Cement News tagged: International
Magyar Cement Preparing Lawsuit Against Holcim, Hungary
Hungarian cement company Magyar Cement Kft Tuesday has reportedly said it is preparing a lawsuit against Switzerland’s Holcim Ltd. Magyar has claimed Holcim acted fraudulently when acquiring a 5
Martin Marietta reports accelerated price increases
Martin Marietta, the second largest US aggregates supplier, sold 139.7Mt (154.0mst) in the first nine months of 2005, an increase of 7.4%. Prices in the period improved by 7.8%, and the underlying imp
Baltsem Decides Buy 0.37% of its shares, Ukraine
The Supervisory board of the Baltsem company (Balakliia, Kharkiv region), which is one of the three largest cement producers, at its October 25 meeting decided to buy 0.365% of shares from its shareho
Cimpor sells Semapa stake
Portuguese cement company Cimpor Cimentos De Portugal said Monday it has sold its remaining 20 per cent stake in rival Semapa for EUR144m. Cimpor said it sold the 23.7 million shares in an over-the-c
Semen Gresik to build new cement factory
State-owned cement maker PT Semen Gresik in East Java will soon start to build a new cement factory with an annual capacity of 2.5Mta. The new plant is needed to meet the needs of the market, which i
Dalmacijacement profit down
Croatian cement maker Dalmacijacement-RMC Group, owned by Mexico’s Cemex S.A., said on Monday its nine-months net profit fell by 19.5 per cent on the year to 111.4 million kuna ($18.1m). In its
Oskolcement and Belgorod Cement report
In January - September 2005 Oskolcement (the Belgorod region) made 2.3Mt of cement, having exceeded the figures posted in the same period 2004 by 0.9 per cent. Belgorod
Rinker obtains permit for new line
The Rinker Group says it has started detailed plant engineering after receiving all necessary permits for the construction of a new cement line in central Florida in the United States. Rinker said c
Readymix chief quits
THE CEO of the Irish Readymix plc Joe Doyleis parting company with the concrete group in a move some think will hasten an offer to buy out the minority shareholders (37.4pc). Cemex, the Mexican concr
Cement production to hit 10Mt this year
Colombia’s cement sales in the first nine months of the year were 34 per cent higher than in the same period of last year and the figures indicate that production will reach 10Mt this year, news
Repairs in Colorado gives rise to shortages
As recently as November 2004, Colorado was listed by industry researchers at the Portland Cement Association as not experiencing the shortage that was affecting 35 other states. But times have changed
Nepalese cement plant closes down
Hetauda [south central Nepal], 28 October: The country’s first cement plant has been closed for the past month and because of the lack of raw materials needed to produce cement, the
Semen Gresik almost doubles net profit
Higher sales and production have helped Indonesia’s largest cement producer, PT Semen Gresik (SG), to a 91 per cent increase within the first nine months of the year in its unaudited financial,
Japan Sept 2005 cement shipments up
Japan cement shipments totalled 5.87Mt in August 2005, up 3.7 per cent year-on-year, the Japan Cement Association said on October 28, 2005. The figure marked a year-on-year
New plant for Shree Cement
Indian cement producer Shree Cement Ltd, has informed BSE that the Board of Directors of the company at its meeting held on October 27, 2005, has decided to undertake implementation of a new cement pr
Orascom moves into cement grinding in Spain
Orascom Construction Industries has established its first manufacturing presence in Europe by acquiring a controlling interest in Cementos La Parrilla. An indirect 51 per cent stake in the company ha