Lafarge: more Romanian investments
Lafarge has said it planned to invest Euro 4.0m in its operations in Romania this year, local news sources reported. Lafarge will invest Euro 2.0m in aggregate production and an...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
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Portugal Q1 2004 cement sales down
Cement sales in Portugal fell 2.0 per cent to 2,043,600t for the period January to March 2004, data from the country’s Association of Building and Public Works Companies (...
US cement shortage - Bush to invade China?
A cement shortage that has hammered much of the Southern US States could be migrating north and driving up the price of concrete. The shortage has been acute this spring in Flor...
TPI cement price trends
Prachai said it is asking state-owned Krung Thai Bank Plc to guarantee its planned debentures of around $600 million for debt refinancing. TPIPL wants creditors to waive about $...
Lafarge Malayan sees low demand growth
Lafarge Malayan Cement expects cement demand growth in the country to fall to low single-digits from about 20 per cent last year, due to the slowdown in construction activities ...
ACCC to oppose Boral takeover
The Australian Competition and Consumer Commission would oppose the proposed acquisition by Boral Ltd of Adelaide Brighton Ltd, ACCC chairman Mr Graeme Samuel said today. "The ...
EU – Closing ETS loopholes
European regulators are concerned that EU governments may soften the blow of emissions trading on certain energy and manufacturing companies by allocating them pollution permits...
Going strong but no storm yet
After the strong correction recorded last week on all dry bulk markets and as expected by most players the overall situation stabilised over the last five trading days. Capes co...
German cement prices
Both HeidelbergCement and Dyckerhoff expect cement prices this year to show an increase on average of between €10 and €12 per tonne over 2003 and an effective price at the end o...
Dyckerhoff sees benefits of Buzzi-led restructuring
The first quarter results from Dyckerhoff, now a subsidiary of Buzzi Unicem, show a 20.1% fall in turnover to €203m, but excluding changes to the sphere of consolidation, notabl...
HeidelbergCement’s numbers boosted by Indocement
HeidelbergCement has reported a 10.2% increase in turnover to €1,347m in respect of the first three months of 2004, with the operating profit at the EBITDA level advancing by 12...
Ravena US overhaul
When Atlantic Cement Co finished the Ravena facility in 1962, it was the largest ever built in the US. Many local people know the plant because of the conveyor system that passe...
Thai TPI Polene On debt deal talks
Thai cement maker TPI Polene PCL said it will hold talks with its creditors Friday to discuss an amendment of its debt restructuring plan, which involves refinancing its $1.1 bi...
Kuwait Portland Cement
Kuwaiti cement trader Kuwait Portland Cement Company posted a net profit of US$5.6m for the first quarter of 2004, down from US$12.1m in the same period of 2003. Earnings per s...
Portugal Cimpor To Increase Output by 44 per cent
Portugal’s cement producer Cimpor expects to increase its output by 44 per cent, up to 31.8Mt of cement by 2008. Cimpor plans to acquire companies abroad that are expecte...
Italy Cementir Plans Acquisitions in Turkey, North America
Italian cement company Cementir, a unit of Italian construction company Caltagirone, plans future acquisitions in Turkey and North America, the company’s president Frances...
ABB gains new Iranian orders
The Swiss unit of Swiss-Swedish electrical engineering company ABB received two orders for SFr33m ($25.34m) in Iran, ABB Schweiz said on May 10, 2004. ABB Schweiz will supply t...
Garadagh profits
The undistributed profits of Garadagh Cement reached AzM 42055.944 mn last year as against AzM 13814.076 mn by the beginning of last year, Azer-press learned from representative...
Lafarge sees more China opportunities
Lafarge wants to invest more in China and thinks Beijing’s efforts to cool the booming industry could allow it to buy more factories, a company executive said on Tuesday. ...
Wienerberger makes a good start to the year
In the first quarter of 2004, turnover at Wienerberger AG rose by some 15% to €312.3m and the EBITDA emerged around 30% higher at €51.9m, in spite of negative exchange rate effe...
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