Holcim Indonesia to conclude acquisition deal by month-end
Publicly listed Holcim Indonesia (HI), the local unit of Zurich-based Holcim Ltd, will seal a US$50m
Cement industry news
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Carib Cement employees to resume work
Staff at the Caribbean Cement Company have been ordered to resume work this morning after the
Saudi ministry to continue with selective export ban on cement
Saudi Arabia yesterday said it would continue with the ban on cement exports until producers agree to the
Vietnam south’s cement plants fail to meet demand
The south will still need 12-12.5Mt of cement transported from the north, even though the region has
HeidelbergCement sees comfort in China
HeidelbergCement’s first quarter turnover declined by 23.9% to €2,359.4m and the EBITDA fell by 49.6% to €201.6m.
Vicat receives boost from Egypt
Vicat’s turnover declined by 9.8% in absolute terms and by 14.0% on a comparative basis to €425m during the first quarter of 2009.
Birla expects 10Mt cement capacity in two years, India
Birla Corp Ltd, part of the MP Birla Group, expects its cement capacity to rise to 10Mt in two years from
Cemex in cement probe, denies collusion, Mexico
Cemex said on Thursday it was under investigation for possible collusion with its competitors in Mexico but denied
Sluggish Demand Forces Down Cement Price in Taiwan
It seems that the government’s moves to raise investments in infrastructural construction to stimulate
Semen Gresik capital expenditure worth US$784m
PT Semen Gresik Tbk allocated US$784m capital expenditure or IDR8.07 trillion as from 2008 up to
Heidelberg presents creditors with refinancing plan
HeidelbergCement presented its creditors with a refinancing plan to help the company avoid breaching
Lafarge’s European & American operations pull down 1Q results
Cement shipments in the quarter were off by 10.3% to 31.3Mt, while turnover from cement declined by 8.6% to €2,335m and the EBITDA emerged 9.5% lower at €573m
Harsh winter hits Holcim’s volumes
First quarter turnover at Holcim declined by 17.9% to SFr4,523m (€3,015m), or by 8.5% on a comparable basis
CRH expects profit cut amid bad economies, weather
CRH issued a profits warning Wednesday over sharper-than-expected drops in demand in both Europe and the United States.
Holcim Indonesia prepays a debt of US60m
PT Holcim Indonesia said it has serviced debt to its creditor Cemasco paying US$60m before maturity on
Pretoria Portland Cement’s Trading Statement
Pretoria Portland Cement Company (PPC.J) advises that its earnings per share and headline earnings per
Steeling oneself for market realities
Continued volatility in the ocean freight sectors marks the day to day progression of the Baltic Dry Index
Boral sells Adelaide Brighton stake
Construction materials supplier Boral says $210 million from the sale of its interest in cement maker
Cemex makes changes in management structure
Cemex said Tuesday it has reorganized some of its top management functions in an effort to increase
Vicat first quarter decline
Vicat today reported first-quarter 2009 sales of €425 million for the three months ended 31 March 2009,
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