Cement News tagged: International
Heidelberg open offer falls through
The open offer made by the German cement major HeidelbergCement to the shareholders of Mysore Cements Ltd has fallen through.
Morocco to increase investments in cement industry
The Moroccan cement industry has planned to invest 10 billion dirhams (US$1.18bn) for the period 2006-2010 to keep pace with the "extraordinary development"
Cementir unveils 2007-2009 targets
Cementir, the Italian cement group, has set respective revenue and gross operating margin targets of 1.2bn and more than EUR300m in its 2007-2009 business plan, which it will today present to the sto
Construction investment to increase 70 per cent , Vietnam
Enterprises under the Construction Ministry will implement 493 investment development projects capitalised at over 35.7 trillion VND (US$2.2bn) in 2007, a 70 percent increase over 2006.
India cement prices harden by Rs 12 per bag
Retail prices of cement have risen Rs12 per bag with effect from Thursday nullifying the finance minister’s move to curb prices by linking excise duty to a higher rate.
Taiheiyo Cement liquidates rmc concrete plant
Taiheiyo Cement Corp has confirmed the liquidation of ready-mixed concrete plant Amagasaki Onoda Remicon
Indian expansion leads growth at Holcim
Holcim’s turnover rose by 29.8% in 2006 to SFr23,969m (EUR15,170m) and the operating EBITDA advanced by 31.5% to SFr6,086m (EUR3,852m) as margins improved from 25.1% in 2005 to 25.4
Lafarge completes roof division sale to PAI Partners
Lafarge SA has completed the sale of a controlling stake in its roofing-tile business to Paris-based private equity firm PAI Partners.
India Finance Ministry: cement prices beyond "reasonable limit"
India’s Finance Minister P. Chidambaram Thursday asked cement makers and other manufacturers for help in fighting inflation.
India’s Gujarat Ambuja Feb shipments up 9.7 per cent YoY
Gujarat Ambuja Cements Ltd. , India’s third-biggest cement maker, said its February shipments rose 9.7 per cent to 1.36Mt from a year earlier.
Cimpor completes acquisition of Turkish cement company YLOAC
Cimpor said that it has completed the acquisition of 99.68 pre cent of the share capital of
Ukraine Cement output up 56.9 per cent YoY Jan 2007
Ukraine’s cement output jumped by 56.9 per cent YoY, but declined by 26.9 per cent month-on-month to 767,000t in January 2007, data of the State Statistics Committee showed.
Vicat’s offer for Malaysia’s CIMA units lapses
An offer by French cement firm Vicat to acquire equity interests in five subsidiaries of
Egypt’s OCI in deal to build Saudi cement plant
Egypt’s Orascom Construction Industries said on Tuesday it had agreed to a joint venture with the Saudi Khayyat Group to construct a greenfield cement plant in the kingdom for up to $360m.
Real estate developers worried over cement shortage
Ghana Real Estate Developers (GREDA) on Tuesday expressed worry over the non-availability of cement as a core product of the building industry.
Lafarge invest US$50m in plasterboard plant
French cement maker Lafarge and Mexican paints maker Comex have invested US$50m (EUR37.8m) in a plasterboard plant in Mexico, the two companies announced.