Cement News tagged: International
Portugal Cimpor 2007 Profit up 4.2% YoY
Cimpor has posted a consolidated net profit of EUR304.1m for 2007, which was a 4.2 per cent YoY rise, the company said in a note to the national bourse regulator CMVM on March 26, 2008.
Italcementi maintains volumes
Italcementi achieved a 2.5% increase in turnover last year to EUR600.9m, in spite of Calcestruzzi not being consolidated for the final quarter and, on an underlying basis, turnover rose by 3.6%.
Pakistani cement makers raise prices on higher costs
It is has been reported that major cement makers in Pakistan have raised prices due to high cost of raw materials
Vietnam Ministry denies cement price hike
The Ministry of Construction has rejected rumours circulated in the local media that cement prices had increased 40 per cent since the end of 2007 or that cement supplies were scarce.
Cimpor’s Peruvian unit to build new plant in 2008
Cimpor’s Peruvian subsidiary Cementos Otorongo will start building a new cement factory in 2008 with a production capacity of 650,000tpa of cement, the company said.
Madras Cements plans expansion
Madras Cements of India will spend INR1524 crore by the end of this year to boost capacity.
Semen Padang posts 47.7 per cent jump in year net profit
PT Semen Padang of Indonesia posted a net profit of Rp358bn (US$39m) in 2007, up by 47.72 per cent from a year earlier.
Huaxin Cement reports strong results, China
Huaxin Cement Co, Ltd about CNY450m profits in 2007, surging 94.26% YoY, and gained operating revenue of
Grasim Industries clinker plant begins operations
India’s Grasim Industries Ltd Wednesday said its 3.3Mta clinker plant in the northern state of Rajasthan has begun operations.
Cement prices drop nationwide, Nigeria
The Federal Government’s intervention in escalating price of cement has paid off as prices drop across the country.
Small players to hike cement prices in Gujarat
Small cement plants in Gujarat have decided to hike prices by Rs 12 per bag of 50 kg effective April 1.
Krasnoyarsk Cement Plant to build new line, double output
The Krasnoyarsk Cement Plant, which is part of Russian holding Sibirskiy Cement (Siberian Cement),
Oil revenues fuel 70 per cent rise in Dubai cement imports
Dubai imported almost 3Mt of cement in 2007, according to state figures, as the Gulf region was gripped by a construction boom fuelled by rocketing oil prices.
Indonesian manufacturers expect 6% rise in domestic market
Leading cement manufacturers expect demand for cement to grow at least six per cent on the back of an improving economy and many large construction projects this year.
Vietnam: Lilama expands international cooperation
The Vietnam Machinery Erection Corporation (Lilama) is expanding its international cooperation by speeding up work to establish a construction machinery company with a Russian partner.
Shree Cement plans to up capacity by 20% Next FY
India’s Shree Cement Ltd plans to increase its production capacity by 20% in the next financial year that begins April 1