Cement News tagged: International
Indian cement sales
The Cement Manufacturers Association(CMA) said India`s total cement sales were 9.84Mt in the month of December, 2003, up 3.5 per cent from 9.51Mt a year ago. Total cement output was 9.96Mt in the peri
AdBri caves In To Boral`s $867m offer
Boral cleared the first hurdle in its bid to acquire Adelaide Brighton yesterday after winning over the cement and lime producer`s independent directors, sweetening its takeover offer by A$27 million
CRH reports improved second half performance
CRH expects to report a pre-tax profit for 2003 in early March in lime with the €856m achieved in 2002 in spite of an 18 per cent drop in the first half of 2002. This would represent a profit increas
India Associated Cement to raise prices
Associated Cement Companies Ltd (ACC) India`s second largest cement maker, plans to raise prices by 5 to 10 rupees ($1= INR45.53) per 50kg bag later this month due to stronger demand, a company execut
Turkish Unye Cimento
Turkish cement and clinker producer and distributor Unye Cimento in Unye, northern Turkey, expects to produce 1.1Mt of cement and
Indian cement deals
After buying out L&T cement division, Grasim now owns the largest cement capacity in the country, but in terms of market share the Grasim-L&T combine seems to be losing out to ACC-Ambuja combine, who
Operational changes at Siam Cement
Restructuring continues at Thailand`s largest conglomerate, Siam Cement Plc, despite the economic recovery - and it has already affected about one-eighth of the group`s total workforce, according to l
Lafarge expands in Asia
Lafarge is to increase the capacity of its Chongquin cement works in China from 0.8Mt to 1.8Mt by building a second production line. The US$40m investment is expected to be completed during the latte
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 the Philippine Stock E
PSP Engineering wins Russian contracts.
Czech firm PSP Engineering, has won several new orders in Russia, according to the firm`s spokesman Ludek Fesar. PSP has signed deals to complete a cement mill at the Voskresensk cement factory, owned
Polish Cement plant to be closed down
Polish cement plant Cementowania Strzelce Opolskie, a subsidiary of the local cement group Gorazdze, controlled by the German sector company HeidelbergCement, will be closed down in 2004, it was repor
Court to rule on cement cartel fine
Europe’s highest court is set to rule on Wednesday 7th January whether the European Commission was right to impose millions of euros in fines against a large cement cartel in 1994. European antitrust
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 industry can
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 Davidson Chilipamushi h
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, Canal de Negocios cit
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 7.636Mt of cement, followed