Cement News tagged: International
Tarmac to double British cement output
Tarmac, a subsidiary of the Anglo American mining group, generated a first half turnover 9.0% higher at US$2,439m (EUR1,585m), while the EBITDA declined by 10.7% to US$291m (EUR189m) and the trading p
Italcementi’s net profit falls by 37%
Italcementi’s first half turnover declined by 4.5% to EUR2,814.7m and the running EBITDA fell by 15.4% to EUR589.1m.
Pakistan government investigating cement price rise
The government of Pakistan has started an investigation to ascertain reasons behind the substantial increase in cement prices, which jumped up to an average of Rs384 per bag in the domestic market.
Nepal: Hetauda cement factory halts production
The lingering fuel crisis in Nepal is all set to affect the construction sector as the Hetauda Cement factory has completely shut down production since early this week,
Indocement, SG plan production hikes
Two of Indonesia’s major cement producers plan to increase their production capacity to meet rising domestic demand,
JK Lakshmi Cement begins work on 2.7Mt plant
JK Lakshmi Cement Ltd, flagship of JK Organization, has commenced work on the 2.7Mt greenfield cement plant at Durg, Chhattisgarh with an investment of
Cemex USA begins meeting cement demand abroad
Cemex announced that it has loaded the first vessel to begin exporting cement from its Tampa cement terminal.
New cement plants ease pressure on Saudi supply
Expansions in 2007 and the completion of three new projects in the first half of 2008 have eased pressure on cement supply in Saudi Arabia
High energy costs depress Titan’s margins
Titan’s first half turnover improved by 1.0% to EUR765.1m while the EBITDA declined by 13.9% to EUR191.0m, with the increased size of the operations being offset by currency weakness.
Emerging markets lift Lafarge as the US, Spain and Great Britain decline
Lafarge increased first half turnover by 8.2% to EUR9,069m, with the EBITDA rising by 15.8% to EUR2116m and the trading profit advancing by 18.5% to EUR1611m, with the numbers reflecting the consolida
Saudi Yanbu Cement to boost capacity to 7Mt
Saudi cement producer Yanbu Cement Company (YCC) will reach an annual production capacity of 7Mt when its fifth production line starts operation in 2010.
Birla Corp to set up cement plant in Madhya Pradesh, India
MP Birla Group’s flagship company Birla Corporation, now controlled by R S Lodha, today announced its plan to set up a 3Mt cement plant in Madhya Pradesh at an investment
Global Investment House, Bina: Tunisia venture
Kuwait’s Global Investment House signed an agreement with Tunisia’s Bina Holding to jointly develop Carthage Cement, a greenfield cement plant with capacity of 2Mta
Cementir exports more cement to Russia
Cementir managed to increase turnover in the first half by 4.0% to EUR575.5m. The group has performed well in Italy, helped by re-commissioning of the kiln at the Arquata Scrivia works.
Strabag agrees to buy Austro-Hungarian arms of Cemex
The Austrian-based contractor Strabag has signed an agreement to purchase the Cemex operations in Austria and in Hungary for EUR310m, subject to regulatory approval.
India Cements 1Q net profit INR1.42bn
India Cements Ltd said Wednesday its fiscal first-quarter net profit fell 22% from a year earlier.