Cement News tagged: International
Jidong Cement’s annual operational results up 50%-100%
Jidong Cement reported its operational results yesterday. The company realised a net profit of RMB127.725,591.75 in 2005
ACC to enhance Wadi plant
India’a ACC plans to enhance capacity at its Wadi plant in Gulbarga district of Karnataka, as part of its overall expansion plans to meet growing demand for the material in the country.
Italcementi to invest in Bulgarian upgrade
Italian cement giant Italcementi Group will spend BGN 360m (Blugarian lev) on the upgrade of its Devnya Cement plant in the northeastern Bulgarian city of Devnya, the company said.
Lafarge Shui On Cement inaugurates a new production line, China
Lafarge Shui On Cement announces today the inauguration of a new production line at the Dujiangyan cement plant in Sichuan province in south-west China. Representing a total investment of US$58m,
PPC won’t profit from imports, South Africa
Cement producer PPC says it is not going to profit from imported cement that the company has had to bring into South Africa to meet growing cement demand in the construction industry.
Indonesia’s Gresik passes profit target
PT Semen Gresik Tbk has said that the company’s 2006 net profit increased by 30% from IDR1.02 trillion in 2005 to IDR1.32 trillion, compared with the target of IDR1.12 trillion.
India Cements plant in Himachal delayed by six months
The Chennai-based India Cements Ltd proposed plant in Himachal Pradesh has been delayed by at least six months as costs have gone up
Ukraine cement output up 12.9%, 2006
Ukraine’s cement output grew by 12.9 per cent YoY to 13.732Mt in 2006, data of the State Statistics Committee showed.
Indian cement makers’ profit seen soaring
Indian cement companies should report robust quarterly earnings growth helped by higher prices and strong demand, a trend expected to continue in coming months on rising investment in roads, bridges a
Good year for Chinese cement
China’s cement industry has made some notable gains. By the end of November, 2006, the national cement output reached 1.097bn tons, increasing by 19.7 per cent on 2005. It was predicted that the
Indonesia’s December cement sales up 12.3 per cent YoY
Indonesia’s domestic cement consumption rose 12.3 per cent in December from a year ago, resulting in a small rise for 2006 despite
Resource consent process outlined, New Zealand
Holcim (New Zealand) Ltd has outlined the resource management process for its proposed cement plant at Weston.
Italcementi project in Bulgaria secures govt backing
The Bulgarian government will issue a First Class Investor certificate to Italy’s Italcementi for its EUR185m Devnya cement mill project.
Brazilian cement sales seen rising by 10 per cent in 2007
The Brazilian cement segment, one of the thermometers of the civil construction sector, expects a 10% rise in sales in 2007 compared to 2006,
Cement demand expected to boom
Vietnam will need about US$3.4bn worth of cement between now and 2010 to meet burgeoning demand, the Ministry of Construction said yesterday.
Coal price hikes to impact cement makers more than steelmakers
Analysts at UBS say that a potential increase in coal prices in 2007 is likely to have a more severe impact on cement makers than on steelmaker