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Gresik expects improved 2005

PT Semen Gresik expects to book IDR500 billion in net profit next year because of rising demand for cement, a company...

Mitsui to pull out of cement business

Mitsui Japan has decided to withdraw from its cement business because of poor earnings prospects, The Nihon Keizai Sh...

Indian promoters of Prism cements buy out foreign stakes

Indian promoters of Prism Cements have bought out the entire 8.38 per cent holding of foreign promoters F L Smidth & ...

Mexico cement output up 4 per cent Jan-Oct

Cement production in Mexico rose 4.16 percent in the first 10 months of the year on strong demand from a buoyant hous...

Cementir sees Aalborg, Unicon synergies offset by energy costs

Cementir SpA said the synergies from its recent acquisition of Danish firms Aalborg Portland and Unicon from FLS Indu...

Candidates Apply for Saudi Tabuk Cement Co Board Members

A total of 22 candidates have applied for board members of Saudi cement producer Tabuk Cement Company (TCC), it was r...

Orascom to renovate Iraqi plant

Orascom Construction Industries announced that the Kurdistan Regional Government has awarded an OCI consortium a 12-y...

YTL improves in its first quarter results, Malaysia

YTL Corp Bhd made a net profit of RM161.3m(US$42.5m) on turnover of RM1.178bn (US$310m) in the first quarter ended Se...

Semapa Q3 net rises, Portugal

Industrial holding company Semapa said net profit surged five-fold to Euro 162.317m in the third quarter from Euro29....

Indonesian government proposes Cemex alternative

The Indonesian government said it hopes to settle dispute with Cemex Asia over state-owned cement maker PT Semen Gres...