The Orissa-based OCL India Ltd, producer of the Konark brand cement, is setting up its first integrated steel plant of 0.25Mt per annum capacity.
Thailand’s cement sales in January 2005 showed an impressive growth of 19.6 per cent YoY. The January sales were well above expectation. Domestic cement demand is expected
Capacity utilisation in the Indian cement sector is expected to touch an unprecedented 99 per cent in March. "Companies increase their output because the industry demand peaks around March. However,
UAE Ras al-Khaimah cement manufacturer Union Cement registered cement sales of 1.25Mt in 2004, an increase from 1.04Mt in the previous year, according to the annual report
The growth of pretax profit of PT Semen Gresik would have slowed down in 2004 due to the high base of net profit of 2003. The Finance Director of Semen Gresik, Cholil Hasan, said
Cement despatches have slowed down in February on account of low sales in north India.
The combined sales of Saudi Arabia’s eight cement companies rose to SAR4.9bn (US$1.307bn) in 2004 from SAR4.5bn (US$987m) in 2003.
Vietnam Construction and Machinery Installation Corporation (LILAMA) will execute the VND1 trillion (US$63m) project to build the Song Thao Cement Plant for the Song Thao Cement Company.
Bacnotan Consolidated Industries Inc, a diversified investment holding company, posted a PHP4.09bn net profit last year, a sharp reversal from a PHP583.4m loss in 2003, on account of a one-off gain fr
Chile’s Cemento Polpaico posted a COP14.888bn (US$25.2m) consolidated net profit in 2004, up 45.3% from the previous year, the cement maker reported to the country’s securities regulator (
The central public investment unit of Paraguay’s finance ministry has launched bidding for a consultancy to audit state cement company Industria Nacional del Cemento (INC), the unit said.
After acquiring assets in Canada and the US, Votorantim Cimentos is penetrating in India through the take over of a plant with a capacity of 3.5Mta of cement for US$80m.
Ciments Francais, Italcementi Group sub-holding for international activities, along with a consortium of local and international investors have reached an agreement with the Egyptian
Spanish cement maker Cementos Molins posted a net attributable profit of EUR83.1m for 2004, a 7.6 per cent YoY decrease, the company said. The decrease was attributed to the
In January 2005, Eurocement Group produced 590,000t of cement, a 34 per cent YoY boost. Packaged cement accounted for about 32,000t, an 11 per cent YoY increment.
Spanish cement maker Cementos Lemona posted a net attributable profit of EUR16.9m for 2004, a 5.7 per cent YoY decrease, the company said. Gross operating profit decreased