Dyckerhoff: 15 per cent cement price hike
Even with slumping sales, the German cement industry plans another round of price hikes, according to Financial Times Deutschland. Germany’s second-largest cement company,
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Activity levels down
In a market that lacks direction, the news coming from China is also playing on shipping players’ nerves. First the lobbying body of local steel makers, the CISA, announce...
Fujairah net profit surges, UAE
The net profit of UAE cement manufacturer Fujairah Cement Industries Company surged to 102.7m UAE dirhams ($27.9m) for the first nine months of 2005, up from 73.6m dirhams
Oman Cement Co Posts $35.35m net profit Jan-Sept 2005
Oman Cement Company (OCC) reported a 40 pct YoY increase in net profit to 13.61 mln Omani rials ($35.35m) for the first nine months of 2005, the company said in a statement to t...
Holcim Romania opens 10th environmentally friendly plant
Holcim Romania has opened its 10th environmentally friendly concrete plant, located in the western city of Timisoara following an investment of EUR1.5m.
Cement industry may grow at nine per cent
Cement industry is expected to grow at 8-9 per cent compounded annual growth rate (CAGR) in medium term, according to industry chamber Assocham.
Lafarge and Cemex terminate jv
Lafarge and Cemex announce that they have signed today a Letter of Intent to terminate their 50/50 joint venture in Readymix Asland (RMA) in Spain, and Betecna Betao Pronto (BET...
Italcementi Q3 results to rise as overseas ops offset weak Italy
Italcementi SpA is expected Friday to announce higher sales and results, with a strong performance from its overseas operations more than offsetting weak Italy operations, analy...
Eagle Materials manages two cement price increases in six months
In the six months to the end of September, Eagle Materials increased turnover by 36.1% to US$426.9m, helped by Illinois Cement Company now being a subsidiary rather than an asso...
St Lawrence profits from housing boom
A strong housing and construction sector helped boost St Lawrence Cement Group Inc’s profit and revenue in the third quarter. The cement producer reported yesterday it ear...
Semen Cibinong’s losses widen on currency woes, Indonesia
Publicly listed PT Semen Cibinong, the country’s third largest cement producer, posted a loss in the first nine months of this year due to the sharp depreciation of the ru...
Eagle Materials Inc reports record second quarter results, USA
Eagle Materials Inc. today reported financial results for the second quarter of fiscal 2006 ended September 30, 2005 and raised its annual earnings guidance.
Baltsem Decides Buy 0.37% of its shares, Ukraine
The Supervisory board of the Baltsem company (Balakliia, Kharkiv region), which is one of the three largest cement producers, at its October 25 meeting decided to buy 0.365% of ...
Martin Marietta reports accelerated price increases
Martin Marietta, the second largest US aggregates supplier, sold 139.7Mt (154.0mst) in the first nine months of 2005, an increase of 7.4%. Prices in the period improved by 7.8%,...
Magyar Cement Preparing Lawsuit Against Holcim, Hungary
Hungarian cement company Magyar Cement Kft Tuesday has reportedly said it is preparing a lawsuit against Switzerland’s Holcim Ltd. Magyar has claimed Holcim acted fraudule...
Sale of Southern Star closes, Colombia
Colombian cement maker Compaña de Cemento Argos SA has completed a $245m acquisition of Southern Star Concrete Inc.
Indian cement firms raise prices in western region
India’s top cement makers have announced a price increase of 5 rupees per bag in Mumbai and neighbouring markets, dealers said on Wednesday.
Lucky Cement impressive sales, Pakistan
During the year under review the performance of the company remained quite impressive as its sales and profitability were considerably on the higher side as compared to the prec...
CRH in further North American expansion
CRH is spending US$413m to considerably expand its heavy building materials businesses in the United States, including the debt being assumed, in three separate transactions.
CDM projects ’vital for Indonesia’
Environmentalists and economists welcomed the government’s move to establish the National Commission on the Clean Development Mechanism (CDM), a national authority to prom...
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