The past year was an outstanding year for the South African cement industry with several sales records being broken, John Sheath, marketing manager of the Cement & Concrete Institute, has reported.
Net profit at Egypt’s Tora Cement rose 176 per cent in 2004 to E£151.9m (US$26.14,m), the stock exchange said in a statement.
Colombian cement maker Cementos del Caribe posted a profit of COP83.74bn (US$35.5m) for 2004, down from COP104.07bn (US$44.1m) for the previous year.
Maltsovsky Portlandcement based in the Bryansk region produced 155,000 tons of cement in January, an increase of 20 per cent from the figure posted in the same period 2004.
Brunei will again import cement to stabilise the price of the commodity and ensure its continuous supply for the interest and development of the construction industry in the country.
Qatar National Cement Co (QNCC) registered a net profit of QAR170m (US$46.7m) in 2004, compared to QAR153m (US$42m) in 2003.
Cemex has signed a US$389m agreement with Brazil’s Votorantim Participacoes to sell assets in the USA, Cemex said in a statement.
The India cement sector has registered 11% surge in sales last month, thanks to robust housing demand across most markets.
Lafarge Boral Gypsum in Asia (LBGA) plans to invest about $30m to double its plasterboard manufacturing capacity in China, Lafarge said in a statement. The group will build two new
The largest cement producer in Slovakia, Holcim Slovensko, a.s, Rohoznik, assumes that it closed the year 2004 in the red based on initial estimates. The company already closed the first half of the y
The net profit of UAE Ras al-Khaimah Co for White Cement & Construction Materials surged 325.4 per cent YoY to AED40.2m (US$10.9m) in 2004. Earnings per share rose to
Holcim New Zealand has avoided imminent strike action after unions lifted their strike notice following negotiations with the company. Two of the three unions representing ship staff on the Milburn C
Turkish cement and clinker producer Batisoke Cimento registered a YoY rise in net profit for 2004. The rise is explained by the fact that the company’s results are adjusted to inflation in addit
In 2005, the increase in cement production in Russia is set to continue. According to the Eurocement Group, its 2005 cement output is projected at 50.5 to 50.7Mt. In 2004, Russia
The net profit of publicly listed PT Semen Gresik Tbk (SG) is going to fall if the company’s Tuban 1, 2, and 3 factories are sold since 80 percent of the company’s profit is contributed
During the year under review Pakistan’s Attock Cement’s sales in term of value increased to Rs 1.882bn as against Rs 1.143bn registering 30.4% increase YoY. Its Falcon brand cement further entrenched