Cement News tagged: International
Spanish Cementos Portland
Spanish cement maker Cementos Portland Valderrivas SA, posted a net profit of Euro 20.3m for the first quarter of 2004, a 2.0 per cent year-on-year decrease, the company reported to Spanish stock mark
ACCC to oppose Boral takeover
The Australian Competition and Consumer Commission would oppose the proposed acquisition by Boral Ltd of Adelaide Brighton Ltd, ACCC chairman Mr Graeme Samuel said today. "The ACCC has sought an unde
Lafarge Malayan sees low demand growth
Lafarge Malayan Cement expects cement demand growth in the country to fall to low single-digits from about 20 per cent last year, due to the slowdown in construction activities as a result of steel sh
TPI cement price trends
Prachai said it is asking state-owned Krung Thai Bank Plc to guarantee its planned debentures of around $600 million for debt refinancing. TPIPL wants creditors to waive about $120 million in accrued
US cement shortage - Bush to invade China?
A cement shortage that has hammered much of the Southern US States could be migrating north and driving up the price of concrete. The shortage has been acute this spring in Florida and Texas, where it
Portugal Q1 2004 cement sales down
Cement sales in Portugal fell 2.0 per cent to 2,043,600t for the period January to March 2004, data from the country’s Association of Building and Public Works Companies (AECOPS) showed on May 1
Russian cement manoeuvres
The Metallurg aluminium holding company (the Leningrad region) has sold its-owned Pikalevo cement plant. The Inteco company, owned by the Moscow mayor’s wife Yelena Baturina, was the buyer. In s
Lafarge sees more China opportunities
Lafarge wants to invest more in China and thinks Beijing’s efforts to cool the booming industry could allow it to buy more factories, a company executive said on Tuesday. The French-based firm
Italy Cementir Plans Acquisitions in Turkey, North America
Italian cement company Cementir, a unit of Italian construction company Caltagirone, plans future acquisitions in Turkey and North America, the company’s president Francesco Caltagirone Jr said
Thai TPI Polene On debt deal talks
Thai cement maker TPI Polene PCL said it will hold talks with its creditors Friday to discuss an amendment of its debt restructuring plan, which involves refinancing its $1.1 billion debt. Prachai Le
Ravena US overhaul
When Atlantic Cement Co finished the Ravena facility in 1962, it was the largest ever built in the US. Many local people know the plant because of the conveyor system that passes below the Thruway sou
HeidelbergCement’s numbers boosted by Indocement
HeidelbergCement has reported a 10.2% increase in turnover to €1,347m in respect of the first three months of 2004, with the operating profit at the EBITDA level advancing by 123.5% to €90m. Adjustin
Dyckerhoff sees benefits of Buzzi-led restructuring
The first quarter results from Dyckerhoff, now a subsidiary of Buzzi Unicem, show a 20.1% fall in turnover to €203m, but excluding changes to the sphere of consolidation, notably the sale of Hispania
German cement prices
Both HeidelbergCement and Dyckerhoff expect cement prices this year to show an increase on average of between €10 and €12 per tonne over 2003 and an effective price at the end of the year some €20 per
Cement makers dispute cartel claim
Philippine Cement manufacturers want the Supreme Court to strike down a memorandum filed by Japanese-owned Southern Cross Cement Corp., which alleged that a cartel, or price collusion, exists among Fi
More than just a holiday romance
A serious, academic-minded executive who’d never lived outside his native Vienna, Martin Kriegner had just turned 40 when Lafarge offered him a posting in Mumbai. To help him make up his mind, t