Guimaras sludge to fuel cement plant
The oil sludge recovered from the beaches of Guimaras Island, Philippines will be used as fuel to manufacture cement, Defense Secretary Avelino Cruz Jr. said Thursday. On Sunday...
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Obajana Cement on target
The multi-million dollar Obajana Cement Company on completion is expected to create 10,000 new jobs, Alhaji Aliko Dangote, Group Chairman, Dangote Industries Limited said yester...
Philippine association cries foul
The Cement Manufacturers Association of the Philippines (CEMAP) warned local cement industry and their distributors, particularly in Southern Mindanao area, on the possible entr...
Gaddafi lays foundation stone for new plant
The Leader of the Libyan Revolution, Colonel Gaddafi, laid down the foundation-stone for projects to develop and increase productivity of a number of factories of the Libyan Cem...
Spanish housing boom near peak?
The Bank of Spain calculates housing prices, after five years of double-digit increases, are overvalued by about 30 per cent. Empty homes around the country suggest the market i...
Carib Cement selling less
Sales volume at Caribbean Cement Company Limited since the start of the year has declined when compared to 2005. The company is reporting that year-to-date sales have amounted t...
Annual cement production to increase by 3Mta
Based on the Iranian government plans, the nation’s cement production will increase by 3Mta. So far, licenses have been issued for the building of a number of the cement product...
Rising cement prices hit hard on low earners
Low-income earners are ever more finding it hard to own a home, thanks to the ever rising prices of construction materials, especially Portland cement. Speaking to The Guardian ...
Harleyville set to grow
A US$291 million expansion and upgrade of the Lafarge North America cement plant near Harleyville represents the largest single capital investment in Dorchester County history, ...
Heracles reports H1 profit increase
Athens-quoted Aget Heracles SA on Wednesday announced group sales of Euro 329.5m for the first half of 2006, up 14.8 per cent against the same period of 2005. The parent compa...
New Iranian plant scheduled to open
According to “Tehran Times”, the largest ever gray cement plant of the nation is projected to come on stream in the second half of the current Iranian year (some time after Sept...
Sagar Cements plans offer
The board of directors of Sagar Cements Ltd, India, at its meeting on Wednesday decided to issue 18,50,000 convertible warrants of Rs 82 each on a preferential basis to identifi...
Bim Son to auction shares
The Bim Son Cement Joint Stock Company, Vietnam, is to float 14 million shares at the HCM City Securities Trading Centre on September 20, the company announced.
GCC receives $250m syndicated loan
Mexican cement maker Grupo Cementos de Chihuahua (GCC) received a syndicated loan for US$250m from a group of national and international banks, the company said on August 30, 2006.
Cimpor ahead despite Portuguese profit decline
Cimpor’s first half turnover increased by 11.2% to €824.4m, with the EBITDA increasing by 8.7% to €279.4m in spite of a notable increase in energy costs and a very weak Po...
Some nervousness lower down the scale
The lower financial results of some owners have progressively disclosed in their half-year reports and the correction recorded recently on the freight market have failed to damp...
Creaton anticipates stable profits on higher sales
The leading German clay roof tile producer Creaton has increased first half turnover by 15.0% to €62.6m, with domestic sales advancing by 13% to €45.0m and exports and Hungarian...
Holcim under review
Holcim reported good H1 06 results on 24/08/2006 in line with consensus expectations. Analysts at Exane BNP Paribas have slightly adjusted its FY results. Guidance for 2006 alre...
Iran to construct cement factory in Iraq
Iran Ministry of Industry and Mine’s international affairs chief announced that in the case Iranian and Iraqi officials reached agreement and a one billion dollar credit w...
Omani Raysut Cement Co records higher sales
Oman’s Raysut Cement Co registered a 78 per cent year-on-year surge in sales to 24.29 mln Omani rials ($63.1 mln/49.4 mln euro) in the first half of 2006, it was reported ...
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