Siberian Cement news
In the first half of 2005, Siberian Cement Holdings produced 1.4Mt of cement, the company’s President Andrey Muraviev said. In total, the official was quoted as saying tha...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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New cement popular in Jamaica
Jamaican cement maker Caribbean Cement’s (CCC) newly created Carib Cement Plus already accounts for 74 per cent of company production, The Jamaica Observer quoted CCC gene...
Farmer fails in bid to challenge waste burn
A UK farm-owner failed in a High Court challenge to plans to burn animal waste at a cement works. She claims that if the scheme goes ahead it will blight her home and contamina...
CSN steps into cement market
The proposed new business of Brazilian entrepreneur Benjamin Steinbruch, majority shareholder and chairman of steelmaker CSN (Companhia Siderurgica Nacional) is reportedly movin...
Schwenk reduces its stake in HeidelbergCement
Schwenk has informed in a so-called Directors’ Dealings notification according to section 15a of the German Securities Trading Act that they have sold 15 million HeidelbergCemen...
Deal reached on TXI cement kiln
A long-running dispute over the use of pollution controls at TXI Operations’ Midlothian Texas cement kiln has been resolved. The Dallas-based company has reached a prelimi...
Cement prices going up soon
From August 1, there will be an increase in the ex-factory price of cement because of rising costs which Claxton Bay producer Trinidad Cement Ltd said it can no longer absorb. N...
Saudi Arabia to cut duty on cement
Saudi Arabia has decided to reduce customs duty on cement from the current level of five per cent to zero per cent within six months as part of a major move to check the rise in...
Holcim Maroc starts grinding upgrade
The Moroccan Minister of Industry, Trade and Economic Restructuring, Salah Eddine Mezouar, officially inaugurated on July 18, 2005 the capacity extension works at the grinding u...
Peru’s Cementos Lima 2Q Net
Higher operating costs helped drive down Cementos Lima SA’s second-quarter net income to 20.8 million soles compared with PEN25.4 million in the same quarter last year. T...
Colorado companies cash in on shortages
National demand for cement is up over last year’s record levels and bringing with it the possibility of some regional cement shortages. This situation hasn’t affecte...
Holcim pulls out of Akhangarancement
Holcim has sold its 23.6 per cent stake in Akhangarancement, Uzbekistans second largest cement plant, to Zeromax Group of the United States. The Zeromax office in Tashkent told ...
OCI raises stake in Pakistan subsidiary
Orascom Construction Industries said it has received approval from both the Securities & Exchange Commission of Pakistan and its shareholders to convert US$19.2m in debt it purc...
TPIPL: First quarterly loss since 2002
TPI Polene (TPIPL) announced a Bt215m loss for 2Q05, compared to a net profit of Bt483m (inclusive of Bt538m extra gain) and Bt768m in 2Q04 and 1Q05, respectively. This was due ...
OCL India Q1 net up 21 per cent
OCL India Ltd has reported a 21 per cent rise in net profit at Rs 14.55 crore during the first quarter of the current fiscal. The company has announced a 17 per cent growth in t...
Indonesia June cement consumption up
Indonesia’s cement consumption, an indicator of economic activity, rose 6.7 per cent by volume in June from a year earlier, the country’s largest cement maker said o...
ACC’s expansion project
The Chief Minister of Jharkhand today inaugurated the modernization and expansion project of ACC’s Chaibasa Cement Works. The project comprises replacement of the earlier ...
South African cement sales boom
Cement sales for the first half of 2005 rose by 10.3 per cent year-on-year (y/y) to 5,496,523t, the Cement and Concrete Institute (CNCI) reported.
Cemex net gains after RMC buyout
Cemex posted a better-than-expected 197 per cent increase in quarterly net profit following its $5.8bn takeover of Britain’s ready-mix concrete producer RMC. Cemex said on...
Freight market comeback later this year?
While the Cape market is climbing alone at present, it increasingly seems that everyone is preparing again for a comeback of demand but don’t know yet what impact this wil...
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