Cement News tagged: International
Hanson up on takeover talk after German deal
Shares in UK building materials firm Hanson rose 2.5 percent on Monday, a leading gainer in a buoyant European construction and materials sector after a takeover move for Germany’s HeidelbergCem
Spain’s Cementos Portland Valderrivas Invests US$132m
Cementos Portland Valderrivas, S.A., the cement company pertaining to one of Spain’s leading construction and service groups Grupo FCC, has opened a new Giant Cement manufacturing plant in Harle
Baltsem Reduces Cement production by 23.6%
In May, the Baltsem plant (Balakliia, Kharkiv region), one of the three major cement producers, reduced cement production by 23.6 per cent or 50,100t compared with May 2004, to 162,400t.
Turkish Bolu Cimento Q1 2005 Net Profit rises to US$4.3m
Turkish cement and clinker producer Bolu Cimento posted a 5.8m new Turkish lira (US$4.3m/€3.3m) net profit for the first quarter of 2005, compared to 1.68m lira (US$1.3m/€969,000) for the same period
Argentine cement production up 29 per cent
Cement production in Argentina reached 590,000t in May, up 29 per cent from the same month in 2004, local press reported.
Cemex to double size of New Braunfels cement plant
Cemex USA plans to double the size of its plant in New Braunfels, a move that will add 21 jobs and that represents the largest business investment in Comal County history. The exact amount of investme
NEC signs agreement with Barah cement factory - Jordan
A consultancy agreement to implement a diesel-generating station with a 20-megawatt capacity was signed on Saturday between the National Electricity Company (NEC) and Barah cement factory, an affiliat
Spohn set to buy HeidelbergCement for €6.5bn
Spohn Cement GmbH made a surprise offer to take over HeidelbergCement AG, Germany’s largest cement maker, offering €60 a share in a deal that would be valued at about €6.5bn.
Cement shortage becoming increasingly serious
Speaker of Parliament Sheikh Abdullah bin Hussein revealed on Saturday a presidential order to end cement price escalations resulting from high demand.
China’s cement production plant in Hamedan
Preliminary agreement on the construction of a cement production plant in Iran’s western city of Hamedan was signed between the mayor of the city and the representative of the Chinese company CNEEC.
Italcementi to buy stake in Egypt cement firm
Egypt’s Arab-Suez Company for Engineering (ASEC) said on Sunday it had initialled a deal for Italy’s biggest cement firm Italcementi to buy its 68 per cent stake in ASEC Cement Co.
Rising cost could crush plan for cement plant
After years spent fighting environmentalists and getting the necessary permits, Holcim Inc. says the sprawling cement plant planned for a site 40 miles south of St. Louis might never be built because
Sale of Acel shares by MRL cleared
The Delhi High Court has allowed Modi Rubber Ltd (MRL) to sell its holding of 23.1 lakh shares of Ambuja Cement Eastern Company Ltd (ACEL) to Holcim Cement Pvt Ltd. It has
Cement shortage fears rise
A booming construction industry is starting to strain Gulf contractors who are running short of cement supplies, according to Construction Week magazine.
Saudi Tabuk Cement Co, Qassim Cement Co plan joint plant
Saudi cement producers Tabuk Cement Company (TCC) and Qassim Cement Company (QCC) have signed a memorandum of understanding (MoU) to carry out a feasibility study on a project which envisages the est
Egyptian National Cement Co reports US$11.4m net profit July 2004-Mar 2005
Egyptian cement producer National Cement Company (NCC) posted a net profit of 66.4m Egyptian pounds ($US11.4m/€9.4m) for the first nine months of the fiscal 2004/2005, ending June 30, 2005, up 260 per