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Holcim US adds to temporary layoffs 30 May 2009 Holcim US announced it will temporarily reduce its workforce at the Catskill plant, but the plant will remain open. (CW Group) The layoffs are said to affect about 35 workers are the plant in New York state and┬áfollow an earlier┬áreduction of 26... Type: Article Category: People Holcim Bangladesh gets new MD 27 May 2009 Holcim Bangladesh recently appointed Rajnish Kapur as its new managing director. (CW Group) Kapur, who succeeds PN Iyer, has more than 23 years of experience and is an engineer by training, a news release said. He has a Six Sigma Green Belt from the... Type: Article Category: People Hanson UK said to be up for sale at ┬ú1 billion 24 May 2009 to cherry-pick assets," the Daily Mail said. He added that businesses such as CRH, the Irish building materials giant, and Holcim, the Swiss worldwide supplier of cement and aggregates, might consider acquiring parts the business.┬á Hanson UK employs... Type: Article Category: Mergers & Acquisitions Garadagh gets EBRD modernization loan 23 May 2009 million euro subordinated loan for EBRDÔÇÖs account. An additional 30 million euro subordinated loan is to be provided by Holcim ÔÇô the main shareholder Garadagh Cement. Garadagh Cement plans to increase clinker production capacity from 2,616 tpd to... Type: Article Category: Financial Brussels: New strategy to reduce greenhouse gases 22 May 2009 Europe is about to cut emissions, that isnÔÇÖt going to prompt India, for example, to do the same.ÔÇØ Patrick Verhagen of Holcim stated, ÔÇ£weÔÇÖre not trying to get out of any schemes. This fits quite well with the U.N.ÔÇÖs roadmapÔÇØ in reference to... Type: Article Category: Environment Cemex Venezuela takes over IT systems 19 May 2009 areas, including spaces. On April 4, 2008 the President of Venezuela ordered the confiscation of Cemex, Lafarge and Holcim - none of which have been fully compensated yet for the seizure. Copyright CW Group. All rights reserved. Unauthorized... Type: Article Category: Equipment Holcim Indonesia repays $50MM loan 19 May 2009 Holcim Indonesia announced that it has paid off $50 million of debt to its parent company. {reg] The company plans to cut further its dollar-denominated debt, which currently stands at $250-280 million, Reuters said. {/reg} Type: Article Category: Financial Salim Group seeking to acquire Indocement stake 18 May 2009 agrees to sell more than just 15% stake. A number of other investors have been reported interested in the stake, including Holcim and Lafarge. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Markets & Competition Holcim Philippines Q1 rockets ahead 17 May 2009 Holcim Philippines first quarter 2009 profits leaped 174% year-on-year to P475,9 million, on higher sales.(CW Group) Holcim said that sales for the period rose 18,9% to P4,15 billion as demand in the Philippines grew 14%, Xinhua wrote. In a statement to... Type: Article Category: Financial SCCC improves margins as sales fall 17 May 2009 consumption in production. This will also eliminate 100,000 tonnes of carbon emissions a year," said Mr Kantanit to the BP. Holcim controls SCCC. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. ┬á Type: Article Category: Financial SCCC improves margins as sales fall 17 May 2009 consumption in production. This will also eliminate 100,000 tonnes of carbon emissions a year," said Mr Kantanit to the BP. Holcim controls SCCC. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. ┬á Type: Article Category: Markets & trade Cemex has Mexico's highest prices 15 May 2009 had the highest sales price in the country during the first four months of the year. Prices were marginally higher than Holcim Apasco and 4% more expensive than the Cruz Azul, according to a price survey by Citigroup. According to the report by... Type: Article Category: Volume & Pricing HeidelbergCement selling Indonesia co stake 14 May 2009 Lafarge, Holcim and Siam Cement and a local group are said to be interested in a 15% stake in Indocement Runggal Prakarsa offered for sale by HeidelbergCement. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only... Type: Article Category: Mergers & Acquisitions Lafarge inaugurates Mfamosing factory 14 May 2009 Unicem, a joint venture between Lafarge, Holcim, Dangote and Flour Mills, inaugurated on May 12 its new Mfamosing cement plant. (CW Group) The Mfamosing unit is located about one hundred kilometers south-east of Calabar, capital of Nigeria's Cross... Type: Article Category: Plant Expansions Lehigh cuts production at Mason City 13 May 2009 capacity in the very near future," he said. "Obviously, itÔÇÖs just a challenging economic situation across the country." Holcim said it will monthball its Mason City plant permanently sometime later in the third quarter, plant Manager Deon van den Berg... Type: Article Category: Markets & Competition Holcim Indonesia seeks $40MM acquisition loan 10 May 2009 PT Holcim Indonesia is requesting $40 million in medium-term loans from local banks to help finance the acquisition of a Malaysian unit. (CW Group) The Malaysian business is affiliated with Holcim and the transaction is valued at approximately $50... Type: Article Category: Mergers & Acquisitions Garadagh cuts prices 10 May 2009 and Spesial brand AZN 6,5. Garadagh Cement previously announced cuts in cement price on April 1. Garadagh is controlled by Holcim. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Volume & Pricing S Vietnam plants not meeting demand 10 May 2009 million of cement this year, VNS reported. There are five cement production factories in the south of Vietnam: Ha Tien 2, Holcim Viet Nam, Tay Ninh Cement Factory, Binh Phuoc Cement Factory and Binh An Cement Factory. Vietnams Ministry of Construction... Type: Article Category: Volume & Pricing Cemex Venezuela output keeps steady 08 May 2009 ABP said. On April 4, 2008 the President of Venezuela, Hugo Ch├ívez, ordered the seizure of cement Cemex, Lafarge and Holcim. None of the companies have yet to be fully compensated for the nationalizations. [/PAID] Copyright CW Group. All rights... Type: Article Category: Markets & Competition Holcim says no to HC, to cut more 06 May 2009 Holcim Chief Executive Markus Akermann dismissed any active interest in acquiring HeidelbergCement, Reuters said. Separately, additional cost cutting was announced. (CW Group) The CEO said that nothing was on the table when asked about interest in... 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