Cement industry news

04 Apr 2005 Corporate

Nuh Cimento Increases 2004 net profits

Turkish cement and clinker producer Nuh Cimento posted a net profit of 34.406 mln new Turkish lira ($25.6m) for 2004, up from 23.522 mln lira ($17.5m) for the previous year,

04 Apr 2005 Environmental

CEMEX’s facilities recognized for environmental excellence

The National Ready-Mixed Concrete Association (NRMCA) recently recognized Cemex’s Ready-Mix facilities in Houston and Katy, Texas, with its annual Commitment to Excellence

04 Apr 2005 International

Cimpor To Buy Cape Verde Cement

Cimpor said Friday it has formalised the acquisition of the entire share capital of Nordicave Trading Industrial, Lda., which sole asset is a participation of 86.65 per cent in ...

04 Apr 2005 Corporate

Eagle Materials: new wallboard plant

Eagle Materials Inc. announced today that its subsidiary company, American Gypsum Company, plans to build a new high-speed, environmentally friendly gypsum wallboard plant near ...

04 Apr 2005 International

Melon to present cement plant project to Conama

Chilean cement company Empresas Melon aims to submit the EIS for a US$20m cement grinding plant to national environment authority Conama by April 15, a company

04 Apr 2005 International

Pakistan’s Mustehkam Cement for sale

The Privatization Commission (PC) has invited Expression of Interest from prospective investors and business houses to privatize Mustehkam Cement Limited (MCL) through the sale ...

04 Apr 2005 International

Indian capacity utilisation increases

Most cement plants in India have witnessed high levels of capacity utilisation, with over 66 pwer cent of the plants operating at more than 75 per cent capacity between April 20...

04 Apr 2005 Trading

Aditya Birla FY 05 cement sales

India’s Aditya Birla group, which controls Grasim Industries Ltd and UltraTech Cement Co Saturday said its cement sales for the fiscal year ended March 2005, rose 5.44 pe...

04 Apr 2005 International

Indocement to increase prices

Due to the surging prices of coal and fuel, the country’s second-largest cement producer PT Indocement Tunggal Prakarsa plans to increase the price of cement by up to 15 p...

01 Apr 2005 Environmental

Taiwan’s energy alternatives

With oil prices spiralling over the past year from around US$28 to around US$40 per barrel, spiking to over US$55 at one point, Taiwanese energy specialists have warned that prices

01 Apr 2005 International

More coal supplies to cement sector

Indian power and cement sectors including captive power plants have been allocated 87Mt of coal for the first quarter of 2005-06. The minister of state for coal and mines, Dasari

01 Apr 2005 Trading

Cement prices seen to stabilise

Republic Cement Group of Companies forecast of stable cement prices in The Philippines for the first half of the year due to improved production efficiencies and favorable peso-...

01 Apr 2005 Corporate

Adana Cimento posts higher profit

Cement company Adana Cimento disclosed its 2004 consolidated financials, which show that the company’s net profit climbed to TRY36.4m last year, from TRY 17.5m profit posted

01 Apr 2005 Corporate

India Cements, possible settlement deal

India Cements, which is on a comeback trail by trimming losses and improving price realisation, has finalised a fresh loan at low cost with an all-India institution even as the

01 Apr 2005 Corporate

HeidelbergCement extends deadline

HeidelbergCement AG has extended its deadline for purchasing the remaining shares in cement maker Teutonia Zementwerk AG by two weeks, a company spokesman said. The

01 Apr 2005 International

SCC: 1H05 earnings remaining solid

Siam Cement (SCC)’s management expects domestic cement sales volume to expand more than 10 per cent YoY in 1Q05, while the company target sales growth for 2005 domestic

01 Apr 2005 Trading

Vietnam to inspect price hike requests

The Government has instructed the ministries of Trade, Finance and Industry to jointly inspect the Vietnam Coal Corp. (Vinacoal), Vietnam Steel Corp. (VSC) and Vietnam Cement

01 Apr 2005 International

Jakarta stalls once again in dispute resolution

Soon after it took office last October the government of President Susilo Bambang Yudhoyono pledged to move quickly to resolve three high-profile disputes with foreign

01 Apr 2005 International

Cemex Closes US$389.5m deal with Votorantim

Cemex has closed a US$389.5 m deal with Brazilian industrial conglomerate Votorantim Participacoes to sell assets in the USA, Cemex said on March 31, 2005. Cemex has sold the

01 Apr 2005 International

Russia’s Inteko sells cement assets for US$800m

Elena Baturina, billionaire wife of Moscow Mayor Yuri Luzhkov, has reportedly sold the cement assets under her control for US$800m, the newspaper Vedomosti reported Friday.