Cement News tagged: International
Lafarge to invest in cement plant in Kaluga Region
Lafarge may invest about €230m in constructing a cement plant in the Kaluga Region not far from Moscow.
India’s July cement production rises on capacity addition, low base last year
India’s July cement production increased, due to capacity additions by a few domestic cement manufacturers and as last year’s volumes for the month of July were low.
Universal to set up US$160m cement plant with British partner
CEO of cement company Universal Cimento, Mete Bulgun says that the company will set up a cement plant in the city of Bilecik with US$160m investment.
Housing market, cement consumption expected to rebound in 2009
Burdened by the hard correction in the housing market, cement consumption has weakened in 2007, according to the most recent forecast from the Portland Cement Association (PCA).
Kuwait Cement Q2 net profit rises 76 per cent
Kuwait Cement Co. reported a 76 per cent rise in second-quarter net profit on Wednesday.
Argument continues over cement investigation
The British Aggregates Association (BAA) and British Cement Association (BCA) are continuing to disagree over the BAA’s ongoing investigation into the UK cement market,
Pakistan cement sales grow 41 per cent on yearly basis
Pakistan cement sales have marked massive growth of 41 per cent YoY in July of current financial year to 2.39Mt as against 1.69Mt in the corresponding of last year.
Hanson profit dips on weak dollar, housing market
Hanson Plc, which is being taken over by HeidelbergCement reported lower half-year profit on Wednesday, hit by weaker US dollar and residential demand.
CNBM in joint venture with Jiangxi Cement
China National Building Material (3323) said it has signed letters of intent with four other parties to acquire 80% equity interest in
Imerys may buy India’s ACE Refractories for INR5.50bn
France’s Imerys may buy India’s ACE Refractories for about INR5.50bn (US$136m) from private equity fund ICICI Ventures, the Business Standard reported, citing unnamed sources.
Pakistan looks for government facilities to enable bulk exports
Pakistan can export cement in bulk to meet the emerging demand in Middle East, India, Central Asia and Africa,
St Lawrence Cement Group Inc - 2Q results
St. Lawrence Cement Group Inc reported consolidated sales of $366.7 million for the second quarter ended June 30, 2007, compared to $364.7 million for the same period last year
Holcim may up Ambuja Cement stake
Fund managers are forecasting that Holcim, the majority shareholder in Ambuja Cements, may announce another buyback of shares
Vulcan sees volume drop declining
Vulcan Materials’ first half turnover decreased by 0.8% to US$1,438.0m, while the EBITDA improved by 7.7% to US$431.4m and the running profit before tax advanced by 5.7% to US$299.9m
Cement becomes the top profit earner at Eagle Materials
For its first quarter year to the end of June, Eagle Materials produced a turnover 14% lower at US$221.2m, principally reflecting lower plasterboard volumes and prices,
Anhui Conch Cement expands in northwest China by alliance
Anhui Conch Cement Company Limited will ally with a cement company in China’s northwestern province of Gansu to expand the regional market.