Cement industry news

13 Dec 2006 Corporate

China’s Anhui Conch shareholders approve proposal to buy parent’s assets

Anhui Conch Cement Co Ltd said its shareholders have approved a proposal to issue 22.76m new A-shares at 13.30 yuan each to buy three units from parent Anhui Conch Cement Group.

13 Dec 2006 Corporate

TAIM-TFG takes over Weser Engineering

TAIM-TFG is making progress on its strategy of positioning itself internationally through the takeover of the company Weser Engineering GmbH.

12 Dec 2006 International

Regional cement sales up 5.5 % year on year

Cement sales in the Southern African Customs Union rose by 5.5 per cent year on year last month, but were marginally lower than in October.

12 Dec 2006 International

Weak cement prices no deterrent to southern China capacity expansion

Chinese cement makers are undeterred by weak prices and are expanding capacity in the south of the country, Citigroup said

12 Dec 2006 International

Nova Cimangola Pledges cement supply to Cabinda Province

The supply of cement, to start next year, for the far-northern Cabinda province is secured in response to demand by local market, said the Cement company’s board of direct...

12 Dec 2006 International

Lack of lime delays production increases

One of the key reasons that delays the project to implement stepping-up of production at Garadagh Cement is failure to acquire a new limestone field, Gareth Babbs

12 Dec 2006 International

Brazil cement market on the up

The civil construction sector is boosting sales of cement in Brazil which this year should surpass 38Mt - thanks to increase of real state credit and more financing lines to ho...

12 Dec 2006 Corporate

Merrill ups emerging market infrastructure spending forecast

Infrastructure spending in emerging markets could exceed $1 trillion in the next three years, up from its previous estimate of $705 billion

12 Dec 2006 International

Turkey’s cement output up to 36.3Mt in Jan-Sept 2006

Turkey’s cement output increased to 36.21Mt in the first nine months of 2006 from 32.67Mt a year earlier, helped by a revival in the construction industry,

12 Dec 2006 Corporate

Groupe Bruxelles Lambert ups Lafarge stake to 15 per cent

Belgian holding Groupe Bruxelles Lambert has raised its stake in French cement giant Lafarge to 15 per cent, French market regulator AMF said in a statement.

12 Dec 2006 International

CRH announces selective APAC disposals

CRH plc, the international building materials group, announces good progress in integrating the operations of Ashland Paving and Construction (APAC) which was acquired by CRH’s ...

11 Dec 2006 International

Closing agreement between Buzzi Unicem and Sacci

Buzzi Unicem SpA and SACCI SpA implemented today the agreement they entered into on November 13, 2006.

11 Dec 2006 Corporate

Non-executive director resigns at Chia Hsin Cement

The board of directors of Chia Hsin Cement Greater China Holding Corporation announces that Mr CHANG Yung Ping, Johnny has resigned

11 Dec 2006 Corporate

Holcim Indonesia up sharply on laggard interest

PT Holcim Indonesia was sharply higher in mid-mornig trade

11 Dec 2006 Corporate

Taiwan Cement Nov parent sales 2.13 bln twd vs 2.54 bln

Taiwan Cement Corp (1101.TW) said its parent sales in November fell

11 Dec 2006 Corporate

Saurashtra Cement allots 1.52m shares against debt

Saurashtra Cement Ltd, Inida said it would allot 1.52 million shares at 73 rupees on conversion of debt

11 Dec 2006 International

Cement plan scrapped

Proposed 24-hour cement terminal for White Bay is withdrawn.

11 Dec 2006 International

Nirma scraps cement plans

After dilly-dallying for over two years, FMCG major Nirma has shelved its plans for a foray into the cement sector.

11 Dec 2006 International

Guatemala cement group to build new US$350m plant

Guatemalan cement maker Cementos Progreso said it plans to build a new US$350m cement plant with its Swiss partner Holcim to meet growing demand.

11 Dec 2006 Trading

Cement prices inching upwards in Andhra, India

With the month of December usually showing the marked increase in consumption levels in a year, retail cement prices are slowly moving upwards