Cement News tagged: International
Indonesia’s Semen Cibinong reverses
Indonesia’s Semen Cibinong reverses into the red in Jan-Sept on forex loss. PT Semen Cibinong posted a nine months to September net loss of 379.26 bln rupiah, a reversal from a net profit of 241
TPIPL creditors approve restructuring plan
Creditors of TPI Polene Plc overwhelmingly approved changes to the company’s debt restructuring plan, the Bangkok Post reports. The changes will allow TPIPL, the country’s third largest c
Arabian Cement news
Saudi cement producer Arabian Cement Company (ACC) ACC, based in Jeddah, western Saudi Arabia, posted a net profit of 261 mln Saudi riyals ($69.6m) for the first nine months of 2004, up from 160 mln r
Program aims to improve skills
Corporate social responsibility is one of the touchstones for Union Cement Corp.’s (UCC) strategic and sustainable business direction.
Spanish terminal developments
As reported yesterday, Italian cement group Buzzi Unicem has acquired a 68 per cent stake in Orionidas, a fledgling Spanish import company, involving former Agrox officials, for around Euro 680,000.
UK to request higher emissions trading allowance
UK government said Wednesday it planned to ask the European Commission for a somewhat larger share of the greenhouse gas emissions allowances that are to begin trading on an EU carbon market next year
Price fall is seasonal claims Sanghi Cement
Sanghi Cement, a Gujarat based manufacturer, which has recently doubled its capacity is said to have triggered a price fall in Gujarat. Hemant Pandey of Sanghi Industries, however, said that the compa
Lafarge not bidding for Loma Negra for time being
Lafarge, the world’s largest cement maker, is not bidding for now for Loma Negra, Argentina’s largest cement company, but might have a change of heart in future if the price is right, CEO
High realisations boost ACC
Associated Cement Companies (ACC) reported a 182 per cent increase in net profit to Rs78.6 crore (US$11.72m) for the second quarter ended September 30 (Rs 27.9 crore for the corresponding quarter of t
Thai TPIP creditors approve debt plan
Creditors of TPI Polene PCL, Thailand’s No. 3 cement maker, approved on Thursday a plan to restructure its $600 million debt, a Justice Ministry official said, driving its shares up nearly three
Buzzi Unicem expands in Spain
Italian cement group Buzzi Unicem has acquired a 68 per cent stake in Orionidas, a fledgling Spanish import company, for around Euro 680,000. Orionidas had tried to set up a new grinding facility in
Chinese Firm To Invest $100m in New Cement Plant in UAE Fujairah
A Chinese company will invest over $100m to establish a new cement plant in the UAE emirate of Fujairah, it was reported on October 27, 2004. Construction works on the new plant, which will be set up
Indonesia Sept cement consumption up 11.5 per cent
Indonesia’s cement consumption grew 11.5 per cent in September from a year earlier to 2.92Mt, the country’s largest cement producer PT Semen Gresik said, reflecting strong building activit
Mary Nour stranded for over 100 days
It has now been more than 100 days that the ship Mary Nour and its crew of 41 have been stranded in the Mexican port of Altamira, forbidden from unloading its cargo of cement. CDM, the company trying
Rail tariff increase will affect cement industry
South African rail tariff increases will affect the local cement industry - Aveng SA’s largest construction group, Aveng, has warned that the mooted 40% increase in rail tariffs will have a sign
Readymix seen as springboard for eastern Europe
The acquisition of UK cement company RMC by Mexican group Cemex will also represent a step towards expansion on the German market for the Mexican company, as Readymix, the German subsidiary of RMC, ra