Cement News tagged: International
Hanson in the spotlight as consolidation gathers pace
The current takeover activity in the heavy building materials and aggregates sector has once again put the spotlight on Hanson PLC and investors will be keen to hear the company’s comments on th
Semen Gresik H1 net up 74 per cent
Indonesia’s largest cement maker PT Semen Gresik reported a 74 per cent year-on-year rise in first half to June net profit to 321. 21bn rupiah on the back of stronger sales and lower interest co
Cement testing facilities to be upgraded
Technology Up-gradation and Skill Development Company (TUSDEC) is planning to upgrade testing and research and development facilities at Cement Research and Development Institute (CRDI) with an object
Oman Cement H1 net up significantly
Majority state-owned Oman Cement Company said on Sunday net profit grew 25 per cent to 8.2 million rials (US$21.30m) for the first half of 2005, helped by rising cement prices. Oman’s leading c
Podilskyi Tsement to switch to coal
The Podilskyi Tsement company, one of Ukraine’s three biggest producers of cement (Kamianets-Podilskyi, Khmelnytskyi region), intends to fully go over to the use of coal instead of gas fuel befo
TXI Completes spin-Off of Chaparral Steel
Texas Industries, Inc. today announced the completion of the separation of its steel operations from TXI through a pro-rata tax-free dividend of all the common stock of Chaparral Steel Company to TXI
Belgian firm to sue cement makers in Germany
A Belgian firm specialising in damages lawsuits plans to seek about Euro 140m compensation from cement makers Lafarge , Dyckerhoff and Readymix over alleged price-fixing. "We will submit the lawsuit n
Project manager accused of graft
An official in charge of managing the construction of a US$208m cement plant in Vietnam’s northern port city of Hai Phong stands accused of taking bribes to unveil details of bids on the project. Ho T
TCL obtains financing for Caribbean expansion
The TCL Group is currently strengthening the cement sector of its business by expanding capacity and optimising its plants and has embarked on setting up cement terminals regionally. It is also introd
Cementir’s first half results boosted by acquisitions
First half turnover at Cementir rose by 166.7 per cent to €402.9m, thanks to last October’s acquisitions of Aalborg Portland Cement and Unicon. The EBITDA advanced by 113.84 per cent to €82.8m
China Resources Cement figures down
China Resources Cement Holdings Ltd said Friday it expects its first-half earnings this year to be "substantially worse" than in the year-earlier period because of high coal prices and a slowdown in d
Indocement 1H improvements
Indonesia’s cement maker PT Indocement Tunggal Prakarsa said Friday it swung to a first half net profit due to an increase in revenue and a decline in foreign exchange losses.
German cement leaders to face fixing claims
Three cement makers, Lafarge, Dyckerhoff and Readymix face damage claims by 28 corporate customers amounting to a total of Euro 140m for alleged price fixing, Financial Times Deutschland reports in an
Ciments Français sales boosted by higher prices and...
Italcementi’s international subsidiary Ciments Français increased its first half turnover by an underlying 6.9 per cent to €1675m. In absolute terms the increase was 10.2 per cent, thanks to the init
Lafarge H1 sales up 6.3 per cent on price increases
Lafarge SA reported a 6.3 per cent rise in first-half sales on Thursday, driven by higher prices for its products and strong volumes for construction materials, mainly in the United States. Lafarge,
Chinese cement industry data
Despite the austerity measures brought by the Chinese government to control speculation property trading activities, sales revenue of Anhui Conch Cement Group which is the holding company of Anhui Con