CSR unlikely to pursue Adbri
CSR Ltd has indicated it is unlikely to pursue Adelaide Brighton Ltd after Boral Ltd’s takeover bid for the cement producer was rejected by the consumer watchdog.
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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New Zealand carbon tax ‘threatens cement industry,’ says Holcim
The Government’s proposed carbon tax could put the future of hundreds of jobs in the cement industry in doubt, Holcim says.
The Bulacan plant of Union Cement Corp. registered the highest sales of 36.12m bags.
Cebu-based cement producers recorded an 18.31% sales reduction to 46.34 million bags. Both Apo Cement Corp and Taiheiyo experienced cutbacks in sales while Lloyds-Richfield Indu...
The CeMAP figures cover consumption of local cement and cement imports.
Cement consumption of Luzon-based manufacturers remained unchanged in 2003 relative to the year-ago level of 194.40m bags, equivalent to 7.78Mt. Total cement sales in Luzon reac...
Cement consumption falls 3.82% in 2003, Philippines
Average consumption of cement in the country contracted last year on the back of a slump in the importation of cement during the period. Figures from the Cement Manufacturers&rs...
Chinfon receives licence for expansion
The Chinfon Cement Hai Phong Company has received licence from the government to invest another US$162m in a factory expansion.
Peruvian Cementos Pacasmayo net profit down to US$4.52m
Peruvian cement producer Cementos Pacasmayo has posted a net profit of PEN15.74m (US$4.52m) for the first quarter of 2004, compared to PEN16.3m soles for the same quarter of 20...
Cement shortages posing threat to US construction boom
The construction boom in the United States faces a potentially serious new threat from cement shortages, which began a month ago in Florida and are spreading to other states.
Government may further cut duty on imported cement, Philippines
The government may further reduce the duty on imported cement following the recent rise in prices of local cement, Trade and Industry Undersecretary Adrian Cristobal Jr. said.
Cement industry increases turnover in 2003
Peter Orisich, the chairman of the Austrian Cement Industry Association (VÖZ), announced to the press Tuesday that the Austrian cement industry had increased its turnover by fiv...
Cibinong reports loss of US$1.55m
Cement producer PT Semen Cibinong reported a loss of Rp14bn (US$1.55m) last year because of falling exports.
China’s cement output increases 23.8 per cent in 1Q
China’s output of cement reached 180.3Mt in the first quarter of this year, an increase of 23.8 per cent over the same period of last year, according to statistics from th...
Cement prices in UAE rise to US$65.3/t
Cement prices in the UAE increased by some AED40 (US$10.9) a tonne to AED240/t at the beginning of May 2004.
Cement demand in Spain at 15.3Mt Jan-April 2004
Cement demand in Spain stood at 15.3Mt in the first four months of 2004, up 3.3 per cent YoY, Spanish Cement Makers Association OFICEMEN said.
Juan Minetti Q1 net profit falls 55.8%
Juan Minetti, Argentina’s second largest cement producer, saw first quarter net profits drop 55.8% to 28.8m pesos (US$10m) from 1Q03 due to exchange rate differences, the ...
Tarmac: no more UK cement plant plans
Chief executive Robert Robertson says the £115m Buxton facility upgrade is final UK project. Tarmac has no plans for any further cement factories in the UK beyond the new £1...
Waiting for the upturn
The longer you can wait the more you win, could be the best way to describe charterers’ position this week on almost all dry bulk markets. No clear sign of any upward tren...
Turkish Cimentas hits all-time high exports of 900,000t in 2003
Turkish cement and clinker producer Cimentas achieved all-time high exports of 900,000t of cement and clinker in 2003. Cimentas exports exceeded its domestic sales in 2003, acco...
Iran increases cement output
Iran plans to increase its annual cement output by 2.4Mt to 34Mt in the current Iranian calendar year to March 2005, Iran’s Industries and Mines Minister, Eshaq Jahangiri,...
Kogi Acquires 30% of Cement Coy
In an effort to grease the wheel of industrial development in Kogi State, the State Government has acquired 30 percent equity shares in the Obajana Cement Company.
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