Italcementi shareholders approve conversion of savings shares into ordinary shares
The mandatory conversion of savings shares into ordinary shares is approved by a large majority.
Stay up to date with the latest news and updates from the cement industry.
The mandatory conversion of savings shares into ordinary shares is approved by a large majority.
PPC Zimbabwe has announced that it has installed a new state-of-the-art palletiser and plastic cover wrapping machine, which will enhance efficiency and improve delivery times.
As part of a new co-processing agreement, Cemex uses the non-recyclable waste produced at GM Motors’ San Luis Potosi complex in Mexico as a form of alternative fuel in its cement plants.
UK union GMB has issued a statement expressing concern for employees affected by the uncertainty that will be generated by the merger, which will have to go through significant regulatory approval.
The partnership will see Schneider Electric incorporate Ramco’s advanced process optimisation software into its solutions for the cement industry.
Indian cement demand increased by approximately 2% y/y in January – February 2014, with notable recovery in the northern, western and central regions due to a rise in construction projects.
Bolivia’s Ecebol has awarded an international consortium led by Spain’s Sacyr Industrial a contract for the design, construction, installation and commissioning of a new cement plant in Oruro.
March 2014 Portland cement statistics and construction figures from Argentina.
Some key facts about cement and building materials producers Lafarge and Holcim following the announcement that they plan to merge.
Many are sceptical about the competition aspect of the deal, which some have suggested will keep it tied up in red tape for up to two years. However, Imran Akram of IA Cement is upbeat about the news.
Venezuela’s new Minister of Industry took to Twitter to announce that the country is investing in expanding its cement production capacity.
Australia’s construction industry contracted at a milder rate in March 2014 due to slower declines in both new orders and activity. Meanwhile, CSR and Boral have announced intentions to combine their east coast brick operations.