Cement News tagged: International
OCI to Build New Cement Plant in Pakistan
Orascom Construction Industries announced that it has finalised negotiations for the acquisition of a 51 per cent stake in Chakwal Cement Company Limited listed on the Karachi Stock Exchange, which ow
Cementos Lima Q3 profits down
Peru’s largest cement producer Cementos Lima has reported that lower sales contributed towards a 13.9 per cent fall in profits for the third quarter to September 30 compared to the same period l
ACC October cement despatches up
Associated Cement Companies (ACC) has reported a 13.8per cent increase in cement despatches for October 2004 at 1.402Mt as compared to 1.232Mt in October 2003. According to a release issued to the BSE
Ghacem to utilise local limestone
Ghana Cement Works (GHACEM) is now using limestone from Yongwa in the Eastern Region to produce cement. This is a new cement standard approved by the Ghana Standards Board which allows the use of loca
Russian cement data
The Russian cement industry continues to improve its perform and output data with latest figures for the first nine months of 2004 showing that 35.2Mt of cement was produced in the period, an increase
Strong 3Q04 earnings from SCCC
Siam City Cement (SCCC) reported strong 3Q04 earnings with a net profit of Bt1,112mn (EPS Bt4.62), up 17 per cent qoq and 58 per cent yoy. The strong rise qoq was the result of an upturn in sales and
Indonesia’s Semen Cibinong reverses
Indonesia’s Semen Cibinong reverses into the red in Jan-Sept on forex loss. PT Semen Cibinong posted a nine months to September net loss of 379.26 bln rupiah, a reversal from a net profit of 241
TPIPL creditors approve restructuring plan
Creditors of TPI Polene Plc overwhelmingly approved changes to the company’s debt restructuring plan, the Bangkok Post reports. The changes will allow TPIPL, the country’s third largest c
Arabian Cement news
Saudi cement producer Arabian Cement Company (ACC) ACC, based in Jeddah, western Saudi Arabia, posted a net profit of 261 mln Saudi riyals ($69.6m) for the first nine months of 2004, up from 160 mln r
Program aims to improve skills
Corporate social responsibility is one of the touchstones for Union Cement Corp.’s (UCC) strategic and sustainable business direction.
Spanish terminal developments
As reported yesterday, Italian cement group Buzzi Unicem has acquired a 68 per cent stake in Orionidas, a fledgling Spanish import company, involving former Agrox officials, for around Euro 680,000.
UK to request higher emissions trading allowance
UK government said Wednesday it planned to ask the European Commission for a somewhat larger share of the greenhouse gas emissions allowances that are to begin trading on an EU carbon market next year
Price fall is seasonal claims Sanghi Cement
Sanghi Cement, a Gujarat based manufacturer, which has recently doubled its capacity is said to have triggered a price fall in Gujarat. Hemant Pandey of Sanghi Industries, however, said that the compa
Lafarge not bidding for Loma Negra for time being
Lafarge, the world’s largest cement maker, is not bidding for now for Loma Negra, Argentina’s largest cement company, but might have a change of heart in future if the price is right, CEO
High realisations boost ACC
Associated Cement Companies (ACC) reported a 182 per cent increase in net profit to Rs78.6 crore (US$11.72m) for the second quarter ended September 30 (Rs 27.9 crore for the corresponding quarter of t
Thai TPIP creditors approve debt plan
Creditors of TPI Polene PCL, Thailand’s No. 3 cement maker, approved on Thursday a plan to restructure its $600 million debt, a Justice Ministry official said, driving its shares up nearly three