Titan Cement Q1 group net seen up 9.8% YOY
Titan Cement 2007 first quarter group net profits are seen up 9.8 per cent YoY to EUR 47.2 m, when it announces its results under IFRS on May 3, on the back of robust sales in G...
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Lafarge Group to invest US$250m
Folowing its 15 per cent profit increase reflecting a strong and growing export market in the Great-Lakes region recorded in 2006, the Lafarge Group has announced an investment...
India Grasim 4Q Consol Net Profit +60.2%
India’s Grasim Industries Ltd Wednesday said fourth-quarter consolidated net profit rose 60.2%, boosted by higher cement prices that was driven by continued buoyant demand.
Cement producers oppose 2007 incentives
Local cement producers have strongly opposed the plan of the government to extend incentives to new players in the industry, saying it will create an unfair non-level playing fi...
Cement production reaches record high
Production of clinker in Poland reached 2.37Mt in Q1 2007, an increase of 102.4% compared with the corresponding peri
Govt can’t ban cement cartel: FM
Government on Tuesday admitted to the presence of cement cartels and its inability to deal with them without effective competition law in the country.
No discrimination between foreign and domestic in cement industry
Competition Board President Mustafa Parlak has spoken about Turkey’s cement industry, saying that there are no di
HeidelbergCement starts construction of Russian cement plant
HeidelbergCement has begun construction of a cement plant worth over EUR200m in Russia’s Tula Region, Bernhard Gebler, the project’s manager, said Tuesday, ITAR-TASS...
Albert Frere’s GBL raises its stake in Lafarge to 17%
Albert Frere’s holding company Groupe Bruxelles Lambert has raised its stake in Lafarge to 17 pct, the group said at its shareholders’ meeting.
Rugby Cement claims emissions are down by 80 per cent
Rugby Cement have claimed today (Tuesday) that it has been able to reduce emissions of dust across the town by 80 per cent.
Vietnam: Work begins on cement production line
Work began on the construction of the second production line for the Nghi Son cement plant began in central Thanh Hoa province, on April 23.
Cement exports dive as building boom eats up supply
South Africa’s cement exports plunged 34 per cent last year as the country’s construction and building boom accelerated.
Siam Cement 14 pct Q1 net profit fall beats forecasts
Siam Cement PCL (SCC), Thailand’s biggest industrial conglomerate, reported a less than expected 14 percent fall in quarterly earnings on Wednesday as a weak domestic eco...
Latin America, Central Europe and Asia lead the Cemex growth is the US profit drops
Cemex’ first quarter turnover rose by 9.5% to US$4,399.7m, helped by higher volumes in most markets, with the notable exception of the United States
INTEKO to invest RUB8bn in cement plant reconstruction
Moscow-based company INTEKO has decided to invest about 8 billion rubles out of own funds and external loans in modernization of the production of Verkhnebakansky cement plant (...
Florida Rock selects Pavilion Technologies
Pavilion Technologies announced that Florida Rock Industries has chosen Pavilion’s Cement Solution to improve production processes at its plant in Newberry, Florida. Flori...
China’s Sinoma wins US$127.4m contract in Iraq
Sinoma International Engineering Co Ltd said it has signed an agreement to build a cement plant for Mass Iraq For Industrial Investment Co at a cost of US$127.4 m.
Compulsory Indonesian National Standard for Cement Starting to Take into Effect; Import of Cement Tightened
The government has tightened the import of cement following the application of compulsory Indonesian National Standard (SNI) for the commodity as stated in the Minister of Indus...
Aveng sells out of Holcim SA in landmark R7.4bn BEE deal
Aveng, South Africa’s biggest construction and engineering company, will sell its entire 45.65 percent shareholding in cement producer Holcim South Africa for R7.4bn,
Holcim ups stake in India’s Gujarat Ambuja Cement to 30.3 per cent
Holcim has hiked its holding in India’s Gujarat Ambuja Cement to 30.3 pct from 28.5 per cent following the purchase of a 1.84 per cent stake for about INR3bn, the Economic...
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