May 2008: Profits in Egypt

First quarter results have been announced for Alexandria and Suez Cement

Read More» | 16 May 2008

May 2008: FLSmidth acquires Pneumapress Inc.

FLSmidth has acquired the automatic pressure filter business of U.S. based Pneumapress Inc., a global leader in fully automatic pressure filtration and drying technology. The transaction is valued at approximately US$18 million (approx. DKK 87 million), subject to certain conditions being met. Effective date of the acquisition is 15 May 2008.

Read More» | 16 May 2008

May 2008: Cement firms reach agreement over price cuts

Cement manufacturers in India are acknowledging the government's efforts to curb inflation by agreeing to reduce prices between Rs.3.5 and Rs.7 per 50 kg bag in various states.

Read More» | 16 May 2008

May 2008: Lucky Cement signs MoU with Noor Investment

Lucky Cement has signed a Memorandum of Understanding (MoU) with Noor Financial Investment Company (Noor) for the supply of 500 000 t of clinker per annum for a period of five years, with the possibility of an additional 150 000 tpa.

Read More» | 16 May 2008

May 2008: No shortage of cement

"Cement will not be short in Jamaica this year," Karl Samuda, Minister of Industry, Investment and Commerce assured Parliament on Tuesday.

Read More» | 16 May 2008

May 2008: Lafarge offer aid and support in China

Lafarge actively participates in rescue efforts following the devastating earthquake in Sichuan Province, China.

May 2008: Lafarge advances in Indian ready-mix market

In line with its strategy to develop its Aggregates & Concrete business in emerging markets, Lafarge has announced the acquisition of L&T Concrete for an enterprise value of €226 million.

May 2008: Cement consumption continues to rise

Following on from a solid first quarter, Indonesian cement consumption continued to rise through April.

May 2008: US downturn's impact on cement industry 'will not be mild'

US industry braces for one of the worst downturns in post-WWII era

May 2008: More obstacles for Indian cement industry

In addition to struggles with capacity and prices, the Indian cement industry is also facing a similar problem to that experienced in the industry worldwide: attrition. With new capacity continually coming online, both domestically and in the surrounding countries, companies are finding it hard to retain their employees.