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Martin Marietta Materials acquires Cemex quarry ops 16 June 2009 Martin Marietta Materials (MMM) announced on Monday that it acquired three of Cemex' US quarries plus the balance in a JV for $65 million. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid... Type: Article Category: Mergers & Acquisitions Sinoma finalizes investment in Qilianshan Cement 16 June 2009 Sinoma will pay RMB 501.05 million for 55 million A shares in Qilianshan Cement. (CW Group) China National Materials (Sinoma) will become the second largest shareholder of Qilianshan Cement.┬á Sinoma reached an agreement with Qilianshan to subscribe... Type: Article Category: Mergers & Acquisitions Cemex declines on asset sales 16 June 2009 Ltd.┬á $4 billion of the $14.5 billion debt will be due in 2010. Cemex also sold holdings in the US toMartin Marietta Materials Inc.┬á The sales will have a ÔÇ£mildly positiveÔÇØ effect on the credit quality of the company.┬á Fitch Ratings, accordingly,... Type: Article Category: Financial Spending cuts at CRH to boost cash 16 June 2009 Ireland-based CRH plans spending cuts to improve cash flow. (CW Group) Ireland-based building materials group CRH is cutting capital expense projects on equipment and plant operations in an effort to improve cash flow, reports Independent. The Royal... Type: Article Category: Financial Construction slows in Venezuela 15 June 2009 have been declining.ÔÇØ According to Romero, production levels remain similar to 2008 despite the cost of some building materials increasing by 2.5% last month. According to El-Carabobeno, the current price of cement is almost 20 bolivar fuerte per bag,... Type: Article Category: Markets & Competition Vulcan takes defensive financial measures 12 June 2009 Vulcan announces a dividend reduction, lower profit forecasts, and a public share offering. (CW Group) Vulcan Materials hit its investors with three pieces of critical news on Wednesday, according to Forbes.com. The cement and asphalt producer based in... Type: Article Category: Financial Oversupply concerns discussed at China Conch Forum 12 June 2009 represented at the forum including the president of China Cement Association Lei Oianzhi, the president of China Building Materials Federation Zhang Renwei, the chairman of Conch Group Guo Wenshan, the general manager of Sinoma Group Tan Zhongming, and... Type: Article Category: Markets & Competition Growth seen in green building materials 11 June 2009 Green building materials market continues to grow by five percent annually. (CW Group) The green building materials market is expected to reach $572 billion by 2013, reports Lesprom. The market continues to grow by approximately five percent each year.... Type: Article Category: Environment China overcapacity looming 11 June 2009 1.7 billion tons, exceeding the demand by 300 million tons. According to Zhang Renwei, chairman of the China Building Materials Federation, the production output in the first four months was 429 million tons. This was an increase of over 10% vs. the... Type: Article Category: Markets & Competition Industry seeks freight subsidy in India 11 June 2009 of bringing the value added tax (VAT) more in line with the steel industry, ÔÇ£steel and cement are equally important materials needed for construction activity. While the VAT on steel is only 4%, on cement and clinker, it is 12.5%.ÔÇØ The Business... Type: Article Category: Markets & Competition Industry seeks freight subsidy in India 11 June 2009 of bringing the value added tax (VAT) more in line with the steel industry, ÔÇ£steel and cement are equally important materials needed for construction activity. While the VAT on steel is only 4%, on cement and clinker, it is 12.5%.ÔÇØ The Business... Type: Article Category: Markets & trade The current economic climate and the opportunities for cash rich cement players 05 June 2009 written by Mr. Terry Pavlopoulos, MD of Construction Knowledge, a global advisor exclusively focused on the building materials and construction industries. The article titled "The current economic climate and the opportunities for cash rich cement... Type: Article Category: Features Goldman: Italy weakest cement market 05 June 2009 markets. (CW Group) Goldman also said that Lafarge would generate the highest free-cash-flow yield in the building materials sub sector in the next two years and further repair its balance sheet, MarketWatch wrote. The broker also downgraded Buzzi... Type: Article Category: Markets & Competition Pikalyovo workers paid after Putin visit 04 June 2009 of alumina crashed. The closure led to two other cement plants, Metakhim and Pikalyovo Cement, stopping receiving raw materials from BasEl Cement Pikalyovo and to their closure, but Pikalyovo Cement partly resumed production in spring 2009, by creating... Type: Article Category: People Aumund wining Saudi, GCC business 03 June 2009 major manufacturer of steel," he said. According to him, the company is also trying to enter into a contract for supplying materials with Alba and Dubal. "We are also in the final stages of negotiations with an iron ore facility in Oman, which will be... Type: Article Category: Equipment May cement transaction double on the MSE 02 June 2009 265 million rubles, 1.8 times more than in April. The volume of traded cement increased to over 128.700 tons. The Building Materials price index increased by 7% to 2,366 rubles per ton, NSP reported. [/PAID] Copyright CW Group. All rights reserved.... Type: Article Category: Volume & Pricing Buzzi USA recognized for environmental practices 01 June 2009 replacement of coal when using the material, SPL's raw material constituents also allow for modest replacement of raw materials such as sand and shale. Based on the success of the SPL project, Buzzi Unicem USA is exploring the possibility of... Type: Article Category: Environment New cement plant being transported to Tanzania 31 May 2009 of a 1.000 tpd turnkey cement plant project at Ndola, Zambia, in 2006, as well as the successful completion of bulk materials handling projects in 2007. Tanga port is a natural harbour, but is very shallow and ocean-going vessels cannot berth alongside... Type: Article Category: Equipment New cement plant being transported to Tanzania 31 May 2009 of a 1.000 tpd turnkey cement plant project at Ndola, Zambia, in 2006, as well as the successful completion of bulk materials handling projects in 2007. Tanga port is a natural harbour, but is very shallow and ocean-going vessels cannot berth alongside... Type: Article Category: Shipping & logistics Holcim US adds to temporary layoffs 30 May 2009 their competitiveness in recent years." Tully said she was "not sure of the current differential, the cost of imported materials from overseas were less than production costs locally last year." Catskill Plant Manager Tom Campion had said previously... 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