India Cements cuts employee
Southern cement major, India Cements has further pared its employee strength by around 400 through the latest round of voluntary retirement scheme (VRS). "Ever since the company...
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Investment requirements of Russian cement sector
The investment requirements of the Russian cement industry are estimated at US$5.1-6.3bn. These funds need to be invested within the next four years in the maintenance and mode...
Chilean cement industry to grow in 2006
According Empresas Melon Corporate Affairs Manager, Ignacio del Rio, Chile’s cement industry “will grow at a 4.5%-5% rate over the next two years”. Empresas Melon is controlled ...
Buzzi Unicem turnover up in 2005
Italian cement and concrete manufacturer Buzzi Unicem SpA ended 2005 with a consolidated turnover of 2.95 bln euro, up 6.5 per cent year-on-year, the company said in a statement...
Namibia to sign agreement on cement plant
Executives from Cheetah Cement are expected to meet with the Minster of Lands and Resettlement, Hong Jerry Ekandjo, today for an agreement to construct a factory on a farm in Ot...
Cemenco blames unscrupulous dealers for price hike
The management of the Liberia Cement Corporation (CEMENCO) is appealing to the government of Liberia through the Ministry of Commerce to assist in controlling the price of cemen...
Cemex bullish on Colombia – price fixing claims denied
The Colombian unit of Mexico’s Cemex expects Colombian demand for cement from all suppliers this year to reach 8Mt, the record set 10 years ago, propelled by a constructio...
Jordan Cement profit up
The Jordan Cement Company has posted a 29 per cent rise in profit to $94.5m for 2005 on sales up 22% to $288m. The group is 40% owned by France’s Lafarge Group and is incr...
Lafarge 2005 sales up ten per cent
Lafarge posted a forecast-beating 10.6 per cent rise in 2005 sales on Monday, as buoyant construction markets lifted its cement, concrete and plaster revenues. Lafarge generate...
UAE Umm Al-Qaiwain cement industries net profit
The net profit of UAE cement manufacturer Umm al-Qaiwain Cement Industries Company jumped to AED172.5m (US$47m) in 2005 from AED85.9m (US$23.4m) in 2004, the company said.
Jordan Cement Company 2005 net profit up 28.7 per cent
Jordan Cement Company , Jordan’s only cement firm, reported net profits of JOD67m ($94.5m) in 2005 on Thursday, up 28.7 per cent from the previous year.
Vietnam to consume 31.5-32Mt of cement in 2006
Vietnam is predicted to consume 31.5-32Mt of cement this year, up 6.8-8.47% against last year, according to the Ministry of Planning and Investment.
Taiwan’s cement exports seen to rise substantially in 1H
Thanks to the growing demand from the mainland China market, Taiwan’s domestic cement industry is expected to see substantial growth in exports and a slight increase in do...
Cimpor buys Spain Aridos del Cantabrico for EUR 7.7m
Cimpor via its Spanish subsidiary Corporacion Noroeste de Hormigones Y Aridos, has acquired the entire stake of Spanish aggregate company Aridos del Cantabrico for a total EUR7....
CRH denies Uniland share purchase is ’unlawful and fraudulent’
CRH has categorically rejected the allegations by Spanish cement group Corporacion Uniland SA that its purchase of a 26.3 per cent shareholding in Uniland was ’unlawful an...
Lafarge N America to review offer
Lafarge North America Inc.’s board has appointed a special committee to review the proposed tender offer by majority shareholder Lafarge SA. The committee members are unaf...
China 2005 cement output up
China produced 1.048bn tonnes of cement in 2005, up 11.7 per cent year-on-year, it was reported on February 7, 2006. The sales revenue of Chinese cement makers totalled 260.84 ...
Saudi company to open plant in Jordan
Arabian Cement Company (ACC) said in late January 2006 it would launch a feasibility study on the possibility to set up a cement plant in Jordan. The project is to be carried o...
Castle’s help for green group
Castle Cement has donated the use of offices within its Ribblesdale site, on the edge of Clitheroe, to the Ribble Catchment Conservation Trus
Boral: profits down sales up
Boral of Australia reported a nine per cent decline in six-month net profit, but said it remains focused on expanding its US operations as earnings from its key domestic market...
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