Cement News tagged: International
Florida Rock 4Q profit rises
Florida Rock Industries Inc, said Wednesday its fiscal fourth-quarter profit grew 14 per cent as higher product prices and a lower tax rate helped offset a weaker residential construction market.
Rinker Rejects Cemex bid, Mexican firm may walk
Rinker Group Ltd Wednesday said the US$11.7 billion hostile bid from Cemex SA is "far too low", pressuring the world’s third largest cement maker to sharply improve its terms or walk away from
Oyak not to bid for Lafarge-Yibitas cement factories.
Celal Caglar, head of Oyak cement group, said that Oyak would not bid for the cement companies to be sold by Lafarge-Yibitas.
Govt urged to encourage cement exports
Cement manufacturers in Pakistan have demanded the government to facilitate exports with a view to augmenting foreign exchange earnings.
Lafarge to invest EUR6.5m in Romanian plant
Lafarge plans to invest EUR6.5m to implement the European environment protection standards at its cement plant in Hoghiz,
Eurocement Group will commitU $400m to projects in Ural Federal District
Eurocement Group is to invest around RUB10.8bn (US$410m) in the modernisation of cement producing units in the Ural Federal District.
China’s average cement price remains stable
According to statistics from the cement markets in 18 key Chinese cities, the average monthly price of ordinary Portland cement
Akcansa fined for breaching competition rules, Turkey
Turkish cement producer Akcansa Cimento Sanayi, announced that it has paid a TRY 0.2mn fine imposed on the company by the competition board.
Work begins on US$175.8m cement plant in Tay Ninh
Vietnam’s FICO-Tay Ninh Joint Stock Cement Co. (TAFiCO) yesterday November 26 kicked off a project to build a cement plant with total investment of VND2.8 trillion ($175.81 million) in the south
CBMI wins contract for establishment of Hima Cement’s new plant
Uganda-based Hima Cement plans to invest US$93M in the establishment of a new plant in the Namanve Industrial and Commercial Park
Davao traders urge DTI to further analyse imported cement, Philippines
The Davao City Chamber of Commerce and Industry (DCCCI) urged the Department of Trade and Industry (DTI) to further analyze the questionable imported cement from China
Portugal Azores cement sales down 0.3% end-Oct 2006
Cement sales in Portugal’s autonomous region of the Azores Islands dropped by 0.3 per cent
Fight on for control of Holcim SA
Holcim is poised to go it alone with a black economic empowerment (BEE) partner in a R6.82bn transaction that is intended to result in Holcim South Africa getting a black controlling shareholder.
HeidelbergCement buys two more cement plants in Georgia
Having bought a 51% stake in the Kartuli Tsementi grinding station at Rustavi in May of this year, HeidelbergCement has moved quickly to establish itself as the dominant cement producer in Georgi
Ha Tien plans to issue 22 million shares
Ha Tien 1 Cement Co., plans to issue nearly 22.3M shares at VND 11,500 (US$0.71) a piece on the Hanoi bourse on November 27.
Pakistan cement prices to stay low on static demand
It looks as though Pakistan cement prices will remain around Rs200 per bag at least till the end of this financial year due to a stagnation in demand and especially the break-up of the cement cartel