Cement News tagged: International
Indonesia’s 2005 cement consumption seen slowing
Domestic cement consumption in Indonesia could grow by less than eight per cent this year in the wake of the government’s move to increase fuel prices last March, a senior company executive said
Juan Minetti, Loma Negra appeal government fine, Argentina
Argentine cement companies Juan Minetti and Loma Negra have appealed several hundred million pesos in fines that the government imposed on them last week for price collusion in the cement industry.
Hanson’s Californian cement price 19% higher
Hanson increased total turnover in the first half by 8.7% to UK£1,893.8m, while the trading profit before gains on disposals and impairment charges rose by 28.4% to £196.0m. After an 18.0% reduction i
Cement consumption long-term growth intact, Thailand
Thai cement consumption growth decelerated in 2H05 and also decelerated to eight per cent YoY in 2Q05 from 18% in 1Q05. Cement consumption grew by 13% YoY in 1H05.
Govt, Iran to jointly undertake US$200m cement plant
Venezuela and Iran plan to build a US$200mn cement plant with construction commencing in three months as part of the political and economic alliance signed in March between the two nations, according
ACC launches mobile concrete testing unit
Associated Companies Ltd (ACC) has announced the launch of `Grihamitra’, a unique mobile concrete testing unit, for its customers.
Holcim Romania opens ninth "clean" concrete plant
Holcim Romania said on Wednesday it spent EUR 1.5m ($1.8 m) to open its ninth environmentally friendly concrete plant.The plant employs technology to cut the amount of
Birla July cement shipments fall 3.6%, India
Aditya Birla group, India’s top cement producer, said July cement shipments fell 3.6 per cent from a year ago to 2.01Mt. The Birla group, comprising flagship Grasim Industries Ltd. and
Gujarat Ambuja July sales down 8% YoY, India
Cement sales of Gujarat Ambuja Cements Ltd. stood at 0.9Mt in July as against 1.028Mt in the same month last year, registering a decline of eight per cent. Cement production during the month was 0.9Mt
Eagle Materials Inc reports record 1Q results, USA
For the quarter ended June 30, 2005, revenues and net earnings were US$205m and US$35m, respectively. Revenues increased 36 per cent over the prior year first quarter and net earnings increased 50 per
Cement Corporation to push up plant construction, Vietnam
The Vietnam Cement Corporation (VNCC) has just required its affiliates to take measures to accelerate construction of cement projects which are being materialised.
Ministry sees steady rise in prices of production materials in H2, China
China will continue to see a steady increase in prices of production materials during the second half of the year, though prices of some items will fall from the current high levels due to oversupply,
USG to build its largest production line
United States Gypsum Company, the domestic plasterboard arm of USG Corporation, is to build what it claims to be the world’s largest plasterboard production line on a 186 acre site at Washington
Martin Marietta boosts volumes and prices
Martin Marietta, the second largest US aggregates supplier, increased first half turnover by 16.9 per cent to US$938.3m, with the EBITDA advancing by 29.3 per cent to US$184.2m. The aggregates divisio
Portugal Secil to invest more in Lobito
Portuguese cement producer Secil will invest some Euro 50m in the construction of a cement plant located in the port city of Lobito, northwestern Angola, it was reported on July 30, 2005. The plant i
Saudi Tabuk Cement to raise annual capacity
Saudi cement producer Tabuk Cement Company (TCC) will increase its annual cement production by some 31 per cent after the company starts utilising its expanded facilities on August 10, 2005, the Saudi