Plant problems lead to cement price surge
A 20 per cent drop in production by Union Cement Corp as well as the shutdown of Northern Cement Corp has caused a surge in cement prices in northern and central Luzon, the Depa...
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Cemex expects five per cent growth in US market
Mexican cement giant Cemex expects to increase its sales volume in the US market by five per cent, considering that growth for this segment has already expanded three per cent t...
Zambia – Cutting building costs
The University of Zambia’s Technology Development and Advisory Unit (TDAU) has developed a technology that could reduce the cost of making building blocks by at least 50 per cen...
BHA bought by GE
General Electric Co’s GE Energy division agreed to acquire BHA Group Holdings Inc., a provider of air-quality control products, for about $260 million. The $38-a-share acq...
Lafarge expects annual turnover increase
Lafarge expects to generate an annual turnover increase between 8.0 pct and 10 pct in middle term, the company’s managing director Bernard Kasriel said at the general sha...
Arabian Cement Co sells shares
Saudi cement producer Arabian Cement Company (ACC) has sold parts of its stakes in several local joint-stock companies, which has resulted in a profit of 72,149,160 Saudi riyals...
Cement manufacturers under further inquiry
Cement manufacturers are still in the spotlight of the German competition authority (Bundeskartellamt). The Bundeskartellamt recently conducted a search following tip-offs from ...
All change at Hanson
UK-based Hanson Plc will rebrand most of its Australian businesses, which include Pioneer cement, Hymix concrete and Besser bricks. Its Australian operations will adopt the Hans...
Leon cements his position
Chris Leon is the CEO of Cement Australia. On 2 June 2004, he celebrates the first anniversary of the merger that created Australia’s largest cement company. It is likely ...
Jurong Cement share premium overstated
An incorrect accounting treatment made in the 1997/1998 accounts has resulted in an overstatement of Sin$13.35 million in Jurong Cement’s share premium in associated compa...
Ghacem to produce limestone cement
With the support and co-operation of the government, Ghacem has secured a mining license to begin work on the limestone deposit in the Eastern Region. A spokesman said the compa...
Modest rise in May despatches
India’s cement majors have reported a moderate increase in dispatches of cement, year-on-year, for the month of May 2004. ACC reported dispatches of 1.40Mt for the month,...
RMC UK Cement Division brings logistics in-house
RMC UK Cement Division, part of the RMC Group, has made the decision to bring logistics in-house following a successful four-year partnership with TNT Logistics which has seen t...
UK Medway project put on hold
Lafarge Cement UK has confirmed that it is delaying the development of its new cement works at Snodland in the Medway Valley. Lafarge Cement managing director, Jean-Francois Sau...
Green light for CRH cement deal
CRH has received clearance from Brussels for its 372m euro tie up with the Portuguese cement maker Semapa. The deal will see the Irish firm operating three integrated cement uni...
Cemex eyes five per cent sales increase in US
Cemex expects US sales volumes to grow 5 per cent this year compared to 2003 thanks to highway, industrial, commercial and housing projects, El Norte quoted VP of corporate fina...
Inteco lady keeps on growing
Yelena Baturina, owner of Inteco corporation and wife of the Moscow Mayor, keeps broadening her business empire. Inteco recently bought a 100 per cent stake in Pikalovsky Cement...
Beat the monsoon
Cement prices have firmed up in the southern and western regions of India even as the monsoons are fast approaching. Andhra Pradesh has witnessed a significant `price correctio...
Cement consumption drops 10 per cent
Cement consumption in Brazil dropped 10 per cent in April to 2.67Mt compared to the ,month before, according to statistics released by the country’s national cement indust...
China’s output of cement in April
China produced 80,559,900t of cement in April 2004. The output in January-April reached 260,704,200t, up 21.3 percent year on year, according to the National Bureau of Statistics.
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