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Shortage of cement delays power projects in eastern IndiaIndia is unlikely to meet power generation targets from its eastern region by 2012 due to a shortage of cement, officials said. “For power projects in the eastern region there is a requirement fo...News - 14 May 2009 |
India industry on steady growth path, says industry bodyThe economic slowdown and slump in the housing sector notwithstanding, the cement sector continues to be steady with another 50Mt capacity to be added this year, industry body Cement Manufacturers...News - 11 May 2009 |
Egypt is now Italcementi’s largest profit earnerItalcementi’s first quarter turnover declined by 11.1% to €1201.2m, while the running EBITDA fell by 27.0% to €188.9m and the trading profit by 57.3% to €64.6m. The pre-tax profit dropped by 68.4...News - 11 May 2009 |
Birla expects 10Mt cement capacity in two years, IndiaBirla Corp Ltd, part of the MP Birla Group, expects its cement capacity to rise to 10Mt in two years from 6Mt now, the company said in a release Thursday here. "The second and final phase of expa...News - 08 May 2009 |
Harsh winter hits Holcim’s volumesFirst quarter turnover at Holcim declined by 17.9% to SFr4,523m (€3,015m), or by 8.5% on a comparable basis. The operating EBITDA was down by 33.7% to SFr763m (€509m), which represents a 23.0% fal...News - 07 May 2009 |
Lafarge’s European & American operations pull down 1Q resultsCement shipments in the quarter were off by 10.3% to 31.3Mt, while turnover from cement declined by 8.6% to €2,335m and the EBITDA emerged 9.5% lower at €573m. The aggregates tonnage was down by ...News - 07 May 2009 |
Lafarge and WWF renew partnershipBruno Lafont, Chairman and CEO of Lafarge, and James P. Leape, Director-General of WWF International, have announced the renewal of the partnership between Lafarge and WWF International for anot...News - 06 May 2009 |
Holcim 1Q Net Profit CHF74m versus profit CHF370mHolcim Ltd reported a fall in net profit to SwFr74m (US$64m) compared with CHF370m a year ago. Sales declined to CHF4.52bn from CHF5.51bn and operating profit to CHF343m from CHF737m. Operating ...News - 06 May 2009 |
Shree Cement shipments rise 28%, IndiaCement maker Shree Cement said on Wednesday its April shipments rose 28.33 per cent to 788,000t, from 614,000t a year earlier. The firm has a capacity to produce 8Mta of cement at its plant in th...News - 06 May 2009 |
Steeling oneself for market realitiesContinued volatility in the ocean freight sectors marks the day to day progression of the Baltic Dry Index and consequently affects all shipowners involved in dry bulk trades. And while the more o...News - 06 May 2009 |