Cement News tagged: International
India cements prunes Q3 losses
India Cements Ltd has incurred a net loss of Rs37.24 crore on income of Rs285.30 crore during Oct-Dec 2003. The company had incurred a net loss
’No Agenda’ Behind Rebranding of Alpha
ALPHA, one of SA’s three largest cement producers, says its R29m rebranding exercise is not indicative of intentions by its largest shareholder to up its stake in the South African company. Swis
Iran’s annual cement output at 30Mt
Iran’s annual cement output currently stands at 30Mt, the country’s Industry and Mines Minister Eshaq Jahangiri has announced. Private investors have also submitted projects for the produ
Romanian Holcim improves
Romania cement maker Holcim says 2003 turnover 13 per cent higher Romanian cement maker Holcim said its 2003 turnover had risen by 13 per cent year-on-year to Euro100m due to investments in quality,
For he is an Englishman!
Holcim’s Board of Directors of Holcim Ltd has passed a resolution to appoint Tom Clough to the Executive Committee. Tom Clough is currently CEO of the Indonesian Group company. He will take over
Ciments Français: 2003 Consolidated Sales
2003 consolidated sales amounts to Euro2898.9m, down 1.1 per cent compared with figures for 2002, but up +3.4 per cent on a like-for-like basisand at constant exchange rates.
Italcementi sells 45.6Mt of cement in 2003
The Italcementi group generated a turnover of €4285m last year, an underlying improvement of 3.6% and up by a marginal 0.5% in absolute terms. The European Union accounted for 71.9% of the total, or
Buzzi Unicem raises Dyckerhoff stake
Following Buzzi Unicem taking its voting stake in Dyckerhoff to 50.07% and thus majority control last month, both Holcim and Schwenk have now exercised their put options and sold their remaining inter
Croatian Nexe Group to post Euro16.3m gross profit
Croatian construction materials producer Nexe Group, which consists of 18 companies, expects to post between 120 mln Croatian kuna (Euro15.1m) and 130 mln kuna (Euro16.3m) gross profit for 2003, the g
Siam Cement subsidiary expands in Vietnam
Siam Refractory Industry Co, a maker of bricks and heat resistant castibles, and a subsidiary of Siam Cement Group, is
Nova Cimangola to stop cement imports
The "Nova Cimangola" company, owned by HeidelbergCement will stop importing cement as from the second half of 2005,
Tough Q4 gives Cementos Lima results dip
Cementos Lima has reported a net profit of 81.1mn soles (US$23.3mn) for 2003, down 4.7 per cent from 85.3mn soles in 2002,
Kymore plant to go the conveyor route
By August 2004 ACC Ltd will have its 2.25Mta capacity cement plant commissioned at Kymore in Chhattisgarh, India. The entire quantity of limestone, an estimated
Aussi takeover hurdle
Australian building products ’minnow’ Barro Properties Pty Ltd remains tight-lipped about whether it will use its stake in cement
Minority shareholders in L&T raise objections
The minority shareholders of Larsen and Toubro Ltd have voiced their displeasure over the scheme of arrangement involving demerger of its cement business and moved five amendments which were defeated
Chekka residents’ worst pollution fears
Lebanon: Koura and Chekka residents have been complaining about rising air pollution levels for years. Despite a series of anecdotal accounts of respiratory diseases, residents’ could not conclu