Cement News tagged: International
Tora 2004 net profit leaps 176%, Egypt
Net profit at Egypt’s Tora Cement rose 176 per cent in 2004 to E£151.9m (US$26.14,m), the stock exchange said in a statement.
Boral says underlying profit strong despite softer H1, Australia
Construction materials group Boral Ltd said its underlying earnings remain strong despite net profit for the six months to December falling to A$179.7m from A$185.8m a year earlier. It said the report
Attock Cement year-end results, Pakistan
During the year under review Pakistan’s Attock Cement’s sales in term of value increased to Rs 1.882bn as against Rs 1.143bn registering 30.4% increase YoY. Its Falcon brand cement further entrenched
SG profit to fall ‘if Tuban factories disposed’ Indonesia
The net profit of publicly listed PT Semen Gresik Tbk (SG) is going to fall if the company’s Tuban 1, 2, and 3 factories are sold since 80 percent of the company’s profit is contributed
Cement production to continue to rise, Russia
In 2005, the increase in cement production in Russia is set to continue. According to the Eurocement Group, its 2005 cement output is projected at 50.5 to 50.7Mt. In 2004, Russia
Batisoke Cimento boosts 2004 net profit, Turkey
Turkish cement and clinker producer Batisoke Cimento registered a YoY rise in net profit for 2004. The rise is explained by the fact that the company’s results are adjusted to inflation in addit
Ras Al-Khaimah Co White Cement net profit surges, UAE
The net profit of UAE Ras al-Khaimah Co for White Cement & Construction Materials surged 325.4 per cent YoY to AED40.2m (US$10.9m) in 2004. Earnings per share rose to
Holcim avoids strike action, New Zealand
Holcim New Zealand has avoided imminent strike action after unions lifted their strike notice following negotiations with the company. Two of the three unions representing ship staff on the Milburn C
Holcim Slovensko 2004 expectations, Slovakia
The largest cement producer in Slovakia, Holcim Slovensko, a.s, Rohoznik, assumes that it closed the year 2004 in the red based on initial estimates. The company already closed the first half of the y
Lafarge to double plasterboard capacity, China
Lafarge Boral Gypsum in Asia (LBGA) plans to invest about $30m to double its plasterboard manufacturing capacity in China, Lafarge said in a statement. The group will build two new
Cement sales down in January, Pakistan
The cement sales growth during January 2005 slows down to 7.6 per cent because of winter rains, slowing down construction activity and holidays on account of Eid-ul Azha. The figures released by the A
Gresik sees market share concerns, Indonesia
PT Semen Gresik, Indonesia’s largest cement maker, expects its market share to fall below 40 per cent in the next two years, from the current 45 per cent, unless the company raises its productio
OCI invests in new capacity, Iraq
Orascom Construction Industries announced that an OCI / Faruk Rasool Group / Dler Sayed Maged consortium has obtained regulatory approvals for the construction of a new greenfield cement plant in the
Siam Cement reports operating results for full year 2004, Thailand
The Siam Cement Group (SCG) announced record operating performance for financial year 2004, citing strong performance in most of the strategic business units, particularly in the Petrochemicals Busine
Votorantim and Camargo Correa on the acquisition trail
The Brazilian industrial group Votorantim, owned by the family Erminio de Moraes, is betting on new acquisitions after taking over new assets in Brazil, North America and Peru in 2004 with R$4bn inves
Cement majors post higher shipments, India
Major cement companies in India have recorded higher sales in Jan 2005. The Ambuja group has recorded a growth of eight per cent at 12.57 lakh tonnes. The group has recorded a growth of five per cent