International

07 March 2005

OCL India to set up integrated steel plant

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.

07 March 2005

Good start for cement demand this year

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

07 March 2005

Cement firms foresee high capacity usage

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,

07 March 2005

Union Cement 2004 sales gains

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

07 March 2005

Semen Gresik growth to slow

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

04 March 2005

Cement sales slow down in February, India

Cement despatches have slowed down in February on account of low sales in north India.

04 March 2005

Combined cement sales at US$1.307bn, Saudi Arabia

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.

04 March 2005

LILAMA paves way for cement plan, Vietnam

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.

04 March 2005

Bacnotan Consolidated Industries Inc profit, Philippines

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

04 March 2005

Cemento Polpaico profits on reduced costs, Chile

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 (

04 March 2005

Government launches INC audit consultancy

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.

04 March 2005

Brazil: Votorantim enters India

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.

04 March 2005

Ciments Francais takes controlling stake of Suez Cement, Egypt

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

03 March 2005

Cementos Molins posts EUR 83.1m profit, Spain

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

03 March 2005

Eurocement January output, Russia

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.

03 March 2005

Cementos Lemona EUR16.9m profit, Spain

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