Cement News tagged: International
Indian cement prices expected higher
Indian Cement prices are expected to rise sharply in the near future say local analysts. After a good spell of monsoons across the country and increased emphasis on infrastructure development, the dem
H+H hit by weaker British volumes
H+H International, Europe’s second largest producer of aerated concrete, was its first half EBITDA drop by 24.3 per cent to DKr116.8m (€15.7m) on a turnover 5.6 per cent lower at DKr645.9m (€86.8m), a
Mexico Ara, Cemex announce joint project
The third largest Mexican home construction company Consorcio Ara and Mexico’s largest cement producer Cementos Mexicanos (Cemex) announced a joint construction project, it was reported on Augus
Cement Plants in GCC Countries increasing
The number of cement plants in the six Gulf Cooperation Council (GCC) countries stood at 32 at the end of 2004, according to a report of the Qatar-based Gulf Organization for Industrial Consulting (GO
Athi river registers profit
Athi River Mining yesterday posted an increase of 64 per cent in its after-tax profit for the first six month to June 30. Surendra Bhatia, the firm’s Managing Director, announced that the profits-afte
Giant Cement, USW hope to end strike
Rumors of striking employees at Giant Cement, Harleyville, South Carolina being told to "hit the road" Friday morning were not true, a company spokesman says. "The rumor this morning that we fired ove
North America leads profit improvement at Holcim
Holcim’s turnover in the first half of the year rose by 24.6 per cent to SwFr.7,870m (€5,077m) and the operating profit at the EBITDA level improved by 18.4 per cent to SwFr.2,037m (€1,314m), as
Moctezuma wins cement market
As a result of the expansion of the installed production capacity in the north of Mexico, Corporació Moctezuma raised its market share in the cement industry in the last two years from two to 10 per c
Taiwan’s Asia Cement to invest more in China
Asia Cement Corp (1102.TW) said its board has decided to invest a combined US$3.3m in a cement firm in Chengdu, central China, through two investment arms. Separately, a
Senate to release findings on cement competition
A sub-commission named by Colombia’s senate to investigate claims that cement giants Cemex, Holcim and Argos are restricting competition in the domestic market is set to present its findings in
Anhui conch sees profits tumble
Government-imposed anti-inflation measures and soaring energy costs dealt a huge blow to the profitability of Anhui Conch Cement, China’s largest cement maker, in the first six months of the yea
Lorient cement plans
Plans by Cimarmor, a subsidiary of the Belgian registered Fuenciment, and run by Messrs. Carlos Borck and Javier Abad, to build a cement grinding plant at the port of Lorient in Brittany in western Fr
Oman’s Raysut to increase cement output
Oman’s Raysut Cement Co. (RCC) said on Wednesday its third production line would increase total output to almost 2Mta to meet the country’s increasing demand. The new line, with a capital
South fuels cement boom
It is the southern states of India that are fuelling the sharp improvement in the fortunes of the cement industry in the first five months of the current fiscal. The southern region witnessed an offta
UltraTech Cement opts for captive power plants
Ultratech Cement Ltd has earmarked Rs 600 crore for installation of captive power plants, chiefly a 92-megawatt lignite-based plant at Gujarat Cement Works, which will be commissioned by July 2007. Th
Calyon Bank Egypt: the financial advisor of Suez Cement Company in the acquisition of ASEC Cement
Calyon Bank Egypt has recently announced being the financial advisor of Suez Cement Company in one of the largest tender offers made on the Cairo Stock Exchange.