Cement News tagged: International
Gresik to spend more for investment projects
State-owned cement maker PT Semen Gresik said it may spend 15 per cent-20 per cent more than US$1.22bn it previously estimated to finance its investment in the next five years.
Thailand’s Siam City Cement 2Q08 earnings to be flat YoY
Siam City Cement (SCCC) is expected to report a 2Q08 net profit of Bt942m, flat YoY but down 7.1% QoQ.
Italy Italcementi wins wind farm licence in Turkey
Italcementi has won a licence for the construction of a wind farm in Turkey.
Iraq opens state firms to foreign investors
Iraq hopes by year-end to conclude production sharing deals with foreign firms to renovate 35 major state industries
Ciments du Maroc borrows US$274m for new plant
Moroccan cement producer Ciments du Maroc signed a MOD2bn (US$274m) loan agreement with five banks to help finance a new factory due to start production in March 2009, the company said.
Indonesia’s H1 cement consumption rises 21 per cent
Indonesia’s cement consumption during the first half of 2008 surged 21 per cent from a year ago supported by growing construction activities,
Siam Cement: healthy 1H08, but weak prospects for 2H08
SCC’s 2Q08 earnings should be better than earlier expectation due to improving margins for cement and
India June cement shipments up 8.7 per cent YoY
Cement shipments in India rose 8.7 per cent in June from a year ago, data from the Cement Manufacturers’ Association showed.
TXI Reports Fourth Quarter and year-end results
TXI today reported financial results for the quarter and year ended May 31, 2008.
Spanish cement sales plummet as housing bubble bursts
Cement sales in Spain, where a decade-long housing and construction boom has come to an end, fell 16 per cent in the first half of the year
Cimpor to increase Brazilian production capacity
Brazil’s third largest cement manufacturer, Portuguese Cimpor, is planning to invest BRL400m (US$248mn)
Shree Cement June shipments up 27.7 per cent YoY
Shree Cement said on Wednesday its June shipments rose 27.67 per cent to 609,000t from 477,000t a year earlier.
First step in major railway plan opens, UK
A new hi-tech building has been officially opened as part of a UK£15m rail investment programme at LafargeCement’s Hope Works.
India Cements to set up four new plants
India Cements Ltd is poised for expanding its cement manufacturing facilities in northern part of the country
Campulung modernisation complete, Romania
Holcim Romania has completed the modernisation of the Campulung-based cement plant in a project worth a total of EUR120m, resulting in a 30 per cent rise in production capacity
Vietnam: City gov’t to regulate retail activities on essential goods
The municipal government will keep a close eye on the prices of essential goods subject to the Government’s price stabilisation politicies, according to a city official.