H+H moves into Poland
H+H International is aiming to consolidate its position as Europe’s second largest producer of aerated concrete by signing a conditional agreement to acquire four aerated concre...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Cemex increases share offering
Mexico’s cement maker Cementos Mexicanos (Cemex) posted an increase of 3,993,000 securities in the global secondary share offering it made, as demand was oversubscribed.
Singapore’s Jurong Cement lower on H1 profit warning
Jurong Cement Ltd was sharply lower after it said it expects to report losses in the first half to September, citing operational difficulties in China, dealers said.
Semapa 1H Net Profit EUR21M Vs EUR136M
Cement company Semapa said its consolidated net profit was EUR21m in the first half of 2005, down from EUR136m in the same period the previous year.
Winter months point to higher freights
By the end of the week, while dry bulk markets have started marking a pause in the quite strong rise they’ve enjoyed over the last three weeks, players prepare themselves...
Mexican GCC To Expand in South America, USA
Mexican cement maker Grupo Cementos de Chihuahua (GCC) will expand operations in South America and the United States in a mid term, the investor relations director of the compan...
Greek cement firm Heracles’ H1 profit drops
Greek cement maker Heracles , majority owned by France’s Lafarge , reported on Thursday a 30.9 per cent drop in its first-half pretax profit to 28.4 million euros. "Favou...
Brazil BNDES Approves financing to Polimix
Brazilian National Social and Economic Development Bank (BNDES) approved financing of 75.4 mln Brazilian reais ($33.84m) to the local concrete producer Polimix Concreto Ltda. T...
Lithuanian pm looks to help local producer
Prime Minister Algirdas Brazauskas said on Thursday that the government should consider ways to assist Akmenes Cementas, the only Lithuanian cement manufacturer, in expanding it...
Paraguay’s new plan to privatise companies
Paraguay’s government has asked the International Monetary Fund (IMF) to extend the current economic agreement to give it time to negotiate a new deal that would include p...
JSX Reprimands Semen Cibinong over closure plan
President Director of the Jakarta Stock Exchange, Erry Firmansyah temporary suspended the trading of Semen Cibinong’s share on the (26/9) in order to force the management ...
TCEQ Approves TXI’s Permit Modification
Dallas-based Texas Industries, Inc. announced today that the Texas Commission on Environmental Quality (TCEQ) has approved a permit modification to adjust the usage of an air po...
Vietnam’s cement industry told to target exports
President Tran Duc Luong has asked the cement industry to become an exporter soon instead of being an importer as at present. Speaking at a meeting with officials of Vietnam C...
Spanish Prasa Buys Tunisian-Algerian Sotacib
Spanish property group Prasa has fully acquired Tunisian-Algerian white cement company Societe Tuniso-Algerienne de Ciment Blanc (Sotacib) for 97 mln Tunisian dinars ($72.4m), it
Chile cement sales up
Chilean cement sales increased to 7.7 million bags in August 2005, up 4.2 per cent year-on-year, the Chilean Chamber of Construction reported on September 27, 2005. Chilean cem...
Croatian Dalmacijacement plans worker lay-off
Croatian cement producer Dalmacijacement-RMC Group, controlled by Cemex, said on Wednesday it planned to lay off around 100 of its 700 workers under restructuring undertaken by ...
Dissolution of Cement JSC postponed
The winding up of Cement JSC has been postponed temporarily. The term for issue of certificate on dissolution registeration on the part of the Federal Tax Service (FTS) expired ...
Cemex Completes Secondary Share Offering
Mexican cement maker Cemex SA completed its secondary share offering Wednesday, raising about $1.53 billion, the Mexican Stock Exchange said. The exchange said in a press releas...
Cement prices seen leaping in 2006
Vietnamese cement prices are forecast to rise next year due to increasing prices of imported material, according to local reports. The import price of clinker has in the year to...
SEC approves Fortune Cement Merger
The Philippines’ Securities and Exchange Commission has approved the merger of Fortune Cement Corp and Continental Operating Corp., with Fortune Cement as the surviving en...
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