Lafarge appoints President and CEOs for Canadian operations
René Thibault and Bob Cartmel have been appointed by the Lafarge Group as its senior leaders for all markets and product lines in Canada. Mr. Thibault will oversee the four wes...
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Lafarge Cement Zimbawe to improve plant efficiency
Lafarge Cement Zimbabwe plans to spend US$4.5m on capital expenditure during 2012 in a move aimed at improving the plant’s efficiencies, according to local press. In a trading ...
Cemex nearer to alternative fuel permit, USA
Cemex is a step closer to using alternative fuels at Kiln No 2 of its Brooksville South plant with the Florida Department of Environmental Protection (FDEP) reportedly poised t...
SIDF approves new cement plant loan, Saudi Arabia
The Saudi Industrial Development Fund’s board of directors (SIDF) has approved a loan for a new cement factory to help meet demand in the the Hail region. Speaking to Arab N...
Oman forecast to see increased exports
Oman is expected to witness increasing exports this year thanks to demand from markets like Yemen and East Africa, a new research report has forecast. Raysut Cement is expected...
Bihar cement prices rise as supplies fall, India
Cement prices in the Indian state of Bihar have risen by almost 50 per cent due to increased construction activity and the temporary shutdown of a nearby Prism Cement unit, the...
Readymix agrees to Cemex buy-out offer, Ireland
Shareholders of Irish cement maker Readymix have voted to sell the 38 per cent share of the company not owned by Cemex to the Mexican cement major. At a meeting to vote on t...
Saudi cement companies 1Q net profit rise, Saudi Arabia
Two leading Saudi Arabian cement producers have reported a rise in first quarter 2012 net profit due to higher sales. Yanbu Cement said its first quarter 2012 net profit surg...
Camargo Correa on Rating Watch Negative
Fitch Ratings has placed all of the ratings of Camargo Correa and its subsidiaries on Rating Watch Negative following the Brazilian conglomerate's announcement that it intends ...
Shaasta Cement plans Karnataka clinker line, India
Shaasta Cement Corporation, India, is planning the construction of a 2.25Mta clinker production line in Gulbarga district, in the state of Karnataka. The project is planned for...
Canada, Ontario infrastructure plan boosts cement outlook
Confirmation that the Ontario, Canada government will maintain its commitment to a $35bn 3-year infrastructure spend has been welcomed by the Cement Association of Canada. "...
New plant announced by SC Uzstroymateriali, Uzbekistan
Almalyk Mining and Metallurgical Plant and SC Uzstroymateriali have announced plans to build a new 600,000tpa cement plant in Uzbekistan. The new plant, which will also produce...
Zuari subsidiary to expand Sitapuram unit, India
Sri Vishnu Cement, India, is planning to expand its clinker manufacturing capacity at Sitapuram, district Nalgonda, in Andhra Pradesh, from 1.1Mta to 2Mta. Sri Vishnu Cement, p...
2Mta plant planned in Madhya Pradesh, India
Abhijeet Cement, India, is planning an integrated cement plant in district Morena in Madhya Pradesh. The new project, located at Bhilampur, will consist of a 2Mta cement line a...
Flat outlook for Croatian cement in 2012
Revenues for Holcim Croatia will remain flat in 2012, the company’s CEO, Mario Grassl, said in a recent interview, according to a report by SeeNews. “Based on data of the Cr...
Cimpor acquisition good for competition
The buyout of Cimpor, Portugal, by Camargo Corrêa of Brazil would improve competition by reducing the market share of dominant player, Grupo Votorantim, according to Brazil’s a...
Jidong Cement net profit rises 9%
Tangshan Jidong Cement Co. Ltd, based in Hebei Province, China, has stated that its net profit rose 9%YoY to CNY1.53bn in 2011. Meanwhile, operating revenue surged by 42.15% to...
Dividend boost for Dangote shareholders
Dangote Cement Plc announced it will pay a cash dividend of NGN19.37bn, or NGN1.25 per share, according to the company’s financial statement released on the Nigerian Stock Exch...
Camargo Corrêa in Cimpor bid
Camargo Corrêa and Brazilian competitor Votorantim Cimentos SA bought separate stakes in Cimpor in early 2010. Camargo currently claims to hold around a 33.25% stake in Cimpor ...
Smaller vessels lead recovery
Although low rates were persisting in the capesize market, higher rates for smaller vessels and an improving Atlantic basin environment pushed up the Baltic Exchange’s main sea...
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