Cement deliveries declined by 4.9 per cent to 4.7Mt (5.1m short tons) because of shortage of stock and limited trading opportunities. Aggregates shipments, on the other hand, rose by 6.9 per cent to 22.9Mt (25.2m short tons) and ready-mixed concrete volume advanced by 4.1 per cent to 2.9m m³. The expansion of the integrated cement works in California, which should add 0.9Mt (1.0m short tons) should be completed in the final quarter of 2007. In addition, Texas Industries has plans so increase cement capacity in Texas. In total, these investments are aimed at increasing the group’s cement capacity by some 50 per cent to 6.8Mt.
Malayan Cement FY26 net profit rises 34%
Malayan Cement Bhd reported a 34.3 per cent increase in net profit to MYR903.17m (US$214m) for...