Cement News tagged: International
Bamburi Profits Up 56 Per Cent
Bamburi Cement Company yesterday announced that its profits after tax had increased by 56 per cent over the past six months. Mr Didier Tresarrieu, the Managing Director, said un-audited results indic
Cyprus H1 2004
Cement sales in Cyprus totalled 761,400t in the first half of 2004, up from 630,900t for the same period of 2003. Cement sales on the island reached 151,200t in June 2004 alone, compared to 117,400t
Akmenes Cementas Sales H1
The turnover of Akmenes Cementas, the only cement manufacturer in Lithuania, reached 45.9 million litas (13.3 million euros) during the first six months of this year, 28.9 percent higher than turnover
Kesoram, Century to extend lifeline
Century Textiles and Kesoram Industries, both belonging to the fabrics-to-cement BK Birla group, will provide Rs 120 crore to sick group company Mangalam Cement to help it repay loans and escape the c
Cemex’s Zambrano seeks acquisitions
Lorenzo Zambrano, chief executive of Cemex SA, the world’s third-largest cement maker, is shopping for acquisitions after a rebound in US and Mexican construction sparked record sales in the sec
Malaysia YTL Cement to buy cement company stake
Malaysia’s YTL Cement said it plans to acquire a 32.10 per cent stake in cement manufacturer Perak-Hanjoong Simen Sdn. Bhd. for 75.25 million ringgit (US$19.8m). YTL Cement will acquire the stak
Court voids import sanctions – Taiheiyo victory
Protective tariffs imposed by the Philippine Department of Trade and Industry (DTI) on imported grey cement were voided by the Supreme Court (SC) on the grounds that these safeguard duties have not ac
Ash Grove to build US$250m plant
Ash Grove said this week it has struck a deal to build a US$250m plant less than 40 miles northeast of Las Vegas on land owned by the Moapa Band of Paiute Indians. Ash Grove Cement expects the plant
Cement demand in Spain rises
Cement demand in Spain stood at 23.87Mt for the first half of 2004, up 3.4 per cent year-on-year, Spanish Cement Makers Association OFICEMEN said on July 14, 2004. Spanish cement output stood at 23.0
Ultra-high-strength silica fume cement
Mitsubishi Materials and Ube Industries have announced their joint development of a ultrahigh strength silica fume cement called Silica Fume Cement Super. By increasing the quantity of silica fume and
Royalty on mining production
The royalty on mining production proposed by Chile’s government to the Congress will not only affect copper miners, but also cement manufacturers since production costs will go up. The governmen
Ashaka Cement denies labour lay-off
Managing director of Ashaka Cement, Alhaji Mohammed Daggash, yesterday said the company has not commenced workers retrenchment. Daggash, in an interview with newsmen at Ashaka, said though the compan
Dhaka For BIS Waiver
Eyeing the land-locked north-eastern states in India to market cement manufactured in Bangladesh, Dhaka has mounted pressure on India for waiving the mandatory Bureau of Industrial Standard (BIS) cert
Votorantim to build new cement plant, Brazil
Brazilian cement company Votorantim is analyzing the possibility of building a cement plant in the capital of Bolivia’s Santa Cruz region, according to local news reports.
TPI : disappointing 2Q04, but full year 2004 promising, Thailand
TPI Polene (TPIPL) announced disappointing 2Q04 earnings with a normalised net profit of Bt701mn down 46% QoQ, but up 44% YoY. This is below estimated normalised net profit of Bt1216mn, this was due m
Relocation for Bau Holding new plant
Austrian Bau Holding to build cement factory in Hungary’s neighbouring country