Cement News tagged: International
Cemex to sell Cementos Bío Bío stake
Mexican cement giant Cemex has hired Santander Investment to seek buyers for its 11.9 per cent stake in Chilean cement company Cementos Bío Bío, Chilean newspaper La Tercera reported.
Indian market outlook
According to Mr Deepak Jain of Anagram Stockbroking, the main trigger for optimism in Indian cement stocks was the expectation of a good Q4 numbers from cement companies.
New import terminals for Houston
Work has begun on a cement terminal at the Port of Houston that, when completed next spring, will be among the largest such facilities in the country. The terminal is being built on 88 acres by the ne
Roadblock on Holcim’s Indian adventure
Swiss cement group Holcim Ltd and an Indian partner have fallen short in their attempt to acquire Associated Cement Companies Ltd., India’s biggest cement maker by sales. The open offer for 50.0
Semen Cibinong aims to buy back debt, Indonesia
PT Semen Cibinong said it has set aside US$20m to buy back debt in foreign exchange denomination this year.
Holcim’s statutory purchase, UK
Holcim Participations (UK) Limited (Holcim UK), a wholly owned subsidiary of Holcim Ltd, has now acquired over 95 per cent of the ordinary shares of Aggregate Industries plc
Hungarian News in brief
Cement manufacturer Holcim Hungaria Cementipari Rt appointed Robert Uveg marketing and sales manager.
British Fund buys stake in Spanish Cementos Portland
British investment fund Centaurus Alpha Master Fund bought 1.029 per cent in Spanish cement maker Cementos Portland Valderribas SA (Cementos Portland), sources from Spanish stock market said on April
Uzbekistan excludes foreigners from sale
The government of Uzbekistan will not allow foreign investors to participate in the privatization of cement producer Kyzylkumtsement, the country’s biggest cement plant, a source in the State Pr
Attock Cement plans to raise output
Attock Cement Ltd is planning to expand its existing plant by increasing output to 3000 tonnes per day, costing Rs 3.5 billion, with likely to commencing production from next year. This was stated by
Camargo Correa resumes Loma Negra negotiations
Loma Negra has resumed mergers negotiations with Camargo Correa that in 2004 made the best offer for its assets or US$1.0bn.The deal was nearly closed five months ago, and put on hold in the last minu
Mykolaivtsement Reduces Cement Production
In March, the Mykolaivtsement company (Mykolaiv, Lviv region, Ukraine), a large producer of cement, reduced cement production by 16.7 per cent or 10,800t compared with March 2004, to 53,900t Accordi
Lafarge prepared to cut cement prices
Lafarge Malayan Cement Bhd, says it is prepared to cut the selling price of its material to defend its turf as an industry price war escalates.
Cement workers hurt in gas blast
Blue Circle Southern Cement has been charged over an explosion which left two workers with serious burns
Azerbaijan is short of 1.1Mt of cement
The Ministry of Economic Development of Azerbaijan plans to provoke competition in production of cement due to the shortage of it in the country.
Cruz Azul to build US$307m plant in Puebla State, Mexico
Mexican cement maker Cruz Azul plans to invest $307m in a plant in the region of Palmar de Bravo and Tecamachalco, located east from the Mexican capital, in the state of Puebla..