Cement News tagged: International
Florida Rock Industries, Inc announces 3Q results
Florida Rock Industries, Inc today announced net income of $36,054,000 or $.54 per diluted share for the third quarter of fiscal year 2007
Polpaico 1H07 profits drop 37%
Chilean cement producer Polpaico’s consolidated net profits fell 37.5% to COP6.32bn (US$12m) during
Eurocement to Invest $39mn in Maltsovsky Portlandcement
Eurocement Group will invest about RUR1bn (US$39m) to develop production at Maltsovsky Portlandcement in 2007-2008.
Govt probes high financing charges on cement industry, Philippines
Trade and Industry Secretary Peter Favila yesterday said he will validate the claim of local cement producers that high financing charges are responsible for the high prices of the construction materi
Cement shortage delays development projects in Sabah, Brunei
Development projects in the State are being seriously hit by a continued shortage of cement resulting in many developers incurring additional costs.
Indian cement prices aren’t done with rising, yet
Notwithstanding the action of Monopolies and Restrictive Trade Practices Commission (MRTPC) against
Taiwan Cement, Asia Cement do well in mainland China
The National Development and Reform Commission of mainland China predicted the prices for cement would continue to rise in the second half of this year,
India’s Binani Cement buys 49 per cent in Chinese cement plant
Binani Cement, part of the Rs 15bn (US$371m) Binani Group, announced it will acquire a 49 per cent stake in a cement plant in China from Shandong Rongan Group.
Meeting on ways to develop the cement industry of Belarus
On July 24, 2007 the President of the Republic of Belarus, Alexander Lukashenko, held a meeting focused on the development of the Belarusian cement industry, reported the Presidential website www.pres
Sales of cement increase in Venezuela
Sales of cement in Venezuela increased 23 per cent during the first half of 2007.
Key shareholders consider selling stake in Iskitimcement
Eduard Taran, the key shareholder in Siberia-based RATM Group, discussed the details of a proposed cement holding to be built around Iskitimcement (ISKC), the group’s main asset.
Siam Cement Group set to increase its investments in R&D
The Siam Cement Group (SCG) plans to invest heavily in research and development (R&D) to make it the country’s largest unit, said Kanokrot Phalakornkul, director of SCG’s Corporate R&D and
IDFC to buy 6.6% in Andhra Cements
Infrastructure Development and Finance Corporation (IDFC) is to acquire a 6.55% stake in Andhra Cements to help
Go-ahead for cement merger
The Protection of Competition Committee yesterday gave the green light to the Cyprus Cement Company and the Vassiliko Cement Company to merge, saying the merger was compatible with competition rules.
Lafarge to invest EUR38.3m in upgrading Ukraine works
Lafarge is to invest EUR38.3m in upgrading the Mykolayivtsement cement works in Lviv region, a statement released by the company says.
Titan’s Florida problems mount, Albanian tender announced
Titan’s turnover in the first half eased by 1.0% to EUR757.3m because of the drop in the United States, but the EBITDA still improved by 3.4% to EUR221.8m.