Cement News tagged: International
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
Grasim to phase out all regional cement brands
Grasim Industries Ltd of the Aditya Birla Group has decided to gradually phase out all regional cement brands. It will focus on consolidating its cement business with its three existing national brand
New plant for Holcim Romania
Holcim Romania officially inaugurated on Friday the most modern cement production line in Romania at Alesd plant, under a €70 million investment. The most ambitious investment plan of Holcim Romania w
Pakistan cement sales drop in April
Cement sales volume has dropped nine per cent in April compared with the past month to 1.28Mt, according to data released here Thursday by the All Pakistan Cement Manufacturers Association
HeidelbergCement narrows net Q1 loss
German building materials producer HeidelbergCement narrowed its net loss after minorities to Euro 58m for the first quarter of 2004 from Euro140m for the year-ago period, the company said on May 6, 2