Poland’s cement usage likely to increase in 2005
Poland’s cement usage is likely to increase for another consecutive year in 2005, even up to five per cent, from a three per cent growth in 2004, Cement Producers Lobby de...
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Holcim Romania’s social responsibility project
Holcim Romania, a unit of Swiss cement company Holcim Ltd, will organise from June 14 to June 18, 2005 a series of training courses for 60 high school students from the cities o...
Holcim buys from NZ competitor
Holcim has been forced to buy cement off rival Fletcher Building (Golden Bay Cement) because of continuing problems with Westport harbour. Low harbour bar depths, caused by a ...
China’s Sinoma International wins cement plant bid
Sinoma International Engineering Co Ltd said it has signed a 652.8 mln yuan contract to build a cement production line for Guochan Industrial (Fujian) Cement Co Ltd. The
CSFB controls larger slice of Cimpor
US investment bank Credit Suisse First Boston (CSFB) now controls a total 6.02 per cent of the voting rights in Portuguese cement producer Cimpor, CSFB announced in a report to...
HeidelbergCement to increase Indo stake
The Managing Board and the Supervisory Board of HeidelbergCement AG resolved to further increase the stake in the Indonesian cement company Indocement, which has been fully cons...
EU orders cut in Italy pollution allowances
European Union regulators on Wednesday ordered a nine per cent reduction in air pollution allowed by permits that Italy is giving industry, seeking to ensure companies buy some ...
Workers killed in roof collapse
At least 12 people, including five women, were crushed to death and 20 injured when an under-construction roof, crumbled this afternoon in a cement factory in Dalmiapuram in nei...
Cimpor higher as analysts hike estimates
Shares in Cimpor - Cimentos de Portugal SGPS rose, more than reversing yesterday’s losses, as analysts said they will raise their full-year estimates after the cement make...
Santa Cruz, La Paz drive Q1 cement production
Cement production in Bolivia in the first quarter grew 9.24 per cent to 308,973t compared to 1Q04, the country’s national statistics institute (INE) reported. The increase...
YTL Corp third quarter pre-tax profit rises
YTL Corp Bhd saw its pre-tax profit rising 29.6 per cent to RM317.9m for the third quarter ended March 31, compared with RM245.3m in the same period a year ago. Its turnover for...
L&T FY05 net up 85 per cent
Larsen & Toubro (L&T) has reported a 84.7 per cent increase in net profit to Rs 983.85 crore for the year ended March 31, 2005 as compared to Rs 532.75 crore last year. Net sale...
Dragon Cement receives historic designation
The Maine Section of the American Society of Civil Engineers (ASCE) has designated the Dragon Cement plant and quarry as a State Significant Historic Civil Engineering Landmark....
Kenyan cement sector up by 11.9 per cent
Kenyans completed new buildings worth Sh2.3 billion last year, adding a clean Sh1 billion to the 2003 figure. A major beneficiary of the virtually private-sector-driven boom was...
Cementos Portland plans investments 2005-2007
Spanish cement maker Cementos Portland Valderribas SA (Cementos Portland) plans to invest Euro 450m between 2005 and 2007, the company’s CEO, Jose Ignacio Martinez-Ynzenga...
Brazil Camargo Correa Q1 2005 net profit soars
Brazilian cement maker Camargo Correa Cimentos, a unit of local construction group Camargo Correa, posted a net profit of 62.7 mln Brazilian reais ($26.03m) for the first quarter
Raysut Cement to raise capital
Oman’s cement producer Raysut Cement Co will increase its capital to 20 mln Omani rials ($51.9m) from 15 mln rials ($39m) it was reported on May 26, 2005. The increase wi...
Povazska cementaren profit down
Slovak cement maker Povazska cementaren made profit worth almost Sk177 million in 2004, a drop of five per cent on the year, Jozef Sutara, an assistant to Povazska CEO, told CTK...
Mega projects in the pipeline
Indian Finance Minister P Chidambaram on Thursday indicated that the Government, with the assistance of the Investment Commission, was actively pursuing the setting up of three ...
Ambuja Cement Eastern: reject
Shareholders of Ambuja Cement Eastern can reject the open offer made by the Holcim and Ambuja Cement India, which is now owned by Holcim and Gujarat Ambuja Cement. Brokers recom...
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