Eurocement says now it owns six cement plants
Russian holding Eurocement Group has completed the consolidation of its cement assets, according to a statement from the company released Tuesday.
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Investors advised to sell shares in...
Analysts at Helaba Trust are advising investors to sell shares in HeidelbergCement, the German cement manufacturer.
Torah Portland Cement
Egypt: Torah Cement’s 1H FY04 financial results, slightly above expectations, revealed impressive 33.5% annual top line growth arriving at LE281.9million, a function of bo...
Hima Cement decries power shortages
Hima Cement, Uganda, has decried the current shortage of power supply and called on the government to work on a speedy solution to save the industry and the economy at large.
Ukranian plants down tools in election protest
One of the five biggest producers of cement, the Ivano-Frankivsktsement company, and brick producing company Keramik (Vinnytsia) halted operation on November 23 in protest again...
Vietnam likely to lack coal for cement production
Vietnam will need 1.3Mt of coal next year, but it is in danger of serious shortage of the material, said officials from Vietnam Cement Corporation (VNCC).
Cauldon Works cements reputation for safety
Lafarge Cement UK’s Cauldon Works has been commended for its commitment to safety for the second year in a row.
Malayan cement reports sharp fall in pre-tax profit
Lafarge Malayan Cement Bhd’s group pre-tax profit for the third quarter ended 30 September 2004 plummeted 60.4 per cent on-year to RM18.602 million (US$4.9 million) due t...
ACC to hike cement production capacity
Associated Cement Co India’s single largest cement company, Tuesday said its production capacity would be increased from 18.3 to 20Mta by the first half of 2005 after its two on...
Work begins on French-funded cement plant
Work started on Sunday on the construction of a French-invested cement production plant in southern Dong Nai province by the Lafarge Construction Material Production Group.
Cement capacity of Oman plants to reach 4Mt
The production capacity of Omani cement factories is estimated to reach 4Mt during the next two years, Commerce and Industry Minister Maqbool bin Ali bin Sultan said.
CSFB launches Euro 370m convertible into Cimpor
Credit Suisse First Boston said on Wednesday it had launched a Euro 369.7m bond exchangeable into shares of Portugese cement company Cimpor.
Two new cement plants to be set up
The Dadabhoy Group is poised to set up two new cement plants at a cost of Rs2.30 billion with Chinese cooperation at Nooriabad industrial area of Karachi.
Holcim sells to Credit Suisse First Boston International
In December 2001 Holcim concluded a Total Return Swap contract with Cartera Lusitana SA related to 9.5 per cent shareholding in Cimpor - Cimentos de Portugal, SA.
AFCM 2004 opens
The AFCM has officially opened its 19th Technical Symposium and Exhibition, this year being held in the historical city of Manila, Philippines.
Lafarge refutes Zambian claim
The decision to deport Ian Coulter Managing Director of Chilanga Cement is probably motivated by concerns related to the trading arrangements currently in place for the distribu...
BNP Paribas signs for cement plant
BNP Paribas, a French bank, and Viet Nam Construction and Machinery Installation Corporation (Lilama) signed a credit contract on importing equipment for Thang Long Cement Joint...
Lafarge accused of dirty tricks in Zambia
France has asked the Zambian government to rescind its decision of deporting Chilanga Cement managing director Ian Coulter. And sources at Chilanga Cement have revealed that gov...
UAE cement firms sales
The 11 cement companies in the UAE sold about 10.7Mt of cement in 2003 for an estimated total sales of Dh1.75 billion.
TPI Founder requests to buy TPI stakes
The founder of both Thai Petrochemical Industry PCL and TPI Polene PCL, Prachai Leophairatana, asked the Ministry of Finance Monday for permission to buy stakes in the two debt-...
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