Cement News tagged: International
Lafarge boosts first quarter margins
Lafarge increased turnover by 6.2% in the first quarter of 2007 to EUR3,695m. The underlying EBITDA rose by 28.6% to €575m and the running profit before tax improved by 26.0% to €451m.
Australia Rinker Investors Hold Back From Cemex Bid
Rinker Group Ltd investors said Friday they are holding back from taking up Cemex’s US$14.25 billion takeover offer because they believe the bid undervalues Rinker with prospects of a recovery
Indocement plans US$75m capital expenditure this year
Indonesia’s second largest cement maker PT Indocement Tunggal Prakarsa (JSX:INTP) said it will spend up to US$75 million in capital expenditure this year.
Chilean cement maker Empresas Melon to be Lafarge Chile
After 100 years of presence at Chilean market, Empresas Melon to change its corporate identity and to be named Lafarge Chile.
St. Lawrence Cement Group Granted Leave To Appeal By The Supreme Court Of Canada
The Supreme Court of Canada has granted St. Lawrence Cement Group Inc. (ST.A.T) leave to appeal an October 2006 ruling in class action case involving the company’s Beauport, Que. cement plant.
Readymix says current yr starts satisfactorily, in line with prior year
Irish cement maker Readymix PLC said that, against a background of good market demand, the year’s trading has started satisfactorily, in line with the group’s performance for the same peri
Lafarge boosts first quarter margins
Lafarge increased turnover by 6.2% in the first quarter of 2007 to €3695m.
Russia’s Siberian Cement has started Kazakh project
With a capacity of 1.2Mta of cement Siberian Cement (SIBCEM) and its undisclosed Kazakh partner have formed the YUG CEMENT (South Cement) joint venture. SIBCEM has taken a 51% in the JV, leaving its
Indonesia Indocement aims to raise capacity
Indonesian cement maker, PT Indocement Tunggal Prakarsa Tbk , aims to raise its production capacity to 20Mt by the end of 2009 from 17Mt currently, its president said on Thursday. The country’s
China’s machinery makers maintain high growth
China’s cement-making machinery industry reported robust growth in production and sales, as well as exports in the 10th Five-Year Plan (2001-2005), laying a solid foundation for further developm
Vietnam: National economy continues to see steady growth
In the first quarter of this year, Vietnam’s economic growth reached 7.7 per cent, higher than that of the same period in previous years. In April, the national economy continued to see steady g
Gauteng running out of building materials
The Gauteng Department of Housing South Africa, has expressed concern that contractors building low-cost housing are going to run out of cement and building materials in coming months. The department
Holcim’s application omits key details
The application filed by Holcim on April 20 to construct a cement plant at Weston, just outside of Oamaru, still omits many of the key details the community needs to make an informed decision.
Australia’s Rinker Group: New Quarry Operation In Las Vegas
Rinker Group Ltd. (RIN.AU), the subject of a US$14.25 billion takeover bid by Mexico’s Cemex SA (CX), said Wednesday it will expand its U.S. business with a new quarry in Las Vegas.
Hanson Pipe & Precast Acquires Eagle Precast, Inc.; Acquisition Expands Company’s Presence in the Western U.S.
Strengthening its Western United States precast presence, Hanson Structural Precast, a division of Hanson Building Products North America, today announced
Nigeria: rising cost of cement
The unprecedented rise in price of cement in recent times is, to say the least, lamentable, says Sun News Publishing.