Cement News tagged: International
Legal challenge to Boral’s take over of AdBri delayed
A hearing over a legal challenge to building group Boral Ltd’s takeover bid for Adelaide Brighton Ltd has been delayed today as the parties are yet to finalise evidence. The Federal Court in Me
Group results show satisfying trend
Holcim reported strong operating gains in the first half of 2004 and has posted solid financial results. This encouraging performance was shaped by an increase in building activity since the second ha
Paz del Río cement plant project faces opposition
Colombian cement producer Cementos Paz del Río is facing resistance to plans to develop an open-pit limestone quarry near Albán, Valle del Cauca department, national daily El Tiempo reported.
Govt suspends cement import duties
Guyana’s government has suspended duties on cement imports for a year to encourage local firms to import the product from outside the Caribbean, local press reported. The decision was made a
Construction firms fear higher prices
The Construction Industry Authority of the Philippines (CIAP) yesterday warned that the recent oil price increases and the closure of a major cement firm is expected to push up prices of construct
Excessive increase in capacity
Hectic construction investment growth and brisk demand on the cement market have stimulated drastic growth in cement production capacity in Northwest China¡&hibar;s Ningxia Hui Autonomous Region.
Australia Adel Brighton H1 profits up
Australian cement producer Adelaide Brighton said on Thursday its first-half profit rose 5.7 per cent, fuelled by construction demand and acquisitions, and it expected a stronger second half. The com
Building materials shortages
This month, the US National Association of Home Builders reported that shortages in cement and other building materials threatens record home-construction levels. After conducting a national survey i
Ultra Tech CemCo makes damp debut
The Aditya Birla group-controlled Ultra Tech CemCo on Tuesday made a lacklustre debut on the bourses. The company, which was created by demerging the cement business of Larsen & Toubro where Grasim In
Eurocement enterprises up cement production
Factories belonging to Eurocement Holding, Russia have accelerated the cement production by 4% on year to 4.4Mt in Jan.-July, the holding said. Production rose to 5.4Mt with Eurocement-affiliated Kat
Modernisation of Thomaston plant complete
Dragon Cement and Concrete announced today it has completed a $50 million modernisation of its cement plant in Thomaston, USA, the first major expansion of New England’s only cement plant since
Manufacturers blame cost of cement
Cement manufacturers in Nigeria, say the prevailing harsh business environment is responsible for the rising price of the product. It will be recalled that a bag of cement is now sold for about one th
PPC expansion announced
Pretoria Portland Cement Co Ltd (PPC), one of South Africa’s largest cement producers, plans to begin a 1Mta four-year capacity expansion project valued at an estimated R750m, due to the combina
Development plans to help boost construction
The Taiwanese Legislative Yuan yesterday passed a budget for the long-awaited ten new development plans. These plans seem particularly promising to the cement and steel industries. The NT$36.5 billion
Govt fixes cement factory price
Honduras’ government has fixed the factory price of a one-quintal bag of cement at 70 lempiras (US$3.93) in an effort to halt rising prices, local press reported. In the first two weeks of Augu
July cement sales dip
Cement sales in Peru fell 5.8% in July to 309,956t in comparison with same month last year, according to figures from cement association Asocem. Brokerage Centura SAB attributed the high level of pur