Eurocement gains
In the first two months of this year, the Eurocement holding company produced more than 728,000t of cement, up 11.4 per cent year-on-year. In the period, bagged cement producti...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
Sales in Peru
Domestic sales of cement in Peru grew by 5.3 per cent in February, to a total volume of 320,283t, according to the industry association, Asocem (Asociacion de Productores de Cem...
Italcementi, CNR Join European Research Project
The technical centre of Italian cement producer and distributor Italcementi Group and the IT institute of the Italian National Research Council (CNR) have joined a 3.4 mln euro ...
FLSmidth, Algerian ACC sign equipment contract
Danish cement and mineral processing equipment maker FLSmidth signed a 56 mln euro ($68.7 mln) contract with Algerian Cement Company (ACC) for the delivery of cement production...
Beni Suef losses
Egyptian cement company Beni Suef Cement reported a net loss of 318.8m Egyptian pounds (US$51.7m) for 2003, up from 84.92m pounds (US$13.8m) in 2002. The wider net loss came de...
Merrill initiates Chia Hsin coverage with "buy"
Merrill Lynch on Wednesday initiated coverage of Taiwan’s third largest cement maker Chia Hsin Cement Corp with a "buy" recommendation saying it was leveraged to growth op...
YTL firms prices higher
The shares of four YTL companies closed sharply higher on March 24 after they announced to split their shares. YTL e-Solutions Bhd was among the day top gainers, rising 41 sen ...
TPI Polene plans to sell more bonds
Thailand’s number three cement maker, TPI Polene PCL, said on Wednesday it is considering a plan to sell US$650m of bonds to refinance existing debts. The bond issue woul...
HeidelbergCement to pay Euro 1.15 dividend
The supervisory board of German cement concern HeidelbergCement approved a proposal for a 1.15 euro ($1.42) per share dividend payment for 2003 after waiving dividends for 2002,...
Cement production records double digit growth in February
The Cement Manufacturers’ Association (CMA) announced that domestic cement output recorded 10.84 per cent growth to 10.33Mt in Feb 2004. Cement despatches were higher by 1...
Indocement reports slump in 2003 net profit
Indonesia’s second largest cement maker PT Indocement Tunggal Prakarsa reported a net profit of Rp670 billion (US$78.8m) in 2003, down from Rp11,041 billion in the previou...
Lafarge To Acquire Hupfer Holding
Lafarge has signed an agreement with the Haniel Group for the acquisition of Hupfer Holding, a major aggregates and ready-mix concrete producer in the East and the Center of Fra...
UAE Sharjah Cement posts profits
UAE cement producer Sharjah Cement and Industrial Development Company posted a net profit of US$15.5m for 2003, up from US$3.9m in 2002. Earnings per share stood at The company...
Shortage of sand in Korea
As part of efforts to cope with a shortage of construction sand and aggregates, the South Korean government is planning to make recycling of aggregate mandatory, the Ministry of...
Gansu Qilianshan Cement
Shanghai-listed Gansu Qilianshan Cement Co has reported earnings per share of 0.115 yuan for the accounting year of 2003 ended Dec. 31, down from 0.12 yuan for the previous year...
No major pick-up as yet
The downward trend that the market has been feeling since the middle of last week, mainly due to congestion and force majeure problems in Australian ports and a slow start to th...
Heidelberg Cement results preview
HeidelbergCement will publish FY03 results on Thursday 25 th March 2003 and will hold an analyst meeting in Frankfurt. 2003 sales, already disclosed in February, fell 3 per cent...
Maine legislator joins plant protest
Adding to the inter-state opposition to St. Lawrence Cement’s plans to build a cement plant in Hudson, the majority leader of Maine’s Senate, Sharon Anglin Treat, ha...
Cement consumption in Pakistan
The consumption of cement in Pakistan is likely to increase to the mark of 13.02Mt by next year due to increased construction activity. According to cement industry sources, in ...
Price rise problems
India real estate builders could be heading towards tougher times with prices of steel and cement flaring up. As per a Confederation of Real Estate Developers Association of Ind...
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
