Cement News tagged: International
Holcim Hungaria 2004 revenues
Cement manufacturer Holcim Hungaria Cementipari Rt posted a net revenue of HUF 28.4bn (US$148m) for 2004, company officials said. Holcim Hungaria sold 1.3Mt of cement and 676 cu m of concrete in 2004.
Tanga Cement supports Zanzibar youth
Tanga Cement Company has donated 100t of cement for youth’s developmental projects in the Isles. Zanzibar First Lady Mama Shadya Karu me received the donation on behalf of Zanzibar Youth, Education, E
Cement factory paralysed, prices rise , Mozambique
Southern Mozambique is running out of cement, and, given the completely unregulated nature of the market, the price of cement has risen sharply, reports Friday’s issue of the Beira daily, "Diari
FIs to sell one-third of ACC stake in open offer
With the Holcim open offer for ACC coming to a close on Monday, shares have started trickling in. Domestic institutional investors are set to tender around one-third of their shareholding in the open
Portugal and Brazil depress Cimpor’s results
Turnover at Cimpor edged ahead by 0.3 per cent to €1,365.6m in 2004 on a global cement volume 1.9 per cent higher at 18.64Mt. The operating profit at the EBITDA level, however, declined by 10.5 per c
Federal Antimonopoly Service and Eurocement
The Federal Antimonopoly Service (FAS) did not hinder the deal for acquisition of cement assets of Inteco by Eurocement Group. The FAS approved this acquisition and did not set any behavior conditions
INC returns to profit
Paraguay’s state cement company Industria Nacional del Cemento (INC) posted a US$232,000 net profit in 2004, after closing six years in the red, newspaper La Nacion
Indonesia’s Semen Padang targets higher profits
Cement producer PT Semen Padang, a wholly-owned unit of state-run PT Semen Gresik, said it expects its net profit to rise to 109 bln rupiah this year from last year’s 62 bln on the back of hig
Saudi Arabian Cement, Italcementi Enter Cooperation
Saudi cement producer Arabian Cement Company (ACC) signed on April 5, 2005 a cooperation agreement with Italian cement manufacturer Italcementi Group, local media
Concrete prices fall in wake of cheaper cement
The Cement & Concrete Association Malaysia (CCAM) confirmed that a price war is under way in the industry, but said cement prices have dropped only in certain areas. Association president Othman Abd
Argentina cement output up
Argentina’s Portland cement output increased 5.7 per cent year-on-year in March 2005, to 564,393t, the association of Portland cement producers said on April 6, 2005. Cement production in Argen
Cement demand increases during Jan-March
Pakistani cement demand increased by 12 per cent in the country during third quarter of the current financial year as it stood at 3.9Mt compared to 3.5Mt in the same period last fiscal. The data relea
Afghan cement factory renovation
A cement factory based in Dubai, the International Star Cement Factory, has announced that it will spend US$25m on the renovations of an old cement factory in Ghor district in
Morocco cement firms invest to match demand
Moroccan cement producers are spending nearly US$1.0bn by 2008 to increase output and productivity to meet higher demand and fend off competition from cheaper imports, analysts said on Tuesday. The
China Zhejiang cement prices
The average cement retail price in Zhejiang province, eastern China, in March 2005 was 30 per cent lower compared with January 2004, the Zhejiang Price Supervision Department said. The average price
Improved productivity at Titan
Titan America has reduced energy costs by more than US$120,000 per year and increased finish mill production by five per cent with Pavilion’s advanced process control (APC) cement solution. Titan Ame