Cement News tagged: International
Indian mini-budget
Cement companies are set to reap significant benefit from January`s mini Budget. Industry leaders said the government¹s decision to snip the customs duty on coal by 10 per cent, from 25 per cent to 15
Thai TPI Polene sees EBITDA rising in 2004
Thailand`s third largest cement maker, TPI Polene PCL , has said it expects 2004 earnings before interest tax, depreciation and amortisation (EBITDA) of about eight billion
Cement supplier donates money to benefit children
Global cement supplier Holcim turned over a donation of 32,000 Swiss francs, to the Nabunturan Child Assistance Program and ERDA TECH at a cocktail party billed `Dreams in Color` held recently at the
Cement manufacturers not happy with tariff cut
The Trade department`s decision to lower by P5 the duty on cement is a good compromise for both local manufacturers and consumers. Industrialist and consumer advocate Raul T. Concepcion said the
Chinfon plans US$250m investment
Vietnamese cement manufacturer Chinfon Haiphong has said it will invest an extra US$250m to expand its operations. The investment will go to a 500,000 tons/year clinker grinding station in Hiep Phuoc
Cement Exports to Yemen
Yemen imported Egyptian cement worth $4.4m in 2002, according to official statistics. Yemen`s cement imports totalled US$40.6m in 2002, up from US$36.8m in 2001 and US$32m in 2000.
Indian cement sales
The Cement Manufacturers Association(CMA) said India`s total cement sales were 9.84Mt in the month of December, 2003, up 3.5 per cent from 9.51Mt a year ago. Total cement output was 9.96Mt in the peri
AdBri caves In To Boral`s $867m offer
Boral cleared the first hurdle in its bid to acquire Adelaide Brighton yesterday after winning over the cement and lime producer`s independent directors, sweetening its takeover offer by A$27 million
CRH reports improved second half performance
CRH expects to report a pre-tax profit for 2003 in early March in lime with the €856m achieved in 2002 in spite of an 18 per cent drop in the first half of 2002. This would represent a profit increas
India Associated Cement to raise prices
Associated Cement Companies Ltd (ACC) India`s second largest cement maker, plans to raise prices by 5 to 10 rupees ($1= INR45.53) per 50kg bag later this month due to stronger demand, a company execut
Turkish Unye Cimento
Turkish cement and clinker producer and distributor Unye Cimento in Unye, northern Turkey, expects to produce 1.1Mt of cement and
Indian cement deals
After buying out L&T cement division, Grasim now owns the largest cement capacity in the country, but in terms of market share the Grasim-L&T combine seems to be losing out to ACC-Ambuja combine, who
Operational changes at Siam Cement
Restructuring continues at Thailand`s largest conglomerate, Siam Cement Plc, despite the economic recovery - and it has already affected about one-eighth of the group`s total workforce, according to l
Lafarge expands in Asia
Lafarge is to increase the capacity of its Chongquin cement works in China from 0.8Mt to 1.8Mt by building a second production line. The US$40m investment is expected to be completed during the latte
Philippine Fortune Cement
Philippine-listed Fortune Cement Corp said its stockholders` equity has returned to positive at the end of 2003 after settling convertible loan notes last year. Fortune assured the Philippine Stock E
PSP Engineering wins Russian contracts.
Czech firm PSP Engineering, has won several new orders in Russia, according to the firm`s spokesman Ludek Fesar. PSP has signed deals to complete a cement mill at the Voskresensk cement factory, owned