Egyptian Suez Cement to get $5.0m enviro grant
Egyptian cement producer Suez Cement will receive a US$5.0m grant from the National Societe Generale Bank (NSGB) to upgrade the filters of its cement plants, it was reported on ...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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PPC sees local growth
Listed cement producer Pretoria Portland Cement Company (PPC), is expecting local cement demand to show growth of four per cent to five per cent in the year ahead
Eco-cement to hit CRH profits
CRH stands to lose Euro10m a year as a result of new government measures to make up to 25 per cent of all cement used in state-funded projects more environmentally friendly.
Feldschuh named head of Nesher
Yoel Feldschuh has been appointed CEO of the Nesher cement monopoly. The firm’s board of directors has approved the appointment, and Feldschuh will take over on February 2...
Gujarat Ambuja to expand capacity
India’s fourth largest cement manufacturer, Gujarat Ambuja Cement Limited, is going in for capacity addition either through fresh acquisition or brownfield expansion.
Benue Cement change
President of Dangote Group, Alhaji Aliko Dangote, has now taken over affairs of the ailing Benue Cement Company (BCC) Plc as the new core investor with a firm pledged to turn ar...
Moldovan Ciment gets special concession
Moldovan cement producer Ciment, owned by a French building materials group Lafarge, has become the first local company to receive a special electricity
Bidders For Portuguese Secil seek larger stake
Brazilian industrial conglomerate Votorantim, Italian diversified holding company Caltagirone and Irish industrial and trade group CRH which were shortlisted for the acquisitio...
Apasco net profit soars in 2003
Mexican cement maker Holcim Apasco saw operating profits reach 2.27bn pesos (US$208m) last year, a 17.3 per cent jump over 2002, while fourth quarter profits were up 7.0 per c...
Siam Cement net Q4 seen robust
Thailand’s biggest industrial conglomerate, Siam Cement PCL, is expected to cap one of its best years by posting sturdy quarterly earnings due to rising prices for its bui...
PSP Engineering wins Russian contracts
Czech firm PSP Engineering, has won several new orders in Russia. Czech firm PSP Engineering, has won several new orders in Russia
ACC Q3 net profits up 10.4 per cent
Associated Cement Companies Ltd, India, has posted a 10.4 per cent rise in net profit at Rs 223.2 million (US$4.91m) for the 3rd quarter ended December 31, 2003 as against Rs 20...
Ireland - €10m environment-friendly blow to CRH
New government measures to make up to 25 per cent of all cement used in public projects more environment-friendly could deliver a €10m blow to CRH. Draft proposals
USA – Holcim moving closer to Genevieve works
Holcim Inc was granted a draft clean air permit by the state’s Air Pollution Control programme for its proposed works just in Genevieve County.
Holcim announced a cash bid
Holcim has announced a cash bid for the 31 per cent minority in its largest profit earner, Mexican Holcim Apasco worth US$749m. Analysts at Merrill Lynch estimate Holcim is payi...
Boral acquires two Queensland concrete companies
Building products firm Boral, which is engaged in an A$840m takeover bid for cement and lime company Adelaide Brighton, has acquired two cement companies in Queensland. Boral sa...
Bankruptcy court delays compromise
A decision on a compromise over the restructuring of TPI Polene Plc has been postponed for three months in the Central Bankruptcy Court, pending a decision by Krung Thai Bank, o...
Baltsem boosts output
In 2003, Ukraine`s major producer of cement, the Baltsem plant, (Balakleia, Kharkiv region) increased its production volume by 19.1 per cent, or UAH 24.995 million, compared wit...
Yamamah profit rise
According to Riyadh newsources, the Yamamah Cement Company reported SR 386.6 million profits last year (US$103m) compared with SR 320 million in the previous year.
Diamond Cement expands
Diamond Cement Ghana Limited (DCGL) a cement company in Aflao, Ghana has stated that products of the company could be obtained from the Volta, parts of Greater Accra, Eastern an...
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