Holcim will sanction Garadagh refurbishment
Thought to be a year behind schedule, preparations for the overhaul of the cement plant of Garadagh Cement in Baku are coming to fruition. The chairman of the board of Garadagh ...
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Egypt’s Gazelle seeks stake in South Valley Cement
Gazelle Ltd Company, a private Egyptian firm, has offered to buy 29.39 per cent of South Valley Cement at 22.60 Egyptian pounds ($3.90) a share, the stock exchange said in a st...
Burning sludge as a fuel could help cut pollution
Lehigh Cement Co. in Union Bridge hopes to be the first plant in North America to burn pelletized sludge as an alternative or supplemental fuel source to the coal that fires its...
Buzzi Unicem looks deeper into Eastern Europe
Italian cement maker Buzzi Unicem is studying small acquisitions in eastern Europe, deputy president, Franco Buzzi ,said.
Cementir to boost dividend by 2008
Italian cement company Cementir SpA, a unit of local construction company Caltagirone, targets to raise its dividend to Euro 0.12 per share from Euro 0.7 per share paid for 2004...
Cyprus cement sales up
Cement sales in Cyprus rose 14.8 per cent year-on-year reaching 398,200t in the first quarter of 2005, according to data published by the island’s National Statistics Serv...
Tonasa to expand production capacity
Cement maker PT Semen Tonasa plans to increase its capacity by 800,000t to 4.3Mta, its President Sadman said.
Polish cement sales fall
The combined sales of cement in Poland dropped by about 25 per cent year-on-year to 1.1Mt in the first quarter of 2005, mainly due to the prolonged winter which had caused a hal...
HK plant clears technical hurdles to trial waste-burning
The Green Island Cement company has cleared all technical obstacles to a controversial trial on waste incineration this month. After months of dry runs - burning without waste i...
Bacnotan forming consortium to take on geothermal projects
Bacnotan Consolidated Industries, Inc. plans to venture into the geothermal power business as the firm diversifies its interests after selling its cement holdings. Ramon del Ro...
Roadblock on Holcim’s Indian adventure
Swiss cement group Holcim Ltd and an Indian partner have fallen short in their attempt to acquire Associated Cement Companies Ltd., India’s biggest cement maker by sales. ...
Swiss cement sales fall
Domestic sales of Swiss cement industry fell by 0.6 per cent to 767,345t in the first quarter of 2005, the industry association Cemsuisse said on April 13, 2005.
Cemex begins bond auction
Cemex began auctioning Wednesday bonds worth a total of 3.75bn pesos (US$339m), the company reported to the Mexico City bourse (BMV).
New import terminals for Houston
Work has begun on a cement terminal at the Port of Houston that, when completed next spring, will be among the largest such facilities in the country. The terminal is being buil...
Indian market outlook
According to Mr Deepak Jain of Anagram Stockbroking, the main trigger for optimism in Indian cement stocks was the expectation of a good Q4 numbers from cement companies.
UAE Gulf Cement approves bonus
The extraordinary general shareholders’ meeting of UAE cement maker Gulf Cement Company approved on April 13, 2005 a 20 per cent bonus issue for 2004, which is to raise th...
Cemex to sell Cementos Bío Bío stake
Mexican cement giant Cemex has hired Santander Investment to seek buyers for its 11.9 per cent stake in Chilean cement company Cementos Bío Bío, Chilean newspaper La Tercera rep...
Harbour leases land for cement bagging facility
Cement supplier Caricement/Holcim, now operating in Simpson Bay, St Maarten, Netherlands Antilles, will be opening a cement bagging facility in Pointe Blanche on the property of...
Tsunami effect hits Nigeria
The Tsunami earthquake which hit South East Asia last December 26, and the escalating cost of transportation, were identified yesterday as major reasons for the high price of ce...
Rates holding firm in unsettled markets
Despite the uncertainty some analysts have recently expressed (again) about the course and speed of the Chinese economy - particularly concerning the steel demand, elsewhere the...
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