Stay up to date with the latest news and updates from the cement industry.
Working with the US Environmental Protection Agency (EPA), US cement producers continue to improve their energy efficiency and make other environmental strides. In little more than a decade, the industry has reduced its energy intensity by 10%, as improvements made by proactive companies have transformed the industry’s energy performance.
Titan Cement and Cimpor have issued statements relating to their financial results for the first nine months and third quarter of 2009.
The supply-demand ratio is causing problems for countries that can produce sufficient cement to meet demand, but not necessarily at internationally competitive prices.
FLSmidth has signed a contract with Chinese-owned Minera Chinalco Peru for equipment for its Toromocho copper mine.
According to reports, the Algerian government is planning to consolidate its state-owned cement plants to form a company that will challenge Lafarge for a greater share of the Algerian market.
Construction of the EURUS wind farm project was completed on 15 November 2009. The wind farm will supply approximately 25% of Cemex’s energy needs in its Mexican cement plants.
Peru’s second largest cement producer has revealed plans to invest some US$ 300 million to develop and phosphate mine and processing plant.
FLSmidth has signed a contract worth approximately U$ 40 million (about DKK200 million) with state-owned LILIAMA Vietnam Machinery Installation Corporation.
Indian cement companies are once again making headlines, as expansion projects are revealed, fundraising is announced and mergers are confirmed.
Erdene Resource Development Corp. has provided an update on its principal projects in conjunction with the release of its third quarter 2009 financial results.
Massey Energy Co. has completed the acquisition of metallurgical and steam coal reserves from now-bankrupt Appalachian Fuels, LLC and its affiliates.
FLSmidth & Co. A/S has published its results for the first nine months of this year. Figures show that the global economic downturn has had a significant impact on the Group’s earnings, but some signs of improvement are beginning to be felt.