Cement News tagged: International
Indian cement firms seek excise duty rollback
The Indian cement industry wants the hike in excise duty announced by Finance Minister Jaswant Singh in Budget 2003-04 to be rolled back.
Pretoria Portland
Pretoria Portland Cement (PPC), which, in the 2002/3 financial year posted a 40 per cent. increase in operating profit to R866-million, expects a further increase in earnings this year, although at a
Three indonesian cement giants
PT Semen Gresik, PT Indocement, and PT Semen Cibinong, posted net profit at Rp267 billion (US$31.48m), Rp712 billion and Rp242 billion respectively during the nine month period.
India Gujarat Ambuja
Gujarat Ambuja Cement, India`s fourth largest cement producer, plans to raise prices by 10 rupees, or 8.7 per cent, later this week to INR125 a 50kg bag, a senior company executive said Monday.
Chile deliveries
Local cement deliveries in Chile fell 5.6 per cent in November compared to the same month last year, the first drop in nine months after important consecutive increases, according to a report by local
Mykkolayivcement increase
During January-November 2003, Mykolayivcement OJSC (Lvov region of Ukraine), one of the five largest cement producers of Ukraine, increased production by 24.6 per cent against the same period of 2002
Market Surprises
The dry bulk markets are back on a strong trend, after having taken a short breath during the first weeks of November. Thermal coal demand and a renewed interest in vessels taken for periods are part
Siam Cement expects strong 2004
Siam Cement, Thailand`s biggest industrial conglomerate, expects a strong 2004 with domestic cement demand `outstanding` as the country`s economy grows apace, a senior executive said.
Cemex seeks settlement
Mexico`s Cemex has filed for international arbitration to recover the $290m it paid for a 25 per cent stake in Indonesia`s largest cement maker, Semen Gresik, after years of stalled negotiations over
DTI plans to cut import duties
Local cement manufacturers have failed to convince the Department of Trade and Industry (DTI) to retain the safeguard duty on imported cement.
DTI plans to cut import duties
Local cement manufacturers have failed to convince the Department of Trade and Industry (DTI) to retain the safeguard duty on imported cement.
Fortune Cement to merge
Fortune Cement Corp is set to merge with its wholly owned unit Premier Cement Corp. The merger, approved by Fortune Cement`s board of directors on Dec. 10, is seen to improve operational efficiency.
TPI Polene offer
Thai cement-maker TPI Polene PCL will hold its long-delayed share offering of 300 million new shares from January 12-16, 2004, the company said in a statement Tuesday.
Jordanian Cement Prices fall
The Jordanian Government has successfully intervened to decrease the cement prices in the country, which reached their average on December 10, 2003.
Jordanian Cement Prices fall
The Jordanian Government has successfully intervened to decrease the cement prices in the country, which reached their average on December 10, 2003.
Holcim`s Romanian spend
Romanian cement, concrete and aggregates producer Holcim Romania, plans to invest an additional Euro 40m ($48.7m) by 2006, company officials said.