Cement News tagged under: international
Lehigh Southwest Cement offers challenge grant for next historical mural15 May 2007, Published under Cement NewsAxel Conrads, Plant Manager, has announced the financial support of the Lehigh Southwest Cement Company for Tehachapi’s next historical mural. The company has generously offered to match contributions from other donors, up to $10,000. Duana Pera and Larry Ursua, current Lehigh employees and Tehachapi residents, are helping to plan for the plant’s 100th anniversary celebration, and together with Conrads have been instrumental in securing the mural pledge from Lehigh’s corporate offices. The ... |
Polysius acquires A-C Equipment Service business strengthened15 May 2007, Published under Cement NewsPolysius, a ThyssenKrupp Technologies subsidiary, has taken over A-C Equipment Services Corp., Milwaukee, USA. A-C Equipment is a leader in the cement kiln market and supplies parts, construction services, technical assistance and engineering for rotary kilns and other key components of cement industry equipment. With a workforce of 50, the company generated sales of around US$29m in fiscal 2005/06. Polysius is expanding its North American aftermarket business and the addition of A-C Equip... |
Polish producers warn over cement shortages15 May 2007, Published under Cement NewsA potential lack of construction materials in Poland has been highlighted in the local Polish press, following recent announcements that Poland has been awarded the prize of hosting the European Cup in 2012. Preparing for this major football event will require new stadiums, many more hotels and almost a thousand kilometers of highways, and twice as many high-speed roads, and there is doubt that sufficient basic building materials are available for this major investment spend. Expressing c... |
Holcim says improves offer for St Lawrence Cement, which recommends acceptance14 May 2007, Published under Cement NewsHolcim Ltd said it will offer C$40.25 per share for all outstanding class A subordinate voting shares of St Lawrence Cement Group Inc (SLC) that Holcim does not already own and all outstanding class 1 special shares of SLC. The total value of the offer is about C$630m, it said. In February, Holcim offered C$36.50 per share cash offer for all the outstanding shares of Canada’s SLC it does not already own, valuing the total minority share capital at C$571m. SLC has unanimously re... |
CRH subsidiary fined €530,000 by Polish authority.14 May 2007, Published under Cement NewsA subsidiary of building materials group CRH has been fined €530,000 for interfering with evidence that Polish authorities were gathering for a price-fixing investigation. It emerged yesterday that the Polish Competition and Consumer Protection Office has fined CRH subsidiary Grupa Ozarow €530,000 after one of its workers attempted to tamper with evidence during a raid on the company’s offices last year. It intends to appeal the ruling. The Irish group’s management, including chief... |
Slowdown in cement; core sector grows 10% in March14 May 2007, Published under Cement NewsCement production in India slowed in 2006-07, with a sharp decline recorded in March, data from the index of six infrastructure industries showed today. The overall six core sector index, which has a combined weight of 26.7 per cent in the index of industrial production, grew by 10 per cent in the month, as against 7.1 per cent in March 2006. Cement production growth fell this March to 5.5 per cent, as against 17 per cent in the same month last year. For the 12-month period (April-... |
Titan America LLC Announces Completion of Acquisition of Mechanicsville Concrete, Inc.14 May 2007, Published under Cement NewsTitan America LLC is pleased to announce that it has completed its acquisition of the outstanding shares of Mechanicsville Concrete, Inc. (d/b/a Powhatan Ready Mix), a supplier of ready-mix concrete in the Greater Richmond market. Powhatan will continue to operate as a standalone supplier of ready mix concrete. Powhatan currently operates five ready mix plants, whose locations include Richmond, Midlothian, Powhatan, Goochland and Petersburg. "Our interest in Powhatan stems from the str... |
Mexico cement industry expands14 May 2007, Published under Cement NewsThe Mexican cement industry is expected to increase by four per cent this year, said Carlos Castillo Soucy the chairman of Camara Nacional del Cemento (Canacem). According to him, the growth will be driven by the infrastructure projects to be outlined by the government this year. In 2006 consumption of cement in Mexico reached 35.9Mt. |
Increased construction works push cement demand by 9%, Uganda14 May 2007, Published under Cement NewsIncreased construction works for the November Commonwealth Heads of Government Meeting (CHOGM) have boosted the demand for cement by about 9%. Exports to Rwanda, the DR Congo, Burundi and southern Sudan have also not helped the situation. Sources said local traders prefer selling to foreign importers because they pay in dollars. This has created a shortage in the local market, pushing retail prices to sh21,000 a bag from sh18,000, about a year ago. This has thrown the manufacturers into ... |
Pakistan cement profits decline14 May 2007, Published under Cement NewsDespite recording a handsome growth of 32 per cent in dispatches the cement sector’s combined profit depicted a decline of 64 percent in the first nine months of current fiscal as compared to the same period of last fiscal year. According to latest figures of All Pakistan Cement Manufacturers Association (APCMA), total cement dispatches grew by 33 percent to 19.73Mt during first ten months of current fiscal year as compared to 14.84Mt in the year-ago period. In April, total dispatches stood... |