Malaysia: Lafarge to increase Rawang plant capacity
Lafarge Malayan Cement Bhd says the cement grinding capacity of its Rawang plant will increase by 800,000tpa after it transfers an idle grinding mill in Langkawi to the Rawang ...
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Mexico Cemex mulls expansion in Russia, China, India
Mexican Cementos Mexicanos SA (Cemex), the world’s third largest cement maker, plans to start operations in Russia, China or India, after the purchase of the British build...
Loma Negra assets price considered too high
The sale of the Argentinean cement major Loma Negra, being coordinated by JP Morgan, is not defined yet, and among the prospective buyers are Camargo Correa, Votorantim, and Cim...
Insurance firm challenges Union Cement purchase
A Philippine insurance company has asked the Securities and Exchange Commission (SEC) to reverse an earlier order exempting the sale of Union Cement Holdings Corp. (UCHC) shares...
Siam Cement Group targets customised products
The Concrete Products and Aggregate Co (CPAC), a ready-mixed concrete production unit of the Siam Cement Group, aims to increase its sales of customised products to 15 per cent ...
UAE Umm Al-Qaiwain Cement Industries
The net profit of UAE cement manufacturer Umm al-Qaiwain Cement Industries Company surged to 6.4 mln Kuwaiti dinars ($21.7m) for the first nine months of 2004 from 1.9 mln dinar...
Associated Cement Companies
The management of Associated Cement Companies (ACC) held a conference call to discuss their quarterly and half-yearly results. The company mentioned that it owed its good perf...
Philippine Republic OKs Cement Co Acquisition
Republic Cement Corp said its stockholders have approved the acquisition of Continental Operating Corp. Continental is the local cement unit of Republic Cement shareholder, Lafa...
Indonesia’s Gresik expects audited results soon
Indonesia’s largest cement maker, PT Semen Gresik, said on Thursday it expected to report its audited consolidated results for 2002 and 2003 by the end of this month, afte...
Holcim CEO sees further consolidation in cement sector
Holcim Ltd CEO Markus Akermann predicted a new round of consolidation in the cement industry, spurred by buoyant growth and revived profitability. But Markus Akermann, chief exe...
Birla back in black
The Birla Group flagship, Birla Corporation Ltd, is back in black with a net profit of Rs13.38 crore for the quarter to September 30, 2004. The company posted a net loss of Rs8....
CRH talks to JP Morgan analysts
Reporting from a recent Dublin meeting with JP Morgan analysts, they note that although CRH did not talk about current trading as such, they believe the overall tone was that th...
Vicat Posts higher Q3 turnover
French building materials supplier Vicat SA posted a Euro 432.56m turnover for the third quarter of 2004,
Gezhouba Group earns US$1.89m
The Shanghai-listed Gezhouba Group Corporation reported main business revenues of RMB 467.14m (USD 56.42m), with total net profits of RMB 15.62m (USD 1.89m) in the third quarter...
St Lawrence Cement Greenport project
St. Lawrence Cement has been engaged for the past several years in the process of obtaining the necessary permits for a replacement cement plant in Greenport, New York. The prop...
St Lawrence Cement Group Third Quarter Results
St Lawrence Cement Group reported sales of $428.6m for the third quarter ended September 30, 2004, compared to $401.3m for the same period last year, an increase of 7 per cent. ...
Foreign firms to supply equipment for Vietnam plant
The Vietnam Construction Import-Export Corporation (Vinaconex) has signed a contract with five foreign entrepreneurs to supply equipment and technical services for the Cam Pha C...
Lafarge NAmerica reports lower Q3
Lafarge North America late Tuesday reported third-quarter earnings of $165.6m, or $2.16 a share, compared with $225.3m, or $3.07 a share, last year. The construction materials s...
Holcim 3Q Net Profit Up 31 per cent
Holcim said Wednesday that its third quarter net profit rose 31 per cent, propelled by strong demand and cost-cutting measures, and repeated its upbeat full-year outlook. Net pr...
Director of Tampico Port dismissed
The Director of Tampico Port, Rafael Meseguer Lima has just been dismissed from his position. Manuel Flores Guerra, an outsider from Tamaulipas State now occupies the position. ...
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