UAE Ministry to retain price cap on cement manufacturers
The UAE Ministry of Economy says there will not be any immediate revision on the price cap of cement, even as representatives of factories said they are producing at a loss
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Complaint filed against TXI Riverside Cement Co
The law firms made famous in the 2000 film "Erin Brockovich" have filed a complaint seeking damages against TXI Riverside Cement Co
Residents worry about emissions in cement plant upgrade, US
Residents aired their concerns about emissions coming from the Lafarge Cement plant in Ravena, the biggest mercury polluter in the State.
Saudi Cement Co 9-mo net profit down to USD 130.6m
The net profit of Saudi cement producer, Saudi Cement Company (SCC) dropped to SAR 489.6 million (US$130.6m) for the first nine months of 2008 from SAR517m
HeidelbergCement declines to comment on takeover rumours
HeidelbergCement has declined to comment on rumours that German entrepreneur Adolf Merckle might carry out a complete takeover of the company.
Portugal’s Cimpor holds 1.154 per cent of own stock
Cimpor holds 1.154 percent of its owns shares after buying 240,000 shares on Friday, the company said in a statement.
Baltic Dry Index falls below 1,000 points to six-year lows
The Baltic Dry Index is now trading below 1000 points. Yesterday marked one more downward session for the freefalling index, tracking dry bulk shipments of commodities like iron...
Lucky Cement announces results
Lucky Cement has announced its results for the first quarter of fiscal year 2009 with 32 per cent growth.
ACC: Low demand, high costs
According to reports from India’s Business Standard newspaper, management at the Rs 7,067-crore ACC believes that the economic environment is turning unfavourable as growth of c...
Maintain the tariffs: CEMAP Philippines
Dr Ordoñez, president of the Cement Manufacturers Association of the Philippines and the Asean Federation of Cement Manufacturers wants
Holcim: Mexico not expected to reach growth estimates
The volatile world economy means forecasts cannot be made regarding the Mexican cement industry’s performance, Holcim spokesperson Gustavo Gastelum told paper Milenio.
Venezuela: talks with Cemex extended for 30 days
The Venezuelan National Executive has not come to terms yet with cement makers and as a result, the term to reach an agreement has been extended.
Waiting begins for burning permit, US
Lafarge will have to wait 2-4 weeks to learn if the Alpena plant will receive its permit to burn alternate fuels in the facilities kilns.
Geocycle Singapore new plant
Singapore’s building industry is taking steps to green itself, with the opening on Wednesday of a new plant which will recycle used copper slag to make concrete.
Pakistan’s DG Khan Cement 1Q loss
DG Khan Cement Ltd., Pakistan’s second-biggest producer of the building material, reported a first-quarter loss because of higher loan costs.
Steppe Cement commissioning of Line 6
Steppe Cement Limited announced that its 100% subsidiary Karcement JSC has
Eagle Materials sales and profits decline
Eagle Materials’ turnover for the six months of the end of September declined by 17.6% to US$355.7m and the pre-tax profit dropped by 68.6% to
Buzzi Unicem SpA director buys shares
Buzzi Unicem SpA director Alvaro Di Stefano bought 4,500 shares worth Euro38,128 on October 17, 2008. The last price was Euro8.47.
Egypt launches cement projects in North Sinai
Egyptian PM, Ahmed Nazif has inaugurated cement projects in North Sinai governorate, Middle East News agency reported.
Holcim Romania: construction to grow at slower pace
The Romanian construction sector will grow by 10-15% in 2008, but it will temper its pace in 2009, due to the financial crisis and the change of lending conditions,
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