Cement News tagged: International
Manufacturers reeling from power tariff hike, Uganda
Recent power tariff increases coupled with unreliable supply may deal heavy industry a body blow, making them more uncompetitive compared to their regional rivals, industry sources have said.
JCL output capacity badly affected by grinding plant breakdown
Breakdown of a grinding plant at the Javedan Cement last week has adversely affected its production capacity and has brought it down from 2000/1800tpd to about 850/900tpd.
Lucky Cement installs crusher, pre-heater at new unit
The Lucky Cement on Wednesday started the work to install crusher and pre-heater at its new factory on Super Highway, while the civil work has already got underway. The civil work
CRH now ’better positioned’ to handle €0m oil burden
CRH believes it is better positioned now to deal with the continuing high oil price, which added some €50m to its cost base in 2004.
HeidelbergCement sees growth in Eastern Europe and overseas
In first quarter of 2005, HeidelbergCement’s turnover rose by 0.6 per cent to €1355m, but the EBITDA declined by 5.4 per cent to €85m as unfavourable weather across large parts of Europe in March and
Holcim held back by late winter in Europe
The first quarter results from Holcim show group turnover 1.1 per cent lower at SwFr2730m (€1,761m) with the operating profit at the EBITDA level declining by 5.2 per cent to SwFr658m (€425m). Exclud
Demand triggers record cement sales
Last year was a record year for South Africa’s cement industry as it rebounded from the virtually stagnant situation that characterised the 1990s. Demand from the region, which includes South Af
Carib Cement blames wage increase
Caribbean Cement sold 14 per cent more of its products for the first three months of this year than during the comparable period last year, with gross revenue lagging slightly at 11 per cent over the
Cement producers post Q1 results
Chile’s three cement producers Cemento Polpaico, Empresas Melón and Cementos Bío Bío have submitted separate filings to the country’s securities regulator (SVS) reporting first quarter res
Chavez threatens cement firms
Venezuelan President Hugo Chavez threatened cement companies with price regulations if they fail to bring down the prices for their product.
Orascom to double Algeria cement output
Egypt’s Orascom Construction Industries’ (OCI) Algerian subsidiary expects to almost double its cement output by June to meet rising demand, a senior executive said on Monday. "We
Semen Cibinong Q1 net loss up 31 per cent
Indonesia’s PT Semen Cibinong said its first quarter to March net loss widened to 138.94 bln rupiah, up 31 per cent from its net loss of 105.67 bln rupiah a year earlier because of higher operating ex
High interest in Mustehkam Cement
The Pakistan Privatisation Commission has received 38 expressions of interest (EoI) for 85.29 percent share of Mustehkam Cement Limited (MCL). Minister for Privatisation, Dr Abdul Hafeez Shaikh, decla
Russian cement sales
In the first three months of 2005, Russian cement enterprises produced 7.8Mt of cement, up 3.0% year-on-year. In the same quarter, the Eurocement Group produced about 1.9Mt of cement, thus matching it
Cartel Office authorises acquisition of Teutonia, Germany
HeidelbergCement obtained authorisation from the Federal Cartel Office to purchase the majority share in the Lower Saxony cement company Teutonia Zementwerk AG, Hanover.
Increased costs impact Cementos Lima’s Q1, Peru
Peru’s largest cement producer Cementos Lima posted a 23.3mn-sol (US$7.15m) net profit in the first quarter of this year, down 11.7% from 1Q04, the company said.