Cement News tagged: International
FLS sees good demand for new kiln capacity
Turnover at FLS Industries rose by 8.7% to DKr.7767m (€1,031m) during the first half of 2004, while the EBITDA, though still modest, rose from DKr.27m (€3.6m) to DKr.362m (€48.7m). The trading profit
Rochester mill in service
Rugby Cement, part of the RMC Group, has re-commissioned Cement Mill 5 at the company’s Rochester plant in Kent to meet growing customer demand in the South East. Following a £1 million investment, th
Titan completes Pennsuco enlargement early
Titan’s first half turnover increased by 7.9% to €5261.7m, which represents a 12.4% advance at constant exchange rates. The operating profit at the EBITDA level rose by 19.5% to €144.2m, which repres
Vietnam: cement sales rise
The total volume of cement sales on the domestic market reached almost 16.6 million tonnes in the Jan-Aug period or up 13.2 percent year on year. Local cement factories reported a combined output of
Colombia’s Argos to sell coal mine
Colombian cement group Argos SA and affiliates have agreed to sell their La Jagua coal mine to Swiss-based commodity trader Glencore International AG, the companies said on Monday. The sale by Argos
Govt considers using seized cement for housing
The Mexican government is looking for a way to take advantage of the 27,000 tons of cement that could be retained by customs under to litigation against the company Comercio para el Desarrollo Mexican
Sales rush in South Africa
The property boom, which has seen house prices rise by more than 20% in the past year and has sparked a rush to build new homes, has put pressure on producers of bricks and cement, boosting sales to l
Delhi tops in india’s cement consumption in q1
Cement consumption, an indicator of overall construction activity, recorded the highest growth rate in Delhi, followed by Haryana and Madhya Pradesh during the first quarter of the current fiscal. Th
Holcim Looking For Asian, LatAm Growth
Holcim’s Chief Executive Markus Akermann told Finanz und Wirtschaft Saturday that the cement company is looking for growth in Latin America and Asia. Akermann said Holcim has minority stakes in China
Jaiprakash to invest
Jaiprakash Associates Ltd, India is going to make an investment of Rs 375-400 crore in Madhya Pradesh under its capacity expansion plan. The company has two cement-manufacturing units in the Rewa dist
Legal challenge to Boral’s take over of AdBri delayed
A hearing over a legal challenge to building group Boral Ltd’s takeover bid for Adelaide Brighton Ltd has been delayed today as the parties are yet to finalise evidence. The Federal Court in Me
Group results show satisfying trend
Holcim reported strong operating gains in the first half of 2004 and has posted solid financial results. This encouraging performance was shaped by an increase in building activity since the second ha
Paz del Río cement plant project faces opposition
Colombian cement producer Cementos Paz del Río is facing resistance to plans to develop an open-pit limestone quarry near Albán, Valle del Cauca department, national daily El Tiempo reported.
Govt suspends cement import duties
Guyana’s government has suspended duties on cement imports for a year to encourage local firms to import the product from outside the Caribbean, local press reported. The decision was made a
Construction firms fear higher prices
The Construction Industry Authority of the Philippines (CIAP) yesterday warned that the recent oil price increases and the closure of a major cement firm is expected to push up prices of construct
Excessive increase in capacity
Hectic construction investment growth and brisk demand on the cement market have stimulated drastic growth in cement production capacity in Northwest China¡&hibar;s Ningxia Hui Autonomous Region.