Cement News tagged: International
Chile H1 cement shipments fall
Cement shipments in Chile fell 0.4% to 1.85Mt in the first semester compared to 1H03, according to information from the country’s cement and concrete institute (ICH). The drop in the first few
Asia Cement spinoff cleared
Taiwan-based Asia Cement has received the green light from Hong Kong Exchanges and Clearing to spin off its mainland cement operations in a listing worth as much as HK$1 billion, according to market s
Indonesia cement sales up in June
Indonesia’s domestic cement sales grew by 9.2 per cent in June to 2.59Mt compared to the same period a year ago, the country’s largest cement maker PT Semen Gresik Tbk said on Tuesday. Gr
China cement makers face profit crunch
Problems with coal and electricity supplies have prompted some analysts to downgrade the earnings prospects of mainland cement manufacturers. Cement makers such as Anhui Conch Cement, China Resources
Heracles fears no Olympic aftershock
Heracles, the largest cement provider for the Athens Olympics said Tuesday business would shrink after the Games but dismissed fears that the local construction industry, Greece’s main engine of
Turkish Adana Cimento hiring
Turkish cement manufacturer and retailer Adana Cimento has employed 33 people to work at its clinker and cement production lines, it was reported on July 27, 2004. The company said in a statement tha
Sabanci eyes Bartin Cimento
Turkish industrial conglomerate Sabanci Holding is exploring the possibility of buying the cement factory Bartin Cimento Fabrikasi, it was reported on July 26, 2004. Sabanci Holding cement group chai
Dniprotsement modernises grinding section
The Dniprotsement company (Dniprodzerzhynsk, Dnipropetrovsk region, Ukraine) has modernized cement grinding mills No 1 and No 3 of cement grinding shop. Reconstruction of cement mills 1, 2, 3, transf
Turkish Mardin Cimento to invest
Mardin Cimento will invest 2.8 trln Turkish lira (US$1.9m) in modernisation, it was reported on July 26, 2004. The company has received an investment incentive certificate from the Turkish Treasury f
Aggregate Industries’ US advance held back
In the first six months of 2004, Aggregate Industries increased turnover by 9.4% to £732.8m (US$1,333.7m) and the EBITDA emerged 8.2% higher at £97.2m (US$176.9m). Better weather led to an improvemen
Eagle Materials starts well
Eagle Materials, until last year known as Centex Construction Products, has reported a 20.8% increase in turnover to US$150.3m in the first quarter of its 2004/05 financial year, with the trading prof
Brazil Cement industry sells more
For the first time this year, the cement industry registed an expressive increase in sales. In June, according to National Syndicate of Cement Industries (Snic), consumption of the product reached 2.9
Semen Gresik 1H Cement Sales Up
PT Semen Gresik said its total cement sales in the first six months of this year rose 16% on year to 7.28Mt from 6.29Mt, due to an increase in domestic sales and exports. Indonesia’s largest cem
Mexican CMD complains
Mexican company Comercio para el Desarrollo Mexicano (CMD), associated with the Spanish company Tradeland Commodities, complained on July 22, 2004, that Mexican cement maker Cemex bars it from importi
Anhui Conch says macro controls hit prices
Anhui Conch Cement Co. Ltd, the mainland’s largest cement maker, has blamed China’s economic cooling measures for a 20 per cent decline in its cement prices in May and June against the fir
Cement demand fails to take off
Strong demand growth continues to remain elusive for some Indian cement companies, if the data for the first quarter of FY05, recently released by Cement Manufacturers’ Association (CMA) is anyt