China to further reform cement industry
China will continue to adjust its cement industry’s structure to ease overcapacity and achieve industry centralization, said the National Development and Reform Commission (N
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CIMA mulls cement assets sale to Vicat of France
State-owned Cement Industries of Malaysia, or CIMA, the country’s third largest cement producer, is reportedly considering the sale of 51 per cent of its cement assets to ...
Acquisitions, prices rises boost Holcim profits
Recent acquisitions and price increases helped Holcim to report a 75 per cent increase in net profit for 2005, beating market expectations and its rivals’ performance.
Loss-making cement firms rise in spite of growth
China’s cement industry experienced healthy growth in 2005 despite rising energy costs and lower prices due to more efficient labor. The number of loss-making companies, however...
Cement monopoly damaging Jamaica
The opposition Jamaica Labour Party (JLP) stated yesterday that a monopoly in the cement market is not in the interest of the Jamaican people.
Cement prices in Andhra at a new high
Cement prices in Andhra Pradesh are at a new high with the onset of summer, which usually sees hectic construction activity in the state.
Holcim plans merger with Stredoslovenska Cementaren
The largest cement producer in Slovakia, Holcim Slovensko, a.s, Rohoznik wants to merge with Stredoslovenska Cementaren, s.r.o. Banska Bystrica. Both companies deposited a draft...
FLSmidth seen posting 2005 profit
Danish engineering group FLSmidth, is seen returning to profit after growing demand for new cement capacity from North America, Africa and the Middle East eased competition and ...
Gresik posts US$100m net profit, Indonesia
State-run cement maker PT Semen Gresik posted a net profit of Rp936.314bn (US$100.8m) last year, up by 83.37 per cent from a year earlier.
GCC reports record fourth quarter results, Mexico
Mexico’s Grupo Cementos de Chihuahua (GCC) consolidated results for the fourth quarter and full year ended December 31, 2005.
Chinese Building Material giant raising US$149m in IPO
China National Building Material Group Corporation (CNBM), China’s largest building materials manufacturer, plans to raise about 1.2 billion yuan (US$149.1m) in the initia...
JK Cement fixes share offer price at Rs 148 per share
JK Cement Limited today announced the issue price of Rs 148 per share for its two crore equity shares of Rs 10 each.
Indocement proposes to refinance US$380m outstanding debt
Cement maker PT Indocement Tunggal Prakarsa said it is proposing to exit an existing master of facilities agreement (MFA) with creditors, which is regarded burdensome, by refina...
New order for ABB
ABB are a supplier of, and also responsible to engineer, the electrical and process control equipment throughout the new Holcim Setta
Firms to return growth, Malaysia
After a tough year battling problems like limited supply and going through a price war in 2005, cement companies in Malaysia look set for a more stable year ahead
Cement plant seeks more time to unload hazardous waste
Continental Cement has asked the Missouri Department of Natural Resources (DNR) for 10 days to unload hazardous waste from rail cars instead of being limited to three days as st...
Iran’s VP visits Syrian cement factory
Iran’s First Vice-President Parviz Dawoodi, who is in Syria to attend Iran-Syria High Committee, visited a cement plant near the city of Hama.
Judges weigh up cement complaint
The European Court of Justice is expected to deliver judgement in the next few months on a £54m development at a Flintshire cement works. Five judges are considering if EU laws ...
Cement works exceeding emissions
Two tyre-burning kilns at the Lafarge plant at Westbury have exceeded the permitted emission levels of hydrogen chloride and oxides of nitrogen, says the Environment Agency.
Cement lured to go off road, India
The Railway budget has brought some cheer for cement makers reeling under ever increasing road freight. Though the railway minister hasn’t tinkered with the rate classific...
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