Cement News tagged: International
Vietnam expected to see cement oversupply in 2010
Vietnam’s domestic supply for cement is forecast at around 60Mt in 2010, while its demand at some 50Mt,
Holcim to offer C$36.50 per share for rest of St Lawrence Cement
Holcim Ltd announced it will make a C$36.50 per share cash offer for all outstanding shares of Canada’s St Lawrence Cement Group Inc (SLC) it does not already own, valuing the total minority sh
Cement scam escalates as shortages trouble suppliers, South Africa
Bogus agents are attempting to take advantage of cement shortages in an alleged scam aimed at building material merchants, government buyers and agents.
Valderrivas enjoys 28% hike in 2006 net profit
Cementos de Portland Valderrivas, Spain’s largest cement manufacturer, said its net profit last year grew 28.3 per cent to EUR175.9m as revenues increased 49.9 per cent to EUR1.466bn on the back
NT boom cements record profits
The terrority construction boom has helped a South Australian cement and lime company make record profits.
Cement road plan announced
The Indore Municipal Corporation (IMC) has chalked out a Rs 8 crore project to build cement roads at Transport Nagar
Cimpor raises bid for MISR Cement
Cimpor has outbid Egypt’s ASEC Cement in a battle to take over Egypt’s Misr Cement Qena.
Lafarge posts strong FY profit
Lafarge reported a jump in full-year profits, within the range of analyst forecasts, citing positive market trends and the impact of restructuring, and said it expects to exceed its own targets for ea
Semen Gresik eyes net Profit Growth of 30%
PT Semen Gresik Tbk has targeted to grow by 30% in term of net profit this year. In 2006 the bank has managed to book the net profit of IFT1.32 trillion, compared with IDR1.12 trillion in 2005.
Belarus intends to use Chinese loan to upgrade its cement factories
Belarus is to use Chinese loan to upgrade its cement factories. This issue was raised recently when a delegation of the Belarusian ministry visited China. T
97.3% of Novoroscement sold, pending FAS approval
Chevre Investments Ltd. of Cyprus purchased 97.29% of Novoroscement, one of Russia’s largest cement producers, Aton Capital quoted Vedomosti as reporting, citing the Federal Anti-Monopoly Servic
Bulgaria is Titan’s top performer in 2006
Titan’s turnover rose by 16.8% to EUR1568m in 2006 and the operating profit at the EBITDA level improved by 23.7% to EUR481m.
Pakistan cement makers slash prices
Cement companies have reduced cement prices by Rs 5-12 per 50-kg bag after government’s straight instructions to manufactures to cut prices within a week or face action.
Fauji Cement’s half-yearly profit crosses Rs 366m
The Fauji Cement Company Limited (FCCL) has earned Rs 366.096m after tax profit in the first half of current fiscal year of 2006-07.
India cement consumption to cross 150Mt this fiscal
With the capacity utilisation crossing the 100% mark for the first time in January 2007 and two more peak months of February and March left in the current fiscal, cement consumption this fiscal is all
Mediterranean find petcoke cheaper option
Cement makers in Turkey, Greece and Italy are seeking more steam coal to replace expensive petcoke for 2007 delivery, traders and cement industry sources said.