Government to settle Cemex dispute
The new government aims to settle an investment dispute with Mexico-based cement producer Cemex SA in 42 days, in a bid to help maintain investors’ confidence in the econo...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Second round of US cement price increases in 2005 announced
Holcim has just announced a second series of price increases for 2005, scheduled to take effect in July, or in some cases on the 1st of August, following an earlier round of pri...
Cement sets pulses racing
To study the inside of cement structures as they solidify and age, a researcher from Elizabethtown College in Pennsylvania has turned to time domain reflectrometry. "We use a ca...
Wolseley downgrade say analysts
Deutsche Bank has transferred coverage of Wolseley and undertaken a major review of the company. In its view most of the group’s key markets have peaked and are likely to ...
Historic cement plant to be demolished
The "old cement plant" located east of Dewey, Oklahoma, USA is slated for demolition over the next several weeks, officials associated with the project said recently. The former...
Polluters ignore environmental laws
While a nationwide blitz in China against polluting firms across the country is paying off, environmental inspectors are still finding it an uphill fight. They say local protect...
Italcementi’s Ciments Francais sees post-bid investments in Egypt
Italcementi SpA’s quoted unit Ciments Francais SA plans to invest to improve efficiency and logistics at its Egyptian affiliate Suez Cement after the planned takeover, acc...
HeidelbergCement to take over Teutonia
HeidelbergCement has agreed to buy a stake in Teutonia Zementwerk and is offering to buy all outstanding shares, HeidelbergCement said on Friday. HeidelbergCement will offer own...
Cement consumption will grow seven per cent
Cement consumption in India is likely to grow at around 7 per cent in 2004-2005, according to MS Gilotra, Managing Director of Saurashtra Cement Ltd (SCL) and Gujarat Sidhee Cem...
Somani to set up cement plant in Bhavnagar
Somani Cement Company Ltd of Vadodara is setting up a 1000tpd cement plant at Bhavnagar with an investment of Rs150 crore. Financial institutions, foreign institutional investor...
Helwan Cement Announces 9M FY04 Results
Helwan Cement announced 9M FY04 results ending September, wherein the company posted a LE1.8 million net profit balance compared to a LE44.8 million net loss incurred in 9M FY03...
AV Birla hopes for 100 per cent cement capacity utilisation
The Indian Aditya Birla group aims to ensure 100 percent utilisation of its existing cement capacity before planning further capacity addition. The group’s total installed...
Cemex: Latin Equity Preview
Cemex SA the world’s third-largest cement maker is scheduled to release its fourth-quarter earnings forecast before the market opens today. Cemex’s fourth-quarter ea...
Cement may cost 5-10 per cent more shortly
Firming up of cement prices post-monsoon, usually considered natural, is delayed this time by about a month. A 5-10 per cent growth in cement prices is expected in the next two ...
Cementos Selva, accused of polluting, denies charges
District mayor Emiliano Pereyra in Peruvian department San Martín has accused cement maker Cementos Selva of pollution and is calling for an independent environmental audit on i...
Vietnam govt favours cement projects in remote areas
The Government has offered incentives such as soft credits for projects specialising in clinker production in remote mountainous communities. The offers were recently announced ...
UAE Union Cement to build new clinker line
Ras al-Khaimah cement manufacturer Union Cement signed on December 12, 2004 an agreement, worth over 500 mln UAE dirhams ($136.1m), with China National Building Materials Equipm...
UltraTech Cement revenue to touch Rs.27bn
UltraTech Cement, a unit of the Aditya Birla Group, is set to register a 12 percent rise in revenue to touch Rs.27bn ($614m) this fiscal. OP Puranmalka, the chief marketing offi...
YTL Cement net profit to double on Perak stake rise, Malaysia
Malaysia’s YTL Cement expects its net profit to double this fiscal year after it raised its stake in Perak Hanjoong Simen Sdn Bhd to 64.8% from 32.1%, YTL’s managing...
Prime Minister requests Vietnam Cement Corp become holding company
Deputy Prime Minister Nguyen Tan Dzung has officially required the State-run Vietnam Cement Corporation to turn into a holding company, and compile a roadmap to privatize its af...
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