Egypt’s National Cement says profit down 7.6 per cent
Egypt’s National Cement’s profit in the year to end-June dropped 7.6 per cent to 280.9 million Egyptian pounds ($49.80 million), the stock exchange said on Sunday.
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
Mideast cement makers thrive on building boom
The top 10 listed cement companies in the Middle East saw a 27% average increase in first-half profits due to soaring cement prices and rising demand from the region’s $1.45tn b...
India: cement prices to rule firm despite imports
The Indian cement industry would not be impacted by import of cement from Pakistan.
Nigeria: Between importation of cement and loan re-payments
The recent threat by the Federal Government to import cement in a bid to force the prices of cement down may mean different things to different people.
KKR Completes $150 Mln Investment In China’s Tianrui Cement
Kohlberg Kravis Roberts & Co. L.P. said Monday it completed a $115 million financing in Tianrui Cement, a large cement producer based in China’s Henan province.
CRH In Talks to buy up to $4.5B Of Cemex assets
Irish building materials group CRH PLC (CRH) said Monday it was in talks to buy up to $4.5 billion of assets from Mexican cement giant Cemex SA (CX).
German company completes takeover Lehigh Cement’s parent buys Hanson for $16 billion
The parent company of Lehigh Cement in Upper Macungie Township closed a $16 billion acquisition Thursday – the biggest ever takeover in the building materials industry –
India: cement prices to rule firm despite imports
The Indian cement industry would not be impacted by import of cement from Pakistan.
Holcim Group is again a leader in sustainability
Holcim, the international cement company, has once again been named "Leader of the Industry" in the Dow Jones Sustainability Index.
Buzzi FY sales seen rising six per cent to over €3.4 bln
Buzzi Unicem SpA sales are expected to rise six per cent to more than €3.4 bln in 2007, according to a survey in the daily Il Sole 24 Ore.
German company completes takeover Lehigh Cement’s parent buys Hanson for $16 billion.
The parent company of Lehigh Cement in Upper Macungie Township closed a $16 billion acquisition Thursday -- the biggest ever takeover in the building materials industry
Govt told: 3-year wait for cement unfair
The State Government has been urged to allow the free market importation of cement while the proposed clinker and grinding plants are up and running.
Govt Sets Cement Prices, Rwanda
The government has set maximum cement prices to check the escalating prices in the country.
Thai Cement Demand Likely To Fall 5%-10% In ’07 - Siam Cement
The Thai cement industry faces declining demand of 5%-10% this year due to delayed government spending on large-scale infrastructure projects
Indonesia’s Aug cement consumption up 11.4 per cent YoY
Indonesia’s cement consumption rose 11.4 per cent to 3.4Mt last month, data from the country’s cement association showed on Friday.
Shortage of plastic bags in Pak to affect cement exports to India
The cement export to India from Pakistan is likely to be affected by the shortage of plastic bags used for transporting.
Lafarge Langkawi prioritises local market, Malaysia
Lafarge Malayan Cement Bhd’s plant here will sell most of its output in the domestic market due to rising demand, senior manager Chong fatt San said today.
Eurocement to build four plants
Eurocement plans to increase the distance between itself and competitors on the cement market. By the end of 2007, the company will sign agreements on the construction of four
HeidelbergCement sets Hanson plan; CDS converge
HeidelbergCement AG set out plans on Thursday for the existing debt of Britain’s Hanson, which it bought earlier this year, leading the cost of default protection on the t...
CRH’s Americas Materials Division completes four acquisitions for US$350m
CRH plc, the international building materials group, announces four separate acquisitions by its Americas Materials Division for a total combined cash consideration, including ...
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
