Apasco looks to moderate growth in 2005
Mexican cement maker Holcim Apasco expects sales to grow up to 2.5 per cent in 2005,
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Loma Negra sale enter its final phase
The Argentinean lawyer Eugenio Aramburu is reportedly in New York negotiating the final details of the sale
TCC to invest in Guangdong cement plant
Hong Kong-listed Taiwan Cement Co International Holdings Ltd will invest one bln yuan to build a Guangdong cement plant which will more than double its construction material pro...
Government Offers New JV to Cemex
According to local reports, the Indonesian government has offered an option to establish a joint venture between Cemex Asia and PT Semen Gresik
Nevyan Cement plant started shipment to Kazakhstan
The Nevyan Cement plant of Sverdlovsk oblast of the Russian Federation has started shipping cement to Kazakhstan. This is the first exports of the enterprise after it had joine...
Four countries not ready for Emissions Trading
The EU’s Environment Commissioner, Stavros Dimas, has said that Greece, Italy, Poland and the Czech Republic are not in a position to take part in the European Emissions Tradin...
Authorities pledge to protect arable land
China’s top land and resource authority pledged yesterday to support key projects while cutting down on illegal land acquisitions. Major projects focused on energy, communicati...
German Allianz Decreases Stake in HeidelbergCement
German insurer Allianz AG has decreased its stake in building materials group HeidelbergCement AG stepwise to 4.6 per cent in a move to optimise its portfolio, Allianz said on D...
India Shree Cement expects improvements
Shree Cement Ltd, a mid-sized Indian cement maker, expects strong demand and rising construction activity to boost revenue by 15 per cent in the current fiscal year, a senior co...
Chilanga Cement Reports its Unaudited Results
Chilanga Cement announced its un-audited results for six months to 30 June, 2004. Net turnover was K102 billion (K80 billion in previous period). Profit after tax was K17.2 billion
How to cement a working relationship
Bernard Kasriel, chief executive of Lafarge, the French cement company, says he has no option but to work with others to reduce the corporate impact on the environment. If the...
YTL Cement may spend more for Perak-Hanjong
YTL Cement Bhd is likely to spend in excess of RM100 million in cash for its general offer for the rest of Perak-Hanjong Simen Sdn Bhd shares that it does not own. The compan...
India Cements Board OKs bond issue
The board of India Cements Ltd has approved a fund raising through various instruments including convertible debentures and equity warrants, the company said Friday. In a fili...
Indonesia’s Semen Tonasa to reduce exports
State-owned cement maker PT Semen Tonasa said it will reduce cement exports in 2005 to prevent a shortage in supply on the domestic market. Company president Sadman said short...
Are cartels good for Pakistan?
When Pakistani Daily Times interviewed Prime Minister Shaukat Aziz in October, the following question was put to him: The government has opened up business and liberalized the e...
Shui On Construction in China deal
Shui On directors are pleased to announce that on 20 December 2004, SIL, an indirect wholly owned subsidiary of the Company, entered into a Framework Agreement with GWL and GSL ...
Marginal fall in infrastructure growth, India
There has been a marginal decline in infrastructure sector growth in November this year as compared to the same month last year. The overall growth rate came down by one per cen...
Bakhchysarai-Based Budindustria to install new packaging line
The Bakhchysarai-based Budindustria factory, the largest cement producer in the Ukrainian Crimea, plans to install a new cement packaging line by April 2005. The new line will...
TPI Polene expects 2004 revenues to rise
TPI Polene PCL said it anticipates 2004 revenues rising by 15.8% as a result of higher sales of cement and plastic pellets. Senior VP Prasert Ittimakin told reporters the compan...
Umm Al-Qaiwain Cement Industries
UAE cement manufacturer Umm al-Qaiwain Cement Industries Company is expected to report record-high earnings per share (EPS) of 40 Kuwaiti fils (US$0.136) for 2004, it was reported
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