Cement News tagged: International

Cementos Bio Bio 2003 net profit up

29 March 2004, Published under Cement News

Chile’s Cementos Bio Bio posted a 20bn peso (US$32.4m) consolidated net profit in 2003, a 32.8 per cent jump from the year before, Bio Bio said in a statement to the country’s securities r

Largest GLCC put into production

29 March 2004, Published under Cement News

On March 18, Guizhou Lanhua (Orchid) Cement Co, Ltd (GLCC), the largest cement enterprise in Guizhou, China, put its first product line into production in Qingzhen of Quizhou. And the annual cement

Vietnam demand estimates

29 March 2004, Published under Cement News

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

26 March 2004, Published under Cement News

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

Texas Industries posts profit on steel strength

26 March 2004, Published under Cement News

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

26 March 2004, Published under Cement News

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

Investors snap up US$27m Soboce bonds

26 March 2004, Published under Cement News

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

26 March 2004, Published under Cement News

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

25 March 2004, Published under Cement News

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

25 March 2004, Published under Cement News

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

25 March 2004, Published under Cement News

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

25 March 2004, Published under Cement News

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

25 March 2004, Published under Cement News

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

25 March 2004, Published under Cement News

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

25 March 2004, Published under Cement News

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

25 March 2004, Published under Cement News

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