Secil to invest in Outao Plant
Portuguese cement producer Secil will invest a total Euro 22m in its plant in Outao, south of Lisbon, it was reported on July 1, 2004. The investment will be directed for the e...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Indian cement makers want cuts
Indian cement manufacturers have asked the government to reverse last year’s hike in excise duty in its budget for the current financial year, which is due to be released ...
HeidelbergCement on target
German cement and building materials supplier HeidelbergCement AG will return to a net profit in the first half of this year, Chief Executive Hans Bauer told Dow Jones Newswires...
PPC gives good returns
South Africa: PPC has delivered a 140 per cent total return to shareholders over four years. The share price has rocketed from a low of R30,50 in 1998 to a record high of R155 t...
Pioneer Cement back into black
Pioneer Cement Limited, a unit of Noon Group of Companies, has recorded RS98.76 million gross profits during the quarter ended March31, 2004which is over30 percent of net sales ...
Cambodia crisis stalls Thai plans
Realizing that the cement market in neighbouring countries, especially in Cambodia, is excellent for its commerce, Siam Cement is having plans for greater investment to expand ...
Shui On eyes two more mainland plants
Shui On Construction and Materials is in talks to buy stakes in two state-owned steel and cement companies in Guizhou province.
Siam City reduces sales target
Increased oil prices have brought SCCC’s expenses up about ten per cent, but SCCC has determined to keep its ready-mix price at Baht1700 baht a tonne for the rest of this ...
ASEC Cement posts small profits
Egypt’s ASEC Cement Co, posted a net profit of E£3.55m (US$574,000) for the first quarter of 2004. The company’s operating revenue stood at E£160.51m, while the cos...
ING Bank reduces Cimpor stake
Dutch bank ING Bank reduced its stake in Portuguese cement group Cimpor - Cimentos de Portugal to 0.82 per cent of its total share capital, it was reported on July, 2, 2004. IN...
Pakistani cement sales jump
KARACHI: Cement sales have recorded a growth of 20 percent on year-on-year basis, as sales exceeded 13.6Mt during the last fiscal year. According to the data compiled by Pakista...
Grasim joins the top 10
KumarMangalam Birla, the chairman of the Aditya Birla Group, could not have hoped for a better birthday gift. Shortly after his 47th birthday in mid-June, the stage has been set...
Saint Gobain expanding in Russia
Saint Gobain Isover is more than trebling its capacity to produce insulation materials in Russia, where it is already the leading producer. This will take the form of an extens...
Buzzi Unicem to raise additional equity
Although Buzzi Unicem already has one of the strongest balance sheets among the international cement groups, it is planning to raise some €205m through a two-for-fifteen rights ...
Wienerberger moves into Russia
Wienerberger AG is investing €30m in a brick plant at Kiprevo, in the Russian province of Vladimir, some 130 km to the north of Moscow. This represents the world’s leading bric...
Lafarge expands in China
Lafarge has undertaken to moves to strengthen its cement interests in China. The first involves the building of a second production line at its Dujiangyan works. This US$58m i...
RMC is closing Westphalian kiln
The RMC Group is splitting out its cement operations from its geographical management structure to be run as a separate business to include all of the group¹s cement manufacturi...
Hanson foresees lower first half profits
While the North American aggregates division has been trading in good markets overall, helped by better weather conditions in the east and higher cement deliveries in California...
Siam Cement eyes top spot
Kan Trakulhoon, the heir apparent at the Siam Cement Group, aims to turn the conglomerate into the No-1 player in Southeast Asia in all of its core businesses - reports The Nati...
Tyre burning halted
The Environment Agency has suspended tyre burning trials at a cement works, noting that emissions from Rugby Cement went over permitted levels for nearly three hours on Monday l...
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