Cement News tagged: International
Indonesia Semen Gresik 03 cement sales down
PT Semen Gresik said cement sales for 2003 fell 3.2 per centto 14.03Mt due mostly to a drop in exports. Semen Gresik’s domestic cement sales were up 0.9 per cent at 11.97 million tons, but expo
Iran technology for Venezuela?
Venezuela is talking with Iranian companies to develop joint ventures in the South American country’s mineral-rich southeast. Corporacion Venezolana de Guayana (CVG) President Francisco Rangel s
PPC sees local growth
Listed cement producer Pretoria Portland Cement Company (PPC), is expecting local cement demand to show growth of four per cent to five per cent in the year ahead
Danish FLSmidth awarded Saudi contract
Danish cement and mineral processing equipment maker FLSmidth was awarded a Euro 40m contract for machinery and equipment deliveries by Japanese heavy machinery maker Ishikawajima-Harima Heavy Industr
New plants for Azerbaijan
Azerbaijan has only one cement plant as it is: Garadagh Cement; its annual productivity equals 1Mt of cement. Considering that the majority
Eurocement sums up 2003 production results
Eurocement Holdings produced 7.5Mt of cement in Jan-Dec 2003. Eurocement made 816,000t of bagged cement, up 16.6 per cent as compared to 2002. Some 50 per cent of the output falls
Holcim’s plant in Serbia turns profit
Serbia’s second-largest cement plant Novi Popovac, part of Holcim Group, reported on Monday a 160 million-dinar ($2.76m) net profit for 2003, rebounding from a loss a year earlier, when results
TPI says may sell stakes after restructuring
Thai Petrochemical Industry PCL (TPI), the country’s biggest defaulter, said on Monday it could sell stakes to companies such as PTT and Siam Cement PCL once it restructures its debt.
ACC Q3 net profits up 10.4 per cent
Associated Cement Companies Ltd, India, has posted a 10.4 per cent rise in net profit at Rs 223.2 million (US$4.91m) for the 3rd quarter ended December 31, 2003 as against Rs 202.1 million in same per
PSP Engineering wins Russian contracts
Czech firm PSP Engineering, has won several new orders in Russia. Czech firm PSP Engineering, has won several new orders in Russia
Siam Cement net Q4 seen robust
Thailand’s biggest industrial conglomerate, Siam Cement PCL, is expected to cap one of its best years by posting sturdy quarterly earnings due to rising prices for its building materials and che
Apasco net profit soars in 2003
Mexican cement maker Holcim Apasco saw operating profits reach 2.27bn pesos (US$208m) last year, a 17.3 per cent jump over 2002, while fourth quarter profits were up 7.0 per cent from 4Q02 to 585mn
Bidders For Portuguese Secil seek larger stake
Brazilian industrial conglomerate Votorantim, Italian diversified holding company Caltagirone and Irish industrial and trade group CRH which were shortlisted for the acquisition of the 41.6 per cent
Moldovan Ciment gets special concession
Moldovan cement producer Ciment, owned by a French building materials group Lafarge, has become the first local company to receive a special electricity
Benue Cement change
President of Dangote Group, Alhaji Aliko Dangote, has now taken over affairs of the ailing Benue Cement Company (BCC) Plc as the new core investor with a firm pledged to turn around the fortunes of th
Gujarat Ambuja to expand capacity
India’s fourth largest cement manufacturer, Gujarat Ambuja Cement Limited, is going in for capacity addition either through fresh acquisition or brownfield expansion.