French banks fund equipment imports
Sociéte General SG and BNP Paribas of France yesterday signed a credit agreement with the Vietnam Construction Im-Export Corporation (Vinaconex) in Hanoi to finance equipment im...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Saudi Tabuk Cement Co
Saudi cement producer Tabuk Cement Company (TCC) posted a net profit of 95.7 mln Saudi riyals ($25.5m) for the first nine months of 2004, up from 55.8 mln riyals ($14.9m) in the...
Cement boss hits back
Lafarge Cement in the UK has hit back at claims burning Recycled Liquid Fuel in Westbury will create an environmental wasteland. The firm reacted angrily to Monday night’...
Morgan Stanley to invest US$50m in china cement plant
Morgan Stanley, one of the world’s leading investment banks, has reportedly signed an agreement to invest US$50m in a joint venture with local cement producer Jinan Shansh...
Gujarat Ambuja plans captive agro-fuel based power plants
GUJARAT Ambuja Cements Ltd is setting up two captive power plants, a 24 mega-watt plant in Punjab and a 60 MW plant in Gujarat that would run on both coal and agro-based fuels. ...
UltraTech Cement to step up exports
ULTRATECH Cement will increase its cement and clinker exports to 4Mt this financial year, up from 3.5Mt during the previous fiscal, said Mr Kumar Mangalam Birla, Chairman UltraT...
Portland cement and clinker from Mexico
The US Department of Commerce is extending the time limit for the final results of the administrative review of the antidumping duty order on gray portland cement and clinker fr...
Unknown fate for Cement Corp factories
Despite a history of riots, worker deaths and a clamour for voluntary redundancies, Indian state government is unmoved to privatise three factories of Cement Corporation: Dala, ...
Cemex: Mexican margins down
For the first nine months of 2004, Cemex increased its operating profit at the EBITDA level by 19.1% to US$1,873.14m, with the trading profit (EBIT) pushing ahead by 25.7% to US...
New agency probe, UK
A series of complaints about malfunctions at Rugby Cement, which apparently caused dust to rain down on parts of Newbold, are being investigated by the Environment Agency. Seve...
Mixed reception for cement fuel rules, UK
Cement producers have labeled new Environment Agency rules on using alternative fuels in cement kilns a "mixed bag" They claimed that revisions to the Substitute Fuels Protocol ...
St Lawrence seeks to lower emissions, USA
St Lawrence Cement, which has been seeking permission to build a cement plant on the Hudson River for the past five years said it will propose lowering the plant’s air emi...
Ivano-Frankivsktsement increases production, Ukraine
In January-June, the Ivano-Frankivsktsement company, ranking among top five cement producers, increased cement production by 3.5% or 8,700t compared with the same period of 2003...
Grinding plant underway, Vietnam
Donafrance, a venture between Lafarge and Vietnam’s Doan Duc Co., started building a cement grinding plant yesterday in Nhon Trach District of Dong Nai Province. Construc...
GCC net profit falls 15%, Mexico
Mexican cement maker Grupo Cementos de Chihuahua reported a MXP196m (US$17mn) net profit in the third quarter this year, down 14.9% from 3Q03, the company reported. Operating pr...
L&T officially becomes UltraTech Cement, India
L&T Cement will now be sold as UltraTech Cement, the brand-name for products of the spun-off firm the Birlas bought from the engineering major. Kumar Mangalam Birla, who sits a...
Boral shares soften as construction activity slows, Australia
Shares in Boral Ltd softened today after it revealed its first quarter revenues hadn’t improved on last year, as the building products company suffers from a dip in Austra...
Taiheiyo ups H1 net profit estimate to Y4.5bn, Japan
Taiheiyo Cement Corp, said it now expects to post a first half to September parent net profit of 4. 5bn yen, higher than the 400m yen net profit seen earlier, citing the booking...
Contractors file cement claims
The UAE Contractors Association is to ask its 700 members to submit claims for losses due to high cement prices in the local market, reported Gulf News. Officials said once the ...
French loan to help Vietnam project
HANOI, Oct 20 Asia Pulse - A cement plant will be built in the southern province of Binh Phuoc at cost of VND4.7 trillion (US$302m), $150 million of which will be loaned by the ...
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