Cement News tagged: International
Oman Cement net rises
Oman Cement Company 51 per cent owned by the Sultanate government, yesterday reported a 26.1 per cent rise in net profit to RO9.752 million during the first half year period ended June 2006 as against
Eastern Europe pushes Dyckerhoff ahead
The separately quoted Buzzi Unicem subsidiary has reported a 6.1 per cent increase in first half turnover to €624m, but thanks to sharply improved profitability in Eastern Europe and in the United Sta
Construction corporation to step up operations
The Vietnam Construction and Machinery Installation Corporation (Lilama) is stepping up its energy, cement and ship-building projects valued at a combined US$1.8bn, said the company’s general di
Inekon Group to build Vietnam plant
Czech firm Inekon Group today signed a contract for the construction of a new cement factory for EUR115m (Kc3.3bn) in Vietnam with the management of Vietnamese company Phu Son Cement JSC. Inekon Grou
Minister ‘instigated Mapelu sacking’
THE East African Portland Cement Company (EAPCC) lost more than Sh48 million through underhand dealings by powerful personalities in the government, a parliamentary committee has claimed. The Parliame
Portland Cement looks for a new CEO
The board of directors of the East African Portland Cement Company (EAPCC) has appointed Mr Ndegwa Kagio as the acting managing director as an interim measure. The board resolved to immediately advert
New kiln for Belarusian plant
The Belarusian Cement Works (BCW) in Kostyukovichi, Mogilyov region, has begun the construction of a new cement kiln with a 600tpd capacity, an executive with the enterprise’s sales department t
HeidelbergCement To Raise Cement Prices In 2007
Germany’s HeidelbergCement AG said Friday it will raise cement prices starting early 2007. Chief Executive Bernd Scheifele said Friday in a telephone press conference the company currently isn&r
Twiga Cement crisis yet to be resolved
Over 180 casual labourers of a Dar es Salaam-based company, Hoageys (T) Limited, who were verbally fired on Thursday this week, have vowed to continue assembling at the company’s grounds pending final
Saudi Arabia licenses new cement company
Saudi Arabia has licensed al-Jouf Cement Co, a firm with a paid-up capital of 1.02 billion riyals (US$267m), the state news agency SPA said on Sunday. The planned company is at least the fifth to be a
HeidelbergCement Q2 operating profit jumps
HeidelbergCement reported operating profit of EUR498m (up from EUR325) operating profit on Friday, thanks to a recovery in demand in Europe, strong growth in North America and cost cuts.
’Cement Plants Should be Built Overseas’
Rising demands for cement from the international market should be responded by the national cement producers by constructing cement plants overseas, especially in countries that have huge market and a
Vietnam supplies pours 18.8Mt of cement
The Vietnamese cement industry produced 18.8 million tonnes of cement in the first seven months of the year, said the Ministry of Construction. Domestic cement makers have a combined annual production
Romcim sales up 24.2 per cent YoY H1 2006
Cement producer Lafarge Romcim registered a 24.2 per cent YoY increase in sales value and a 21.4 per cent rise in volume in the first half of 2006.
Lafarge improves volumes and margins, investment plans in China
Lafarge’s turnover increased by 21.3% to EUR 8,759m and the EBITDA by 31.5% to EUR 1,699m. The trading profit before exceptional items pushed ahead by 40.6% to EUR 1,177m, while the net attributable p
JK Cement to invest INR7.5bn in new plant, India
JK Cement Ltd. will invest more than INR7.5bn to set up its fourth plant in the southern Indian state of Karnataka to increase marketshare in the region, a senior official said.