Chinese companies to establish cement plant in Abyan
Yemeni Assas company signed Wednesday with Chinese CMC and Hong Kong Mix More companies a partnership agreement to establish a cement plant in Abyan governorate
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Lafarge confirms it is also importing cement into SA
Lafarge disclosed on Thursday that the company was importing cement to meet a short-term supply squeeze, the first shipment of which it expected to receive before month end.
Pioneer Cement lays foundations for the future
Pioneer Cement LLC, a joint venture between India and Ras Al Khaimah producing 1Mt of cement was inaugurated yesterday by Shaikh Saud Bin Saqr Al Qasimi, Ras Al Khaimah Crown Pr...
Portugal Cimpor mulls wind parks construction in Northern Africa
Cimpor is in the process of studying participation in projects for the production of wind energy in Morocco and Tunisia
Akcansa nine-month 2006 net profit rises 49%
Turkish cement producer Akcansa booked a net profit of US$94m for the first nine months of 2006, up 49 per cent on the year
Bulgaria operations contribute to Italcementi nine-mo profit gain
The Bulgarian operations of cement major Italcementi have once again flattered the bottomline of the company as shown by its consolidated January-September financial report.
Egypt’s Torah Cement nine-month net up 36 per cent
Egypt’s Torah Portland Cement made a net profit of E£262.7m (US$45.9m) in the first nine months of 2006, 36 per cent up on the same 2005 period, the stock exchange said on...
PCA: housing drop contributes to lower forecast for cement
According to the most recent forecast from the Economic Research department at Portland Cement Association (PCA) although cement consumption is not projected to decline, only ma...
China’s Sinoma wins US$84m contract from Serebryanskiy Cement
China’s Sinoma International Engineering Co Ltd said it has signed an agreement with Russia’s Serebryanskiy cement plant to design
Siam City Cement 3Q Net THB988.5M Vs THB1.04B
Siam City Cement PCL, Thailand’s second-largest cement maker by capacity, Friday said its net profit for the third quarter dropped 4.9% on year as expenses rose in the wak...
Lafarge gets its best improvements from Eastern Europe
Lafarge’s turnover for the first nine months increased by 17.9% to EUR13,863m and the rose EBITDA by 23.5% to EUR2959m.
Lafarge confirms EPS growth target
Lafarge confirmed it aimed to lift annual earnings per share by 10 per cent on average out to 2008 after posting third-quarter results that beat expectations.
Vietnam producers request price adjustment
The Ministry of Construction and the Vietnam Cement Corporation have asked the government to increase cement prices as coal prices are about to increase.
Himachal targets 14Mta of production, India
Himachal Pradesh is aiming to produce 14Mt of cement every year soon in light of the fact that the area contains some of the best limestone mines India.
Athi River Mining profits up 20%
Athi River Mining has announced a 20 per cent increase in profits before tax and laid out its strategy to increase cement production.
Danareksa to join cement project in Central Java, Indonesia
State-owned trust company Danareksa has agreed to partly finance the construction of a Rp 4.5 trillion (about US$500m) cement plant
Rinker posts 12% HY profit rise
Rinker Group Ltd has delivered a 12 per cent rise in interim net profit amid a downturn in the US housing market, as it fights a $US12.8bn ($A16.8bn) takeover bid from Cemex.
Groupe Bruxelles Lambert ups lafarge stake to 13.2%
Belgian financial holding Groupe Bruxelles Lambert has increased its stake in Lafarge to 13.2% from 11.3% previously
Strong cement growth drives further expansion at PPC, South Africa
Sustained double digit growth in cement demand has resulted in the domestic industry reaching full capacity according to Pretoria Portland Cement Ltd (PPC)
Asia provides the main growth at Holcim
For the first nine months of 2006, Holcim increased turnover by 30.5% to SFr17,514m (EUR11,155m) with the EBITDA advancing by 28.2% to SFr4,489m (EUR2,859m).
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