Holcim H1 net seen up on acquisitions, prices
Holcim , the world’s second biggest cement maker, is set to report higher first half sales and earnings on Thursday as recent acquisitions and price increases more than of...
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Union at Giant Cement votes to go on strike
Union members at the US Giant Cement plant in South Carolina, shut down equipment, walked off the job Friday night and began picketing the site. Union members have been working ...
More cement factories expected in NWFP
Two parties have shown interest in setting up cement industries in the Indian Frontier province, sources in the directorate of mineral told Daily Times. One of the interested in...
Cement output up in July
Indian Cement production recorded a 0.77 per cent growth at 10.51Mt in July 2005, against 10.43Mt in the same month a year ago. Despatches also rose 1.17 per cent to 10.38Mt from
QNCC’s claim of cement supply false
Hamad Al Noeimi, head of Sales Section at Qatar National Cement Company has stated the there was currently no real cement shortage in the country, while the public affirm the co...
Cement producers ‘unjust profiteering’
Pakistani cement producers are indulging in “unjust profiteering” by providing cement on high prices without having any considerable increase in the production cost, said the Mi...
PCLA allocates profits to its investment fund
Shareholders of cement producer Povazska Cementaren, Ladce (PCLA) decided to allocate 89.4 per cent from its last year’s profit into its investment fund. From the total taxed pr...
Holcim Cesko buy-out bid
Holcim plans, which controls 96 per cent in its Czech unit Holcim Cesko, will launch a buyout bid for the remaining shares in the company, it was announced on August 16, 2005. ...
Union Bridge reduces emissions
Test results on emissions from Lehigh Cement Co. in Union Bridge show a reduction in toxic chemical emissions that are common to cement manufacturing. Toxic emissions dropped fr...
Federal agency to look at kilns’ health impact Midlothian
A petition by Midlothian, Texas, residents has prompted a federal agency under the Centers for Disease Control and Prevention to investigate whether to begin a study of possible...
Shui On to finalise investement details soon
Shui On Construction and Materials (Socam) chairman Vincent Lo Hong-sui says the company will finalise the details for a new investment by the end of this month. Speaking after...
Siam Cement names new president
The board of Siam Cement, Thailand’s largest industrial conglomerate, has, as expected, appointed Executive Vice President Kan Trakulhoon as its new president, replacing C...
EIB provides US$150m for greenfield plant
The European Investment Bank, the European Union’s long-term lending institution, has signed loan facilities totalling US$150m (EUR 123m) with Obajana Cement PLC, a subsidiary o...
All my ex’s live in Texas
Following the spinning off of Chaparral Steel Company to its shareholders, Texas Industries is left with its cement operations in Texas and California and aggregates businesses ...
Algeria cement imports show signs of decrease
Data published by the Algerian Customs Authorities show that during the first six months of 2005, the country imported 252,000t of cement from 11 states and from the European Un...
Saudi Southern Province cement H1 2005 net profit at $86.2m
Saudi cement producer Southern Province Cement (SPC) posted a net profit of SAR323.1m (US$86.2m) for the first half of 2005, up 14.1% YoY. Gross profit grew 13.4% YoY to SAR333....
Cementos Bío Bío acquires 100% of Tecnomix
Chilean cement company Cementos Bío Bío has acquired 100% of ready mix company Tecnomix in a CHP15.7bn (US$28.9m) deal.
Bangur name to adorn cement brand, India
After cement sold under the Birla name, it is time for the Bangurs to put their name on their own cement as well. The BG-HM Bangur group is planning to make inroads into the hig...
Listed cement sector companies’ profit growth to continue, Pakistan
The profitability growth of most of the listed cement sector companies is expected to continue in the fiscal year 2006 and fiscal year 2007 due to increasing demand, analysts say.
Third straight record year of cement consumption predicted, USA
Experts expect cement consumption this year to increase five percent over 2004 levels, making this the third straight year of record volume. Additionally, according to Portland ...
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