Philippine Fortune Cement
Philippine-listed Fortune Cement Corp said its stockholders` equity has returned to positive at the end of 2003 after settling convertible loan notes last year. Fortune assured...
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RMC Analysis
Selling much of its stake in Australian subsidiary ABL to Boral and others, UK-based RMC looks to be managing its affairs better than previously expected. Merrill Lynch takes a ...
J&K cement to expand capacity
J&K Ltd is planning to expand the capacity of its existing plant in Jammu by 600tpd involving an outlay of Rs 64.16 crore. Of the Rs 64.16 crore, the Planning Department has al...
Turkey cement output
Turkey`s cement output increased to 26,946,360t between January and September 2003, up by 6.07 per cent year-on-year. Factories in the northwestern Marmara region produced 7.63...
Holcim`s Particim cuts Cimpor stake
Holcim AG`s Particim subsidiary further reduced its stake in Cimpor Cimentos de Portugal SA to 0.62 per cent by selling 20.000 mln shares to C+PA - Cimento e Produtos Associados...
Spanish bonemeal
Valencia region, eastern Spain, used 75 per cent of the bonemeal made in the region as a fuel for the cement industry in the region, a representative of the Local Government, Ra...
Chilanga Cement has the capacity
Importation of cement into Zambia will only be allowed when there is a production shortfall at Chilanga Cement Plc, Ministry of Commerce, Trade and Industry permanent secretary ...
Siam Cement needs projects
Siam Cement, Thailand`s largest cement producer and distributor, has urged the government to speed up work on infrastructure projects planned for this year so that the cement in...
Spain – Cement plants burn 75 per cent of Valencia’s bonemeal
The region of Valencia, eastern Spain, burns 75 per cent of its bonemeal production in cement plants – the highest in Spain, according to local government representative, Rafael...
UK – Court rejects superquarry plan
Plans for a 600ha ‘super quarry’ at Lingerbay, Harris have received a setback for cement producer Lafarge as the Court of Session rejected the plans.
Hudson plant debate
The longstanding debate over St Lawrence Cement`s proposal to build a US$320 million cement plant about 20 miles from the Connecticut border in New York continues. Currently, th...
Votorantim denies cartel accusation
The chairman of the Brazilian Votorantim` board, Antonio Erminio de Moraes, counterattacked the accusations of cartel in the cement segment. The Secretariat for Economic Rights ...
AdBri delisting plan
Boral will seek to have Adelaide Brighton delisted from the Australian Stock Exchange if its $A840m takeover bid succeeds. The Australian building products group is offering
India Cement Companies raise prices
MUMBAI (Dow Jones)--Indian cement producers have raised prices in Mumbai by an average of 10 rupees ($1=INR45.57) per 50kg bag to INR165 per bag, due to growing demand
Freight rates hamper cement exports
The surge in shipping freight rates has hindered the exports of cement and clinker from the country. Cement producers would have exported much more but for the rise in freight r...
Govt. slaps 25.8% duty on cement imports.
Jamaica`s government has approved a 25.8 per cent duty increase on imported cement, which pushes the total duty to 40.8 per cent. The Anti-Dumping and Subsidies Commission recom...
Egyptian Cement Output
Egypt`s cement output stood at 2.449Mt in September 2003, down from 2.739Mt in August 2003, the Central Bank of Egypt (CBE) said. Local cement sales stood at
Cement sales up 11 per cent.
Cement sales in Bolivia to October 2003 are 11 per cent higher than for same-period 2002, according to national statistics institute INE and the country`s cement and concrete in...
Nigerian WAPCO seeks $290m
Nigeria`s largest cement maker WAPCO said on Tuesday it wanted to raise 40 billion naira (US$290m) through a combination of medium-term debt and a rights issue to restructure it...
China`s Huaxin Cement to buy stake in Suzhou Jinmao Cement
Huaxin Cement Co Ltdsaid its shareholders agreed to buy a 51 per cent stake in Suzhou Jinmao Cement Co Ltd from two companies.
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