Prepayment for cement acceptable
Eurocement, a leading Russian cement producer, today declared a success its adoption in April of new sales terms intended to increase transparency, lower costs and eliminate non...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Mysore Cement funds
In Calcutta, India, The Mysore Cement board today agreed to raise a maximum of Rs20 crore by way of equity or other instruments to bolster the company’s finances. It will now se...
NBP and Pioneer Cement sign accord
The National Bank of Pakistan (NBP) signed an agreement with the Pioneer Cement Limited (PCL) on Tuesday to help the latter in expanding its production capacity. NBP Risk Manage...
HeidelbergCement says Merckle and others will sell shares
HeidelbergCement AG has placed advertisements in the German Boersen-Zeitung stating that Adolf Merckle and the Koetitzer Ledertuch und Wachstuch Werke AG both reduced their shar...
Vietnam Cement Corporation increases output
The Vietnam Cement Corporation so far this year has produced and sold 6.5Mt of cement, representing 59 per cent of its yearly target. The corporation has reportedly faced many d...
Philippine exchange lifts trading suspension order
The Philippine stock exchange said trading in shares of Fortune Cement Corp is to resume today after the company submitted additional information on its planned merger with ano...
Cement Association of Canada
François R. Lacroix, President of the Cement Association of Canada (CAC) is pleased to announce that the CAC Board of Directors has selected Mr. Alan Kreisberg as Chairman of th...
Hanson PLC acquisition update
Hanson PLC, the international building materials company, today announces four recently completed acquisitions in the USA for a total cost of approximately £100m. This brings th...
Cement plants need to improve
The Vietnamese Bim Son Cement Company plans to produce 542,000t of clinker and provide the domestic market with 592,000t of cement in the second quarter. However, insiders are w...
Construction begins on Cam Pha cement plant
Vinaconex officials and their partners push buttons to break the ground for the cement plant in Quang Ninh Province. The VND4.74 trillion (US$301.9m) Cam Pha Cement Plant, locat...
Russian Eurocement Sets Up Subsidiary in Ukraine
Russian major cement producer Eurocement Group set up a subsidiary in Kiev, Ukraine, under the name Eurocement Group-Ukraine, it was reported on June 21, 2005. The new subsidia...
Italcementi Group to invest in three Bulgarian subsidiaries
Italcementi Group will invest $20m in its three subsidiaries in Bulgaria - cement plants Devnya Cement and Vulkan and transport company Lyulyaka, a company official said.
FLSmidth Gets EUR91m contract In Vietnam
Danish engineering company FLSmidth A/S Tuesday said it has received two orders worth from Ha Long Cement Joint Stock Company of Vietnam for the construction of a greenfield cem...
WWF and Lafarge Boost Environmental Agenda
Lafarge, the world leader in building materials and WWF, the global conservation organization have announced the renewal of their partnership following significant progress in r...
Heracles sees profits rise
Greek cement producer AGET Heracles, majority-owned by France’s Lafarge, is expected to include in its 2005 financial results an extraordinary profit of Euro 44m it was re...
Lafarge starts construction on US$120m plant in Mexico
Lafarge has kicked off construction works on a new US$120m plant in northern Mexico’s Hidalgo state, local press reported. The company is looking to launch operations at ...
Officials lobby for end to US cement protection policy
Mexican officials are intensifying their lobbying effort in seeking to end the US anti-dumping tariffs on cement imported from Mexico, local press reported. President Vicente Fo...
Cemex to shed 750 British jobs
Cemex is to cut 750 British jobs just three months after formally taking over RMC - the UK-based cement and rmc producer. The job losses represent about 10 per cent of RMC’s
UEM may bail out of CIMA
THE UEM Group is believed to be reviewing its position in Cement Industries of Malaysia Bhd (CIMA) after the current price war has affected the bottomline of the latter, analyst...
Thailand’s Siam Cement buys more shares in National Petrochemical
Siam Cement (SCC) has increased its stake in National Petrochemical (NPC) to 35 per cent, a report in Krungthep Turakij said.
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