Cement News tagged: International
Diamond Cement hopes of doubling production
Diamond Cement Ghana Limited (DCGL) is poised to double its current average daily production of 50,000 bags to 100,000 if the favourable market it has so far captured and the current demand level cont
Cement plants hope to offset losses with exports to Iraq
Leading cement companies are expected to increase their exports to the promising Iraqi market this year despite the security deterioration in some parts of the country. Lebanon exported 600,000t of ce
Ash Grove, Alamo team up on Houston terminal expansion
Ash Grove Cement Co. and San Antonio-based Alamo Cement Co. have announced a venture to build a Port of Houston cement terminal with annual throughput capacity of 1.5Mt. The venture will add a 100,000
Turkish Cimsa targets 900,000t sales in 2004
Turkish cement producer Cimsa targets to increase its white cement and clinker sales to 900,000t in 2004, from 800,000 in 2003. Cimsa is seeking to expand on the Russian market. The company has captur
Bhutan cement prices reach all-time high
At Nu 3,025/t (US$68/t) locally produced cement has reached its highest prices ever according to the Penden cement authority limited (PCAL) in Gomtu, Samtse.
SCCC plant to resume production next week
The Department of Industrial Works said it expects the second cement plant of Siam City Cement Plc (SCCC) in Saraburi province to resume production next week after an explosion early last week.
Rioclaro profit at US$4.18m in 1Q04
Colombian cement manufacturer Cementos Rioclaro SA said on April 27, 2004 its net profit for the first quarter of 2004 totalled COP10.979bn US$4.179m, down from COP11.477bn (US$4.368m) for the first
Henan to build cement production line
Songji Group that is in Dengfeng City of Henan Province and the Hangzhou-based Jinjiang Group cooperatively invest CNY630m in building a power plant and a cement production line.
Gulf Cement 1Q04 net profit surges
The net profit of UAE cement maker Gulf Cement Company surged 364 per cent YoY to AED35.7m (US$9.7m) for the first quarter of 2004. The company’s sales rose to AED96.4m (US$26.2m) in the first
China’s Anhui Conch Q1 net profit surges on sales, prices; sees big rise in H1
Anhui Conch Cement Co, China’s leading cement producer, said its first quarter net profit surged 443 pct YoY to 443.20m yuan, on the back of strong sales and an average YoY price increase of 44.
Eagle Materials optimistic on outlook for volumes and prices
Eagle Materials, formerly Centex Construction Products, generated a turnover 17.1 per cent higher at US$502.6m for the year to the end of March 2004. The trading profit rose by 13.1 per cent to US$1
Siam Cement posts record quarterly high
Siam Cement has posted a record-high quarterly net profit for the first quarter this year, thanks to strong showings of most its core businesses, particularly petrochemical and cement. The company&rs
Chia Hsin unit considering secondary share placement
Chia Hsin Cement Greater China Holding, a spin-off of Taiwan-listed Chia Hsin Cement, is considering a secondary placement in Hong Kong after raising US$54m at the height of the initial public offerin
TPI Polene proposes new refinancing terms for US$ 1.1bn debt
Thai cement maker TPI Polene PCL has proposed new refinancing terms for its US$ 1.1bn debt, which will require a plan amendment, a legal adviser to the company’s creditors said. Lersak Kancvalsk
Gresik investment cancelled
Publicly listed cement producer PT Semen Gresik said it has decided to cancel a US$200m expansion plan in eastern Indonesia as the project is not feasible, according to local news reports.
East African Portland Cement appointment
Mr Lerionka Ole Tiampati, the managing director of Kenya Tea Packers, was yesterday named the CEO at East Africa Portland Cement (EAPC) company.