Cement News tagged: International
Orascom eyes three cement plant Sites
Orascom Construction Industry, a cement manufacturer from Egypt, was assessing three locations to develop a cement plant with the total capacity of 2.5Mta with the total investment of IDR3trn.
Pushka ups cement production 56.6p per cent to138,400t In Q1
In January-March,Kramatorsk-based cement plant Pushka (Donetsk region) increased cement production by 56.6 per cent or 50,000t up to 138,400t from the like-2004 period.
The North American Business Services (NABS) is a newly-created organization, established by St. Lawrence Cement and Holcim (US) Inc
St. Lawrence Cement and Holcim (US) has created ’The North American Business Services’ (NABS), located in Vaughan, Ontario.
ACC plans to hike outputby 2Mt
The Associated Cement Companies (ACC) intends to increase the production capacity by nearly 2Mt in 2005.
Cemento Polpaico to invest US$13m-14m this year
Chilean cement producer Cemento Polpaico will invest US$13m-14m this year, company executives said at an ordinary shareholders meeting.
Saudi cement posts major net profit growth
According to Al-Sharq Al-Awsat newspaper, the Saudi Cement Company has announced SR 119.7m($31.92) net profits in the first quarter of the current year
Saudi Southern Province cement posts US$40.9m Net Profit Q1 2005
Saudi cement producer Southern Province Cement (SPC) posted a net profit of 153.5m Saudi riyals (US$40.9m/31.8m euro) for the first quarter of 2005,
Brighter future for Iran’s cement industry
Given the growing for cement in Iraq and Afghanistan following the ongoing reconstruction efforts in the war-torn countries, Minister of Industries and Mines Eshaq Jahangiri on expressed optimism abou
Polish cement sales fall
The combined sales of cement in Poland dropped by about 25 per cent year-on-year to 1.1Mt in the first quarter of 2005, mainly due to the prolonged winter which had caused a halt in construction works
Tonasa to expand production capacity
Cement maker PT Semen Tonasa plans to increase its capacity by 800,000t to 4.3Mta, its President Sadman said.
Cyprus cement sales up
Cement sales in Cyprus rose 14.8 per cent year-on-year reaching 398,200t in the first quarter of 2005, according to data published by the island’s National Statistics Service on April 12, 2005.
Buzzi Unicem looks deeper into Eastern Europe
Italian cement maker Buzzi Unicem is studying small acquisitions in eastern Europe, deputy president, Franco Buzzi ,said.
Holcim will sanction Garadagh refurbishment
Thought to be a year behind schedule, preparations for the overhaul of the cement plant of Garadagh Cement in Baku are coming to fruition. The chairman of the board of Garadagh Cement Uwe Koehler info
Cemex to sell Cementos Bío Bío stake
Mexican cement giant Cemex has hired Santander Investment to seek buyers for its 11.9 per cent stake in Chilean cement company Cementos Bío Bío, Chilean newspaper La Tercera reported.
Indian market outlook
According to Mr Deepak Jain of Anagram Stockbroking, the main trigger for optimism in Indian cement stocks was the expectation of a good Q4 numbers from cement companies.
New import terminals for Houston
Work has begun on a cement terminal at the Port of Houston that, when completed next spring, will be among the largest such facilities in the country. The terminal is being built on 88 acres by the ne