Cement News tagged: International
Lafarge North America
Turnover in the first nine months of the year at Cimpor grew by only 1.1% to Eur1,028.2m in spite of the initial inclusion
Semapa’s profits hit
Semapa’s profits hit by weaker markets and financing costs
Cimpor buys Cecime
Europe`s seventh-largest cement maker, Cimpor-Cimentos de Portugal, has acquired 90 per cent in local cement importer Cecime
Nyplex to start building Ukraine terminal?
The UK`s Nyplex plans to start constructing a terminal capable of transshipping 6 million tonnes of cement
Lafarge North America
Operating income reaches third-quarter record. Board declares quarterly cash dividend
RMC pulls out of German sale option
As expected, European competition authorities have not looked too kindly upon a possible purchase by HeidelbergCement of RMC`s German assets.
Lafarge reports
Sales down 8.6 per cent to €10,281m from €11,251m Negative foreign exchange impact due to Euro appreciation increase of year to date in underlying sales: + 3.0 per cent. Strong third quarter sales not
Restructure leads to job cuts at RMC
RMC is to axe 520 jobs as a result of restructuring to simplify the business to create a single organisation.The new organisation, effective from February 2004, will combine RMC`s Readymix, Aggregates
Anhui Conch plans US$4.6bn boost
After a 138 per cent profit gain this year, Anhui Conch will expand its capacity to meet surging demand Anhui Conch Cement, the mainland`s largest cement producer, will spend five billion yuan in cap
CRH adds Danish, Finnish bolt-ons
CRH has tied down two deals costing an estimated €100m in Denmark and Finland in thepast couple of months. The international building materials group yesterday confirmed the acquisition of Finland`s l
Deutsche Bank: US Housing
New analysis from Deutsche Bank specialists suggests new US housing starts are still performing well
Cemex 3Q sales
Cemex sees imporoved results for the third quarter with improving sales in all its major markets apart from the United States
Holcim purchase
Holcim strengthens market presence in Eastern Mediterranean region with the takeover of Bogaz Endustri Madencilik in Northern Cyprus
Rating Agency News
S&P revises outlook on Portugal`s Cimpor to negative following a continued downturn in the local cement market.
Lafarge sees China as growth area
Lafarge sees China as one of its potentially high growth areas in Asia, despite difficult market conditions and investment returns below the group`s average, chief executive officer Bernard Kasriel sa
HeidelbergCement’s approach to RMC
HeidelbergCement’s approach to RMC