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Catskill plant closure to be made permanent, USA

Holcim is reportedly permanently closing its Catskill plant in the state of New York, USA, according to a local new...

Cement division helps boost YTL net profit, Malaysia

YTL Corp of Malaysia registered a net profit of MYR489.2m in the six months ended 31 December 2011, up 10.4 per cent...

Weak demand and high input costs hit Holcim Philippines earnings

Holcim Philippines posted a net earnings of PHP2.03bn, down 47.27% from the PHP3.85bn it earned in 2010 as weaker ce...

Cemex to appeal fine, Mexico

Cemex CEO Lorenzo Zambrano has reiterated that the company will appeal a fine for allegedly blocking competitors fro...

Fujian joint-venture announced, China

Chinese cement producer, Fujian Cement plans to set up a joint venture, Fujian Jianfu Southern Cement, with its seco...

Suez Cement reports 54% decline in 2011 net profit

Suez Cement of Egypt posted a 54 per cent decline in 2011 due to political unrest and uncertainty.  Net income fe...

FCC may delay sale of US unit

Fomento de Construcciones & Contratas SA (FCC) of Spain may delay the sale of its US business after receiving offers...

Indonesia to invest US$6.3bn in new capacity projects

Indonesian cement producers plan to invest IDR57trn (US$6.3bn) to raise domestic production, chairman of the Indones...

Falluja Cement factory to be rehabilitated, Iraq

Iraq’s Ministry of Industry and Minerals has signed a 20-year investment contract to rehabilitate the Fulluja Cement...

Lithuania’s Akmenes Cement seeks export markets

Following the completion of upgrade works at the Akmenes Cement works in Lithuania, the company has said it is seeki...

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