FLSmidth wins a further Iranian order
FLSmidth has landed another large order in Iran. This one is for a new cement production line for Shahroud Cement Company which is located about 400 km east of the capital of Te...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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FLSmidth to construct Pakistan’s largest cement production line
FLSmidth has signed a contract worth EUR60m for the supply of a new plant to DG Khan Cement Co Ltd, which is owned by one of Pakistan’s largest industrial groups – Nishat Group....
Syrian Rastan registers US$4.8m sales Jan-May 2004
The Syrian Rastan Company for Cement & Building Materials, located in Rastan in the western Syrian governorate of Homs, registered US$4.8m worth of sales for the first five mont...
Siam City Cement names top exec
Siam City Cement, has appointed Leo Mittelholzer as managing director, replacing Vincent Bichet, who has moved to head Holcim’s unit in France. Siam City Cement is schedu...
Katavsky Cement Posts highest production growth
In a rating quarterly compiled by Russian Focus, Katavsky Cement tops the list of leading construction companies by production growth rates. In the first five months of this ye...
Indian cement prices may rise
Local cement companies are looking at hiking the price of a 50kg bag by Rs 5 from July 1 on account of a rise in coal prices and increased freight rates. Although cement majors...
Carmeuse to buy Romanian limestone plant
Carmeuse Central Europe, a unit of Belgium’s limestone producer Carmeuse, plans to expand its Romanian operations by acquiring the limestone plant Romcif from Germany&rsqu...
Dutch ENCI to reorganise
The ENCI works in Maastricht, southern Netherlands, will shortly start a large-scale reorganisation, it was reported on June 29, 2004. Forced redundancies are not to be ruled o...
Cemex to resolve Bogota dispute
The dispute between Cemex and the administration of Bogota city, Colombia, regarding a pledge for Cemex to indemnify Bogota for the damages caused by bad quality cement supplied...
Juan Minetti pays creditors US$13m
Juan Minetti, Argentina’s second largest cement producer, and controlled by Holcim, has paid bank and financial creditors some US$13m as part of a debt restructuring, Mine...
Lafarge lengthens debt maturity
Lafarge, joined the list of companies taking advantage of historically low interest rates to lengthen the maturity on its debt on Tuesday, as the company offered to buy back up ...
Boral gains a swift hearing
Building materials major Boral has secured an expedited hearing for its court battle with the competition watchdog over its $1billion dollar-plus takeover bid for cement rival A...
Semen Gresik’s predicament
The predicament of publicly-listed PT Semen Gresik, which is now in an arbitration process at the International Center for Settlement of Investment Disputes in Washington, took ...
US builders ask for help
The nation’s builders are urging the United States government to eliminate obstacles to importing cement from Mexico to help alleviate a shortage that has delayed home bui...
Qatar’s cement imports increase
The Qatar National Cement Company (QNCC) has decided to increase the import of cement. Three consignments aggregating to over 60,000t each are expected to reach Doha next month....
Nordic Capital linked to Aalborg
Nordic Capital, the Swedish private equity firm, is in talks to take over Aalborg Portland, from FLS Industries, according to Scandinavian news sources. FLS has been preparing t...
HK Shui On to buy Yunnan stake
Shui On Construction and Materials Ltd, Hong kong, said Monday it has signed an agreement to buy an 80 per cent stake in cement maker Yunnan Cement from state-owned firm Yunnan ...
Record year for Trinidad Cement
2003 was a record year for Trinidad Cement Limited, (TCL), setting a new sales record for cement in all three territories in which it operates. The group sold some 1.697Mt of c...
Athi River research deal
Jomo Kenyatta University of Agriculture and Technology (JKUAT) and Athi River Mining (ARM) have entered into a partnership to undertake research on concrete development technolo...
Buzzi Unicem approves EUR206m capital hike
The board of directors of Italy’s Buzzi Unicem has approved a capital increase of EUR206m (US$250.4m).
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