IMSA Willing To Buy Stake in Hylsamex, Mexico
Mexican industrial conglomerate Industrias Monterrey SA. (IMSA) is studying possibilities to buy a stake, or to merge with Mexican ready-mix maker Hylsamex, a unit of Mexican di...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Uralcement to raise capita
At an AGM of Uralcement held in Pervomaysky Korkino of the Chelyabinsk region shareholders of the company made a decision to raise the authorized capital by 32.4 per cent from R...
British Fund buys stake in Spanish Cementos Portland
British investment fund Centaurus Alpha Master Fund bought 1.029 per cent in Spanish cement maker Cementos Portland Valderribas SA (Cementos Portland), sources from Spanish stoc...
Hungarian News in brief
Cement manufacturer Holcim Hungaria Cementipari Rt appointed Robert Uveg marketing and sales manager.
Saudi Tabuk Cement
Saudi cement producer Tabuk Cement Company (TCC) posted a net profit of SAR34m(US$9.1m) for the first quarter of 2005, up from SAR25.6m (US$6.8m) in the year-ago period, accordi...
Holcim’s statutory purchase, UK
Holcim Participations (UK) Limited (Holcim UK), a wholly owned subsidiary of Holcim Ltd, has now acquired over 95 per cent of the ordinary shares of Aggregate Industries plc
Semen Cibinong aims to buy back debt, Indonesia
PT Semen Cibinong said it has set aside US$20m to buy back debt in foreign exchange denomination this year.
Controversy surprises cement plant managers
Managers of the Ash Grove Cement Co. plant say a controversy over use of industrial slag to make cement at the Holcim Inc. plant near Three Forks is surprising, because Ash Grov...
Goltas Cimento increases net profits
Turkish cement, clinker and ready mix concrete producer Goltas Cimento posted a net profit of 19.194 mln new Turkish lira ($14.3m) for 2004, up from 11.038 mln lira ($8.2m) for ...
Mykolaivtsement Reduces Cement Production
In March, the Mykolaivtsement company (Mykolaiv, Lviv region, Ukraine), a large producer of cement, reduced cement production by 16.7 per cent or 10,800t compared with March 200...
Sewage burn debate
Lehigh Cement Co. is proposing to use as much as 100tpd of pelletized sludge - known as a "biosolid" - as an alternative or supplement to the coal it burns in kilns at its facto...
Camargo Correa resumes Loma Negra negotiations
Loma Negra has resumed mergers negotiations with Camargo Correa that in 2004 made the best offer for its assets or US$1.0bn.The deal was nearly closed five months ago, and put o...
Attock Cement plans to raise output
Attock Cement Ltd is planning to expand its existing plant by increasing output to 3000 tonnes per day, costing Rs 3.5 billion, with likely to commencing production from next ye...
Export and find new markets
Local Malaysian cement manufacturers should seek new markets abroad for their material by partnering Malaysian construction companies with operations overseas, International Tra...
China’s output of cement in February
China produced 43,436,000t of cement in February 2005. The output in January-February reached 98, 539,400t, up 0.1 per cent year on year, according to the National Bureau of Sta...
Holcim to invest more in Romania
Holcim Romania, plans to invest around 32 million euros this year in Romania, financial daily Ziarul Financiar reported on Tuesday. Holcim Romania’s turnover rose by 30 p...
Dontsement Increases Cement Production
In January-March, the Dontsement company (Amvrosiivka, Donetsk region, Ukraine) increased cement production by 54.4 per cent or 62,000t compared with January-March 2004, to a to...
Holcim-Gujarat ambuja offer
Indian investors have put in shares constituting about 21 per cent capital of Associated Cement Company Limited in response to a combined open offer by Gujarat Ambuja Cement Ltd...
Semen Gresik may issue more bonds
PT Semen Gresik was studying the possibility of issuing some bonds to finance the development of new facility at the total value of US$300m - US$350m and to repay its IDR447 bil...
Uzbekistan excludes foreigners from sale
The government of Uzbekistan will not allow foreign investors to participate in the privatization of cement producer Kyzylkumtsement, the country’s biggest cement plant, a...
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