Cement News tagged: International
Cementos Bio-Bio wants to lead
Cementos Bio-Bio, the Chilean cement producer, is planning to reorganize its three business units under a holding company structure in an attempt to lead the domestic construction material market. If
Chilanga swells profits
Chilanga Cement Plc made an after tax profit of K47.2 billion in 2003 compared to K31 billion in the preceding period to register a profit margin increase of K16.2 billion. According to its 2003 annu
China output rises - again
China produced 57Mt of cement in January 2004 and claims that total output was at a record level of 813Mt for the whole of 2003, according to state-produced statistics.
Egyptian Cement Co output stats
The Egyptian Cement Company (ECC), a subsidiary of construction group Orascom Construction Industries (OCI), produced a total 6.4Mt of clinker in 2003, the company’s board said in its annual rep
US housing statistics
US housing starts in February were at a seasonally adjusted rate of 1,855,000 4.0 per cent below the revised estimate for January 2004 of 1,932,000, but 13.1 per cent above the February 2003 estimate
Chilean Cement industry improves
Empresas Melon, a subsidiary of Lafarge, forecasts a 1.8 per cent to 2.0 per cent growth for Chile’s cement industry in 2004. Melon’s forecast is however less optimistic than the 4.0 per c
Price rise problems
India real estate builders could be heading towards tougher times with prices of steel and cement flaring up. As per a Confederation of Real Estate Developers Association of India (CREDAI) estimate, c
Cement consumption in Pakistan
The consumption of cement in Pakistan is likely to increase to the mark of 13.02Mt by next year due to increased construction activity. According to cement industry sources, in addition to this domest
Shortage of sand in Korea
As part of efforts to cope with a shortage of construction sand and aggregates, the South Korean government is planning to make recycling of aggregate mandatory, the Ministry of Construction and Trans
VNCC aims to keep prices stable
The Vietnam Cement Corporation (VNCC) has categorically ruled out an increase in cement prices despite the rising prices of imported raw materials. "With a responsibility to stabilise the cement mark
Pakistani prices
The All Pakistan Cement Manufacturers Association (APCMA) has informed the government that cement manufacturers had neither made any increase in cement prices nor had any plans to increase them in the
Anhui Conch eyes expansion
Anhui Conch Cement expects turnover and production to be up by more than 50 per cent this year despite higher coal prices, executive director Guo Jingbin said. Guo said 2.7 billion yuan (HK$2.54bn) w
New plant opened in Iran
A new cement plant, with an annual capacity of 1Mt, started operating in Shiraz, the capital of Iranian
CRH agrees to buy stake in Secil
CRH plc, the international building materials group, today announced that it has reached agreement to acquire a 49 per cent equity stake in Secil, a major Portuguese manufacturer of cement and readymi
Jordan Cement Factories net profit jump
Jordanian cement producer Jordan Cement Factories Company (JCFC) posted a net profit of 27 mln Jordanian dinars (US$38.2m) for 2003, up 70 per cent year-on-year, according to the company’s direc
Polpaico posts US$16.4m net profit
Chile’s Cemento Polpaico posted a 9.9bn peso (US$16.4m) consolidated net profit in 2003, versus a 9.4bn peso net loss the year before, Polpaico said in a statement to the country’s securit