GCC set to spend on three new plants
Mexican cement firm Grupo Cementos de Chihuahua (GCC) is ready to invest US$250m in three new plants, one of which will be in the US while the other two will be in Ciudad Juárez...
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UK Bestway charts Pakistan success
Bestway Cement Pakistan, part of the Bestway Group of UK, reports increased sales and good progress on its new cement project in the Punjab.
Vicat posts higher 1H turnover
French building materials supplier Vicat posted a Euro 858.32m turnover for the first half of 2005, up 7.9 per cent year-on-year, it was reported on July 25, 2005. The company...
Lafarge India to add capacity in India
Lafarge India is planning to hike its production of portland slag cement (PSC) by 0.4Mta which would take its total installed capacity of PSC and fly-ash based portland pozzolon...
Domestic cement shipments fall, Japan
Domestic shipments of cement fell 3.5% to 57.56Mt in fiscal 2004, though the market share rankings of the top five players in the sector remained unchanged from the previous yea...
Cement plant pares plans to burn tires
After two years of reviews and revisions Lafarge North America has filed a new application with the state Department of Environmental Conservation to burn 4.8 million tires annu...
Italy Italsigma Plant Starts Working
The plant of Italian concrete admixtures producer Italsigma has started working at full capacity, the company said. Italsigma is a joint venture between Italian concrete admixtu...
CRH to buy Quester building materials chain
The Quester family signed an agreement to sell building materials retail chain Quester Baustoffhandel GmbH to Irish cement and construction materials group CRH on July 22, 2005....
IFC arranges US$105m for CCC upgrades
The International Finance Corporation (IFC) has arranged a US$105mn financial package for cement holding TCL Group to carry out modernization and expansion works at Jamaican sub...
Nordic investment bank to help fund Vietnamese cement plant
The Vietnamese government has permitted the Ministry of Finance to borrow EUR30m (US$36.4m) from the Nordic Investment Bank to build the Ha Long Cement Plant.
Gulf Cement Co first-half profit more than doubles
Gulf Cement Co said its half-year profit more than doubled to KWD18.4m (US$63m) from KWD7.6m in the same period of 2004.
Cement demand in south up 22% in Q1
After being in the dumps for long, the south is finally showing signs of a strong revival. Cement consumption in the southern region picked up momentum during the first quarter,...
Siam Cement 2Q net likely down Vs 1Q, Thailand
Siam Cement PCL, Thailand’s largest industrial conglomerate, is expected to report a sharp decline in second-quarter net profit from the previous quarter due to softening ...
Cemex Venezuela 1H Profit Up 65%, helped by government spending
The Venezuelan subsidiary of Cemex managed to increase its profit levels by 65% during the first six months of the year, as the Venezuelan government continued to increase spend...
GCC ups profits 34% in Q2
Mexican cement maker Grupo Cementos Chihuahua’s (GCC) second quarter net earnings jumped 33.5% to 238mn pesos (US$22.4m) thanks in part to higher operating profits, GCC executiv...
Australia’s Rinker may seek to buy Texas Industries’ construction unit
Rinker Corp Ltd may seek to buy Texas Industries Inc’s construction materials business when the US group splits its construction materials and steel-making operations on F...
Semen Gresik 1H Cement sales up
PT Semen Gresik said its cement sales in the first six months of this year rose 3.8 per cent to 7.56Mt, driven by an increase in domestic sales. Indonesia’s largest cemen...
Polish cement output drops
Cement production in Poland fell to 4.9Mt in the first half of 2005, from 5.3Mt in the first half of 2004, the country’s association of cement producers SPC said. The coun...
Cementos Molins completes stock split
Spanish cement company Cementos Molins has completed its 1:10 stock split, the company informed the Spanish securities regulator CNMV on July 21, 2005. Under the operation, the ...
New Laos cement factory nears completion
A project to build a cement factory with the capacity to produce 2500tpd is nearing completion. Work on the factory, located at Ban Nalaokham in the Mahasay district of Khammo...
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