Cement News tagged: International
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.
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