Buzzi Unicem raises Dyckerhoff stake
Following Buzzi Unicem taking its voting stake in Dyckerhoff to 50.07% and thus majority control last month, both Holcim and Schwenk have now exercised their put options and sol...
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Italcementi sells 45.6Mt of cement in 2003
The Italcementi group generated a turnover of €4285m last year, an underlying improvement of 3.6% and up by a marginal 0.5% in absolute terms. The European Union accounted for ...
Ciments Français: 2003 Consolidated Sales
2003 consolidated sales amounts to Euro2898.9m, down 1.1 per cent compared with figures for 2002, but up +3.4 per cent on a like-for-like basisand at constant exchange rates.
For he is an Englishman!
Holcim’s Board of Directors of Holcim Ltd has passed a resolution to appoint Tom Clough to the Executive Committee. Tom Clough is currently CEO of the Indonesian Group com...
Romanian Holcim improves
Romania cement maker Holcim says 2003 turnover 13 per cent higher Romanian cement maker Holcim said its 2003 turnover had risen by 13 per cent year-on-year to Euro100m due to in...
Iran’s annual cement output at 30Mt
Iran’s annual cement output currently stands at 30Mt, the country’s Industry and Mines Minister Eshaq Jahangiri has announced. Private investors have also submitted...
’No Agenda’ Behind Rebranding of Alpha
ALPHA, one of SA’s three largest cement producers, says its R29m rebranding exercise is not indicative of intentions by its largest shareholder to up its stake in the Sout...
India cements prunes Q3 losses
India Cements Ltd has incurred a net loss of Rs37.24 crore on income of Rs285.30 crore during Oct-Dec 2003. The company had incurred a net loss
Gujarat Ambuja Cement looks at buy-back
Gujarat Ambuja Cements is considering exercising its call option for buying back nearly US$80m of its outstanding foreign currency convertible bonds (FCCBs). The company plans ...
Lucky Cement
Lucky Cement, Pakistan, is expected to announce its first-half FY04 results in next couple of weeks as the stock market has been reacting positively for the last few days in ant...
Germany – Industry voices objections over emissions trading plan
As Europe puts in place its emissions trading programme to put a cap on greenhouse gases, government announcements send waves throughout the region. After British industry voice...
Nigeria arrests suspects for fake cement
The war by the Standards Organization of Nigeria (SON) against fake products has paid off with the arrest of some suspects for allegedly re-bagging adulterated cement products, ...
Spassktsement ups output 23 per cent
Vladivostok: Spassktsement increased product output 23 per cent last year to 585,000t, report sources at Vostoktsement, of which Spassktsement is part.
Chekka residents’ worst pollution fears
Lebanon: Koura and Chekka residents have been complaining about rising air pollution levels for years. Despite a series of anecdotal accounts of respiratory diseases, residents&...
Minority shareholders in L&T raise objections
The minority shareholders of Larsen and Toubro Ltd have voiced their displeasure over the scheme of arrangement involving demerger of its cement business and moved five amendmen...
Aussi takeover hurdle
Australian building products ’minnow’ Barro Properties Pty Ltd remains tight-lipped about whether it will use its stake in cement
Kymore plant to go the conveyor route
By August 2004 ACC Ltd will have its 2.25Mta capacity cement plant commissioned at Kymore in Chhattisgarh, India. The entire quantity of limestone, an estimated
Tough Q4 gives Cementos Lima results dip
Cementos Lima has reported a net profit of 81.1mn soles (US$23.3mn) for 2003, down 4.7 per cent from 85.3mn soles in 2002,
Nova Cimangola to stop cement imports
The "Nova Cimangola" company, owned by HeidelbergCement will stop importing cement as from the second half of 2005,
Siam Cement subsidiary expands in Vietnam
Siam Refractory Industry Co, a maker of bricks and heat resistant castibles, and a subsidiary of Siam Cement Group, is
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