Cement industry news

31 Mar 2009 Corporate

Cemex advancing in resolving problems

Cemex is "advancing well" toward resolving its financial problems, Mexican Finance Minister Agustin Carstens

30 Mar 2009 International

ACC calls for further hike in prices

ACC has insisted that cement should be sold at Rs 300 per bag in the retail market if it needs to go ahead

30 Mar 2009 Corporate

Mysore Cements allots shares

Mysore Cements Ltd has announced that pursuant to the Scheme of Amalgamation of Indorama Cement Ltd (IRCL) and HeidelbergCement India Pvt Ltd (HIPL) i

30 Mar 2009 Corporate

Hilal Cement 2008 net profit drops to US$2.2m

Kuwaiti cement producer Hilal Cement registered a decline in its net profit to KWD 684,321 (USD 2.2m

30 Mar 2009 International

EBRD prepared to provide EUR170m to Azerbaijan project

The European Bank for Reconstruction & Development (EBRD) is ready to look at financing Kiln Line 6 for Azerbaijan’s, Garadagh Cement OJSC.

30 Mar 2009 International

Vietnam: cement industry urged to boosts exports

Prime Minister Nguyen Tan Dung has asked the Vietnam Cement Industry Corporation (VICEM) to work

30 Mar 2009 International

Misr Beni Suef Cement 2008 profit up 4.8 per cent

Egypt’s Misr Beni Suef Cement posted a 4.8 percent rise in net profit to E£202.4m (US$35.9m) in 2008,

29 Mar 2009 International

Buzzi Unicem expects lower volumes in 2009

On a turnover 0.7% lower at €3520m, Buzzi Unicem’s EBITDA declined by 11.8% to €922.7 last year. The trading profit was down by 16.5% to €697.7m and the pre-tax profit by 21.2...

27 Mar 2009 Corporate

TXI volumes fall both in Texas and in California

In the nine months to the end of February, Texas Industries saw its turnover decline by 13.9% to US$656.9m

27 Mar 2009 International

Lafarge sees growth for Morocco cement market

Morocco’s cement market is likely to grow slightly this year as state-backed social housing projects offset delays and cancellations in commercial real estate,

27 Mar 2009 International

Holcim successful bond issue

Holcim Ltd has successfully placed EUR500m of a five-year bond with a coupon of nine per cent and will use proceeds to

27 Mar 2009 Corporate

HeidelbergCement Ukraine 2008 profit

HeidelbergCement Ukraine, Dnipropetrovsk region, ended 2008 with a net profit of UAH262.616m,

27 Mar 2009 Corporate

Ciments Francais shareholders contest absorption

Shareholder lobby group Adam contested the project for absorption of Ciments Francais by its parent Italcementi

27 Mar 2009 International

India: 4Q may be the best in FY09

The Indian cement industry is set to see some relief in the March quarter, according to a report by Business Standard.

27 Mar 2009 International

Hannibal’s Continental Cement recalls workers

Growing demand has led Continental Cement of Hannibal to recall about half of the workers it laid off in February.

27 Mar 2009 Trading

Saudi Arabia to lift export ban?

Saudi Arabia may soon lift its cement export restrictions in the face of increasing production capacity and falling domestic demand, according to an industry source.

27 Mar 2009 International

Venezuela sees negotiated solution to Holcim dispute

Venezuela expects to resolve a dispute over compensation to Holcim through negotiations, Venezuela’s energy minister said on Thursday

27 Mar 2009 Environmental

Mercury tests start near Ravena plant, US

Testing is being carried out on nearby soil and wildlife for toxic heavy metals that may have drifted from Lafarge’s Revena plant, report local press.

27 Mar 2009 International

Italcementi Group introduces Alipre®

Italcementi Group introduces its new Alipre® range of high-tech, eco-compatible sulfoaluminate

26 Mar 2009 Trading

MV Corregidora continues its work in Russia

The 35,000t floating terminal MV Corregidora, a former bulk carrier converted by Cemex back in 2001 and used for some time in Tenerife, Spain is reportedly back at work in Novor...