Cement News tagged: International
GCC reports record fourth quarter results, Mexico
Mexico’s Grupo Cementos de Chihuahua (GCC) consolidated results for the fourth quarter and full year ended December 31, 2005.
Gresik posts US$100m net profit, Indonesia
State-run cement maker PT Semen Gresik posted a net profit of Rp936.314bn (US$100.8m) last year, up by 83.37 per cent from a year earlier.
Holcim plans merger with Stredoslovenska Cementaren
The largest cement producer in Slovakia, Holcim Slovensko, a.s, Rohoznik wants to merge with Stredoslovenska Cementaren, s.r.o. Banska Bystrica. Both companies deposited a draft agreement on merger in
Cement prices in Andhra at a new high
Cement prices in Andhra Pradesh are at a new high with the onset of summer, which usually sees hectic construction activity in the state.
Cement monopoly damaging Jamaica
The opposition Jamaica Labour Party (JLP) stated yesterday that a monopoly in the cement market is not in the interest of the Jamaican people.
Loss-making cement firms rise in spite of growth
China’s cement industry experienced healthy growth in 2005 despite rising energy costs and lower prices due to more efficient labor. The number of loss-making companies, however, increased.
Portugal’s Cimpor sells 19% Lemona stake, Spain
Cimpor said it has sold its 19 per cent stake in Spain’s Cementos Lemona SA to Cementos Portland Valderrivas SA for EUR69.2m.
Colombia’s Cementos Argos 2005 net up
Cementos Argos SA , the biggest Colombian cement maker, said its net profit in 2005 fell three per cent to COP225bn (US$100.2m) from COP232bn the year before mainly because of lower prices in Colombia
China’s 2005 cement output 1.06bn tons, no new plant approval
China’s cement output for 2005 rose 9.3 per cent to 1.06bn tons, the National Development and Reform Commission (NDRC) said in a statement.
Taiwan Cement sees 2006 profit growth
Taiwan Cement Corp chairman Koo Cheng-yun said company profits in 2006 will surpass the level achieved in 2005 amid its capacity expansion in China, the Economic Daily News reported
Meet on cement unit revival, India
A meeting of representatives of the Union Industry Ministry, trade unions and management of Cement Corporation of India (CCI), bankers and creditors with the Board for Industrial and Financial Reconst
Cement lured to go off road, India
The Railway budget has brought some cheer for cement makers reeling under ever increasing road freight. Though the railway minister hasn’t tinkered with the rate classification for cement and cl
Iran’s VP visits Syrian cement factory
Iran’s First Vice-President Parviz Dawoodi, who is in Syria to attend Iran-Syria High Committee, visited a cement plant near the city of Hama.
Firms to return growth, Malaysia
After a tough year battling problems like limited supply and going through a price war in 2005, cement companies in Malaysia look set for a more stable year ahead
Titan Cement 2005 net grows 19 per cent
Net profit at Greek cement producer Titan grew 19 per cent in 2005, at the top end of analysts’ forecasts, helped by strong foreign growth and a rebound in domestic construction in the last quar
Lafarge Malayan Cement’s year tax profit plummets
Lafarge Malayan Cement Bhd’s annual pre-tax profit has plummeted 71.7 per cent due to sharply lower domestic selling prices in the first half of the year.