Cement News tagged under: international
Holcim expectations27 August 2003, Published under Cement NewsHolcim announces H1 results Thursday 28th August. Analysts at Merrill Lynch suggest sales falls of around 11 per cent and not too much joy in the months ahead - a cautionary note for investors. Holcim announces H1 results Thursday 28 th August. Merrill Lynch predicts sales to fall 11 per cent, but EBIT to fall only five per cent. On volumes, the analysts expect the Easter-boosted Q1 rates in Latin America to slow, and the weather influenced European volumes to be less weak. Asia should co... |
TPI doubts15 August 2003, Published under Cement NewsConcerns by the company auditor flag up renewed speculation over the long term future of this petrochemical and cement producer The Stock Exchange of Thailand said it has suspended trading in TPI Polene Plc shares after its auditor withheld its opinion on its financial statements for the second quarter to June. The SET said it can be considered that the figures, indicating the financial status and operating results of the company presented in its financial statements, did not reflect the ... |
Possible bid for Suez11 August 2003, Published under Cement NewsRumours that Ciments Francais could be preparing to increase its stake in Suez Cement seem to be gathering pace. Press reports last week that Ciments Français, the 74.6 per cent owned international subsidiary of Italcementi is likely to launch a bid for Suez Cement in the coming weeks. This would be in response to the 45 Egyptian pounds a share bid made by Egypt's state-owned National Investment Bank on the 5th of August for a nine per cent share in the company. The company¹s free float i... |
Portuguese cement sales07 August 2003, Published under Cement NewsCement sales in Portugal fell 19.7 per cent year-on-year to 4.146Mt for the period January to June 2003, Portugal's Association of Building and Public Works Companies said on August 6, 2003. The association stresses that the struggling Portuguese construction sector's outlook was less pessimistic in the half-year and forecast a recovery from the sector's current crisis in the coming months. Cement sales in Portugal dropped 17 per cent in terms of volume to 2.1Mt in the first quarter of 2003... |
Lafarge N America 2Q01 August 2003, Published under Cement NewsLafarge North America Inc missed earnings expectations, blaming bad weather and economic weakness in some of its markets. In a press release, the construction supply company posted second-quarter net income of US$73.9m, or $1 a share, compared to year-ago net income of US$107m, or $1.44 a share. The recent quarter included charges of 15 cents a share. The year-ago period included a divestments gain of 28 cents a share. Second-quarter net sales were nearly flat at US$861.7m compared wit... |
Chile – Cementos Melon has 30 days to appeal petcoke decision30 July 2003, Published under Cement NewsChilean cement manufacturer Cementos Melon, owned by Lafarge, has been given 30 days to file an appeal with the ministerial council of the national environment agency Conama in the hope it will overturn the decision taken by the regional environmental authority Corema of Region V. Earlier this month, Corema rejected a proposal by the cement company to use petcoke at is La Calera works. |
Canada/US – St Lawrence raises the stake30 July 2003, Published under Cement NewsSt Lawrence Cement has announced its ambitious goal of reducing its net carbon dioxide emissions by 15 per cent per tonne of cement produced between 2000 and 2010 under the US Environmental Protection Agency’s Climate Leaders programme. This goal follows its nine per cent cut in CO2 emissions achieved between 1990 and 2000. 'Climate Leaders' is a voluntary government-industry partnership and encourages businesses to reduce their greenhouse gas emissions through a comprehensive climate ch... |
Hong Kong – Green Island’s pilot incineration project to move ahead30 July 2003, Published under Cement NewsGreen Island Cement received the go-ahead from Hong Kong's Environmental Protection Department to move its pilot research project to incinerate waste in its cement kilns to the public consultation stage. The breakthrough comes after seven months of prolonged negotiations between the watchdog and the cement company. The public consultation will run until 26 June, after which Rob Law, EPD Director, will decide the project’s fate. However, there are more hurdles to clear as the company is l... |
UK – Another feather on RMC’s sustainability cap30 July 2003, Published under Cement NewsReady-mix concrete supplier RMC has extended its sustainable development efforts through a partnership with BirdLife International, a partnership of 103 national and local non-governmental conservation organisations. Through the partnership RMC aims to protect wildlife at its quarries and other aggregate sites while enhancing its ‘license to operate’. To this end, RMC has signed a Memorandum of Understanding (MoU) with BirdLife which include the following objectives: • to encourage its ... |
USA - EPA looks into semiconductor residues in cement30 July 2003, Published under Cement NewsThe US Environmental Protection Agency (EPA) is looking into a plan to recycle the residue of semiconductor production at IBM Corporation’s East Fishkill plant into cement. IBM proposes to send electroplating sludge from microchip manufacturing processes to a cement kiln where it would become part of the cement. Lime is a major component in the sludge and would reduce the cement makers’ need for quarrying new lime. However, the sludge also contains small amounts of cadmium, lead, chromiu... |