Vietnam to spend $456M on plant conversions
Vietnam will invest $456m into changing technology from shaft kiln to rotary kiln for 20 cement plants. The process is expected for completion in 2009 and the 20 plants will at...
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Taiwan Cement plans more investment in China
Taiwan Cement Corp plans to invest US$300m to increase its annual production capacity in China to 20Mt, the Economic Daily News reported Saturday. Taiwan Cement Chairman Koo Che...
China’s cement production recovering
China’s cement production recovered quickly in recent two months after a sharp slide since April last year when the government took harsh macro economic control measures to rein...
Lafarge to invest more in gypsum division
Lafarge said on Monday it would increase its gypsum production by 20 per cent, through an investment of 300 million euros ($362.5m). The world’s biggest cement maker said...
Dyckerhoff job losses
German cement company Dyckerhoff said it has decided upon downsizing measures that will result in the loss of 100 jobs, with one-time plant closure costs amounting to approximat...
Boral cements costs rise
Building materials group Boral has admitted to a A$44 million cost hike that has almost doubled the cost of upgrading its Waurn Ponds cement plant in southern Victoria. The an...
Asia Cement Corporation to build second cement plant
Taiwan’s second largest cement producer Asia Cement Corporation will build in a second cement plant in Wuhan Mainland China named Hubei Yadong Cement Plant, with less than...
Icelandic Aalborg Portland appoints Managing Director
Icelandic cement importer Aalborg Portland Island hf has appointed Tomas Moller managing director, it was reported on June 22, 2005. Tomas Moller will succeed Bjarni O. Halldo...
Cemex Espana spends on new plant
Spanish cement maker Cemex Espana SA spent Euro 2.5m on the construction of a new plant for ecological production of ready-mix concrete in Paterna, eastern Spain, opened on June...
Argos reorganises its cement operations
Eight Colombian cement companies will merge to create a business worth US$2.28bn, local press reported. Cementos del Caribe will absorb seven other companies: Cementos del Val...
Podilskyi Tsement Decides To Boost Capital
Shareholders of Podilskyi Tsement company one of Ukraine’s three largest producers of cement, decided at a meeting on May 11 to increase the statutory fund by UAH 59.832 m...
LCCI concerned over hike in cement prices
Contractors in Pakistan are expressing grave concern over sharp rise in cement prices in short span of a few days, have urged the government to take immediate steps to bring the...
Petron, Holcim forge partnership
Petron Corp. recently entered into a memorandum of agreement with cement company Holcim Philippines for the processing of used oil and sludge from Petron’s customers at Ho...
Cement firm seeks investor approval
Philippines: Fortune Cement Corp. will seek stockholders’ approval for a planned merger with Continental Operating Corp. during the annual meeting on July 25. In a letter...
Hanson expects first half profit advance
Hanson Plc in a trading statement said the company expects to deliver a strong performance for the first half of 2005, continuing progress made in the second half of last year. ...
Japan May 2005 Cement Shipments
Japan cement shipments totalled 5.17Mt in May 2005, up 6.1 per cent year-on-year, the Japan Cement Association said on June 23, 2005. The figure marked a year-on-year increase ...
Mexican Cemex Lay-offs affect German units
Cemex’s decision to close 15 to 20 plants and slash 2000 jobs by 2007 threatens to affect also its German unit Readymix Beton Sachsen GmbH, a Readymix spokeswoman said on ...
Greece’s Heracles Q1 hit by sales fall
Greek cement maker Heracles Cement , majority-owned by France’s Lafarge , reported a first-quarter pretax loss on Thursday, hit by falling sales in the domestic market and...
Camargo’s takeover of Loma Negra still not finalised
Brazil’s Camargo Correa group has not yet finalized its planned acquisition of Holdtotal, the holding company that controls Argentine cement giant Loma Negra, the cement c...
Freight rates continue to fall
While all dry bulk shipping markets are still nose-diving towards levels now deeper than last year’s lowest figures, many raw material producers are busy announcing produc...
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