Poor outlook key to Rinker takeover
The storm clouds surrounding building products maker Rinker Group’s profit outlook influenced the board’s decision
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Siam Cement seeks lower sales target
The building-materials arm of the Siam Cement Group (SCG) will ask the conglomerate’s board to lower its revenue target for this year,
Anhui Conch 1Q net profit up 36 per cent
Chinese cement producer Anhui Conch Cement said Sunday its first-quarter net profit rose 36 per cent from the same period last year on an increase in capacity and stable sales g...
India gives US$20m funding for Djibouti cement plant
India has provided additional funding of US$10m to Djibouti for a cement plant project at Ali Sabieh, raising the total funding to US$20m .
Votorantim Cimentos aggressively seeking aggregates in Great Lakes region
Votorantim Cimentos, the cement manufacturing division of the Brazilian conglomerate Votorantim Group, is aggressively seeking to acquire suppliers of aggregates in the Great L...
High-margin cement sector lures new players in India
A growing number of Indian companies from other industries are scrambling to set up cement plants, lured by high margins or for environmental reasons, but government price contr...
Guyana set to end cement waiver
With TCL’s new US$10m state-of-the-art bagging plant in Guyana now in operation and now capable of meeting local needs, the company was planning to reintroduce the CET on extra-...
Rinker says outlook clouded by uncertainty about US housing market
Rinker Group Ltd said its earnings outlook is clouded by uncertainty over the direction of the US housing market.
Cemex says work started on wind-driven power plant
Lorenzo Zambrano, chairman and chief executive of Cemex, said Thursday that work on a wind-driven power plant that would provide a third of the company’s domestic energy n...
GCC Reports First Quarter 2007 Results; solid growth in international and domestic sales
Grupo Cementos de Chihuahua S.A.B. de C.V today announced consolidated results for the first quarter ended March 31, 2007.
Peru’s Cementos Lima 1Q Net PEN41.1m Vs PEN33.7m
Cementos Lima SA posted first quarter net income of 41.1 million soles ($12.9 million) compared with PEN33.7 million in the same quarter in the previous year, the company said T...
Cement prices fall by Rs10 per bag, Pakistan
Cement prices in Pakistan declined on Thursday by Rs10 per bag as the construction activities have slowed down due to shortage of workforce that is currently engaged in wheat ha...
Spain’s housing market to implode?
With signs all pointing to a crash in the Spanish property market, the only question in Spain now is which bubble is bursting
California Portland Cement Company earns ENERGY STAR ® awar
On March 21, the U.S. Environmental Protection Agency awarded California Portland Cement Company (CPC) a 2007 ENERGY STAR Sustained Excellence A
OCI signs agreement with Baltali Family to consolidate ownership in Batiçim Çimento
OCI announced today that it has signed an agreement with Mrs. Türkan Baltalı, one of the largest shareholders of Batıçim Batı Anadolu Çimento Sanayii A.Ş. (B...
China to cut export tax rebates on items with high energy input
China will cut the export tax rebate on items which involve high energy use in the production process, as well as on prim
Chilean Cementos Bio Bio to invest US$50m in two plants
Chile’s third largest cement producer Cementos Bio Bio, controlled by the industrial group Briones, plans to invest US$50m in the construction of two plants in central Chile
Holcim pleased by early response to Weston Option cement plant notification
Holcim (New Zealand) Ltd has received a good level of interest from the public this week following the notification on 20 and 21 April of the resource consent applications for i...
Cement imports: Ports agree to forgo rentals till clearance
The Government’s effort to cool down cement prices is gradually paying off, with 525t of the commodity landing in Mumbai and port authorities joining in the efforts to con...
CNBM to provide equipment to Vietnam
China National Building Material Group Corporation(CNBM), a state-owned company in charge of administrative affairs in building material industry
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