Cement News tagged: International
Boral looks to US acquisitions
Building materials group Boral has flagged the possibility of a future capital raising, after declaring that its short-term acquisition plans did not stop with its planned A$867 million takeover of Ad
South African cement sales rise
South African cement volumes rose by 6.3 per cent y/y in January 2004 to 607,335t after increasing by 13.9 per cent y/y in December 2003 to 671,525t, data released by the Cement & Concrete Institute (
Boral sees earnings up 20 per cent
Building products company Boral Ltd today said it expected 2003/04 earnings to be about 20 per cent higher than the previous year. The company, which is currently seeking to takeover cement group Ade
Indocement sees 2004 growth flat in election year
Indonesia’s second-largest cement maker, PT Indocement Tunggal Prakarsa Tbk, said on Monday it expected flat growth this year due to slack demand in an election year in the country. But the fir
FLS Industries sells aerospace subsidiary
Danish engineering and cement group FLS Industries signed a 350 mln Danish crown (US$59.9m) contract for the sale of its subsidiary FLS Aerospace with Swiss aircraft maintenance provider SR Technics,
No talks scheduled as cement workers picket
Workers at Hawaiian Cement are on their third and fourth days of the strike. Talks between managers and union negotiators broke off Saturday night. No new talks are scheduled for either group. The Tea
Boral’s bid could be rejected
Boral’s A$840 million takeover bid for cement and lime producer Adelaide Brighton was on shaky ground, with the nation’s competition watchdog unlikely to give it the go ahead, an analyst s
Taiwan Cement posted highest domestic sales
Because of the implementation of the public construction projects and the revival of the construction industry, cement sales in the Taiwan market remained quite brisk in January. Taiwan Cement Corpora
New plant for Azerbaijan?
Private Azeri investors plan to build a large cement plant in Gazakh, Azer-press sources claim following discussions at the Ministry of Economic Development. This private group are considering attrac
Indian cement prices
Cement prices in the Hyderabad state are likely to go up by Rs 15 a bag by the first weekend of March. Amidst allegations of cartelisation, especially from the construction industry in the state, lead
Indonesia set for Cemex litigation
The Indonesian government is in for a multimillion dollar litigation after the Washington-based International Center for Settlement of Investment Disputes (ICSID) has registered a request for arbitrat
Thai Cement Monitor
Domestic cement consumption continued to rise by 25 per cent YoY to 2.15Mt in December (+14% MoM). Cement demand for 2003 grew to 24.2Mt, up 5% YoY. Cement demand grew at a faster pace especially in
Venezuelan-Iranian cement plant
A cement plant will be built in Monagas, northern Venezuela, as a result of a strategic alliance between Venezuelan state heavy industry holding company CVG and Iranian cement company Ehdasse Sanat Co
Bulgaria Plevenski Cement Raises 2003 Profits
Bulgarian cement producer Plevenski Cement said on Thursday its net profit rose 19.5 percent in 2003 compared to a year earlier, supported by healthy growth in sales and cost cutting. "The positive r
Cemex Colombia Improves two cement products
Cemex Colombia, a unit of the Mexican cement producer Cementos Mexicanos (Cemex) has considerably improved two of its cement products before re-launching them on the local market, company’s offi
Heidelberg wants to lease Belarusian plant
HeidelbergCement is in talks with Belarus’ Architecture and Construction Ministry to take a lease of the Belarusian Cement plant, based in the Mogilev Region, for five years with an option to ex