Cement News tagged: International
Regulators approve Holcim offer for Apasco
Mexican regulatory authorities have authorised the US$750m buyout offer from Holcim Ltd, for the rest of its Mexican unit Holcim Apasco that it does not already own.
Ramco new plant
Ramco Industries is adding a sixth cement plant at Kharagpur in West Bengal to its five-strong cement plant network, three in Tamil
Memorandum of understanding for cement workers
The management and staff of the Caribbean Cement Company will this week meet with trade unions to begin working out details for a Memorandum of Understanding.
Hanson’s profits hit by California and the dollar
Hanson PLC, the global leader in aggregates, generated a turnover of €5,723.5m, a decline of 1.1 per cent entirely because of the weakness in the US dollar. The operating profit at the EBITDA level e
Bamburi’s Pre-Tax Profit Falls
Kenya’s largest cement-maker has reported a 16 per cent decline in pre-tax profit for the year ending December 2003. Bamburi Cement Company, which is partly owned by Lafarge, is also reaping th
Holcim and HeidelbergCement to split Belgian concrete business
As first highlighted by ICR in October last year, HeidelbergCement and Holcim have now decided to split up the jointly owned ready-mixed concrete producer Inter-Beton and are currently negotiating how
Leyte cement haulers get 10-centavo raise
Local cement dealers have agreed to increase loading and unloading rates by 10 centavos to 80 centavos per bag, ending a dispute over rates paid to haulers. Still unresolved however, are workers&rsqu
April-Jan Cement Demand In South India
Large-scale spending by the Karnataka government on various projects has ensured that cement consumption in south India did not decline but grew at a reasonable rate during the period April-January ’0
Indian cement growth
India’s cement output rose 6.69 per cent to 10.2Mt in the month of January this year, compared with an output of 9.56Mt in the corresponding period of the previous year, according to the latest
Bolivian cement sales up 11.9 per cent
Cement sales in Bolivia increased 11.9 per cent to 1.11Mt in 2003, compared to the year before, the country’s cement and concrete institute (IBCH) reported. Company Fancesa led sales with 294,9
Dangote reassures Benue workers
The President of Dangote Industries, Alhaji Aliko Dangote, has said that no staff of the Benue Cement Company (BCC), Gboko, would lose his job, following the take over of BCC by DIL. Speaking in Maku
Cemex wins US$48m road contract in Panama
Mexican cement maker Cemex, won a US$48m contract to build a road in Panama. The information was provided by Panamanian builder Constructora Urbana (Cusa), which will carry out the contract jointly w
Amnesty asks CRH to explain
The human rights group, Amnesty International, has called on the Irish company, Cement Roadstone Holdings (CRH), to state its position on Israel’s construction of a giant wall along the Israeli-
Gujarat prices hit 4-year high
Buoyed by a strong revival in demand, especially from the infrastructure sector, Indian cement manufacturers have increased prices by Rs13-15 per bag in Gujarat. Retail cement prices in the state, whi
Cement sector sees infighting on capacity utilisation issue
Differences have cropped up in the Pakistan cement industry over capacity utilisation, since the southern region is demanding that capacity utilisation be increased and the northern region is not agre
China cement clampdown looms
While the Chinese construction sector booms and cement companies are seeing profitability levels soar, alarm bells are ringing in official circles as top officials, including Premier Wen Jiabao and ce