Cement News tagged: International

Moldovan Ciment gets special concession

26 January 2004, Published under Cement News

Moldovan cement producer Ciment, owned by a French building materials group Lafarge, has become the first local company to receive a special electricity

Benue Cement change

26 January 2004, Published under Cement News

President of Dangote Group, Alhaji Aliko Dangote, has now taken over affairs of the ailing Benue Cement Company (BCC) Plc as the new core investor with a firm pledged to turn around the fortunes of th

Gujarat Ambuja to expand capacity

26 January 2004, Published under Cement News

India’s fourth largest cement manufacturer, Gujarat Ambuja Cement Limited, is going in for capacity addition either through fresh acquisition or brownfield expansion.

Feldschuh named head of Nesher

26 January 2004, Published under Cement News

Yoel Feldschuh has been appointed CEO of the Nesher cement monopoly. The firm’s board of directors has approved the appointment, and Feldschuh will take over on February 2, replacing Herzl Ozer

Eco-cement to hit CRH profits

Eco-cement to hit CRH profits

26 January 2004, Published under Cement News

CRH stands to lose Euro10m a year as a result of new government measures to make up to 25 per cent of all cement used in state-funded projects more environmentally friendly.

Diamond Cement expands

23 January 2004, Published under Cement News

Diamond Cement Ghana Limited (DCGL) a cement company in Aflao, Ghana has stated that products of the company could be obtained from the Volta, parts of Greater Accra, Eastern and the Northern regions.

Yamamah profit rise

Yamamah profit rise

23 January 2004, Published under Cement News

According to Riyadh newsources, the Yamamah Cement Company reported SR 386.6 million profits last year (US$103m) compared with SR 320 million in the previous year.

Baltsem boosts output

23 January 2004, Published under Cement News

In 2003, Ukraine`s major producer of cement, the Baltsem plant, (Balakleia, Kharkiv region) increased its production volume by 19.1 per cent, or UAH 24.995 million, compared with 2002, up to UAH 156.1

Bankruptcy court delays compromise

23 January 2004, Published under Cement News

A decision on a compromise over the restructuring of TPI Polene Plc has been postponed for three months in the Central Bankruptcy Court, pending a decision by Krung Thai Bank, one of the company`s cre

Boral acquires two Queensland concrete companies

23 January 2004, Published under Cement News

Building products firm Boral, which is engaged in an A$840m takeover bid for cement and lime company Adelaide Brighton, has acquired two cement companies in Queensland. Boral said it paid

Holcim announced a cash bid

23 January 2004, Published under Cement News

Holcim has announced a cash bid for the 31 per cent minority in its largest profit earner, Mexican Holcim Apasco worth US$749m. Analysts at Merrill Lynch estimate Holcim is paying 5.4x 04E EV/EBITDA,

Yemen Cement Output

22 January 2004, Published under Cement News

Yemen`s cement output stood at 1,541,352t in 2003 while sales of locally produced cement reached 1,540,308t worth 16.4 bln Yemeni rials (US$92.2m), it was reported on January 22, 2004.

Spanish cement demand record

22 January 2004, Published under Cement News

Cement demand in Spain reached 46.06Mt in 2003, an all time high, Spanish Cement Makers Association OFICEMEN said on January 21, 2004.

Al-Abbas to take over Thatta Cement

22 January 2004, Published under Cement News

The Al-Abbas Group confirmed to the Privatisation Commisison in a letter Wednesday that they would buy out Thatta Cement at Rs 9.95 per share, or a total of Rs 1.12 billion since the Star Cotton

Florida Rock record

22 January 2004, Published under Cement News

Florida Rock Industries, Inc has announced record net income of $32,128,000 or $.73 per diluted share for the first quarter of fiscal year 2004 versus $12,729,000 or $0.29 per diluted share for fiscal

YTL Pahang Cement approval

22 January 2004, Published under Cement News

YTL Cement Bhd has received the Securities Commission (SC) approval to acquire the remaining 50 per cent stake in Pahang Cement Sdn Bhd not already owned by the company.