Europe – Saving energy-intensive industry billions
Next month, the European Union (EU) is expected to approve the “linking directive”, an amendment to its emissions trading scheme (ETS) that has the potential to save energy inte...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
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Indonesia’s Semen Gresik delays audit report
PT Semen Gresik said it will delay releasing its 2002 and 2003 consolidated financial reports by six months to after this September due to a request to widen the scope of a spec...
TPIPL changes strategy, seeks guarantee for bonds
TPI Polene Plc (TPIPL), the country’s third largest cement producer, said yesterday it plans to ask Krung Thai Bank Plc to be the guarantor for its planned issuance of bon...
Three arrested for cement scam
Indonesia: The Bogor Police have arrested three men on suspicions of selling bulk, low-quality cement packed in original sacks marked with the logos of major cement makers Tiga ...
YTL buys back 2.6m shares
YTL Power International Bhd told the Stock Exchange it had bought back 2.6 million of its shares on Wednesday, all of which are retained in company’s treasury. It paid b...
Plan to combat pollution rewards the ’dirty’
An Irish government scheme to combat global warming is self-defeating because it rewards "dirty firms" and encourages them to stay in business, an Economic and Social Research I...
China counts economic costs of water shortages
Water tables are falling. Rivers run black with effluent. Cities are slowly sinking into their foundations and acid rain falls across almost a third of China’s land area. ...
Indocement’s debt continues to fall
Cement and clinker sales by Indocement, the second largest cement producer in Indonesia behind Gresik, declined by 3.9 per cent last year to 11.02Mt. Although the Indonesian ce...
Spring melt opens Detroit to cement traffic
The bulk carrier Capt. Henry Jackman complete with about 28,000t of clinker arrived at Detroit, Michigan. Its arrival marks the unofficial start of the Great Lakes shipping seas...
HeidelbergCement’s EBITDA falls
On a turnover falling 3.0 per cent at €6372m, HeidelbergCement operating profit at the EBITDA level fell by 10.7 per cent to €1024m, with trading profit 21.8 per cent lower at €...
FCB-Ciment
FCB-Ciment (France), the subsidiary fully devoted to Cement Industry of the FIVES LILLE Group, has signed in January 2004 a contract with Lafarge Cementos SA de CV, the Mexican ...
Ciments du Maroc profits at $92.8m
Moroccan cement company Ciments du Maroc saw its operating profit rise by more than 32 per cent year-on-year in 2003 to reach 827 mln Moroccan dirhams (US$92.8) the company&rsqu...
Investors snap up US$27m Soboce bonds
Soboce, Bolivia’s leading cement producer, has sold US$27m of a US$35m bond issue within the first two days, Los Tiempos reported. The issue was launched Monday to raise f...
Italy Cementir
Net financial position of Italian cement company Cementir, a unit of Italian construction company Caltagirone, totalled Euro 112.7m on December 31, 2003, up by some Euro 35.9m. ...
Texas Industries posts profit on steel strength
Building materials supplier Texas Industries Inc on Thursday posted a quarterly profit, reversing a year-earlier loss, as prices and shipments of steel increased. The Dallas-ba...
Argos: US$10m improvement program
Colombian cement company Cementos Argos is to continue a reorganization program to obtain synergies and better coordinate activities of its constituent companies, company presid...
Albania – Elbasan Cement ordered to close
The Albanian government has ordered the closure of Elbasan Cement Factory, along with two other industrial plants, due to its environmental concerns as well as fining each company
Cletec Japan to offer bridge repairs using German method
Cletec Japan Inc. plans to begin accepting orders for bridge repairs using a German company’s cement technology that is said to be twice as fast and twice as strong as con...
North Korea stunted by power shortages
A North Korean government report to parliament in Pyongyang indicates that the communist state is still suffering from acute power shortages as it claws its way back from econom...
Corporacion Noroeste to keep expanding
Corporacion Noroeste, the Spanish subsidiary of leading Portuguese cement producer Cimentos de Portugal (Cimpor), plans to carry on expanding this year in the Spanish autonomous...
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