Barloworld continues record growth
Barloworld, the listed South African international brand management company, has increased its stake in Pretoria Portland Cement (PPC) to 71.6 per cent from 67.4 per cent throu...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Cemex confirms US plant sale
Cemex announced this week that it has signed a Letter of Intent to sell its Charlevoix, Michigan and Dixon-Marquette, Illinois cement plants to Votorantim Cimentos for US$400m.
Cement consumption down in October
Cement consumption in Spain in October was down 7.6 per cent from the same month a year earlier at 3.89Mt,industry association Oficemen said.
Building materials prices soar in Nigeria
A survey conducted by PM Property Guide, Lagos, at building materials markets in the state revealed that the price of almost every building material in the market has increased.
Cemex waits to cement its gains
Executives of Cemex, the world’s third-largest cement company, are confident they can reap rewards from September’s UK£3.2bn (Dollars 5.8bn) acquisition of RMC of t...
Vietnam to entice more foreign investment
Vietnam is expected to lure 4.2-4.5 billion US dollars worth of foreign direct investment (FDI) next year, partly by opening wider doors to investors in such important industrie...
Cementir moves into China
Cementir, which completed the deal to acquire Aalborg Portland Cement at the end of October, has moved quickly to extend the leading position in white cement that came with the...
New orders for ABB
ABB has been awarded a contract by the Vietnam Construction & Import-Export Corporation (VINACONEX) for electrical and automation equipment for the Cam Pha cement plant. The con...
Check for safety after lift failure
Mangalam Cement Ltd said the lift structure of serving the preheater tower had collapsed on Tuesday evening during a planned shutdown for maintenance of a unit, according to the...
Price fall, higher input costs, southern India
The combined impact of a fall in price and a rise in input costs has adversely affected South India-based cement companies, even as the industry’s prospect at the national...
Three Arrested for cement theft
Police authority in Monrovia has confirmed the arrest of three persons in connection to an alleged dubious act of reducing the quantity of cement produced by CEMENCO from its or...
Taiheiyo Cement H1 net profit
Taiheiyo Cement Corp’s first half to September results: Revenue - 413.1 bln yen vs 429.9 bln Operating profit - 16.7 bln yen vs 16.7 bln Current profit - 11.2 bln yen vs 1...
Spain Cementos Alfa To delist
Spanish cement company Cementos Alfa will delist from the Madrid stock exchange on November 25, 2004, the company said on November 15, 2004. The company will buy back the 16,7...
Kuwait Cement Co profit falls
The net profit of Kuwaiti cement manufacturer Kuwait Cement Company fell to 14.65 mln Kuwaiti dinars ($49.7m) in the first nine months of 2004 from 24.45 mln dinars ($82.9m) in ...
Peru: cement sales fall in October
Cement sales in Peru totalled 346,506t in October 2004, a 0.1 per cent decrease from sales of 346,826t in the same period in 2003, according to a report by Asocem, the Peruvian ...
Bamburi set for further gains
Bamburi Cement Limited, Kenya’s biggest manufacturer of cement and cement related products, recently celebrated 50 years since it first commenced operations. It was incor...
New highway in Paraguay
The executive project report on plans to pave Paraguay’s Concepcion-Vallemi highway will be ready for presentation to the River Plate basin development fund (Fonplata) by ...
Cemex seen selling RMC’s German ops following disposal of two US plants
Cemex SA may decide to dispose in the medium term of the German operations of the UK’s RMC Group PLC, after the Mexican cement maker agreed to sell two US plants, analysts...
Philippine Republic Cement
Republic Cement Corp said it will issue its convertible loan notes worth 1.35 bln pesos to Lafarge Cement to December 1. The notes were previously planned to be issued last Mon...
Taiheiyo Cement Expects FY Group Net Profit Y16B
Taiheiyo Cement Corp, half-year ended September 30, 2004: Group sales were Y413.09 bln, down from Y429.92bn a year earlier. Operating profit remained unchanged at Y16.71 bln, w...
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