Senate rejects cement probe
The Jamaican yesterday rejected a private member’s motion brought by the Opposition to appoint a Joint Select Committee of Parliament to examine the cement crisis. The rej...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Savinsky Cement begins installing new filters
Savinsky Cement Mill (Eurocement Group) has begun installing a Swedish-made unique horizontal filter. The contract for the delivery of the filter was signed with France’s...
GCC foresees bigger exports
Mexico’s cement maker Grupo Cementos Chihuahua (GCC) estimates that, between April this year and March 2007, it would have exported 760,000t of cement, equal to a 15 per cent ri...
Guj Ambuja net surges on higher prices
More good news for the Indian cement sector as Gujarat Ambuja posted a more-than-double growth in its profitability for the quarter ended June 30. Riding on the back of higher ...
Local Banks Lend to Bim Son
Five local Vietnamese banks will jointly give a loan of VND3.4 trillion (US$213.8m) to the Bim Son Cement Company to build a new production line, according to the contract signe...
China’s output of cement in May 2006
China produced 109,093,400t of cement in May 2006. The output in January-May reached 429,265,700t, up 20.4 per cent year on year, according to the National Bureau of Statistics.
Thai majors to reflect downturn
Siam Cement and its rival Siam City Cement are both likely to report a decline in second-quarter net profit due to high oil prices and a slowdown in construction projects, analy...
Govt, Rajawali, Cemex sign Gresik deal
Indonesian conglomerate Rajawali Group will buy 24.9 per cent of PT Semen Gresik for US$337m under an agreement signed Monday. As expected, Rajawali is acquiring the stake from ...
Cemex 2Q results bolstered by domestic sales growth
Cemex is expected to post solid revenue gains in the second quarter, with domestic sales growth making up for some weakness in its US business.
Secil boosts Angolan sales
Sales from the Tecnosecil cement factory in the port city of Lobito, Angola, increased by 61 per cent last year to reach a value of Euro 13.4m due
Cape Verde weaker performance
Secil said that its performance in Cape Verde last year was rather weak due to sizeable losses
Titan Cement H1 pretax
Credit Suisse First Boston expects Greece’s Titan Cement to announce pretax profits of Euro 141m for the first half on sales of Euro 722m. Operating profits are seen at Eu...
Iranian exports plunge
According to “Tehran Times”, Iran exported some 121,000t of cement for a US$6.8m valuation in the first three months of the current Iranian year, down 10 per cent in value compa...
Lafarge’s Richmond Plant celebrates half a century
Cement from Lafarge’s Richmond, British Columbia, plant has been used to help build the greater Vancouver landscape for the past 50 years. As the company’s first pla...
Italian-Thai warns of poor Q3
Italian-Thai Development, one of the country’s biggest construction company, said yesterday that it expected a second-quarter net profit similar to the previous quarter&rs...
Lafarge: Black empowerment deal
Lafarge has announced a R1.1bn (EUR 120m) Broad-Based Economic Empowerment (BEE) deal, in line with the South African Government policy to transform the country, redress past ra...
Lafarge moves closer to Harleyville expansion
About 70 people gathered at the Harleyville Community Center Tuesday night for a public hearing organized by the S.C. Department of Health and Environmental Control, according t...
Buzzi Unicem raises cash
Buzzi Unicem raises Euro 17.3m by selling one million treasury shares shares to parent company Fimedi SpA. The shares, which were sold yesterday, had a book value of Euro 8.7m.
Gujarat Ambuja cements update
Gujarat Ambuja Cements Ltd., has announced the following business outlook to the Mumbai stock exchange:
Holcim New Zealand looks at new plant options
Holcim New Zealand has begun consulting Oamaru residents over its plans to consider building a US$200m cement plant near the suburb of Weston. "We are seeking resource consents ...
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