Court bars ruling on bid to hike cement tariff
The Philippine Supreme Court has barred the Department of Trade and Industry (DTI) and the Tariff Commission from resolving the petition of local cement manufacturers for the ex...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
US-Based Capital Group raises Holcim stake
Holcim said Monday that Los Angeles, CA-based Capital Group raised its stake in the cement producer to 10 per cent from 9.9 per cent. Capital Group is a mutual fund manager.
James Hardie Sells Chilean Business
Australian construction materials company James Hardie Industries Ltd, has sold its Chilean unit Fibre Cement to local construction materials company Compania Industrial El Volc...
Cimpor – the plot thickens
Spokesmen for Cimpor Portugal said Fundacao Joe Berardo sold 22m shares in the company on July 5, retaining 29,680,539 shares corresponding to 4.42 per cent of share capital and...
Spohn offer ’is fair’ say HeidelbergCement
HeidelbergCement AG said its supervisory and management boards both agreed that Spohn Cement AG’s Euro 60 per share takeover offer for the company ’is fair.’ The
Birla to expand cement capacity
Notwithstanding the ongoing bitter legal battle over its control, the Rajinder Lodha controlled Birla Corporation, the flagship company of M P Birla group, plans to substantiall...
More pollution found near Detroit resort
The same highly alkaline contamination that forced sections of Little Traverse Bay shoreline in the Bay Harbor resort to close has been discovered in the water off Resort Townsh...
Saudi investment fund supports cement projects
Saudi Industrial Development Fund (SIDF) continued its outstanding performance in fiscal 2004 with loan commitments totaling SR3.29 billion, an increase of 20 per cent over last...
Dyckerhoff Ukraine – higher production
In June, Volyn Cement company (Zdolbuniv, Rivne region), increased cement production by 24.6 per cent or 29,600t compared with June 2004, to a total 149,900t. As Ukrainian News...
Energy costs erode cement firm’s profit
Thailand’s second-largest cement maker, Siam city Cement said yesterday rising fuel costs and more competition are eroding the company’s profit. Chantana Sukumanond, senior vic...
Texas Industries and Chaparral spin-off
Building materials producer Texas Industries Inc. said on Thursday that its board has approved the spinoff of its Chaparral Steel Co. unit in a tax-free stock dividend. Texas
Teixeira Duarte controls sizeable Cimpor stake
Cimpor said bourse regulator CMVM has ruled that construction company Teixeira Duarte SGPS controls 22.65 per cent of the cement maker’s capital and 22.78 per cent of voting
Lafarge to invest US$90m to reconstruct Aceh plant
Lafarge SA will invest US$90m to rebuild a cement plant in Aceh, Indonesia, destroyed by the tsunamis December 2004, the French company said Thursday ending speculation that
Holcim opens new slag crushing plant
Holcim yesterday inaugurated its new, Euro 28.5m slag crushing plant in Dunkerque in northern France. The site will have a yearly capacity of 700,000t of product, will employ 25
Garadagh Cement increases production
Garadagh Cement held general meeting of shareholders on 22 June and announced the results of activities in 2004. The main result was increase of production by 30.8 per cent. Th...
Cemex wants US$100m compensation from US
Cemex could recover US$100m if Washington lifts anti-dumping tariffs on Mexican cement in a bid to ease shortages in the United States, the company said on Wednesday. Last mont...
Odesa Cement raises cement price
As of June 20, the Ukraine cement company (Odesa) increased the price of cement of all brands by UAH 10 to UAH 260-315 per ton. According to a company statement, the company i...
Eurocement Group reports five month results
Some 7Mt of cement was produced in five months of 2005 by Eurocement Group, of which 874,000t were made in Ukraine by Baltsem and Kramatorsky Cement Plant Pushka. In fact,
Siam City seeks price increase
Siam City Cement Plc is to ask the government to raise the retail price of cement by Bt1-2 per bag. SCCC’s senior marketing vice president Chantana Sukumanont yesterday ...
China’s Anhui Conch Cement to refund dividend tax
Anhui Conch Cement Co Ltd said they will refund part of the company’s dividend tax to their shareholders. In a statement to the Shanghai Stock Exchange, Anhui Conch Cemen...
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
