Cement News tagged: International
Rinker says outlook clouded by uncertainty about US housing market
Rinker Group Ltd said its earnings outlook is clouded by uncertainty over the direction of the US housing market.
Guyana set to end cement waiver
With TCL’s new US$10m state-of-the-art bagging plant in Guyana now in operation and now capable of meeting local needs, the company was planning to reintroduce the CET on extra-regional cement.
High-margin cement sector lures new players in India
A growing number of Indian companies from other industries are scrambling to set up cement plants, lured by high margins or for environmental reasons, but government price controls could prove a dampe
Votorantim Cimentos aggressively seeking aggregates in Great Lakes region
Votorantim Cimentos, the cement manufacturing division of the Brazilian conglomerate Votorantim Group, is aggressively seeking to acquire suppliers of aggregates in the Great Lakes Region of the US a
India gives US$20m funding for Djibouti cement plant
India has provided additional funding of US$10m to Djibouti for a cement plant project at Ali Sabieh, raising the total funding to US$20m .
India Grasim 4Q Consol Net Profit +60.2%
India’s Grasim Industries Ltd Wednesday said fourth-quarter consolidated net profit rose 60.2%, boosted by higher cement prices that was driven by continued buoyant demand.
Lafarge Group to invest US$250m
Folowing its 15 per cent profit increase reflecting a strong and growing export market in the Great-Lakes region recorded in 2006, the Lafarge Group has announced an investment expansion of EUR180m (
CNBM to provide equipment to Vietnam
China National Building Material Group Corporation(CNBM), a state-owned company in charge of administrative affairs in building material industry
Holcim pleased by early response to Weston Option cement plant notification
Holcim (New Zealand) Ltd has received a good level of interest from the public this week following the notification on 20 and 21 April of the resource consent applications for its Weston Option cement
Chilean Cementos Bio Bio to invest US$50m in two plants
Chile’s third largest cement producer Cementos Bio Bio, controlled by the industrial group Briones, plans to invest US$50m in the construction of two plants in central Chile
Latin America, Central Europe and Asia lead the Cemex growth is the US profit drops
Cemex’ first quarter turnover rose by 9.5% to US$4,399.7m, helped by higher volumes in most markets, with the notable exception of the United States
Siam Cement 14 pct Q1 net profit fall beats forecasts
Siam Cement PCL (SCC), Thailand’s biggest industrial conglomerate, reported a less than expected 14 percent fall in quarterly earnings on Wednesday as a weak domestic economy hit its constructi
Cement exports dive as building boom eats up supply
South Africa’s cement exports plunged 34 per cent last year as the country’s construction and building boom accelerated.
Vietnam: Work begins on cement production line
Work began on the construction of the second production line for the Nghi Son cement plant began in central Thanh Hoa province, on April 23.
Albert Frere’s GBL raises its stake in Lafarge to 17%
Albert Frere’s holding company Groupe Bruxelles Lambert has raised its stake in Lafarge to 17 pct, the group said at its shareholders’ meeting.
HeidelbergCement starts construction of Russian cement plant
HeidelbergCement has begun construction of a cement plant worth over EUR200m in Russia’s Tula Region, Bernhard Gebler, the project’s manager, said Tuesday, ITAR-TASS reported.