New Lafarge research centre opens
Lafarge has unveiled a research centre in Staffordshire. The technical laboratory, based at its Cauldon production centre, will replace its former laboratory in Kent. The UK£2m ...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Siam Cement profit to rebound on prices
Siam Cement Plc, 30 percent-owned by the Thai royal family, said profit in the third quarter may rise for the first time in five periods as record petrochemical product margins ...
JK Lakshmi Cement can give shareholders good returns
Jigar Shah of KR Choksey Securities is of the view that JK Lakshmi Cement can give 40-50% appreciation in a year. Shah told CNBC-TV18, “If one looks at Q1 numbers, cement has b...
Higher imports required in Jamaica
The Hardware Merchants Association (HMA) has added its voice to that of the Incorporated Master Builders Association in calling for urgent measures to ease the cement shortage b...
Yanbu Cement to pay higher dividends
Saudi cement producer, Yanbu Cement Company (YCC), will pay a cash dividend of 52.5 mln Saudi riyals (US$14m) for the first half of 2006, the company said on August 10, 2006. Th...
Kuwaiti-Jordanian Holding investments
Kuwaiti-Jordanian Holding Company (KJHC) has started investing in Jordan by establishing a US$250m new cement factory, said the company’’s CEO Reem Badran. KJHC&rsqu...
Madras Cements on expansion mode
Madras Cement, India, expects a healthy balance sheet for the year given the surging demand for cement and the increase in prices, according to its Executive Director - Finance,...
Siam City seeks higher prices to combat costs
Siam City Cement PCL (SCCC), Thailand’s second-biggest cement maker, said on Friday its 2006 net profit would be lower than the 4 billion baht (US$107m) earned in 2005 as ...
Lafarge quizzed over its high Kenyan involvement
Kenya’s Trade and Industry Minister Mukhisa Kituyi has said the government was uncomfortable with Lafarge’s dominance in the domestic cement and that it wanted more...
Spain Bipadosa raises stake in Cimpor, Portugal
Spanish company Bipadosa has raised its stake in Portuguese cement company Cimpor - Cimentos de Poertugal SGPS to 2.326 pct of the share capital, and 2.336 pct of the voting rig...
US Concrete 2Q profit climbs
US Concrete Inc posted a 19 per cent jump in profit, but results missed Wall Street’s forecast, and shares of the cement and concrete maker sank in morning trading.
Talks due over ownership of Portland
Major shareholders of East African Portland Cement Company are set to discuss its controversial ownership tomorrow.
Russia’s Eurocement to sell 25% of cement output on exchange Sep
Russia’s largest cement producer Eurocement plans to sell 500,000t of cement, or 25% of its total output, on the Moscow Stock Exchange (MSE) in September, Russian business...
Ultratech Cement shuts plants due to rains, India
Ultratech Cement Ltd said it has stopped operations at its 0.70Mta grinding unit at Surat in India’s flood-hit western Gujarat state.
PCA Summer Forecast Revises 2006 growth targets
Although a slowdown of the US economy is expected, experts predict cement consumption this year to reach 129.6Mst, an increase of 2.3 percent compared to 2005 levels, extending ...
HeidelbergCement in second 2Mt Russian venture
Coming just over a month after the announcement of the Volsk joint venture, HeidelbergCement is announcing the building of a second new Russian 2Mta works.
Pavilion Technologies Awarded Fifteen New Patents
Pavilion Technologies, a world leader in model-based software, today announced that it has been awarded fifteen new patents for innovations in the field of modelling, optimisati...
First Wallboard Manufacturer to Partner with GRA
USG was the first wallboard manufacturer to contract with GRA’s parent company, Gypsum Recycling International, to purchase reprocessed gypsum for the production of new wa...
Dalmia Cement update
During the most recent quarter, dalmia Cement has witnessed a 369.03 per cent rise in profits from Rs107.20m to Rs502.80m. Sales for the quarter rose 55.37 per cent to Rs2077m c...
Oman Cement net rises
Oman Cement Company 51 per cent owned by the Sultanate government, yesterday reported a 26.1 per cent rise in net profit to RO9.752 million during the first half year period end...
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