CIMA receives fresh offer from Vicat, Malaysia
Cement Industries of Malaysia Bhd (CIMA) said it has received a fresh offer from French cement company VICAT to acquire stakes in its subsidiaries.
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Lafarge inaugurates its first cement grinding plant in Vietnam
Lafarge, which first moved into the Ho Chi Minh City region in 2001 with ready mix concrete operations, has just inaugurated its first cement grinding plant on the Long Tau rive...
Florida Rock 3Q profit rises 27 per cent
Florida Rock Industries Inc., provider of concrete and other materials for the construction industry, said Tuesday fiscal third-quarter profit increased 27 percent, as growth in...
Fujairah Cement reports net profit of $21.1m, UAE
The UAE based Fujairah Cement Industries Company made $21.1m in net profits for the first half of this year compared to $19.01m during the same period last year, KUNA reported.T...
Thai Siam Cement Q2 net down 13 per cent on costs
Siam Cement PCL (SCC) , Thailand’s top conglomerate, reported a larger-than-expected 13 percent fall in second-quarter earnings on Wednesday as high energy costs continued...
Ciments Français shows good first half growth
Ciments Français, which essentially covers the non-Italian operations of the Italcementi group, increased first half turnover by an underlying 16.4% to €2,156.9m. With an increa...
USG advances across the board
USG, which emerged out of its asbestos related bankruptcy proceedings last month, increased turnover by 23.5 per cent to US$3038m in the first six months of the year, with the t...
Vinacomin seeks to raise coal prices
A proposal to increase the Vietnamese domestic coal price is being considered by the relevant State agencies and economic experts, said Pham Trung Hung of the Vietnam National C...
Cement sales stable despite crisis
Despite the problems which surfaced earlier this year at Caribbean Cement Company, sales figures have not been significantly affected. Minister of State in the Ministry of Indus...
Two new cement plants planned
The Philippine Yuchengco group of companies and businessman Eduardo Cojuangco Jr. are putting up separate cement factories with a minimum investment cost of P1 billion each. Ind...
Lafarge set to gain in Malaysia
Lafarge Malayan Cement Bhd, has been singled out by AmResearch in a report released yesterday. With its 44 per cent market share, Lafarge was also the leader in the domestic ce...
Titan to invest in Albania
Titan Cement plans to start a US$200m cement and clinker factory construction in Albania, it was reported on July 24, 2006. The project will also be co-financed by the European...
Kien Giang produces 1.86Mt of cement
The southern province of Kien Giang has produced 1.86Mt of cement so far this year, earning VND1.4 trillion (US$88m) in revenue, says the provincial industry department. Ha Tie...
JP Morgan to help finance Gresik acquisition
JP Morgan has agreed to provide a loan to the Rajawali Group to help finance its acquisition of 24.9 per cent stake of Cemex in state cement maker PT Semen Gresik, a report said...
Vietnam to end cement imports by 2009
Vietnam will not have to import cement for domestic consumption by 2009, the Vietnam Cement Association said. Deputy Minister of Construction Tong Van Nga said that the national...
Chinese bank loans $97m
The Industrial and Commercial Bank of China (ICBC) will provide a credit package worth US$97m to the Tay Ninh Cement Plant, according to the agreement signed July 24 between the...
Taiwanese expect profit decline in China
Taiwan’s cement makers with operations in mainland China will see their profits for the year drop 10 per cent from their projections made in the beginning of this year, because ...
Problems over tyres in Cemex’s Fairborn kiln
Two US environmental organizations recently launched a campaign to urge cement producer Cemex Inc. to trash its
Nigerian cement war affecting prices
A fight among the cement industry’s major stakeholders over bulk cement import allocations has forced government to cancel the importation of some 2.5Mt of cement, and may have ...
Indonesia’s cement sales fall
The country’s cement sales dropped 4.1 per cent to 14.46Mt in the first half of 2006 from 15.08Mt in the same period last year. Data from the association of cement produce...
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