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India: Holcim units post mixed results in June 01 July 2010 Its May production likewise dropped, down to 1.78 mm tons compared to 1.82 mm tons a year ago. On the other hand, Ambuja Cements, India's number 3 cement maker, said its shipments rose 6.2% in June, to 1.69 mm tons. Production in June also rose to 1.7... Type: Article Category: Volume & Pricing Indian cement demand expected to dip in June 01 July 2010 segments, and a decline in demand in the North due to the Commonwealth Games in New Delhi likely trimmed gains. Ambuja Cements has reported a 6.2 % increase in sales during the month, while ACC was down 1.7% for the period, the report said. Shree... Type: Article Category: Volume & Pricing India: Financing for Vicat Sagar plant finalized 24 June 2010 group has finalized financing for its Vicat Sagar Greenfield cement plant. The project was completed with partner Sagar Cements Limited, of which the Vicat group is majority shareholder. The cement plant will have two clinker production lines, the first... Type: Article Category: Financial NCB Capital sees tough Q2 for Saudi cement makers 16 June 2010 93.8% to 2,486 million tons for the four private cement companies in Saudi Arabia. For example, NCB Capital expects Saudi Cements┬á revenues to increase 20% to SR427 million (Dh418m) Q2, with net income increasing 9% to SR182m. "2Q10 is expected to be a... Type: Article Category: Financial Jamaica to investigate Carib Cement price increase 15 June 2010 only available to paid subscribers.","link":"1"}] Jamaicas Fair Trade Commission has been instructed to look into Caribbean Cements recent price increase, a report from Go Jamaica said. JamaicaÔÇÖs Industry and Commerce Minister Karl Samuda will conduct... Type: Article Category: Volume & Pricing Lafarge South Africa joins green group 15 June 2010 use of natural resources. The company is the only one in South Africa that offers a complete range of extended ÔÇÿgreen' cements.┬á The company uses less resource intensive or alternative materials in their products. This creates less greenhouse gas... Type: Article Category: Environment ASEC Cement projects in Algeria facing delays 10 June 2010 ASEC unit Zahana Cement has launched a new tender for its delayed, 4500 t/d cement line, after its 2009 tender failed. ASEC Cements $ 413 million cement plant in Ain El Ibel, near Djelfa, is also behind schedule, according to sources. In January 2008,... Type: Article Category: Plant Expansions India: Monsoon to have little impact on demand 08 June 2010 subscribers.","link":"1"}] Despite the coming monsoon season cement demand isnÔÇÖt expected to fluctuate according to Shree Cements. HM Bangus Managing Director of Shree Cements said in an interview with CNBC-TV18, that there is enough supply for the... Type: Article Category: Volume & Pricing Holcim beats 2010 CO2 emissions target early 07 June 2010 Holcim Group have launched new building materials and sustainable building services, with emphasis on developing composite cements, which uses less energy than conventional cement production. Holcim is using alternative heat sources and renewable... Type: Article Category: Environment Dangote acquires majority stake in Sephaku Cement 02 June 2010 for the debt financing; fund any project overruns up to R265-million with a loan on commercial terms; and fund Sephaku Cements limestone exploration project in Western Cape and Limpopo province for up to R35-million, also with a loan on commercial... Type: Article Category: Mergers & Acquisitions Cemex bid for Penna Cement stalls 01 June 2010 with Cemexto sell a majority stake or the whole company. The talks were held in the backdrop of the acquisition of Bharathi Cements, owned by YS Jagan Mohan Reddy, son of the late Andhra chief minister Y S Rajasekhara Reddy, by French major Vicat.... Type: Article Category: Mergers & Acquisitions Sagar Cements profits down on slower demand 23 May 2010 Company cites market conditions for revenue drop, will pay out dividend of 2.50 per share. ┬á (CW Group) India's Sagar Cements saw its net profit fall to 25 lakh in Q4 FY10 against Rs 6.86 crore on slower dispatches, a report from the Hindu Business... Type: Article Category: Financial Lafarge: a top work place in Spain 22 May 2010 company, it is so important that these professionals will value both". The Best Workplaces 2010 study placed the Lafarge Cements 50 Best Companies to Work For in Spain. Almost 90% of the workers feel that their bosses have in them all their trust and... Type: Article Category: People Taiwan Cement aiming to be Top 3 in China 12 May 2010 of cement. This plants production should begin sometime in 2011. The acquisition of Prosperity International expands Taiwan Cements presence from South China, to including southwestern and northeastern China. Taiwan Cement ÔÇ£has a joint-venture cement... Type: Article Category: Markets & Competition Uganda drive vs overloaded trucks hits Tororo Cement 10 May 2010 being singled out by the UNRA, but Peter Ssebanakitta, UNRA head explained that they were targeting all transporters and cements makers, not just Tororo Cement, according to The Vision report. Further, he was quoted: ÔÇ£Our interest is to ensure that... Type: Article Category: Markets & Competition India Cements seeking additional mine leases 08 May 2010 interested in Madhya Pradesh, Chattisgarh and Rajasthan mines. (CW Group) South India's largest cement producer, India Cements, wants to increase their availability of coal by obtaining mining leases in Madhya Pradesh, Chattisgarh and Rajasthan. The... Type: Article Category: Mergers & Acquisitions India Cements seeking additional mine leases 08 May 2010 interested in Madhya Pradesh, Chattisgarh and Rajasthan mines. (CW Group) South India's largest cement producer, India Cements, wants to increase their availability of coal by obtaining mining leases in Madhya Pradesh, Chattisgarh and Rajasthan. The... Type: Article Category: Shipping & logistics AP Congressman selling stake in Penna to Cemex 08 May 2010 reported that Cemex is in discussions with Andhra Pradesh Congressman P Prathap Reddy to purchase his privately held Penna Cements, as reported by DNA India. Valuation prices seem to be the stumbling block in finalizing the agreement, with Penna's... Type: Article Category: Mergers & Acquisitions Jaypee buying defunct Zawar grinding plant 07 May 2010 you tried to access is only available to paid subscribers.","link":"1"}] Indias Jaypee Cement is set to acquire Zawar Cements mothballed grinding unit in Wadi, a report from DNA India said. Zawar had bought the Wadi unit from fellow cement maker ACC.... Type: Article Category: Mergers & Acquisitions India: Total cement industry 9-10% sales growth seen 04 May 2010 major cement companies in India, a report in the Business Standard said Wednesday. Aditya Birla Group, Holcim-owned Ambuja Cements and Jaiprakash Associates are all already known to have posted increased sales for April 2010, the report said. Overall, a... 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