Cement News tagged: International
Briones to invest US$190m in Cementos Bío Bío
Chilean investment group Invesa Briones will invest US$190m over three years in its cement producer Cementos Bío Bío, the holding company’s president Hernán Briones told reporters.
German Dyckerhoff 1Q08 net profit rises to EUR40m
Germany’s second largest cement producer Dyckerhoff AG booked a net profit of EUR40m in the first quarter of 2008
Italcementi 1Q08 net profit down 12.4 per cent YoY
Italcementi booked a consolidated net profit of EUR81.3m (US$126m) for the first quarter of 2008, down 12.4 per cent on the year.
Shui On Construction sells cement plants to unit for HKD352m
Shui On Construction and Materials Ltd said it will sell cement and concrete plants in the southwestern province of Guizhou to its 45-per cent owned unit Lafarge Shui On Cement Ltd for HKD352m.
Cemex exploring sale of assets Cemex exploring sale of assets
Cemex is considering the sale of assets including operations in Austria, Hungary and select building products in the United Kingdom.
Eagle Materials 4Q revenue $144.8m Vs $191.8m
Eagle Materials Inc. (EXP) late Tuesday reported its fiscal fourth-quarter net income fell to US$3.2m,
UAE demand for cement rising
According to Al-Bayan newspaper (May 5, 2008), a report by the National Investor, an investment bank
Brazil cement prices growth seen positive for Cimpor
The 39.8 per cent YoY rise of the cement prices in Brazil in the first quarter of 2008 was considered quite positive for Cimpor,
ADAG cement plants may kick off in 2012
The Anil Dhirubhai Ambani Group’s (ADAG) proposed foray into cement business is set to start next month with operations
Vulcan confident about achieving Florida Rock integration benefits
Helped by the inclusion of Florida Rock, Vulcan Materials’ first quarter turnover increased by 18.9% to US$819.3m
Holcim pushes capital expenditure ahead
First quarter turnover at Holcim declined by 3.8% to SFr5,509m (€3,443m), principally reflecting the de-consolidation of the Egyptian and South African businesses but, on a comparative basis, there wa
Infrastructure investment boosts PPC’s profits, South Africa
Pretoria Portland Cement (PPC) saw its profit increase due to SA’s cement demand for its infrastructural projects,
Titan 1Q08 turnover declines, buy-out of Lafarge in Egyptian joint venture announced
Titan’s first quarter turnover emerged 0.6% lower at €340.2m and the EBITDA declined by 14.3% to EUR76.2m, while at the net attributable level there was a 15.8% reduction to €43.7m.
Sri Lanka to import cement from Pakistan early this month
Due to the rising demand for cement Sri Lanka is to import 10,000t of cement from Pakistan to meet its requirements.
Outlook: Titan Cement Q1 net down 21 per cent on weaker US
Greece’s Titan Cement Company SA. 2008 first-quarter group net profit is estimated to fall 21 per cent YoY to EUR40m
Tanzania capacity increase update
Tanzania Portland Cement Company (TPCC) plans to launch a new grinding mill by August to boost annual production by 90 per cent,