Cement News tagged: International
Suez Cement net jumps
Suez Cement has released FY03 results ending December, in which net income jumped a significant 3x to come in at LE153m, versus LE49.3m, recorded in the comparable period last year.
Votorantim expands abroad
The cement division of the Brazilian Votorantim, Votorantim Cimentos may increase the investments in the US and Canada to US$1.8bn until 2007, intending to double turnover in comparison to US$342m in
Italy Italcementi develops Eco Cement
Italian cement producer and distributor Italcementi has developed special ecological cement to reduce the nitrogen oxide emissions in big cities, the company said on May 25, 2004 at the congress of th
Thai Construction material makers warned against price increases
Construction material manufacturers have been cautioned against any plans to raise prices in response to rising oil costs.
Infrastructure growth rate doubles nine per cent in India
Buoyed by the impressive performance of the cement, electricity, petroleum refinery and crude sectors, infrastructure growth doubled to 9 per cent in April 2004 from 4.5 per cent a year ago.
Cement firms on shifting sands
China’s attempts to dampen investment in the cement industry may foreshadow a shake-out in the sector, industry observers say. As supercharged economic growth boosts cement production to record
Adelaide Brighton: slightly ahead
Adelaide Brighton Ltd managing director Mr Mark Chellew told the annual meeting today that 2004 demand had begun slightly ahead of plan. "We have good reason to be satisfied with the company’s
UAE Gulf Cement to invest
UAE cement maker Gulf Cement Company, based in the emirate of Ras al-Khaimah, will invest between US$80m to build a clinker plant in Ras al-Khaimah, it was reported on May 25, 2004. The company has s
Cemex thinks US cement tariff will go
Mexican cement producer Cemex is confident that the US government will eliminate anti-dumping duties against Mexican cement imports in September, El Norte reported. Cemex is confident the US departme
First quarter cement sales up
Cement sales in Bolivia grew to 275,986t in the first quarter, 13 per cent higher than the 244,154t recorded in the corresponding period in 2003, Correo del Sur reported. The leading regions for sale
File closed on bid by CRH
Egypt’s Misr Beni Suef Cement (MBSC) said on Monday its file on a possible takeover by Irish construction company CRH Plc was "completely finished", quashing rumours of a possible takeover.
Polish cement sales advance
Figures released by the Polish Cement & Lime Association show that cement deliveries in April were in excess of 1.5m tonnes and 71% higher than during the same month last year. This comes on top of a
Indonesian cement output up
Indonesia’s cement consumption in the first quarter of 2004 reached 6.652Mt, which was a 9.7 per cent increase compared to the 6.064Mt in the corresponding period of 2003. But at the same time,
Lilama signs for new plant
Representatives of Hung Vuong Cement Plant and Vietnam Construction and Machinery Installation Corp, or Lilama, signed an engineering and procurement (EPC) contract on Saturday in Hanoi to build the p
Semen Padang spin-off protests
Dozens of local public leaders and senior politicians have renewed their pressure on the central government to spin off West Sumatra-based cement maker PT Semen Padang from its parent company PT Semen
Grasim, L&T to vote together
Larsen & Toubro (L&T) will vote with Grasim Industries in the demerged cement company UltraTech Cemco till it exits the company in 2009. This is significant because after Grasim Industries’ ope