Cement News tagged: International
China Resources Cement unit buys Tiejian stake for 15m yuan
China Resources Cement Holdings Ltd said unit Goodsales Investments Ltd has agreed to acquire the remaining 30 per cent stake in Shenzhen China Resources Tiejian Concrete Co Ltd which the group does n
Eurocement posts 1H04 production, Russia
In 1H2004 Eurocement produced around 3.6Mt of cement, up five per cent versus the same period 2003. Total cement output, including Katavsky Cement and Neviyansky Tsementnik affiliated with Eurocement,
Royalty won’t be applied to cement, Chile
A bill under review in Chile’s congress and that aims to introduce royalties on mineral production will not affect cement, daily Estrategia quoted mining under-secretary Patricio Morales as sayi
Fars could become cement hub as construction of cement factories begin, Iran
According to “Tehran Times”, with the construction of four cement factories to begin soon, Fars Province will become Iran’s hub of cement production. At a meeting with provincial industry managers, La
Cemex Colombian operations EBITDA up to US$34m
Cemex has posted earnings before interest tax depreciation and amortisation (EBITDA) in Colombia of US$34m (EUR27.3m), up 15 per cent YoY the first half of 2004.
Mary Nour waits at Tampico anchorage
Blocked by a Mexican court order from entering the port of Tampico on Mexico’s Atlantic coast, the 34,194dwt Mary Nour, owned by the Jordanian-based CTI Group, and complete with some 27,000t of cement
Indian cement profits seen robust on firm prices
Indian cement makers are expected to report a jump in quarterly profits, boosted by higher prices amid a surge in construction, but analysts say business may pause briefly for the monsoon rains.
How to succeed in business
Raveerot Thamaratnothai, an heir to one of the country’s largest construction firms, Channakorn Engineering, is making his mark in the industry by branching out internationally. Working in his family
Saudi Yamama Cement Co net profit up
Saudi cement producer Yamama Cement Company (YCC) registered an 86 per cent YoY increase in net profit to 346.5m Saudi riyals (US$92.4m) for the first half of 2004, according to the company’s ma
Lack of coal at Florence
The Holcim Florence plant in Colorado is citing coal shortages as a factor in production shortages. The plant reportedly burns 600 tons of coal every day but last week the plant nearly ran out of coal
Tata Power to sell Wadi unit to ACC
The Tata Power Company is planning to sell its 75 MW power plant at Wadi in Karnataka back to the Associated Cement Companies (ACC).
CRH criticised over Israeli barrier
The Ireland-Palestine Solidarity Campaign has reiterated its call for a boycott of Cement Roadstone Holdings over its alleged involvement in Israel’s “security barrier”. Amnesty International has cla
Cimpor’s new overseas holding company
Portuguese cement producer Cimpor has set up holding company Cimpor Inversiones to manage the group’s holdings in companies outside Portugal. Cimpor Inversiones will operate from the Spanish cit
Kiln death plunge inquiry
Work on the new kiln at Padeswood has been suspended following the death of a mechanical constructor who was working on a platform at the top of the 230ft-high steel tower at Castle Cement, Padeswood,
Cemex net profit falls
Cemex, the world’s No. 3 cement maker, on Friday posted a decline in net profit as a peso devaluation took the shine off improving operations, especially in the United States. Cemex which has su
Cementos Pacasmayo says no
Peru’s Cementos Pacasmayo said it had decided against proceeding with plans to build a cement plant in the US. "The subsidiary CEMPAC Materials LLC has decided to not continue with the project