St-Gobain denies held merger talks with Lafarge
French building materials group Saint-Gobain denied on Thursday ever having held merger talks with Lafarge
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Cementir boosted by increased Turkish business
Cementir improved turnover in the nine months to the end of September by 10.5% to EUR856.09m and the EBITDA increased by 11.1% to EUR207.78m.
Lafarge Cement sales in Romania up 58.6 per cent YoY Jan-Sept 2007
Lafarge’s cement sales in Romania rose 58.6 per cent YoY in terms of value in the first nine months of 2007.
Siam City Cement 3Q Net Profit Falls 27%
Siam City Cement PCL, Thailand’s second largest cement producer, said third quarter net profit fell 27%, hit by the weak economy and the higher cost of fuel and electricity.
Macmahon secures 10-year Lafarge contract worth $65m
Macmahon Holdings Limited announced today that it had been awarded a new, long term quarrying contract in South East Asia.
M&A trend in China’s cement industry to continue
The trend of merger and acquisition (M&A) in China’s cement industry will continue in the coming few years, said Kong Xiangzhong, general secretary of the China Cement Ass...
Colombia’s Argos transfers $43.5m to US unit to boost revenue
Colombia’s largest cement maker Cementos Argos SA Thursday transferred US$43.5m to its US unit to boost its revenues there,
Lafarge turnover rises 4.5 per cent
In the first nine months of 2007 Lafarge generated a turnover EUR13,279m, an increase of 4.5%, and the EBITDA improved by 13.8% to EUR3,148m.
Deputy Minister Visits Butra Cement Factory, Brunei
Bandar Seri Begawan - Deputy Minister at the Ministry of Industry and Primary Resources Dato Paduka Haji Hamdillah bin Haji Abd Wahab yesterday made a working visit to the Butra...
Lafarge rejects merger proposals from Saint-Gobain
Lafarge has rejected proposals for a merger with fellow building materials group Saint-Gobain, French daily Le Figaro reported.
Belarus to produce 9.5Mt annually by 2010
Due to equipment upgrades, the Belarus cement industry is expected to produce 9.5Mta of cement by 2010,
Asian profits boosted by India and Kazakhstan
Italcementi’s turnover for the first nine months advanced by 5.0% to EUR4,613.1m, while the running EBITDA was off by 2.3% to EUR1.105.6m.
Ash Grove Cement resolves clean air act violations
The Montana Department of Environmental Quality issued the following news release:
Lafarge 3Q Net Profit +9% despite US slowdown
Lafarge SA Thursday said net profit for the third quarter was up 9%, supported by emerging markets growth and higher prices, and in spite of the slowdown in the U.S. residential...
Vassiliko to discuss share issue to Cyprus Cement
Vassiliko Cement Works Public Company Ltd announced that the Board of Directors will meet on Tuesday, November 13, 2007
CGD cuts stake in Cimpor
Portuguese state-owned bank Caixa Geral de Depositos (CGD) has cut its stake in the share capital of local cement production group Cimpor
Portugal Semapa Jan-Sept 2007 profit rises 53 per cent YoY
The consolidated net profit of Portuguese construction and cement group Semapa increased by 53 per cent YoY to EUR97.3m ($141.61m) in the period January to September 2007.
New Holcim cement plant for Mexico
Holcim’s turnover increased by 15.8% to SFr20,286m (EUR12,370m) and the operating EBITDA rose by 19.0% to SFr5,340m (EUR3,256m).
Nevada Cement receives OK for expansion permit, zone change
Nevada Cement has approval for both an expansion permit and a zone change to an adjacent property,
Malaysia’s YTL Cement looks to expand in China and Vietnam
YTL Cement Bhd is looking at expanding in countries like China and Vietnam.
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