New row on tyre burning
UK Environment Agency bosses suspended the trials at Rugby Cement in Lawford Road, Rugby, last month after monitors showed the plant released high levels of particulates - chemi...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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ACC Minority Shareholders for Gujarat merger
The Associated Cement Companies (ACC) is increasingly coming under shareholder pressure to consider a possible merger with Gujarat Ambuja Cements Ltd (GACL). GACL, which holds a...
SeaCem turnaround
Southeast Asia Cement Holdings, Inc. (SeaCem) is optimistic it will make a turnaround this year through a share exchange agreement with Republic Cement Corp. Renato C. Sunico, S...
Boral buys Hanson’s Thai business
Boral Ltd has reached agreement with Hanson plc to acquire its interest in the Hanson ready-mixed concrete and quarry operations in Thailand for an enterprise value of around $U...
On the beach
French cement and concrete products company Lafarge has delivered 2000t of sand for the Paris-Plage project, set to run between July 21 and August 20, 2004, and which envisages ...
Indian cement firm expands capacity
The flyash based cement grinding production facility of Gujarat Ambuja Cements Ltd (GACL) at Ropar started operations last week to expand the company’s production by a mil...
Cementos Pacasmayo says no
Peru’s Cementos Pacasmayo said it had decided against proceeding with plans to build a cement plant in the US. "The subsidiary CEMPAC Materials LLC has decided to not con...
Cemex net profit falls
Cemex, the world’s No. 3 cement maker, on Friday posted a decline in net profit as a peso devaluation took the shine off improving operations, especially in the United Sta...
India’s rising exports
Demand for cement in the Arabian Gulf has opened up export market for units located in coastal areas with the export prices going up by 15 to 20 per cent over recent months. Min...
Malaysia YTL Cement to buy cement company stake
Malaysia’s YTL Cement said it plans to acquire a 32.10 per cent stake in cement manufacturer Perak-Hanjoong Simen Sdn. Bhd. for 75.25 million ringgit (US$19.8m). YTL Cemen...
Cemex’s Zambrano seeks acquisitions
Lorenzo Zambrano, chief executive of Cemex SA, the world’s third-largest cement maker, is shopping for acquisitions after a rebound in US and Mexican construction sparked ...
China’s Xinjiang Tunhe Investment
Xinjiang Tunhe Investment Co Ltd, one of the three listed companies under the control of embattled private investment firm Xinjiang Delong Group, and its subsidiary Xinjiang Tia...
Kesoram, Century to extend lifeline
Century Textiles and Kesoram Industries, both belonging to the fabrics-to-cement BK Birla group, will provide Rs 120 crore to sick group company Mangalam Cement to help it repay...
Saudi Arabian Cement Co H1
Saudi cement producer Arabian Cement Company (ACC) posted a net profit of 192 mln Saudi riyals ($51.2m) for the first half of 2004, up by 69.6 per cent year-on-year. ACC’...
Lafarge extends debt
The many bond buy-backs and exchange offers currently being offered were approaching completion yesterday, with Lafarge, the French cement producer, completing its offer to exte...
Akmenes Cementas Sales H1
The turnover of Akmenes Cementas, the only cement manufacturer in Lithuania, reached 45.9 million litas (13.3 million euros) during the first six months of this year, 28.9 perce...
SCC earnings remain strong
SCC is expected to announce impressive 2Q04 earnings results with a normalised profit of Bt6,008mn (EPS Bt5.01) down 16% qoq, but strongly up 71% yoy. These impressive earnings ...
Cyprus H1 2004
Cement sales in Cyprus totalled 761,400t in the first half of 2004, up from 630,900t for the same period of 2003. Cement sales on the island reached 151,200t in June 2004 alone...
Bamburi Profits Up 56 Per Cent
Bamburi Cement Company yesterday announced that its profits after tax had increased by 56 per cent over the past six months. Mr Didier Tresarrieu, the Managing Director, said u...
Profit clarification at TPI
TPI Polene Public Company Limited (TPIPL) would like to clarify net profit changes greater than 20% for the unreviewed financial statements of the Company for the second quarter...
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