Bamburi profits soar, Kenya
Bamburi Cement announced its half year group results with a 22 per cent growth in operating profit from Sh1.6bn to Sh1.9bn during the past six months. Turnover for the year r...
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New CEO for Heracles Cement, Greece
Management of Athens-quoted Heracles General Cement Co said on Wednesday that a new managing director was in place.
More cement to fill weekly demand, Jamaica
Another 20,000t of cement is expected to arrive to Jamaica this week. The supply which is being imported by Caribbean Cement Company is expected to help meet the country’...
Gresik to issue bonds to finance new plant, Indonesia
Publicly listed cement maker PT Semen Gresik is planning to issue bonds in the second semester of 2007 to finance construction of a Rp3-trillion cement plant in Java, a company ...
Austrian Asamer Holding offer for Bosnian cement plant
ALAS International, a subsidiary of Austrian building materials producer Asamer Holding, on Tuesday made a buyout offer on the Sarajevo Stock Exchange to acquire 100 per cent of...
Cementir spends US$110m on Oyak works, Turkey
Cementir is acquiring the Elazig cement works in eastern Anatolia from the Turkish army pension fund Oyak for US$110m. Assuming clearance by the Turkish competition authorities...
CRH invests in cement joint venture in Florida
CRH plc, the international building materials group, announces that its US subsidiary, Oldcastle Materials, Inc., has taken a 50% equity stake in American Cement Company, LLC (A...
Date set for cement firm inquiry, UK
A public inquiry is to be held into a cement firm’s plans to build a new site to dispose of its waste. Flintshire Council last year rejected plans by Castle Cement to bury...
Lafarge H1 net profit jumps 53 pct on strong organic growth
Lafarge said net profit jumped a greater-than-expected 53 per cent to EUR548m in the first half from EUR359m a year earlier, lifted by ’strong organic growth’, espec...
Lawrence swings to profit on higher prices
St. Lawrence Cement Group Inc. swung to a second-quarter profit on Tuesday, as a lower Canadian income tax rate and higher selling prices for construction materials helped offse...
Argos expects to recover US$700mn US investment in 5-6yrs
Colombia’s dominant cement company Argos expects to recover within five-six years its investments from the three companies it acquired in the US, even though it has alread...
Merger between FLSmidth and Potagua FLS
On 1 August, the Boards of Directors of FLSmidth & Co and Potagua FLS A/S ("Potagua FLS") have made a final decision to carry out a taxable merger between the two companies, FLS...
Egyptian Torah Cement net profit jumps to $31.4 Mln H1 2006
Egyptian Torah Cement registered a net profit jump to E£180.4m (US$31.4m) in the first half of 2006, from E£70.5m (US$12.3m) in the year-ago period, Cairo and Alexandria Stock E...
Strawberry pickers trigger higher cement demand
Romanian workers (including strawberry pickers) in Spain or Italy who returned to Romania in the first half of the year brought about a 20 per cent growth in cement sales of Car...
Collision course in Adelaide
Poor planning decisions are setting the scene for conflicts between residents and businesses placed too close together, the state’s Chamber of Mines and Energy says. The N...
Cement plants blamed for higher mercury pollution
The US Environmental Protection Agency (EPA) has reported that, across the country, cement kilns are responsible for thousands of pounds of mercury pollution each year. Despite ...
JK Cement powers ahead
JK Cement Ltd, one of the leading cement players in India, has two plants at Nimbahera and Mangrol with an aggregate installed capacity of 4.0Mta and is one of the top five prod...
Pakistan cement price
Accepting the appeals of 18 cement factories, the Lahore High Court on Monday set aside a decision of the Monopoly Control Authority (MCA) to break the cartel and lower the pric...
Cimpor gives priority to acquisitions in China
Cimpor is looking at acquisitions of factories in China, a market which it considers to be a priority for its international expansion, due to its high growth rates, the company ...
Qatar National Cement profits down
Qatar National Cement Company (QNCC ) registered a net profit of 88.09 mln Qatari rials (US$24.2m) for the first half of 2006, down from 90.64 mln rials (US$24.9m) in the corres...
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