Cement News tagged: International
Camargo Correa to buy Loma Negra , Argentina
Brazilian cement maker Camargo Correa Cimentos, a unit of the local construction group Camargo Correa, will pay US$1.025bn for the Argentinean cement giant Loma Negra under an agreement signed on Apri
Italcementi plans US$20m investments in Bulgarian plants by 2006
Italcementi said it plans invest some US$20m (EUR 15.4m) in its two plants in Bulgaria by 2006 to improve quality and reduce environmental impacts.
Melon submits cement plant project EIS to Conama, Chile
Chilean cement company Empresas Melon has submitted the EIS for a US$20m cement grinding plant to national environment authority Conama.
Semen Gresik forecasts cement shortage in 2007, Indonesia
PT Semen Gresik (SG), has projected a shortfall in cement supply in 2007 due to the high demand from government-driven infrastructure projects.
Spanish cement consumption down 0.3 per cent Y/Y Q1 2005
Cement consumption in Spain decreased 0.3 pct year-on-year to 11.4Mt in the first quarter of 2005, Spanish Cement Makers Association (OFICEMEN) said.
Polpaico to invest US$13m in 2005, Chile
Chilean cement producer Polpaico, controlled by Holcim, plans to invest US$13m in 2005, according to the company’s president, Juan Antonio Guzman.
Higher costs to crimp India cement makers’ profit
Higher fuel costs will have dented quarterly earnings of India’s leading cement companies, but their outlook remains upbeat thanks to strong demand in a growing economy.
Indonesia’s Semen Gresik enjoys 37.7 per cent surge in 2004 Net Profit
State-owned cement maker PT Semen Gresik reported a 37.7 per cent increase in its 2004 net profit to Rp520.6bn(US$55.4m) as compared with the previous year.
Holcim Philippines returns to profit in 2004 on increased exports
Holcim Philippines Inc said it made a net profit of 1. 2bn pesos last year, reversing a loss of 318.7m pesos in 2003, due to higher export sales and cement prices. Return on equity stood at 7.85 per c
Grasim profits seen up
Only diversified Grasim Industries Ltd., the nation’s top cement group, is expected to report a small rise in fiscal fourth-quarter earnings
Net profit of ACC is estimated to have declined 0.6 per cent to 1.05bn rupees.
Shares of cement companies have outperformed a 7 per cent fall in the Bombay share index in the past three-and-half months as investors ignored short term troubles to bet on the sector’s long-te
Eygpt’s Orascom to build cement plant in Indonesia
Egyptian cement maker Orascom Construction Industry plans to build a cement factory in Indonesia, an official said.
Ukranian cement production down by 9.8 per cent to 684,000t In March
In March, Ukranian cement production fell by 9.8 per cent compared with March 2004, to 684,000t.
Katavsky Cement’s output up over 2 -fold in Jan-Mar 2005
Katavsky Cement’s output went up over 2 -fold in Jan-Mar 2005 versus the same period 2004, in January-March 2005 the plant produced 178,000t of cement.
Pushka cement plant boosts 1Q2005 production
The Kramatorsk PUSHKA cement plant (Ukraine) produced 138,400t of cement in the first quarter of 2005.
Sumitomo Osaka Cement Co develops Zirconia nanoparticles for displays
Sumitomo Osaka Cement Co of Japan has created nanometer-size zirconia granules for anti-glare coatings on displays.