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Dispatches from ex-Cemex Venezuela plant stop 10 January 2009 of Cemex and two months later, in August 2008, state-owned oil company Petroleos de Venezuela (PDVSA) took control of the operations of Cemex plants in San Francisco and Pertigalete in the Anzo├ítegui state.┬á In September, a month after PDVSA took over... Type: Article Category: Markets & Competition Cemex US to shut Davenport plant 09 January 2009 again when the economy bounces back, Borgen said. This is the first time the company has called for a temporary halt in operations with layoffs since 1992, Borgen said. That closure lasted three weeks, she said according to The Mercury News. The other... Type: Article Category: Markets & Competition TXI profit drops 87%, plant build delayed 08 January 2009 demand as cost effectively as possible. The idling of the small kilns at our North Texas plant and the cement grinding operations at our Crestmore facility in California will reduce cash costs while still allowing us to meet the current demand.... Type: Article Category: Financial CRH completes Ôé¼224mm acquisition of Yatai Cement 08 January 2009 on Thursday that it has completed its acquisition of a 26% stake in China's Jilin Yatai Group. (CW Group) Yatai Cement's operations comprise four integrated cement plants and four separate grinding stations in Jilin and Heilongjiang provinces in north... Type: Article Category: Mergers & Acquisitions Cemex sued by EPA, could face billions in damages 07 January 2009 plantÔÇÖs smokestack, violating air-pollution opacity standards limiting visible emissions, and failure to shut down operations when winds were high, and improper calibration of a wind-speed measurement device, the Longmont Times explained. In the suit... Type: Article Category: Environment Castle Cement struggling to keep jobs 06 January 2009 UK's Castle Cement is fighting to keep jobs at its operations in light of poor business conditions in England - the company leadership is 'doing all they can' to avoid further job cuts." (CW Group) The HeidelbergCement controlled company laid off about... Type: Article Category: People CRH sees Ôé¼1,6Bn pre-tax profits, challenging outlook 06 January 2009 While the first half of the year saw improved overall operating profit in Europe, and strong growth from its Materials operations in Poland and Ukraine, this was more than offset by declines from US operations, according to CRH. In the second half, the... Type: Article Category: Financial Holcim Malaysia sees sales growth in 2008 05 January 2009 50.000 tons per month. He told StarBiz that Holcim had to date invested about RM180 million ($52 million) since starting operations in Johor nine years ago. "We are presently investing RM38mil more for our plant expansion to recycle industrial waste,"... Type: Article Category: Financial Plants shutting down in India on weak demand 04 January 2009 15 days to reduce accumulatig clinker inventories. The plant reopened again on January 1, 2009, but it has not re-started operations. It is unlikely to do so anytime soon, a company source said according to DNA Money. The source also said that ACC may... Type: Article Category: Volume & Pricing Binani in talks to raise 1.500 cr for new projects 03 January 2009 to fund its two upcoming projects, said a source close to the development according to the India Times. The cement operations of the diversified Braj Binani Group has announced plans for for cement and mining projects in Indias states of Gujarat and... Type: Article Category: Financial Binani in talks to raise 1.500 cr for new projects 03 January 2009 to fund its two upcoming projects, said a source close to the development according to the India Times. The cement operations of the diversified Braj Binani Group has announced plans for for cement and mining projects in Indias states of Gujarat and... Type: Article Category: Ports & handling 30% of civil works done at new Italcementi Morocco plant 02 January 2009 in Morocco, Ciments du Maroc, has completed most of the main structures of its new cement plant in southern Morocco. Operations are expected to start at the end of 2009. (CW Group) Construction of all main structures is almost finished and within the... Type: Article Category: Plant Expansions Lafarge studying sale of Turkish assets 30 December 2008 Lafarge is said be studying "different strategic options" for its Turkish operations, Lafarge Aslan AS. (CW Group) Lafarge would divest the Turkish assets to free up one billion euros of assets, according to Bloomberg, allowing it to meet certain key... Type: Article Category: Mergers & Acquisitions Iran's cement industry "self-sufficient" 29 December 2008 Iranian calendar year (March 21, 2009) total production in the country will be 64 million tons as new cement plants start operations. Pointing to the annual 8 million tons rise in Iran's cement production during the last three years, Mehrabian predicted... Type: Article Category: Markets & Competition Iran's cement industry "self-sufficient" 29 December 2008 Iranian calendar year (March 21, 2009) total production in the country will be 64 million tons as new cement plants start operations. Pointing to the annual 8 million tons rise in Iran's cement production during the last three years, Mehrabian predicted... Type: Article Category: Markets & trade Cemex completes sale of Canary Island assets 29 December 2008 Cemex announced on Monday that it completed the previously-announced sale of its Canary Islands operations to several Spanish subsidiaries of Portugal's Cimpor for Ôé¼162 million euros. (CW Group) Of the purchase price Ôé¼5 million will be held in... Type: Article Category: Mergers & Acquisitions Holcim Philippines contracts out management of ship fleet 28 December 2008 in the Visayas and Mindanao regions, the newspaper added. A ship-management service covers technical administration and operations of ships, including crew and maintenance. Magsaysay currently manages about 30 vessels such as product and chemical... Type: Article Category: Equipment Cemex to divest TCL stake 28 December 2008 is valued at approximately $170 million, according to The Jamaica Observer. TCL said the pending sale will not affect operations and the board will try to ensure that it will not lower shareholder value. Copyright CW Group. All rights reserved.... Type: Article Category: Mergers & Acquisitions Cemex to sell UAE ready-mix ops 22 December 2008 the sale and follows a deteriorating outlook for construction sector in the United Arab Emirates. Cemex started its UAE operations in March 2005, when it acquired the UKs RMC Group for $5,8 billion. Cemex has 14 RMC plants in Dubai and Abu Dhabi.... Type: Article Category: Mergers & Acquisitions Votorantim reports supply in southern Brazil back to normal 22 December 2008 facility in Itaja├¡ restored normal production on December 8th, again outputting 1.800 tons of cement per day. Since operations resumed the company has been working to reduce its backlog and meet current demand, according to a company statement. ┬á... 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