Cement News tagged: International
Fortune Cement to expand
Publicly listed Fortune Cement Corp is investing P800 million to expand capacity at its Philippine Batangas facility in order to meet increasing demand. The expansion would increase output to 3300 to
Cypriot Vasillico Cement sells
Cypriot cement manufacturer Vasilico Cement reported sales of 1,266,000t of cement and clinker for 2003, up from 1,223,000t for 2002, the company’s unaudited financial results showed. The compa
Argos interested in Panama growth
Colombia’s Cementos Argos is considering the possibility of asking its co-owner in Cementos Panama, leading world cement producer Holcim, to sell it its 50 per cent stake, La Nota reported. If
Spanish Cementos Portland
Cementos Portland, a subsidiary of Spanish construction and services company Fomento de Construcciones y Contratas, posted a net attributable profit of 148.5 mln euro in 2003, a 30.5 per cent year-on-
Nghi Son Cement targets higher revenues
Hanoi: Nghi Son Cement Corporation in central Thanh Hoa province has worked out this year’s plan to record US$94m in sales revenues and net profit of US$12m, spend US $28m on settling its initia
Vietnam cement opportunities
Foreign investors will find Vietnam’s two important industries, cement and electricity, more attractive since the country’s ministries will, this year, propose the government loose require
Irish housing boom boosts Readymix
Readymix, the Irish cement producer that is 62 per cent owned by RMC, reported a 4.2 per cent increase in pre-tax profits for 2003, helped by record levels of housebuilding in the Republic.
Turkish Mardin Cimento to Export 125,000t cement to Syria
Turkish cement, clinker and ready mixed concrete producer Mardin Cimento has signed an agreement to export 125,000t of cement to Syria.
Saudi Eastern Province Cement Co reports 2.7Mt cement output in 2003
Saudi cement producer Eastern Province Cement Company (EPC) produced 2,698,745t of cement in 2003, compared to 2,461,218 tonnes in 2002, the company said.
Cement prices shoot up in UAE
Cement prices have climbed to Dh230 /t from Dh180/t at the end of last year. Now there is a fear project costs will rise in the long run. Contractors have been forced to absorb the price rises as many
Polish cement production
The output of the Polish cement industry amounted to 11.01Mt last year, a decline of 3.0 per cent. This is the fourth successive year of falling cement production since the peak of 15.40Mt in 1999, b
Saudi Yamama Cement to invest
Saudi cement producer Yamama Cement Company will invest 1.5 bln Saudi riyals (US$400m) to expand its daily clinker production by 10,000 tonnes, it was reported on February 24, 2004. YCC signed on Feb
Cementos Argos profits up
Profits at Colombian cement producer Cemento Argos grew to 156bn pesos (currently US$58m) in 2003, up nine per cent on the previous year, Economia en Red reported. Operating revenues for the year were
Prices rise in Gujarat
Cement prices in Gujarat are set to rise by another Rs10 per bag. This hike, which is expected to be effected from the beginning of March, will take retail prices in the state to the Rs 170 levels. Th
Gresik to delay sell-off?
President of state-owned cement producer PT Semen Gresik (SG) Satrio said the government should postpone its plan to sell more shares in the company to Mexico’s cement giant Cemex SA, pending a
Holcim’s Vietnam 2004 cement sales
Holcim Vietnam upbeat about its good performance and the positive market sentiment is looking to boost 2004 sales by nearly 24 per cent year-on-year to 2.6Mt. Sales and marketing director Laurent Hou