Cement Consumption in Spain at record high
Cement consumption in Spain rose by 5.2 per cent year-on-year to an all-time high 50.4Mt in 2005, the Spanish cement makers association Oficemen said on January 24, 2006. Cement...
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UAE National Cement Co profits rise
UAE Dubai-based National Cement Company reported a net profit of 249.8 mln UAE dirhams (US$68m) in 2005, up from 113 mln dirhams ($30.8m) in 2004, it was reported on January 25,...
Indonesia 2005 cement consumption
Domestic cement consumption grew 5 per cent to 31.51Mt in 2005 from 30.04Mt a year earlier, the Indonesian Cement Association (ASI) said. Cement exports also rose 11.6 per cent ...
Credit Suisse cuts Semapa voting rights
Credit Suisse International reduced its holding in cement and paper maker Semapa SGPS to 23,095,800 shares, equal to 19.52 per cent of capital and 19.98 per cent of voting right...
Russian cement prices
Cement producer prices (Euros for tonne), year 2005: January Euro 28.54; March 26.54; June 38.75; October Euro 42.23.
Lafarge tyre protest Seattle
South Seattle community members were united at a public hearing Tuesday night over concerns about plans to allow a cement company to burn whole tyres in its kiln on a trial basi...
Exane ups Lafarge to "outperform"
Exane BNP Paribas on Thursday raised its rating for Lafarge , the world’s biggest cement maker, to "outperform" from "neutral", citing savings from an expected restructuri...
Orascom invests in Turkey
Orascom Construction Industries announced that it has completed the acquisition of an integrated cement plant in Eastern Turkey near the City of Van for a total consideration of...
Construction begins on Cambodia cement plant
Construction began Thursday on Cambodia’s largest cement factory, a US$82m project aimed at tapping into a growing construction market in the impoverished Southeast Asian ...
Ciments Francais higher as Exane raises target
Shares in Ciments Francais rose as Exane BNP Paribas increased its target price on the cement company to Euro 125 and reiterated an ’Outperform’ rating, dealers said...
Eagle Materials announces strong profit growth
The US building materials producer Eagle Materials has announced 37.8 per cent increase in turnover to US$638.1m for the nine months to the end of December, with the trading pro...
US activists to testify against cement kiln pollution
Activists from across the country have gathered to protest the Environmental Protection Agency’s refusal to set limits
Indonesia: growth to ease in 2006
Indonesia’s domestic cement plants are expected increase production and exports this year but their growth will probably slow to under 10 per cent, a senior official said ...
PPC cements rise in headline earnings per share share
PPC, SA’s largest cement maker, expects a 40-60 per cent jump in interim headline earnings a share on the back of better-than-expected sales and a reduced tax bill. The company,...
Major shipment of cement due to arrive in Antigua
A shipment of 1200t of cement for the local market and the construction of the Sir Vivian Richards Cricket Stadium at North Sound will arrive in Antigua and Barbuda on Wednesday...
Anhui Conch improves share compensation
China’s Anhui Conch Cement Co said it is raising its compensation offer to public shareholders to 15 yuan in cash -- or 2.55 bonus shares -- per 10 tradable shares, in its...
Mexican cement stocks sluggish
Despite the news that the US will eliminate antidumping tariffs on cement imports from Mexico, the stock price of the main exporters, Cemex and Grupo Cementos de Chihuahua have ...
India Cements Q3 net up
India Cements Ltd has posted a net profit of Rs 7.22 crore on sales of 411.87 crore for the quarter ended December 31, 2005 compared to a loss of Rs 33.31 crore on sales of Rs 3...
Sekhsaria takes over as ACC chairman
The board of Associated Cement Companies (ACC) has undergone a major reshuffle. The ACC board on Tuesday appointed NS Sekhsaria, the current deputy chairman and one of the
Podilsky Cement gets approval for new quarries
Ukraine’s antitrust regulator AMCU gave green light to the Podilsky Cement plant to buy stakes of over 50 per cent in the Behivsky and Popilnyansky crushed stone quarries....
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