Cement News tagged: International
Turkish Mardin Cimento to invest
Mardin Cimento will invest 2.8 trln Turkish lira (US$1.9m) in modernisation, it was reported on July 26, 2004. The company has received an investment incentive certificate from the Turkish Treasury f
Aggregate Industries’ US advance held back
In the first six months of 2004, Aggregate Industries increased turnover by 9.4% to £732.8m (US$1,333.7m) and the EBITDA emerged 8.2% higher at £97.2m (US$176.9m). Better weather led to an improvemen
Eagle Materials starts well
Eagle Materials, until last year known as Centex Construction Products, has reported a 20.8% increase in turnover to US$150.3m in the first quarter of its 2004/05 financial year, with the trading prof
Brazil Cement industry sells more
For the first time this year, the cement industry registed an expressive increase in sales. In June, according to National Syndicate of Cement Industries (Snic), consumption of the product reached 2.9
Semen Gresik 1H Cement Sales Up
PT Semen Gresik said its total cement sales in the first six months of this year rose 16% on year to 7.28Mt from 6.29Mt, due to an increase in domestic sales and exports. Indonesia’s largest cem
Mexican CMD complains
Mexican company Comercio para el Desarrollo Mexicano (CMD), associated with the Spanish company Tradeland Commodities, complained on July 22, 2004, that Mexican cement maker Cemex bars it from importi
Anhui Conch says macro controls hit prices
Anhui Conch Cement Co. Ltd, the mainland’s largest cement maker, has blamed China’s economic cooling measures for a 20 per cent decline in its cement prices in May and June against the fir
Cement demand fails to take off
Strong demand growth continues to remain elusive for some Indian cement companies, if the data for the first quarter of FY05, recently released by Cement Manufacturers’ Association (CMA) is anyt
Palestinians made millions
Palestinian businessmen have made millions of dollars supplying cement for Israel’s "security barrier" in the full knowledge of Yasser Arafat, the Palestinian leader and one of the wall’s
Bamburi profits trapped
Despite reporting a 59 per cent increase in its after tax profits, Bamburi Cement Company is yet to muster the intricacies of public policy formulation in Kenya. The firm had expected to report highe
Semen Padang sets export target
PT Semen Padang, based in Padang in West Sumatra, plans to export 1.35Mt of cement this year, including 500,000t of clinker. Exports will shipped to other Asian countries, South Africa and Europe, a c
Lafarge: Romania cement sales up
Lafarge said on Friday its first-half cement sales in Romania rose by 27.7 per cent year-on-year. The sales growth in Romania exceeded the average rise of Lafarge’s cement sales in Central Euro
Polish construction
The Polish government statistics agency GUS released its July survey on the construction market prospects. The industry outlook has improved for 28 per cent of the companies surveyed while 16 per cent
US infrastructure spending
US legislators have upgraded their proposals for a US infrastructure funding program from $275bn to $299bn. This proposal appears to have the backing of the Bush administration. Senate negotiators off
ACC net jumps
In spite of severe problems in availability and transportation of coal, Associated Cement Companies (ACC) has announced a net profit of Rs. 81.23 crores for the first quarter ended June 2004 against R
Cementos Lima 2Q, Peru
Higher operating revenues helped push Cementos Lima SA’s second-quarter net income to PEN25.4m compared with PEN25.1m in the same quarter last year. Operating revenues rose to PEN146.4m in the s