Cement News tagged: International
Madras Cements posts four-fold rise in net profit, India
Madras Cements Ltd has posted a net profit of Rs 78.85 crore for the quarter ended June 30, a 4.3 times jump over the Rs 18.06 crore reported in the corresponding period last year. Sales during the pe
OCI launches new plant, Pakistan
Orascom Construction Industries (OCI) announced that cement and clinker production at its new plant in Pakistan has commenced onschedule. OCI subsidiary Pakistan Cement Company (PCC) owns the property
Government sells off Portland Cement, Tanzania
The Government of Tanzania is planning to sell 53,975,900 ordinary shares it holds in the Tanzania Portland Cement Company (TPCC).
Gresik books 20 per cent rise in 1H profit, Indonesia
Semen Gresik Tbk booked an increase of 20% in its revenue to over IDR3.5 trillion in the first semester of this year from the same period last year.
Ministry and industry to meet over price increases, Jamaica
Finance and Planning Minister, Dr. Omar Davies and Industry, Technology, Energy and Commerce Minister, Phillip Paulwell are scheduled to meet with the management of the Caribbean Cement Company Limite
Housing Agency to decide on cement procurement, Ethiopia
The Addis Abeba Housing Agency, which collected proof of purchase from international companies for the supply of cement in its construction of 65,000 houses, said it will reach its decision this week.
Lafarge to invest $450m in two plants, Indonesia
Lafarge is planning to build two new cement plants in Indonesia, a senior government official told Dow Jones reporters on Thursday.
Twiga Cement set aside US$100m for investment
Tanzania Portland Cement Company Limited (TPCC), says it has set aside USD100m as capital investments in the next three years to keep abreast with rising cement demand, and warned it might not declare
Lafarge inaugurates its first cement grinding plant in Vietnam
Lafarge, which first moved into the Ho Chi Minh City region in 2001 with ready mix concrete operations, has just inaugurated its first cement grinding plant on the Long Tau river, 25km south-east of H
CIMA receives fresh offer from Vicat, Malaysia
Cement Industries of Malaysia Bhd (CIMA) said it has received a fresh offer from French cement company VICAT to acquire stakes in its subsidiaries.
International creditors offer huge loans to Tay Ninh Cement, Vietnam
BNP Paribas of France and China’s ICBC on Monday signed a loan agreement with Vietnam’s FICO to provide the latter a syndicated loan of US$97.1 million to build Tay Ninh Cement Factory.
Government to tackle Carib Cement over price hike
Industry and Commerce Minister, Phillip Paulwell, and Finance Minister, Dr. Omar Davies, are to tackle Caribbean Cement Company Limited over its latest round of price increases.
Taiwanese expect profit decline in China
Taiwan’s cement makers with operations in mainland China will see their profits for the year drop 10 per cent from their projections made in the beginning of this year, because the cement prices in th
Kien Giang produces 1.86Mt of cement
The southern province of Kien Giang has produced 1.86Mt of cement so far this year, earning VND1.4 trillion (US$88m) in revenue, says the provincial industry department. Ha Tien Cement Co accounted f
Lafarge set to gain in Malaysia
Lafarge Malayan Cement Bhd, has been singled out by AmResearch in a report released yesterday. With its 44 per cent market share, Lafarge was also the leader in the domestic cement market, said the b
Two new cement plants planned
The Philippine Yuchengco group of companies and businessman Eduardo Cojuangco Jr. are putting up separate cement factories with a minimum investment cost of P1 billion each. Industry sources said cons