Cement News tagged: International

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

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

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

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

Spasskcement moving ahead

24 March 2004, Published under Cement News

Russian Far East’s largest cement producer SpasskCement plans to build up production to 1.2Mt by 2007. "According to forecasts for the national construction sector, annual demand for cement may

Tsesla Cement factory investments

24 March 2004, Published under Cement News

HeidelbergCement is planning to invest US$100m into further construction of the open joint-stock company "Slavjansii Cement Factory Tsesla" located close to St Petersburg. The Tsesla factory produces

Cementos Bio-Bio wants to lead

24 March 2004, Published under Cement News

Cementos Bio-Bio, the Chilean cement producer, is planning to reorganize its three business units under a holding company structure in an attempt to lead the domestic construction material market. If

Chilanga swells profits

24 March 2004, Published under Cement News

Chilanga Cement Plc made an after tax profit of K47.2 billion in 2003 compared to K31 billion in the preceding period to register a profit margin increase of K16.2 billion. According to its 2003 annu

China output rises - again

24 March 2004, Published under Cement News

China produced 57Mt of cement in January 2004 and claims that total output was at a record level of 813Mt for the whole of 2003, according to state-produced statistics.