International

27 June 2005

Boral cements costs rise

Building materials group Boral has admitted to a A$44 million cost hike that has almost doubled the cost of upgrading its Waurn Ponds cement plant in southern Victoria. The anticipated costs would n

24 June 2005

Icelandic Aalborg Portland appoints Managing Director

Icelandic cement importer Aalborg Portland Island hf has appointed Tomas Moller managing director, it was reported on June 22, 2005. Tomas Moller will succeed Bjarni O. Halldorsson who has headed th

24 June 2005

Asia Cement Corporation to build second cement plant

Taiwan’s second largest cement producer Asia Cement Corporation will build in a second cement plant in Wuhan Mainland China named Hubei Yadong Cement Plant, with less than 1.6 billion yuan of in

24 June 2005

Cemex Espana spends on new plant

Spanish cement maker Cemex Espana SA spent Euro 2.5m on the construction of a new plant for ecological production of ready-mix concrete in Paterna, eastern Spain, opened on June 22, 2005.

24 June 2005

Argos reorganises its cement operations

Eight Colombian cement companies will merge to create a business worth US$2.28bn, local press reported. Cementos del Caribe will absorb seven other companies: Cementos del Valle, Cementos Paz del Rí

24 June 2005

Mexican Cemex Lay-offs affect German units

Cemex’s decision to close 15 to 20 plants and slash 2000 jobs by 2007 threatens to affect also its German unit Readymix Beton Sachsen GmbH, a Readymix spokeswoman said on June 23, 2005.

24 June 2005

Japan May 2005 Cement Shipments

Japan cement shipments totalled 5.17Mt in May 2005, up 6.1 per cent year-on-year, the Japan Cement Association said on June 23, 2005. The figure marked a year-on-year increase for the third straight

24 June 2005

Cement firm seeks investor approval

Philippines: Fortune Cement Corp. will seek stockholders’ approval for a planned merger with Continental Operating Corp. during the annual meeting on July 25. In a letter to the stock exchange,

24 June 2005

Camargo’s takeover of Loma Negra still not finalised

Brazil’s Camargo Correa group has not yet finalized its planned acquisition of Holdtotal, the holding company that controls Argentine cement giant Loma Negra, the cement company reported to the

24 June 2005

Greece’s Heracles Q1 hit by sales fall

Greek cement maker Heracles Cement , majority-owned by France’s Lafarge , reported a first-quarter pretax loss on Thursday, hit by falling sales in the domestic market and higher fuel costs

23 June 2005

Prepayment for cement acceptable

Eurocement, a leading Russian cement producer, today declared a success its adoption in April of new sales terms intended to increase transparency, lower costs and eliminate non-essential intermediari

23 June 2005

NBP and Pioneer Cement sign accord

The National Bank of Pakistan (NBP) signed an agreement with the Pioneer Cement Limited (PCL) on Tuesday to help the latter in expanding its production capacity. NBP Risk Management Group Chief Javed

23 June 2005

Hanson PLC acquisition update

Hanson PLC, the international building materials company, today announces four recently completed acquisitions in the USA for a total cost of approximately £100m. This brings the total acquisition spe

23 June 2005

Cement plants need to improve

The Vietnamese Bim Son Cement Company plans to produce 542,000t of clinker and provide the domestic market with 592,000t of cement in the second quarter. However, insiders are warning that the cement

22 June 2005

Construction begins on Cam Pha cement plant

Vinaconex officials and their partners push buttons to break the ground for the cement plant in Quang Ninh Province. The VND4.74 trillion (US$301.9m) Cam Pha Cement Plant, located in Cam Pha town, has

22 June 2005

Lafarge starts construction on US$120m plant in Mexico

Lafarge has kicked off construction works on a new US$120m plant in northern Mexico’s Hidalgo state, local press reported. The company is looking to launch operations at the 600,000tpa grey cem