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
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
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
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.
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
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.
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
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,
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
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
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
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
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
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
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
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