Holcim scores SEC order on tender offer
Publicly-listed cement firm Holcim Philippines Inc. said that the decision of the Securities and Exchange Commission to reverse its policy on tender offers sends a wrong signal ...
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China Resources Cement to expand capacity
China Resources Cement Holdings Ltd plans to invest 500 million yuan to double production capacity at its cement plant in China’s southern province of Guangxi, a source cl...
Indonesia may study Mandiri stake sale
The government may study a proposal to divest a 10 per cent stake in PT Bank Mandiri to raise funds for settling its long-standing dispute with Mexican cement maker Cemex SA over
Hanson says FY profit beats its forecasts
Hanson PLC said a 5.6 per cent rise in annual profit beat its expectations, reflecting a ’strong finish’ in all divisions, and boosted by a UK£7m gain from two prope...
Saudi Qassim Cement recommends dividend
The management board of Saudi cement producer Qassim Cement Company (QCC) proposed on February 23, 2005 a cash dividend payment of 22 Saudi riyals ($5.89) per share
Profits rise at Lafarge
Lafarge said Thursday its net profit rose 19 per cent last year and said it expects operating profit growth to slow due to high energy costs in 2005.
Orascom adds cement capacity
Orascom Construction Industries announced that United Cement Company of Nigeria Ltd. (UNICEM) will construct a new greenfield cement plant with an annual production capapcity
Cement shortage to intensify
There is a shortage of cement in Tucson and southern Arizona, and likely will become more acute this spring.
Asia Cement says China unit given until June for Hong Kong listing, Taiwan
Asia Cement Corp said its China-based unit, Jiangxi Yadong Cement Co, has been given until June to list in Hong Kong.
Lafarge to increase its plasterboard capacity by 50%, UK
Lafarge announced that it will invest approximately EUR45m in a new plasterboard plant in the Midlands, which will increase its capacity by 50% in the UK with an additional 25Mm2.
Baticim to produce 1.5Mt cement in 2005, Turkey
Turkish cement, clinker and ready mix concrete producer Bati Cimento (Baticim) plans to produce 1.5Mt of cement in 2005.
Cement industry grows despite falling indices, Iran
A senior economic official saidthat a major portion of the US$5bn worth of funds the government allocated for private enterprises in the year to March 2005 has been invested in ...
Cementos Argos investment, Colombia
Colombia’s largest cement producer Cementos Argos invested US$15m in capacity increases in 2004, the company said in a statement.
Siam City Cement looking to acquire stakes in local cement companies , Thailand
Siam City Cement Plc (SCCC), the country’s second largest cement producer, plans to acquire stakes in other local cement makers, according to managing director Leo Mittelh...
Titan net profit seen up 35.7% YoY, Greece
Greek cement maker Titan Cement 2004 net profit is seen rising 35.7 per cent YoY to EUR169.5m (US$223.2m), local brokerage Egnatia Finance forecasts in its February 22, 2005 rep...
Indocement minority shareholders approve debt-refinancing scheme, Indonesia
PT Indocement Tunggal Prakarsa’s minority shareholders approved the cement producer’s debt-refinancing scheme worth US$150m, the company said in a statement.
Holcim clears formal hurdle on Aggregate bid
Holcim said on Wednesday it had satisfied a formal condition for its planned takeover of Britain’s Aggregate Industries.
Rates keep on rising
After the upturn of the market last week, rates have kept on rising over the last five trading days. Levels which were talked about a week ago have been achieved for all segment...
Cement industry achieves climate change target
The British Cement Association (BCA) announced that all four UK cement manufacturers and the sector as a whole have achieved their targets under the Climate Change Levy Agreemen...
New order for FCB.Ciment, Italy
SACCI S.p.a., the Italian cement group, has awarded FCB.Ciment an order for the engineering and supply of a third generation separator type TSV® 4000 HFM and a flash dryer syste...
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