Reconstruction of Hrazdan cement plant
This year owners (Mika Ltd) is starting the reconstruction of the Hrazdan Cement Plant in Armenia, reports the company’s president Mikhail Bagdassarov. The company will p...
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Empresas Melon increases profits
Empresas Melon, the Chilean cement holding company which is owned by Lafarge, reported profits of Pesos$16,630mil in 2003, an increase of 6.7 per cent on profits of Pesos$15,589...
Iranian cement industry set to be privatised
According to "Tehran Times", all governmental cement production units are to be completely privatized by the end of the Third FiveYear National Economic Development Plan on Marc...
Panamax down but Handy going strong
The dry bulk markets, with the exception of the HandyMax and Handysize sectors have seen some changes, especially the Panamax one, which lost some ground in the East, where the ...
Vietnam to import 4.5Mt of clinker
To meet the local demand for cement production this year, the country must import 4.5Mt of clinker, said the construction ministry. More than half of these imports will be
Mangalam cement sale close
The B K Birla group is close to finalising the deal to sell its 1.5Mta cement company, Mangalam Cement Ltd. The group is apparently at an advanced stage of negotiations with two...
No talks scheduled as cement workers picket
Workers at Hawaiian Cement are on their third and fourth days of the strike. Talks between managers and union negotiators broke off Saturday night. No new talks are scheduled fo...
FLS Industries sells aerospace subsidiary
Danish engineering and cement group FLS Industries signed a 350 mln Danish crown (US$59.9m) contract for the sale of its subsidiary FLS Aerospace with Swiss aircraft maintenance...
Indocement sees 2004 growth flat in election year
Indonesia’s second-largest cement maker, PT Indocement Tunggal Prakarsa Tbk, said on Monday it expected flat growth this year due to slack demand in an election year in th...
Lafarge Beton to announce a bid for PCLA shares
Lafarge Beton Bratislava, a minority shareholder in cement producer Povazske Cementarne Ladce (PCLA) has decided to announce a competing takeover bid for PCLA shares. This bid s...
Boral sees earnings up 20 per cent
Building products company Boral Ltd today said it expected 2003/04 earnings to be about 20 per cent higher than the previous year. The company, which is currently seeking to ta...
Australia – New Berrima to burn alternative fuels
Blue Circle Southern Cement’s works at New Berrima has submitted an application to burn used tyres, recycled oil and carbon dust. The use of alternative fuels would cut the curr...
Indian cement prices
Cement prices in the Hyderabad state are likely to go up by Rs 15 a bag by the first weekend of March. Amidst allegations of cartelisation, especially from the construction indu...
Gulf Cement revenues jump 31 per cent
The Ras Al Khaimah-based Gulf Cement Company earned revenues of U$67.4m last year, a 31 per cent increase over the previous year, according to its preliminary results. Higher s...
Kenyan distributors in plea over cement sales
Local cement distributors have appealed for President Kibaki’s intervention in the cements market to stop on-going monopoly. A spokesman for the distributors, Mr Paul Nju...
New plant for Azerbaijan?
Private Azeri investors plan to build a large cement plant in Gazakh, Azer-press sources claim following discussions at the Ministry of Economic Development. This private group...
Taiwan Cement posted highest domestic sales
Because of the implementation of the public construction projects and the revival of the construction industry, cement sales in the Taiwan market remained quite brisk in January...
Boral’s bid could be rejected
Boral’s A$840 million takeover bid for cement and lime producer Adelaide Brighton was on shaky ground, with the nation’s competition watchdog unlikely to give it the...
Cementos Caribe reduces its profits by 3.4 per cent
The Colombian company Cementos Caribe has reported net profits of 104,074 pesos (US$37.9m) in 2003, which is a fall of 3.4 per cent when compared with the 107,760 pesos (US$39.2...
Cemex inaugurates Pichilingue terminal
Cemex is inaugurating the Mexican Pichilingue Marine Terminal, according to the company¹s president in Mexico, Juan Romero Torres. Pichilingue is situated north of La Paz, at th...
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