Cement News tagged: International
Teixeira Duarte controls sizeable Cimpor stake
Cimpor said bourse regulator CMVM has ruled that construction company Teixeira Duarte SGPS controls 22.65 per cent of the cement maker’s capital and 22.78 per cent of voting
Energy costs erode cement firm’s profit
Thailand’s second-largest cement maker, Siam city Cement said yesterday rising fuel costs and more competition are eroding the company’s profit. Chantana Sukumanond, senior vice chairman of SCCC, sai
Dyckerhoff Ukraine – higher production
In June, Volyn Cement company (Zdolbuniv, Rivne region), increased cement production by 24.6 per cent or 29,600t compared with June 2004, to a total 149,900t. As Ukrainian News earlier reported, Voly
London Olympics to spur cement investments?
The rather unexpected news of London’s successful bid for the Olympic bid in 2012 has already has a positive effect on a number of UK construction share prices, but longer-term, this major boost
Prosecutors probe alleged US$1m CRH privatisation bribe
According to the Irish Times, Polish prosecutors are investigating a privatisation deal at the centre of allegations that a US$1m bribe was paid on behalf of CRH, Ireland’s largest company, to a
Siam City seeks price increase
Siam City Cement Plc is to ask the government to raise the retail price of cement by Bt1-2 per bag. SCCC’s senior marketing vice president Chantana Sukumanont yesterday told a press conference
Cemex wants US$100m compensation from US
Cemex could recover US$100m if Washington lifts anti-dumping tariffs on Mexican cement in a bid to ease shortages in the United States, the company said on Wednesday. Last month, a NAFTA panel ordere
Garadagh Cement increases production
Garadagh Cement held general meeting of shareholders on 22 June and announced the results of activities in 2004. The main result was increase of production by 30.8 per cent. The chair of the board of
Holcim opens new slag crushing plant
Holcim yesterday inaugurated its new, Euro 28.5m slag crushing plant in Dunkerque in northern France. The site will have a yearly capacity of 700,000t of product, will employ 25
Lafarge to invest US$90m to reconstruct Aceh plant
Lafarge SA will invest US$90m to rebuild a cement plant in Aceh, Indonesia, destroyed by the tsunamis December 2004, the French company said Thursday ending speculation that
Mexico cement industry trims 2005 outlook
Mexico’s cement industry has trimmed its output forecast for 2005 to a rise of between 2.5-3 per cent and per cent from an initial estimate of 3.5 per cent, the country’s main industry gro
Siam City Cement says rising costs to damp 2005 profit growth
Thailand’s second-largest cement maker Siam City Cement PCL expects its net profit growth this year to be lower than last year’s, despite rising sales, mainly because of higher production
Cement production to achieve 1Mt, Brazil
Brazil expects to produced around 1Mt more of cement this year. In 2004, the companies active in the sector produced 34.4Mt according to the National Union of the Cement Industry, which believes that
Southern Province cement H1 profit up 14%
Saudi Arabia’s Southern Province Cement Co first-half net profit rose 14 per cent to 323 million riyals ($86m), the company said. Southern Province Cement, the kingdom’s largest listed cem
Cement sales rise on construction boom, India
Cement sales rose strongly in June as firms stepped up construction activity across the country spurred by strong growth in Asia’s fourth-largest economy
Cemex And Ready Mix USA Complete JV
The US subsidiary of Cemex and Ready Mix USA, a private ready-mix concrete company with operations in the Southeastern United States, today announced that they have established a Joint Venture to sat