Yanbu Cement to triple its dividends, Saudi Arabia
Yanbu Cement Co announced yesterday that it will triple its dividends for the second half of 2005. The company will pay SR15/share in dividends for the second half, following a ...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
Holcim open offer for Guj Ambuja rescheduled, India
Holcim’s open offer, to acquire 20 per cent stake from the shareholders of Gujarat Ambuja Cements (GACL), has been rescheduled for later this week. The offer, at Rs 90.64 per sh...
Workers at Nevada Cement reject contract offer
While their contract expired at midnight Friday, the workers have no immediate plans to strike, union officials said. Ninety workers at the company belong to either Laborers&rsq...
Cyprus piles up pollution credit
THE Electrical Authority of Cyprus (EAC) has produced several hundred thousand tonnes of carbon dioxide less than its 400,000t allowance and so it may now sell back the “polluti...
Doha Bank launches zero per cent IPO loan
Doha Bank has launched the Zero per cent IPO loan for the forthcoming Gulf Cement Company’s maiden public issue. The IPO loan is available to Qatari nationals applying for the G...
Contractors demand control of cement prices
The Indian Builders and Contractors Association, on Sunday, demanded the government to control the prices of cement and steel. The Association members, who met here on Sunday, d...
Ashaka Cement raises turnover by N3.2bn
Nigeria’s Askaka Cement Company Plc raised turnover by N3.2 billion from N12.6 billion in a comparable period of 2.4 to N15.8 billion for the year ended December 31th 2005. The ...
Carib Cement says its prepared for lawsuits
Caribbean Cement Company Limited says it has coverage in place in the event that it’s slapped with lawsuits arising from its recent product recall. A statement from its pa...
Importers want full removal of cement tariff
Jamacian importers are preparing to lobby the Government for a full removal of the tariff on cement. It’s reported that cement importers want the remaining 15 per cent dut...
Buzzi Unicem Elects Pavilion Technologies to Increase Operating Efficiency
Pavilion Technologies, a world leader in model-based software, today announced an implementation agreement with Buzzi Unicem, an Italian cement company and the world’s lar...
Ambuja Cement Eastern’s managing director resigns
Ambuja Cement Eastern Ltd. said its managing director, Harshavardhan Neotia, had resigned and will act as an additional director. The company also said on Monday its board had a...
Lafarge to participate in Mexican grey-cement market
Lafarge is to participate in the Mexican grey-cement market from late April. The company is to start operations in its Hidalgo plant, which demanded an investment of US$121m. Th...
Saudi Cement Co net profit rises
Saudi Cement Company (SCC) posted a net profit of 484.3 mln Saudi riyals ($129.1m) for 2005, up from 437.5 mln riyals ($116.6m) a year ago. The increase was supported by a rise...
ST St. Lawrence makes peace
St. Lawrence Cement Group Inc. has settled two New Jersey state court cases involving the company’s GranCem grinding facility in Camden, N.J. The cases centred on claims b...
Cemex to increase cement production in the UAE
Cemex announced today that it intends to begin construction of a new grinding facility for cement and slag in Dubai, United Arab Emirates, in order to help meet increased local ...
Holcim Indonesia to build new cement plant in Tuban
Holcim Indonesia Tbk, formerly PT Semen Cibinong, plans to set up a new plant in Tuban, East Java, with an investment of about US$300m, the company’s president director, T...
Cimpor to sell Nova Cimangola stake
Cimentos de Portugal SGPS announced that it agreed to sell its stake in Angolan cement maker Nova Cimangola SA to the Angolan government or Angolan investors designated by the g...
Carbon Credits to float?
Carbon Credits International is expected to float onto the UK AIM market within the next two months at around 45p and some analysts believe the company has potential to offer si...
Krasnoyarsk Cement overhauls equipment
As part of the preparations for the new construction season, Krasnoyarsk Cement Ltd. conducted the overhaul of the production equipment. It finished overhaul of the fourth kiln ...
Cement coming from Colombia already sold out
Amid a severe shortage on the market in Guyana, a Colombian exporter of local rice was able to source cement from his native country for Guyana, but over 1900 slings which are e...
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
