Delays expected on Holcim New Zealand cement plant

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Published: Wednesday, 27 April 2011 22:01

Written by Cement Americas News

A decision on whether a new $400 million cement plant will be built near Weston is now not expected until the second half of this year. Holcim NZ, which has resource consents to build the plant, had hoped its parent company in Switzerland, Holcim Ltd, would make a decision before the middle of the year. However, Holcim NZ has now been asked for further information on the proposal. New Zealand has been rocked by series of earthquakes in recent weeks.

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Cemex launches new corporate website

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Published: Wednesday, 27 April 2011 22:01

Written by Cement Americas News

CEMEX, S.A.B. de C.V., of Monterrey, Mexico, announced in mid-February the launch of its newly  redesigned corporate website: www.cemex.com, which incorporates state-of-the-art web technology, and most importantly, aims to significantly improve the user experience of the many Cemex stakeholders visiting the site. The new site features new content and enhanced use of multimedia applications such as videos, photos, and interactive maps.

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Judge rules Lafarge barge did not cause Katrina flooding

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Published: Wednesday, 27 April 2011 22:00

Written by Cement Americas News

A story reported on InsuranceJournal.com said that a federal judge ruled that a barge that landed on top of several homes in the Lower 9th Ward in New Orleans did not cause the floodwall to break during Hurricane Katrina. U.S. District Judge Stanwood Duval Jr. of New Orleans exonerated Lafarge North America Inc. of negligence for a series of decisions made before and during the 2005 hurricane. Some residents claimed the barge caused two breaches in the eastern floodwall along the Inner Harbor Navigation Canal.

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Buzzi sees 2010 core profit missing forecasts

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Published: Wednesday, 27 April 2011 22:00

Written by Cement Americas News

Mulan, Italy-based cement group Buzzi Unicem SpA predicted a deeper-than-expected fall in 2010 core profit on Tuesday, but said signs of improvement could continue in 2011. Italy's No. 2 cement producer said it saw 2010 recurring earnings before (EBITDA) of around US $546 million. 2010 revenues fell 0.9%, broadly in line with expectations. Buzzi operates in Italy, central and eastern Europe, the United States and Mexico.