Cement industry news

28 Oct 2008 International

Lafarge WAPCO to increase production

The management of Lafarge WAPCO may have concluded arrangements to increase its production output

28 Oct 2008 International

HeidelbergCement to buy back bonds

HeidelbergCement AG announced on Monday it will buy back bonds issued in April 1999, October 2007 and January 2008.

28 Oct 2008 Corporate

Cementir Holding SpA Substantial shareholder buys

Cementir Holding SpA substantial shareholder Chupas 2007 Srl bought 16,903 shares worth Euro44,531 on October 16, 2008. The last price was Euro2.63.

28 Oct 2008 International

Dangote Cement outlines vision for industry

Dangote Cement has outlined the company’s vision for the future of the cement industry in Nigeria.

28 Oct 2008 Environmental

Ash Grove earns Working for Cleaner Air Award

Ash Grove Cement Company’s Midlothian, Texas cement plant earned the "Working for Cleaner Air Employer of the Year" award from the North Texas Clean Air Coalition (NTCAC).

27 Oct 2008 Freight Markets

Baltic Dry Index keeps on dropping throughout October

Late October saw the all important Baltic Dry Index trading below 1000 points. The continuous slump has seen the index dropping to 982 points, from an all-time high of 11,793 po...

27 Oct 2008 International

China cement production growth slows in Jan-Sept

China’s cement output growth decelerated in recent months due to weak demand and cement producers production cut to stabilise prices.

27 Oct 2008 Corporate

St. Marys Charlevoix plant to lay off 80 as of Dec. 1

St. Marys Cement Plant in Charlevoix announced Thursday that it would be laying off about 80 percent of its hourly workforce by Dec 1.

27 Oct 2008 International

Binani Cement net tumbles 44% for Sep ’08 qtr

Binani Cement announced a substantial drop in standalone net profit for the quarter ended September 2008. During the quarter,

27 Oct 2008 International

Akmenes Cementas Jan-Sept revenues up 29 per cent

Lithuania’s only cement manufacturer Akmenes Cementas said on Friday that its sales revenue for the first nine months of this year jumped

27 Oct 2008 Corporate

Saudi Cement Q3 profit down 9.2 per cent

Saudi Cement Company, Saudi Arabia’s largest cement producer, said third-quarter profit fell 9.2 per cent to miss analysts’ forecasts, due to a decline in export rev...

27 Oct 2008 International

Jaypee Cements to start work after security assurance

Jaypee Cements today said it would begin construction work for the upcoming cement factory here only after getting security assurance from the administration and local villagers.

27 Oct 2008 Corporate

Thailand’s TPI Polene (TPIPL): 3Q08 results

TPIPL reported 3Q08 earnings of Bt576mn, up 28.1% YoY and turning from a loss of Bt6.8bn in 2Q08. Its normalised profit was Bt567mn, up 10.2% YoY but down 6.6% QoQ.

27 Oct 2008 International

Removal of import tariff on cement opposed, Philippines

Former senator-turned consumer advocate Wigberto Tañda expressed strong opposition yesterday to the plan of the Philippine Department of Trade and Industry (DTI) to lift the tar...

27 Oct 2008 International

CCP to issue show cause notice to APCMA today

The Competition Commission of Pakistan (CCP) has decided to issue show cause notice to the All Pakistan Cement Manufacturers Association (APCMA)

27 Oct 2008 International

HAVER Technology Days roundup

With its Technology Days, Haver & Boecker, the German specialist for packing machinery, succeeded in launching a new information concept.

24 Oct 2008 International

Higher interest charges depress Titan’s profits

Titan’s turnover increased by 3.5% to EUR1,183.5m in the first nine months of 2008, while the EBITDA declined by 15.4% to EUR289.3m.

24 Oct 2008 International

Boral’s cement volumes ahead

That the annual general meeting, Mr. Rod Pearse, managing director of Boral, reported higher volumes and prices for cement in its first quarter,

24 Oct 2008 International

Grasim, ACC quarterly profits take a plunge

Against the backdrop of high input costs and general economic slowdown, Grasim, the Aditya Birla Group’s flagship company, saw a 21% fall

24 Oct 2008 International

Titan Group says turnover up, profits down in Jan-Sept

Titan Cement on Thursday reported a 15.6 per cent decline in its consolidated net, after tax and minorities, profits to EUR163m in the nine-month period from January to Septembe...