Cement News tagged: International
Eastern Province to install new line
According to local sources, Saudi Eastern Province Cement Company has recently signed a contract to install a new clinker production line.
Cemex’ 2003 profit is ahead by 10 per cent
Cemex has announced a 9.5 per cent increase in turnover to US$7,164.4m in respect of 2003. The operating profit at the EBITDA level advanced by
Grasim exempted from open offer for CemCo
The Securities and Exchange Board of India (SEBI) has exempted Grasim Ltd from having to make an open offer for CemCo, the cement company proposed to be demerged from L&T, and whose
Ukraine cement production up by 77.7 per cent
In December 2003, cement production rose by 77.7 per cent compared with December 2002, to 512,000t This was disclosed by the State Statistics Committee.
Swiss Holcim to Invest Euro 2.8m in its Beloizvorski facilities
Holcim will invest 5.5 mln Bulgarian levs (Euro2.8m) in its Bulgarian subsidiary, cement maker Beloizvorski Cement in 2004, the managing director of Beloizvorski Cement, Todor Kostov, said on January
India Associated Cement possible merger With Idcol
Associated Cement Companies Ltd (ACC), India`s second-largest cement maker, said Tuesday it is considering to merge unit Idcol Cement Ltd. with the company.
Centex Construction Q3 profit rise
Centex Construction Products Inc said its quarterly profit rose 17 per cent, boosted by increased earnings from its gypsum wallboard and concrete and aggregates units and lower interest expense.
Barros key to AdBri bid
Australian building materials company, Boral, continues to negotiate the takeover of Adelaide Brighton. Boral has increased its bid for the cement company by $A0.05 to $A1.60.
Dontsement cuts output
In October-December 2003, cement production company Dontsement (Amvrosiivka, Donetsk region) reduced its production volume by 17.5 per cent from July-September.
News from Eurocement
Savinsky Cement Works (Arkhangelsk Region) has made 700,000 tons of cement in 2003, 41 per cent up on year, according to Eurocement which controls the enterprise.
Vinaconex to invest over US$3bn
The Vietnam Import and Export Corporation (Vinaconex) will invest more than 3 billion USD to implementing 11 major projects and 30 small-and medium-sized projects.
TPI Polene`s share offering snapped up
TPI Polene Plc (TPIPL)`s 300 million capital-increase shares sold out early on the first day of subscription yesterday, highlighting the prevailing frenzy for shares.
Siam Cement to Modernise Image
Siam Cement Group (SCC) is looking at ways to give itself a more modern image with a 60-million-baht campaign. Vice-president Kan Trakulhoon said the country`s largest industrial conglomerate wanted
Saudi Southern Province profits
Saudi cement producer, Southern Province Cement (SPC), posted a net profit of 500.8 mln Saudi riyals (US$133.5m for 2003, up from 482.4 mln riyalsfor 2002, it was reported on January 18, 2004.
Ruhunu Cement - bids for minority stake
The Sri Lankan government Monday invited bids for its 15 per cent stake in Ruhunu Cement as part of its 2004 privatization program. Bids should be submitted by Jan. 30, the Public Enterprises Reform
SCCC`s new acquisition in India?
According to Business Day, India, Siam City Cement Plc is set to announce a new acquisition in India by the end of this month that would rival the deal it had hoped to announce when it was in the proc