Cementos Melon ranks first in sales Jan-Jul 2005, Chile
Chilean cement producer Cementos Melon ranked first in Chile in terms of cement sales with 802,593t for the period from January to July 2005, down 0.4% YoY.
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Officials to discuss removing US cement tariffs
The US and Mexican governments will hold meetings next week to discuss the increase in US imports of Mexican cement, according to local news reports.
Lafarge hit by lower cement prices in Brazil, Malaysia and Korea
On the previously announced 6.3% increase in turnover 5.7% to €7,220m for the first half, Lafarge’s EBITDA for the period fell by 3.7% to €1,291m. The trading profit decl...
Last chance for Cemex to curb Rugby pollution
Cemex last week received a final warning from government officials for pollution from its Rugby Cement plant. However, the Environment Agency (EA) gave the company the go-ahead ...
TPI to auction cement unit stake on Sept 22
Thai Petrochemical Industry Plc (TPI) will hold an auction to sell its 30 percent stake in cement maker TPI Polene on Sept 22, in a second attempt to raise money to repay debt, ...
Lafarge buys majority stake in Cementos Esfera
Lafarge has acquired an undisclosed majority stake in Spanish cement producer Cementos Esfera. The firm has confirmed that the operation, which was closed out on July 23, is in
Domestic cement production up 33% YoY, Argentina
Argentine production of Portland cement rose 32.8% in August compared to the same month last year due to the growth of the construction industry, according to a report from the ...
Cementos Melón with highest stake in the market
Cementos Melón, registered the highest stake in the Chilean market with a 35.4% share during the January-July period.
Cement plant expansion anticipates change in SA
The massive expansion on the cards for SA’s cement industry may appear a little ambitious, especially as cement sales growth rates are expected to taper off from this year...
Boral attractive, but near-term bid talk seen overdone
A run of takeovers among global building products groups could deter any near-term bid for Australia’s Boral Ltd, despite a sharp price spike on takeover speculation, fund...
Lafarge 1H net profit down
Lafarge said its first-half net profit fell by 18% to EUR359m on difficult market conditions in Brazil, Malaysia, Germany and South Korea.
Cemex reverts losses betting on rates
Rodrigo Treviño, Finance manager at Cemex S.A., had losses of US$467m two years ago, because of betting on an interest rate rise in the United Sates. Currently, the company is ...
Gahna: Court discharges General Manager of Diamond Cement
A Dzodze District Magistrate Court on Tuesday discharged Mr Chitti Babu, General Manager of Diamond Cement Ghana Limited (DCGL), who has been charged with three counts of
Unique floating cement factory docks in Qatar
A group of Qatari businessmen have found a unique solution to meet the severe shortfall of cement in the local market. They have brought in a floating cement factory which is no...
Kenya: Concrete roads could cause cement shortage
There is growing concern in the construction industry in East Africa that the adoption of cement in road construction will lead to shortages and price hikes.
Thailand: Second attempt planned to auction shares of cement affiliate
After a failed electronic auction of the shares of its cement and petrochemical subsidiary last month, Thai Petrochemical Industry (TPI) has decided to reopen the bid in a fresh...
India: Cement cos’ valuations scale new heights
With cement prices reaching new heights, valuations of cement companies have scaled new peaks on the bourses. While large profitable companies such as Associated Cement Companie...
Cement caravan fails to hit the pavement
When Albuquerque Mayor Martin Chavez announced in mid-August that he and Chihuahua, Mexico Mayor Juan Blanco had worked a deal to avert a cement shortage crisis in New Mexico, h...
Malaysia’s YTL Cement wins SC approval for loan stocks rights issue
YTL Cement Bhd said the Securities Commission has approved its proposed renounceable rights issue of up to 490.32m rgt nominal value of 10-year irredemable convertible secured l...
Cement waste site decision due
The factory can no longer dispose of waste at a disused quarry. A controversial scheme to dump waste in a new landfill site at a Flintshire cement works goes before councillors ...
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