Cement News tagged: International
Eagle Materials boosted by higher prices
In the nine months to the end of December, Eagle Materials increased turnover by 21.8 per cent to US$463.2m and improved the trading profit by 50.6 per cent to US$121.5m. The strongest price increase
Lafarge sticks by FY 2004 targets
Lafarge said it still expects full year 2004 operating profit to rise more than 10 per cent as it reported sales which reached the top end of analysts’ forecasts. The company said sales last ye
Rinker performs well in the US
Shares in Rinker Group Ltd jumped higher in early trade after the group upgraded its full year guidance on the back of solid demand and price rises for its building products. The group’s United
Sanghi plans capacity expansion for Kutch plant
With full capacity utilisation, coupled with increasing demand from the overseas markets, Sanghi Industries Ltd, part of the Sanghi Group, has decided to go for a massive capacity expansion at its cem
Vietnam cement industry outlook
Deputy construction minister Tong Van Nga said the Ministry of Construction estimates demand for cement will increase by 8 to 12 per cent this year. The Viet Nam National Cement Corporation (VNCC)
Semen Gresik says Govt’s cement jv plan unnecessary
Satryo, the president director of Semen Gresik, said Tuesday the government’s plan to build a joint venture in the cement industry as part of a dispute settlement with Cemex Asia Holding, is not
Oman Cement signs agreement with Holtec
Sayyid Qahtan bin Yaroub al-Busaidi, Chairman of Oman Cement Company, has recently signed an agreement with the Indian Holtec Consulting pvt. Ltd. Company whereby the latter is to conduct detailed tec
Indonesia 2004 domestic cement consumption up, exports down
Domestic cement consumption in 2004 totaled 30.04Mt, up 9.1 per cent from the year earlier on the back of growth in demand from West Java and Jakarta, the Indonesian Cement Association (ASI) said. Cem
Lafarge to curb power costs in Brazil
Lafarge, Brazil’s fourth largest cement maker, is planning to implement measures for reduction of its electricity costs in Brazil. The company mulls using the local liberalised power market to
Eurocement Group posts cement output
In 2004 Russia’s Eurocement Group produced over 9.6Mt of cement in 2004, a 13 per cent increase against the figure posted in the same period of 2003, the company’s press-service reported.
Topkinsky Cement to construct new clinker plant
Topkinsky Cement, Russia, targets to construct a new clinker plant with an annual capacity of 500,000tpa on the basis of the Yashkinskoye deposit following acquisition of a license to
Cemex set to run new venture
Cemex is expected to take control of a new joint venture in Indonesia as part of the resolution to a long-running dispute with Jakarta that could be announced as early as today. The new government o
Semen Gresik 2004 cement sales
PT Semen Gresik, Indonesia’s largest cement maker, said it sold 15.64Mt of cement in 2004, an increase of 11.5 per cent from 14.03Mt in 2003. It said domestic sales grew 11.9 per cent to 13.40Mt
ETA-ASCON consolidates Star Cement brand
ETA Ascon Group has consolidated their cement manufacturing capabilities under the brand name Star Cement. The latest move brings together manufacturing subsidiaries, Arabian Gulf Cement of Ajman and
HeidelbergCement looks for further cost-cutting
German building materials group Heidelberg Cement AG is expected to make an effort to cut costs and clean up its balance sheet, following the appointment of supervisory board chairman Bernd Scheifele
Holcim’s plans with planned acquisitions
The planned Indian joint venture with Gujarat Ambuja Cement will not only give Holcim a strong position on the Indian market, but also considerable increase the influence of the third largest Indian c