Cement News tagged: International
Siam City Cement says rising costs to damp 2005 profit growth
Thailand’s second-largest cement maker Siam City Cement PCL expects its net profit growth this year to be lower than last year’s, despite rising sales, mainly because of higher production
Cement production to achieve 1Mt, Brazil
Brazil expects to produced around 1Mt more of cement this year. In 2004, the companies active in the sector produced 34.4Mt according to the National Union of the Cement Industry, which believes that
Southern Province cement H1 profit up 14%
Saudi Arabia’s Southern Province Cement Co first-half net profit rose 14 per cent to 323 million riyals ($86m), the company said. Southern Province Cement, the kingdom’s largest listed cem
Cement sales rise on construction boom, India
Cement sales rose strongly in June as firms stepped up construction activity across the country spurred by strong growth in Asia’s fourth-largest economy
Cemex And Ready Mix USA Complete JV
The US subsidiary of Cemex and Ready Mix USA, a private ready-mix concrete company with operations in the Southeastern United States, today announced that they have established a Joint Venture to sat
CRH pretax profits rise again
CRH announced that it expects that profit before tax for the six months to Jun. 30, 2005 will show a percentage increase in the high teens compared with 2004 (2004: Euro 319m on an IFRS basis). The
Lafarge, Comex team up to build gypsum plant
Lafarge will team up with Mexico’s largest paint manufacturer Comex to build a gypsum production plant in the central state of Querétaro, local press reported. The two firms will also create a
Oman Cement to boost output capacity
Majority state-owned Oman Cement Company said on Monday it will increase its production capacity by 88 per cent to 3Mta, to meet increasing demand in local and international markets. Current output
Qilianshan Cement to build two production lines
Qilianshan Cement Co. Ltd in northwest China’s Gansu Province announced recently that the company will invest 530 to 610 million yuan (approx US$70m) in building two new cement
Cement prices on decline, no need for import duties
There will be no need to impose regulatory duty on Pakistan’s cement imports since its the prices have already started to decline after increased supply by the industry, said Tariq Sehgal, the chairma
QNCC production capacity to increase
Qatar National Cement Company (QNCC) production capacity is expected to reach a total of 7000tpd cement by the end of this year when the new unit currently being assembled goes on stream in October, Q
India Gujarat floods stop production
Heavy rains over the past week in the industrialized western Indian state of Gujarat have halted operations of some companies, but major financial impact is unlikely, say analysts. Ultratech Cement s
Hainan’s largest cement production project operational
A 2Mta cement plant has been put into production recently in Changjiang Li Autonomous County, South China’s Hainan Province, after construction for one year and a half. The plant,
Saudi Cement Co to import 500,000t clinker
Saudi cement producer Saudi Cement Company (SCC) has signed an agreement to import 500,000t of clinker, used for cement production, local media reports. The move is aimed at
Competition to stay robust - Fletcher
Fletcher Building’s proposed purchase of assets from Auckland company W. Stevenson & Sons would not reduce competition in the ready-mix concrete building products sector, says an independent app
Hyundai Cement to shut down plant until September
South Korea’s Hyundai Cement Co said Saturday it was shutting down one of its two main plants until September to ease inventories and save production costs. In a disclosure statement to the Fin