Cement industry news

13 Apr 2006 International

Carib Cement to slash fuel costs

Caribbean Cement Company Limited’s (Carib Cement) shift from liquid fuel to solid fuel will allow it to produce cement at a cheaper cost two years from now.

13 Apr 2006 International

ACC reports on merger gains

Indian cement maker ACC, said first-quarter net profit rose 42% due to its merger with two of its own units and higher cement prices. Net profit rose to 2.35 billion rupees ($52...

12 Apr 2006 Corporate

Shui On and Lafarge inject more cash

Hong Kong-listed Shui On Construction & Materials and Lafarge injected a further HK$155.2m (approcx US$25m) in cash into the companies’ Chinese cement joint venture, Shui ...

12 Apr 2006 Corporate

TPI: further reduction in outstanding debt

The Central Bankruptcy Court will rule on April 26 whether the petrochemical and cement giant should be removed from the restructuring process as requested by its plan administr...

12 Apr 2006 Corporate

Republic Cement profit climb

Philippine producer Republic Cement Corp said its net profit for last year reached 909.3 million pesos, 14 per cent more than the 798.0 million pesos in made in 2004, aided by h...

12 Apr 2006 Environmental

Cemex develops new concrete

Cemex has presented a new water-permeable concrete called Acuicreto, which allows water to filter through to urban aquifers, local press reported.

12 Apr 2006 International

President supports cement plans

At the meeting with heads of departments of the administration the President Kurmanbek Bakiyev has reiterated his support concerning the recent decision of the government on the...

12 Apr 2006 Trading

CeMAP wants more protection

Philippine cement manufacturers have asked the government to protect them against technical smuggling, following the Trade department’s decision last March 14

12 Apr 2006 International

Ash Grove and Enron

Montana Attorney General Mike McGrath on Monday criticized a proposed settlement reached by the staff of the Federal Energy Regulatory Commission and Enron Corp over allegations...

12 Apr 2006 International

Lucka boosts sales

Former cement producer Cementaren Lietavska Lucka (CLL) reported sales of its own products and services at SKK 188.8m last year.

12 Apr 2006 International

Ancap analyses cooperation options

Uruguay’s state-owned oil company Ancap is analysing several options for association with private companies, including Argentina’s largest cement maker Loma Negra

12 Apr 2006 Trading

Cement prices in South Africa

South Africans apparently not only pay among the highest prices for steel in the world, but also for cement. The market leader in this sector, cash cow PPC, says prices are just...

12 Apr 2006 International

Podilskyi Tsement increases cement production

In March, the Podilskyi Tsement cement company (Kamianets-Podilskyi, Khmelnytskyi region), which is one of the three largest producers of cement in Ukraine, increased cement pro...

12 Apr 2006 Environmental

Castle blames planners for £100k pollution fine

Bungling planners cost Castle Cement a UK£100,000 fine after magistrates found it guilty of pollution in north Wales, the company claimed last week.

12 Apr 2006 International

Lafarge to look at more opportunities in India

After a gap of almost five years, Lafarge India, a subsidiary of the Paris-based Lafarge Group, is once again on the prowl. The company has started talking to a few Indian cemen...

12 Apr 2006 Corporate

Prosperity heads for AIM

Prosperity Minerals, controlled by David Wong, the Hong Kong-based entrepreneur, is thought to be at an advanced stage with its AIM flotation plans.

12 Apr 2006 Corporate

Italcementi wants to increase ownership in Goltas

Italcementi is interested in increasing its stake the Turkish cement company Goltas, according to local reports.

12 Apr 2006 International

Uzbekistan to sell cement unit

The state commission for conducting tenders on the sale of the state assets to the foreign investors announced open tender for the sale of a 26 per cent share of joint venture c...

12 Apr 2006 International

Sverdlovsk region to build cement plants

Governor of Sverdlovsk region, Russia, Eduard Rossel held a session where an issue was considered of building cement plants in the region.

12 Apr 2006 International

Southern Africa cement sales rise

Cement sales in southern Africa rose 18.3 per cent year-on-year to 1.18Mt in March. Sales of cement in the Southern African Customs Union during the first three months of 2006 w...