Cement News tagged: International
Portugal Cimpor Jan-Sept 2004 Profit Seen at 122.6m Euro
Portuguese cement company Cimpor - Cimentos de Portugal might post a net profit of 122.6m euro ( US$157.3m) for the first nine months of 2004, down 17.7 per cent year-on-year, according to projections
Thailand: solid domestic consumption in September
Despite the fact that September is normally a weak month for cement sales, domestic cement demand rose 18.7 per cent YoY and 5 per cent MoM to 2.4Mt in September 2004, according to the Bank of Thailan
Slovenia’s Cementarna Trbovlje Makes Solid Profit
Trbovlje, 04 November (STA) - Cement maker Lafarge Cement Cementarna Trbovlje posted a net profit for 2003 of SIT 868m (EUR 3.6m) on sales of SIT 7.6bn (EUR 31.7m), up over 10 percent over the year be
Barbados: Use Fair Trading For Cement Complaints
If consumers have complaints over the recent hike in cement prices, they should take them to the Fair Trading Commission or Office of Public Counsel.
India: Lodha & Co quits as auditor for Grasim
Lodha & Company on Thursday resigned as statutory auditors of the AV Birla group¹s diversified flagship, Grasim Industries. The chartered accountancy firm has also ceased to be branch auditors of Gras
India: CM presents awards to cement companies
Chief Minister Babulal Gaur has urged the industrial sector to take up public welfare works. He was speaking at the function on Tuesday to present awards to cement manufacturing units of Madhya Prades
Mardin Cimento reports 25trn Lira profits
Turkish cement, clinker and ready-mixed concrete producer Mardin Cimento reported a profit of 25 trln lira (US$17.12m/13.35m euro), up from 8.73 trln lira (US$5.98m/4.66m euro). Mardin Cimento, part o
Holcim CEO sees further consolidation in cement sector
Holcim Ltd CEO Markus Akermann predicted a new round of consolidation in the cement industry, spurred by buoyant growth and revived profitability. But Markus Akermann, chief executive, doubted the Swi
Indonesia’s Gresik expects audited results soon
Indonesia’s largest cement maker, PT Semen Gresik, said on Thursday it expected to report its audited consolidated results for 2002 and 2003 by the end of this month, after a key unit finishes i
Siam Cement Group targets customised products
The Concrete Products and Aggregate Co (CPAC), a ready-mixed concrete production unit of the Siam Cement Group, aims to increase its sales of customised products to 15 per cent of total revenues from
Loma Negra assets price considered too high
The sale of the Argentinean cement major Loma Negra, being coordinated by JP Morgan, is not defined yet, and among the prospective buyers are Camargo Correa, Votorantim, and Cimpor, while Cemex and La
Director of Tampico Port dismissed
The Director of Tampico Port, Rafael Meseguer Lima has just been dismissed from his position. Manuel Flores Guerra, an outsider from Tamaulipas State now occupies the position. Leonardo Lozano Margáin
Holcim 3Q Net Profit Up 31 per cent
Holcim said Wednesday that its third quarter net profit rose 31 per cent, propelled by strong demand and cost-cutting measures, and repeated its upbeat full-year outlook. Net profit rose to CHF321 mil
OCI to Build New Cement Plant in Pakistan
Orascom Construction Industries announced that it has finalised negotiations for the acquisition of a 51 per cent stake in Chakwal Cement Company Limited listed on the Karachi Stock Exchange, which ow
Cementos Lima Q3 profits down
Peru’s largest cement producer Cementos Lima has reported that lower sales contributed towards a 13.9 per cent fall in profits for the third quarter to September 30 compared to the same period l
ACC October cement despatches up
Associated Cement Companies (ACC) has reported a 13.8per cent increase in cement despatches for October 2004 at 1.402Mt as compared to 1.232Mt in October 2003. According to a release issued to the BSE