Cement News tagged: International
Caribbean debate
Caribbean Cement Company Limited has instructed its lawyers to take legal action in response to what it has described `as inaccurate, mischievous and defamatory statements` made in the media by rival
Hima Cement safety
After winning a silver medal as Uganda`s best investor of the year, the management and staff of Hima Cement celebrated two years of no lost time accident (LTA) at their factory.
Lafarge: raising price targets
Deutsche Bank is raising its target price for Lafarge to Euro 65.0 from Euro 60.5. On its new target price Lafarge would trade on a 2005E PE of 11.2x, 16 per cent below its 10-year historical ave
Iran cement sale.
Iran has sold a state-run cement producer in a public auction in an important step towards loosening Tehran`s control over industry, even though the buyer is publicly owned.
Cemex threatens arbitration
Cemex is threatening to take a dispute with Indonesia over control of the nation`s largest cement maker to overseas arbitration - a move that could create further bad publicity for a country trying to
Titan Greece
Independent Greek producer, Titan Cement has just posted its nine-month figures. slightly below expectations say analysts.
Taiwan Cement plans
Investor conference given some useful insights into TCC`s plans within China, which includes strengthening links with Conch
Mystery seller?
A large tranche of Holcim shares have been placed on the market. Thomas Schmidheiny seen as likely seller.
Holcim: profits up slightly
Slight increase in profits noted despite difficulties in the US and currency exchange declines.
Cemex not Buying TPI Polene
Cemex has announced that it is not in talks to acquire Thai cement company TPI Polene, despite a report to the contrary published by Mexican newspaper El Economista.
Philippine prices
TRADE and Industry Secretary Manuel Roxas II has given cement makers until Friday to justify the recent increase in cement prices.
Thatta Cement sale approved
A meeting of Privatisation Commission Board has recommended the highest bid received for the sale of 90 per cent shares of Thatta Cement Company Limited (TCCL) for approval of Cabinet Committee on Pri
IRELAND – Proposals for use of animal waste in cement
In a report to the Irish Cabinet, senior officials of four government departments, the Environmental Protection Agency and the Food Safety Authority, recommend the incineration and incorporation into
AUSTRIA – RMC Austria and WWF protect rare grassland environment
RMC Austria will be helping to protect an area of nationally significant, rare dry grassland through its latest agreement with WWF. The area contains the company’s Hollitzer Quarry, operated by Readym
USA – Tyre burning plans at Lafarge Ravena, NY
Lafarge North America plans to burn tyres at its Ravena cement works with the aim to reduce its use of coal as thermal energy source and possibly cut emissions.
Largely stable markets
Despite a slight drop of the BCI in the first part of the week rates have remained at high levels and the BCI lost only 19 points over the week.