Cement News tagged: International
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.
Italcementi’s Ciments Francais President Optimistic for 2006
The president of French cement supplier Ciments Francais, a unit of Italian cement group Italcementi, Rene Nanot, said he was optimistic about the group’s 2006 performance and confirmed ambition
RAK plans new cement plant
The Ras Al Khaimah (RAK) Government is planning to set up a new cement factory in the southern areas of the emirate to offset increasing domestic cement demand. The emirate also plans export of excess
Cement prices jump 15% in Feb
Cement makers have raised retail prices by about 15 per cent in February following a recent court ruling restricting the loading of cement on trucks, and prices could rise further in March
Lafarge benefits from strong 2H
Lafarge said full year operating profit was Euro 2.357bn, up seven per cent on the year and up four per cent at constant prices. For the 2H period operating income was up 17 per cent. Net profit was E
Cement Plant Becomes Operational in Quang Binh
The Vietnamese Song Gianh cement plant, at total investment of VND3.2 trillion ($202.5m), was officially put into operation in central Quang Binh province on February 19. The plant, invested by the C
Valderrivas cement now controls Lemona
Cementos Portland Valderrivas said on Wednesday it now controlled 96 per cent of the share capital of rival cement manufacturer Cementos Lemona after a public takeover offer. Valderrivas, which is a u
Mexico Cemex to offer Ara special deal
Cemex and Mexican housing developer Consorcio Ara have signed an agreement, through which the cement company sold an 89-hectare land in Puebla and will supply products at preferential prices. Ara’s I
Semen Gresik expects infrastructure surge
PT Semen Gresik, Indonesia’s largest cement maker, expects sales this year to rise on the back of an expected surge in national infrastructure investment, a senior company executive said Tuesday
Law & order concerns Karachi
Dr. Muhammad Aslam, President of Lasbella Chamber of Commerce has expressed concern over law and order situation in Hub since past few weeks during which bomb blasts in various localities of Hub have
Higher Cement Prices in Ethiopia
Incremental increases in cement prices over the last few months helped boost gross profits of the state-owned Mugher Cement Factory by 46 percent, sources disclosed to The Daily Monitor. The factory
Cemex Venezuela unit reopens
The Venezuelan unit of Mexican cement company Cemex (CX) reopened its administrative offices Tuesday after the Seniat tax authority shut them on Monday for bookkeeping irregularities, said a company e
Falcon Cement Company Bahrain
Falcon Cement Company has recently appointed India-based ERCOM Engineering Company to develop the design of the new cement plant which will cover an area of more than two million square feet in the Hu
Mardin Cimento to build new clinker unit
Turkish cement, clinker and ready-mixed concrete producer Mardin Cimento will start the construction of an additional clinker production facility, worth Euro 45m in March 2006, Mardin Cimento CEO Kema
China’s output of cement in December 2005
China produced 101,860,800t of cement in December 2005. The output in January-December reached 1,038,300,000t, up 11.6 per cent year on year, according to the National Bureau of Statistics.