Cement News tagged: International
Local Cement Price in UAE
The price of locally produced cement in the UAE has increased for the third time since the beginning of 2003 and currently stands at 165 UAE dirhams (US$45/Euro36.2) a tonne, against 155 dirhams
CRH ponders Israeli option
Talks are currently under way with Clal Industries, the diverse Israeli holding company that has a controlling 75 per cent stake in Mashav, in relation to an option CRH holds that wouldallow it acquir
Indonesian Cemex Case
The Indonesian Minister of Finance is making fund allocation to finance legal efforts against lawsuit filed by Cemex Asia to International Centre for Settlement of Investment Disputes (ICSID) Washingt
Dyckerhoff names Wolfgang Bauer chairman
German cement maker Dyckerhoff AG said its supervisory board has named Wolfgang Bauer chairman from March 1, 2004, succeeding Peter Steiner.
Lafarge to divest of stake in Molins
As part of its continued efforts to improve its balance sheet following the acquisition of Blue Circle Industries, Lafarge has signed an agreement to sell its 40.9% in Cementos Molins Industrial.
Spanish cement consumption.
The consumption of cement in the 11 months to November was up 4.3 per cent from a year earlier at 42.9Mt, industry association Oficemen said.
Mexico cement output up 3.5 per cent Jan.-Sept.
Mexican cement production rose 3.52 per cent in the first nine months of 2003, rising to meet higher construction demand especially from housing and infrastructure.
Cemex releases 4Q guidance forecast
Mexican cement giant Cemex expects to reach sales revenues of US$1.7bn for the fourth quarter this year, translating into full-year sales revenues in excess of US$7bn, the company announced in a Q4 fo
Danish FLS Industries Executive Vice President To Resign
Danish engineering and cement group FLS Industries executive vice president Preben Tolstrup, 44, will resign as of January 1, 2004.
Chia Hsin raises HK$485.5m
Chia Hsin Cement Greater China Holding Corp said on Friday the underwriters for its initial public offering had exercised an over-allotment option, raising the size of the deal to HK$485.5 million (US
Criminal complaint filed
The Thai Securities and Exchange Commission yesterday filed a criminal complaint against Orapin Leophairatana, former senior executive vice-president of TPI Polene, for alleged securities price manipu
Robust construction activity unlikely until 2005
The US economy is set to move into high gear in 2004 according to the latest economic forecast from the Portland Cement Association.
Trading in Confidence Cement suspended
The Chittagong Stock Exchange (CSE) also suspended the trading of Confidence Cement Limited shares for two weeks from yesterday. Earlier, on Wednesday the Dhaka Stock Exchange (DSE) decided to
RMC benefits from improved UK cement performance
In its year-end trading statement, the management of RMC takes a more optimistic view in stating that the 2003 results will be at the top end of analysts’ expectations. This is in part on the back of
New shareholder for Secil?
First discussed at the recent Cemtech conference in Lisbon, but dismissed by Secil personnel as most unlikely, news that Semapa is looking for a new partner for its cement activities has again come to
Lafarge acquisition
Lafarge has acquired the EBRD`s 23 per cent shareholding in Lafarge Polska, which is made up of Lafarge`s cement and aggregates & concrete operations in Poland. The transaction amounts to Euro84m, bri