OCI/Lafarge transaction completion
Lafarge and Orascom Construction Industries have today completed the acquisition of Orascom Cement by Lafarge, announced on December 10, 2007.
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Peru’s Cementos Lima 4Q Net PEN56.6m Vs PEN41.5m
Cementos Lima SA posted fourth-quarter net income of CLP56.6m (US$19.2m), compared with PEN41.5m in the same quarter in the previous year
Indian cement firms go global
Indian cement companies are now venturing out of the country to diversify their markets and the Middle East has emerged as
Holcim Awards: application deadline approaches
The closing deadline for award submissions is drawing near.
Pakistan exports up 111 per cent, July-December
Cement exports recorded a phenomenal growth of 111 per cent during six months of the current fiscal year to reach US$135.672m.
Indonesia concerns over cement shortage by 2012
Due to the country’s increasing demand for cement, the Indonesian government predicts the country could suffer a cement shortage of up to 1.8Mt in 2012.
Thai Siam Cement expects 2008 sales to rise 10 per cent
Siam Cement PCL , Thailand’s top conglomerate, expects a 10 per cent rise in sales this year from 2007,
Turkey’s Cimsa sees 2008 revenue of US$500m
Cimsa, Turkey’s third-largest cement producer, expects revenue of US$500m this year after hitting sales targets in 2007,
Markets show more instability
Another frenetic week in the dry bulk market with more huge fluctuations in rates and plenty of drama behind the scenes. The Baltic Dry Index (BDI) finished ast Friday at 6462,...
Swicorp advises Arabian Cement in SR500m rights issue
Arabian Cement has successfully offered 10 million new shares at a price of SR50 per share through a
HeidelbergCement boosts cement output in Ukraine 18% in Jan-Nov
HeidelbergCement Group’s Ukrainian plants increased cement production by 18.2% YoY to 3.985M
Group, MGB name Cebu plant safest cement manufacturer in RP
Taiheiyo Cement Philippines Inc. (TCPI) operates the safest mineral processing plant in the Philippines,
Population increase expected to fuel cement consumption increases
By 2030 the U.S. population is expected to reach 363.5 million persons.
Siam Cement to invest up to THB65B During 2008-2010
Siam Cement PCL, Thailand’s largest industrial conglomerate by revenue, plans to invest up to THB65bn (US$2bn) between 2008 and 2010
Dangote considers Ugandan investment
Nigerian conglomerate Dangote Industries Ltd, with its annual turnover in excess of US$1.4 billion, - has expressed intentions to invest in Uganda’s cement industry. Dan...
Qatari Gulf Cement to retain 2007 profit
Qatari Gulf Cement Company plans to retain its net profit of QAR32.3m (US$8.9m), according to preliminary figures for 2007
Saudi Cement’s Q4 profit up nine per cent
Saudi Cement Co reported a nine per cent rise in fourth-quarter profit on higher productivity and sales.
Egypt to re-offer cement plant licence
Egypt will re-offer a licence to build a greenfield cement factory in Sohag in upper Egypt this week for the third time
Angola government gives green light to private cement project
The Angolan government has recently formalised the private investment project called "New Cement Factory of Lobito", by publishing its approval in the State Gaze
Tamil Nadu govt sells cement at concessional rate
The Tamil Nadu government today launched the sale of cement at a concessional rate of Rs 200 per bag through the Civil Supplies Department across the state.
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