Cement News tagged: International
Vietnam demand estimates
Production units of the Vietnam National Cement Corporation (VNCC), joint ventures, and local cement plants and clinker stations are now running at full capacity to meet expected domestic demand of ne
Argos: US$10m improvement program
Colombian cement company Cementos Argos is to continue a reorganization program to obtain synergies and better coordinate activities of its constituent companies, company president José Vélez told a s
Texas Industries posts profit on steel strength
Building materials supplier Texas Industries Inc on Thursday posted a quarterly profit, reversing a year-earlier loss, as prices and shipments of steel increased. The Dallas-based supplier of cement
Italy Cementir
Net financial position of Italian cement company Cementir, a unit of Italian construction company Caltagirone, totalled Euro 112.7m on December 31, 2003, up by some Euro 35.9m. Cementir
Investors snap up US$27m Soboce bonds
Soboce, Bolivia’s leading cement producer, has sold US$27m of a US$35m bond issue within the first two days, Los Tiempos reported. The issue was launched Monday to raise funds to restructure its
Ciments du Maroc profits at $92.8m
Moroccan cement company Ciments du Maroc saw its operating profit rise by more than 32 per cent year-on-year in 2003 to reach 827 mln Moroccan dirhams (US$92.8) the company’s chairman and managi
Lafarge To Acquire Hupfer Holding
Lafarge has signed an agreement with the Haniel Group for the acquisition of Hupfer Holding, a major aggregates and ready-mix concrete producer in the East and the Center of France and in the area of
Indocement reports slump in 2003 net profit
Indonesia’s second largest cement maker PT Indocement Tunggal Prakarsa reported a net profit of Rp670 billion (US$78.8m) in 2003, down from Rp11,041 billion in the previous year. Its net income
Cement production records double digit growth in February
The Cement Manufacturers’ Association (CMA) announced that domestic cement output recorded 10.84 per cent growth to 10.33Mt in Feb 2004. Cement despatches were higher by 10.75 per cent to 10.3Mt
HeidelbergCement to pay Euro 1.15 dividend
The supervisory board of German cement concern HeidelbergCement approved a proposal for a 1.15 euro ($1.42) per share dividend payment for 2003 after waiving dividends for 2002, the company reported o
TPI Polene plans to sell more bonds
Thailand’s number three cement maker, TPI Polene PCL, said on Wednesday it is considering a plan to sell US$650m of bonds to refinance existing debts. The bond issue would be a substitute for l
Sales in Peru
Domestic sales of cement in Peru grew by 5.3 per cent in February, to a total volume of 320,283t, according to the industry association, Asocem (Asociacion de Productores de Cemento). The organization
North Korea stunted by power shortages
A North Korean government report to parliament in Pyongyang indicates that the communist state is still suffering from acute power shortages as it claws its way back from economic ruin, analysts said.
Cletec Japan to offer bridge repairs using German method
Cletec Japan Inc. plans to begin accepting orders for bridge repairs using a German company’s cement technology that is said to be twice as fast and twice as strong as conventional methods. The
Spasskcement moving ahead
Russian Far East’s largest cement producer SpasskCement plans to build up production to 1.2Mt by 2007. "According to forecasts for the national construction sector, annual demand for cement may
Tsesla Cement factory investments
HeidelbergCement is planning to invest US$100m into further construction of the open joint-stock company "Slavjansii Cement Factory Tsesla" located close to St Petersburg. The Tsesla factory produces