Cement industry news

11 Oct 2006 Corporate

Yonica (BVI) sales for 1H 2006

As stated in the interim report of the Yonica (BVI) Group (a holding company with 80 per cent interest in Jiangsu Union Cement Co, Ltd),

11 Oct 2006 Environmental

Cutting emissions a big task

The legislation California enacted last month to seize for itself a leading role in the fight

11 Oct 2006 International

Lafarge intends to build big cement plant in Russia

Lafarge has stated intention to build a 1.2-1.8Mt cement plant in the Rostov region of Russia.

11 Oct 2006 International

St Lawrence Cement Group Inc - Board of Directors Change

St. Lawrence Cement Group confirmed that Mr. Pierre Marc Johnson has resigned from the Company’s Board of Directors.

11 Oct 2006 International

CRH to purchase cement plant in northeast China

CRH said yesterday it had agreed to buy a cement plant in Harbin in northeast China.

10 Oct 2006 Freight Markets

Some differing trends noted in early October

Some volatility in the markets this week with the different segments showing some differing trends. It seems that forward positions taken on derivatives are partly involved in ...

10 Oct 2006 International

Lafarge expands Aggregate business in Chicago market

Lafarge has announced that it has completed the purchase of Western Sand and Gravel, Inc.; Aux Sable Stone, LLC; Utica Stone, Inc.; and Conco Western Stone, Inc.

10 Oct 2006 Trading

Rain show reinforces Indian cement stocks

Following the surge in the markets, there are apprehensions if the rally was sustainable due to pricey valuations. However, cement sector seems to be exempted from the uneasines...

10 Oct 2006 International

An international bid for building the second line for Quena cement

The envelope opening of the international bid to establish the second line for Quena cement which was bided for 7 international companies to produce 1.7Mt of clinker cement

10 Oct 2006 Corporate

Egypt’s National Cement year net profit up 52 per cent

Egypt’s National Cement reported a 52 per cent rise in net profit to 304m Egyptian pounds

10 Oct 2006 Corporate

Saudi Qassim Cement Q3 net profit up 11.3 per cent

Saudi Qassim Cement Co. posted a net profit of 86m riyals

10 Oct 2006 International

Orascom Construction Inds, SAE New JV in Spain

OCI acquires 50 per cent stake in largest independent aggregates and ready-mix concrete producer in Spain

10 Oct 2006 International

Greece’s Titan plans to build Cement plant in Albania

Greek building materials producer Titan plans to build a cement plant in Albania, a company official said on Monday.

10 Oct 2006 Corporate

Saudi Yamamah Cement Q3 net up eight per cent, below forecast

Yamamah Cement Co, Saudi Arabia’s largest cement maker, posted a net profit of 145.9m riyals (US$$38.9m) in the third quarter,

10 Oct 2006 Recent Orders

BHEL bags two contracts

BHEL secures an order worth Rs53 crore from Jayaprakash Associates for supply of pressure parts for two boilers

10 Oct 2006 International

Holcim Indonesia to sell cement retailing unit

The country’s third largest cement producer PT Holcim Indonesia said it will sell its cement retailing subsidiary PT Wahana Transtama.

10 Oct 2006 Corporate

China’s Jidong Cement sees 9 months net profit up 50-100 per cent YoY

Tangshan Jidong Cement Co Ltd) said in a statement filed with the Shenzhen stock exchange

10 Oct 2006 Recent Orders

Elecon Engineering gets 367.5mrupee order

Elecon Engineering Co. Ltd. said on Tuesday it had obtained

10 Oct 2006 Environmental

Castle Cement improves production and reduces emissions with new £64m kiln at Padeswood

Castle Cement, which produces around 25 per cent of the UK’s cement,

10 Oct 2006 International

UAE cement industry entering transitional phase

The cement industry in the UAE is entering a transitional phase that will position the country amongst the highest producers and consumers of cement in the MENA region.