new plasterboard plant in the Midlands, which will increase its capacity by 50% in the UK with an additional 25Mm2.

23 February 2005

Asia Cement says China unit given until June for Hong Kong listing, Taiwan

Asia Cement Corp said its China-based unit, Jiangxi Yadong Cement Co, has been given until June to list in Hong Kong.

23 February 2005

Baticim to produce 1.5Mt cement in 2005, Turkey

Turkish cement, clinker and ready mix concrete producer Bati Cimento (Baticim) plans to produce 1.5Mt of cement in 2005.

23 February 2005

Cementos Argos investment, Colombia

Colombia’s largest cement producer Cementos Argos invested US$15m in capacity increases in 2004, the company said in a statement.

23 February 2005

Cement industry grows despite falling indices, Iran

A senior economic official saidthat a major portion of the US$5bn worth of funds the government allocated for private enterprises in the year to March 2005 has been invested in cement industry.

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