Chilanga Shareholders reject K60 dividend
CHILANGA Cement Plc shareholders last Friday rejected a K60 dividend offer arguing for an amount that reflected the company’s good performance for 2003. But the dividend w...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Boral marks time for AdBri
Boral is expected to extend its A$1 billion-plus takeover offer for cement maker Adelaide Brighton by another month to close probably by early May. This is because the competit...
Under pressure
The turmoil in which the Capes were navigating for two weeks seemed to calm down but by the end of the week the overall activity started to slow down again. Despite the Atlantic...
Ndola Lime bids opened
The Zambia Privatisation Agency (ZPA) opened bids for Ndola Lime Company (NLC) yesterday with three foreign and two local firms expressing interest to have a 30 per cent stake i...
Cement sales grew one percent last year.
However, some cement companies have been less optimistic. PT Indocement Tunggal Prakarsa Tbk Indonesia’s second largest producer, has said it expects another year of flat ...
Ndola Lime bids opened – bottom daily
The Zambia Privatisation Agency (ZPA) opened bids for Ndola Lime Company (NLC) yesterday with three foreign and two local firms expressing interest to have a 30 per cent stake i...
Cement sales grew one percent last year.
However, some cement companies have been less optimistic. PT Indocement Tunggal Prakarsa Tbk Indonesia’s second largest producer, has said it expects another year of flat ...
Indonesia Feb domestic cement sales up 20 per cent YoY.
Indonesian domestic cement sales jumped 20 per cent to 2.04Mt in February compared to the same month last year, the country’s largest cement maker said.
Lafarge to Build a new production line in Bouskoura, Morocco
Lafarge has today announced th edecision by Lafarge Ciments (Morocco), its 50 per cent subsidiary, to build a new production line in Bouskoura, Morocco, to increase the cement ...
Buzzi Unicem’s balance sheet
On turnover 1.2 per cent lower at €1461m, Buzzi Unicem’s operating profit at the EBITDA level declined by 5.9 per cent to €433.9m in 2003. Adjusting for the weakness in the US...
UK – Environment Agency seeks views substitute fuel regulations
The UK Environment Agency has launched a consultation to seek views on proposed revisions to the way it regulates the use of substitute fuels in cement and lime production.
Vietnam demand estimates
Production units of the Vietnam National Cement Corporation (VNCC), joint ventures, and local cement plants and clinker stations are now running at full capacity to meet expecte...
Largest GLCC put into production
On March 18, Guizhou Lanhua (Orchid) Cement Co, Ltd (GLCC), the largest cement enterprise in Guizhou, China, put its first product line into production in Qingzhen of Quizhou. A...
Cementos Bio Bio 2003 net profit up
Chile’s Cementos Bio Bio posted a 20bn peso (US$32.4m) consolidated net profit in 2003, a 32.8 per cent jump from the year before, Bio Bio said in a statement to the count...
Holcim announces intention to buy
Holcim Investments has announced its intention of buying the remaining 6.57 per cent of the corporate capital of Holcim Apasco in order to become 100 per cent owner of its Mexic...
Dyckerhoff plans to sue Cartel Office
Dyckerhoff AG is planning to take the German Cartel Office to court for conducting a raid in its offices three weeks ago, chairman Wolfgang Bauer said in an interview to be publ...
Pakistan company to export cement clinker
Attock Cement Ltd and the Commodity Company of UAE have signed an agreement for the export of 40,000t of cement clinker from Pakistan for UAE and Qatar markets, a press release ...
Jordan – No decision on petcoke use yet
Minister of Environment Alia Bouran has denied reports that the government will allow Jordan Cement Factories Company (JCFC) to use petcoke in its cement production process.
USA – Public comments due for Holcim’s Ste Genevieve plan
On Monday, 30 March, local area residents will be able to comment on Holcim’s plan to build a 4.4Mt cement plant in Ste Genevieve County. The Missouri Department of Natural Reso...
UK – Greenhouse gas levels still increasing
As more coal was burned in power stations and electricity imports from the continent fell, the Scotland increased its carbon emissions by 1.5 per cent between 2002 and 2003. How...
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