Cement News tagged: International
India Cements 1Q net profit INR1.42bn
India Cements Ltd said Wednesday its fiscal first-quarter net profit fell 22% from a year earlier.
Midwesco Filter Resources, Inc. announces new president
Midwesco® Filter Resources, Inc announced today Mark Foster will become the new acting President effective August 1, 2008.
Investors to construct cement plant in Mareb, Yemen
Chairman of the Board of Directors of Al-Shulif Company for Trading and Investment Ahmed Ali Al-Shulif pointed out that a joint coalition of Gulf, British and Yemeni investors intend
Yanbu Cement set to sign deal with Sinoma
Yanbu Cement Company (YCC), one of the largest manufacturers of cement in Saudi Arabia, will sign a contract with Sinoma International Engineering Co Ltd
China Customs report suggests tariff hike to curb cement export
Chinese Customs have suggested, in a latest report, on levying additional provisional export tariffs on cement in light of the rebound of cement exports in Jan-May.
Malaysian cement price set to rise further
The average selling price of local cement is now on par with cement prices in the Asia-Pacific which range from RM273 to RM277 per tonne.
Tanzania cement prices remain high
The prices of cement have not come down significantly despite Tanzania and other East African Community member states having allowed free movement of the commodity across their borders.
Novoroscement to build cement plant, Russia
Novorossiysk-based cement-supplier Novoroscement has announced US$397m plans to build a cement plant in Novorossiysk, Russia.
Banque Audi finances Lafarge cement factory in Syria
Lebanon’s Banque Audi has arranged a US$380m loan to French conglomerate Lafarge to finance a cement factory in Syria,
TPI Polene 2Q08 earnings slightly higher than expected
TPIPL reported 2Q08 net profits of Bt74m, down 91.5% YoY and 92.2% QoQ. Stripping out Bt530m FX losses from its loans, 2Q08 normalised profits were Bt605m, down 20.3% YoY
Indonesia’s Indocement H1 profit more than doubles
Indonesia’s second-largest cement maker, PT Indocement Tunggal Prakarsa Tbk , reported on Monday its first-half net profit more than doubled, powered by robust cement sales.
Lafarge to raise cement prices by MYR20/t
Lafarge Malayan Cement Bhd, Malaysia’s largest cement producer by volume, is increasing the recommended retail prices for its bagged cement products by MYR1 per 50kg bag
Indonesia’s Semen Bosowa to raise capacity
Cement maker PT Semen Bosowa Maros in South Sulawesi plans to increase its production capacity to 3Mt in 2009 from 2Mt at present.
Increasing investment leads Gresik to seek US$1.2bn loan
PT Semen Gresik Tbk seeks out US$1.2bn loan or IDR10.98 trillion to fund the company with its swelling investment up through to US$1.8bn.
Jidong to build CNY1.5bn project in Chongqing
Chinese cement producer Tangshan Jidong Cement Co., Ltd yesterday released a plan of spending CNY1.5bn building two clinker production lines each
Henan cement prices rise
Cement prices in central China’s Henan province in the first half of July rose by 5.61 per cent than the second half of June to CNY 309/t f