International

01 August 2005

Semen Gresik H1 net up 74 per cent

Indonesia’s largest cement maker PT Semen Gresik reported a 74 per cent year-on-year rise in first half to June net profit to 321. 21bn rupiah on the back of stronger sales and lower interest co

01 August 2005

Hanson in the spotlight as consolidation gathers pace

The current takeover activity in the heavy building materials and aggregates sector has once again put the spotlight on Hanson PLC and investors will be keen to hear the company’s comments on th

01 August 2005

Rinker looks good with TXI in the frame

Rinker Group’s already bullish outlook in the United States was given a major boost on the weekend after the US Senate passed a US$286.5 billion six-year highway construction bill. Representing

29 July 2005

Indocement 1H improvements

Indonesia’s cement maker PT Indocement Tunggal Prakarsa said Friday it swung to a first half net profit due to an increase in revenue and a decline in foreign exchange losses.

29 July 2005

German cement leaders to face fixing claims

Three cement makers, Lafarge, Dyckerhoff and Readymix face damage claims by 28 corporate customers amounting to a total of Euro 140m for alleged price fixing, Financial Times Deutschland reports in an

29 July 2005

Cementir’s first half results boosted by acquisitions

First half turnover at Cementir rose by 166.7 per cent to €402.9m, thanks to last October’s acquisitions of Aalborg Portland Cement and Unicon. The EBITDA advanced by 113.84 per cent to €82.8m

29 July 2005

China Resources Cement figures down

China Resources Cement Holdings Ltd said Friday it expects its first-half earnings this year to be "substantially worse" than in the year-earlier period because of high coal prices and a slowdown in d

29 July 2005

TCL obtains financing for Caribbean expansion

The TCL Group is currently strengthening the cement sector of its business by expanding capacity and optimising its plants and has embarked on setting up cement terminals regionally. It is also introd

28 July 2005

Cement consumption in Kazakhstan rises

Cement consumption in Kazakhstan grew 26.6 per cent in the first half of the year from the same period last year to reach 2.06Mt, a source at Vostok-Cement told Interfax. The rise was underlined by a

28 July 2005

Offers invited for Javedan Cement sell-off

The Pakistan Privatisation Commission (PC) has invited Expressions of Interest (EoI) from interested parties to privatise Javedan Cement Limited (JCL) on an ’As is where is’ basis, through

28 July 2005

Chinese cement industry data

Despite the austerity measures brought by the Chinese government to control speculation property trading activities, sales revenue of Anhui Conch Cement Group which is the holding company of Anhui Con

28 July 2005

Lafarge H1 sales up 6.3 per cent on price increases

Lafarge SA reported a 6.3 per cent rise in first-half sales on Thursday, driven by higher prices for its products and strong volumes for construction materials, mainly in the United States. Lafarge,

28 July 2005

Ciments Français sales boosted by higher prices and...

Italcementi’s international subsidiary Ciments Français increased its first half turnover by an underlying 6.9 per cent to €1675m. In absolute terms the increase was 10.2 per cent, thanks to the init

27 July 2005

Strabag seeks site for cement plant in Hungary

Austrian construction holding Strabag is looking for a suitable site for a new cement works in Hungary in which Euro 106m will be invested, it was reported on July 26, 2005. According to Hungarian da

27 July 2005

Cemento Melón to develop new limestone mine

Chilean cement company Cemento Melón will begin operating a new limestone mine called Cantera Ñilhue in the country’s central Region V, newspaper Diario Financiero reported. The mine will be op

27 July 2005

Strong demand drives Vulcan

Vulcan Materials Company today announced record second quarter net earnings of US$122m, as compared to US$88m. Net sales increased 21 percent from the prior year’s level, while earnings from con