Cement News tagged under: Completed projects
Cemengal completes contract for Cemindo Gemilang18 May 2017, Published under Cement NewsCemengal of Spain has completed an engineering and supply contract for Indonesian cement producer Cemindo Gemilang. The contract, signed on 22 July 2016, was for three cement grinding units. In a reference letter dated 26 April 2017 and posted on Cemengal’s website, Anang Adji Sunoto, project and operation director of Cemindo Gemilang, wrote: "This engineering and supply contract was performed within due time, quality, budge and safety requirements." |
PPC achieves two major milestones as part of its expansion strategy21 April 2017, Published under Cement NewsAs part of its expansion strategy, PPC announced this week the inauguration of its Ethiopian operation, Habesha Cement, and the first truck dispatch load of saleable cement from its plant in the Democratic Republic of the Congo. The inauguration of Habesha Cement marks the completion of the construction of the factory and installment of the technical and non-technical systems.The ceremony, officiated by the Prime Minister of Ethiopia, Ato Hailemariam Desalegn, was held at the plant in Hole... |
UltraTech Cement second-quarter sales ahead20 October 2015, Published under Cement NewsAditya Birla group company UltraTech Cement reported higher revenue and volume growth for the second quarter of FY16 as well as a better operational performance during the period. For the three months to the end of September 2015, standalone net sales edged ahead by 4.2 per cent to INR5621 crores compared to INR5379 crores a year earlier. Profit before interest, depreciation and tax rose 8.6 per cent to INR1033 crores. However, profit after tax fell 3.9 per cent to INR394 crore largely... |
UltraTech Cement quarterly profit rises 15% YoY24 April 2014, Published under Cement NewsUltraTech Cement reported a 15 per cent rise in net profit of INR8.4bn (US$138m) for the first quarter of the year on cost control initiatives. The company said it saw continuing pressure on input and logistic costs due to the increase in railway freight and a continuous hike in diesel prices. Although there was some relief on account of softening prices of imported coal, the impact was negated by the depreciation of the Indian rupee. However, optimisation of its fuel mix and other initiat... |
China Shanshui revenues rise 42%, China26 March 2012, Published under Cement NewsChina Shanshui Cement Group which operates mainly in the Shandong and Liaoning Provinces in China, said sales growth of 42.2% to CNY16,862m for the 12 months ended 31 December 2011. Gross profit surged by 99.2% to CNY5079m and profit attributable to equity shareholders of the Company soared 127.3% to CNY2225m. Basic earnings per share reached CNY0.79, up 125.7% compared with last year. Commenting on the peformance, Zhang Bin, Vice Chairman and General Manager of Shanshui Cement, said: ... |
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