Cement News tagged: International
Cementos del Valle Posts US$41.3m net profit, Colombia
Colombian cement maker Cementos del Valle posted a net profit of 95.991 bln Colombian pesos (US$41.3m) for 2004, up seven per cent YoY.
Cementos Molins posts EUR 83.1m profit, Spain
Spanish cement maker Cementos Molins posted a net attributable profit of EUR83.1m for 2004, a 7.6 per cent YoY decrease, the company said. The decrease was attributed to the
Holcim FY results in-line, bullish for 2005
Holcim Ltd posted a 33.2 perc ent rise in 2004 net profit, in line with market consensus, raised its dividend by Swf0.10 to Swf1.25 per share and forecast further improvements in
Cemex seals RMC Group acquisition
Cemex, the world’s third-largest cement manufacturer, yesterday completed its Dollars 4.1bn acquisition of RMC Group of the UK after gaining approvals in the US, the European Union and Mexico.
Mykolaivtsement increases output
In 2004 the Mykolaivtsement company (Mykolaiv, Lviv region), increased cement output by 38.95 per cent. Andrii Postolovskyi, company’s marketing director, told local reporters.
Pakistani producer moves ahead
Lucky Cement Ltd has announced a profit before tax of Rs. 566.517 Million for the Half Year Ended on 31st December, 2004 as against the profit before tax of Rs. 414.195 Million
Bamburi Drops supplier to reduce costs
Hundreds of jobs in the Kenyan paper sector may be lost, after a leading cement company decided to import bags for its products. The move by Bamburi Cement Company is a major consumer of locally-manu
More expansion in Vietnam
Eight cement plants included in 20 cement expansion projects will be put into operation in 2007, according to the Vietnam Cement Corporation. These factories will raise the cement industry’s cap
Property rebound to drive up concrete prices
Cement prices in southern and eastern China will be stable this year, but the recovery in Hong Kong’s property market will help drive up the price of concrete here, according to executives at Ch
Chinese to open cement factory in Madagascar
China’s huge state-owned Changchun Construction Group announced plans Monday to construct a large cement factory in Madagascar where it aims to undercut the prices of current producers, official
Indonesian cement demand down in January
Indonesian cement consumption fell 4.2 per cent in January from a year earlier, industry data showed on Monday, due mainly to lower demand in areas outside the main island of Java. Southeast Asia&rs
Colombia SIC starts probe in nine cement producers
Colombian industry and trade regulator SIC confirmed it was investigating nine leading cement producers and distributors in the country for alleged illegal competition practices, it
Improvements in Iranian cement sector
Nearly 950,000t of cement has been sold in overseas markets since March, the deputy commerce minister said in Tehran on Saturday. English-language paper `Iran Daily` quoted
Maple Leaf review
During 2004, the company posted highest-ever profit and recorded high productivity. This enabled the company to bring the turnaround in operating results and thus stakeholders also benefited by its 15
Cemex likely to resume legal battle
With the deadline fast approaching, and no out-of-court deal made, the government is gearing up for a legal battle at the international arbitration court to settle its years of dispute with Mexican ce
Katavsky Cement produces 55,000 tons of cement in January
JSC Katavsky Cement produced 55,000t of cement in January 2005. Standing idle since Oct 2003 the company resumed operations in Jan 2004 after being taken over by the