Cementos Catatumbo gets new chairman
Venezuelan cement maker Cementos Catatumbo has a new chairman and board for the period 2005-2008 after shareholders approved the appointments, Panorama Digital
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Chavez threatens cement firms
Venezuelan President Hugo Chavez threatened cement companies with price regulations if they fail to bring down the prices for their product.
Cement producers post Q1 results
Chile’s three cement producers Cemento Polpaico, Empresas Melón and Cementos Bío Bío have submitted separate filings to the country’s securities regulator (SVS) repo...
St. Lawrence Cement Group 1Q
St Lawrence Cement Group reported sales of $140.3m for the first quarter of 2005 compared to $141.4m for the same period last year. The net loss was $23.6m ($0.56 basic per shar...
PTT to buy 30 per cent of TPI
PTT Plc said it planned to buy 30 per cent of Thai Petrochemical Industry (TPI) at Bt3.30 per share, more than 65 per cent below the current market price. PTT, which is among ...
Vietnamese cement sales rise again
Vietnam sold 2.9Mt of cement last month, bringing the total it has sold in the first four months of this year to nearly 9Mt, a Government market managing group has reported.
Carib Cement blames wage increase
Caribbean Cement sold 14 per cent more of its products for the first three months of this year than during the comparable period last year, with gross revenue lagging slightly a...
Lafarge Q1 sales up 2.2 per cent
Lafarge reported a 2.2 per cent rise in first-quarter sales on Wednesday on improved prices but bad winter weather in Europe offset some of these gains. Lafarge generated sales of
Demand triggers record cement sales
Last year was a record year for South Africa’s cement industry as it rebounded from the virtually stagnant situation that characterised the 1990s. Demand from the region, ...
Holcim held back by late winter in Europe
The first quarter results from Holcim show group turnover 1.1 per cent lower at SwFr2730m (€1,761m) with the operating profit at the EBITDA level declining by 5.2 per cent to Sw...
Problems at Green Island trials
A new incineration plant designed to turn solid waste into ash for the manufacture of cement encountered technical problems during a trial run late last month, one of Hong Kong&...
Rate falls in most sectors
There is a sharp contrast at presenrt between the drastic fall recorded on most dry bulk markets and the overall optimism that still apparently prevails in the news with most ar...
Yemen to import more cement
Yemen’s military economic corporation is working in coordination with the ministry of industry and trade to import cement to meet the needs of the local markets, a source in the...
Significant hike in cement prices likely
Iranian cement prices are likely to increase by 15 per cent within the next few days, fueling speculations that indices for the product on the stock market would react positivel...
Holcim wants higher ACC stake
Holcim Ltd., the world’s second-biggest cement maker, wants to lift its stake in ACC to about 50% after failing to gain control of India’s biggest maker of the building material...
Cement prices continue to rise
The price of cement in Saudi Arabia continues to rise unchecked as demand pushes up against supply limits. The price of a bag of cement in Jeddah has increased from around SR11 ...
Lafarge Romcim Expands products portfolio
Lafarge Romcim, owned by French building group Lafarge, added to its products portfolio Rapidcem quick drying cement with high pressure resistance, it was reported on April 29, ...
Anhui Conch Cement Invests $347m
Chinese cement producer Anhui Conch Cement Co spent 2.87 bln Chinese yuan ($347m) in capital investments and stake purchases in 2004, it was reported on April 29, 2005. The comp...
Votorantim Cementos Invests in distribution centre
Brazil’s industrial group Votorantim’s cement production arm, Votorantim Cimentos, invested 4.5 mln Brazilian reais ($1.8m) in a distribution centre in Salvador, in ...
Argos and Holcim Colombia report performance
Cementos Argos reported profits of Pesos$129,810m over Q1/2005 (Jan -March), a 201% growth from Q1/204 (Pesos$43,144m). The company results benefited from the selling off the co...
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