Cement industry news

27 Apr 2011 International

Caribbean Cement targets South American export order

Caribbean Cement Company Limited (CCCL) is about to expand its supply markets into South America,

27 Apr 2011 Corporate

Raysut first-quarter net profit falls

Oman-based cement producer Raysut Cement Company reported net profit of OMR5m (US$13m) in

27 Apr 2011 Corporate

Oman Cement Co net profit falls on price pressures

Oman Cement Company reported net profit of OMR4.2m (US$10.9m) in 1Q11 compared to OMR7.1m

27 Apr 2011 Freight Markets

Easter break brings little respite for owners

The Easter break has had an impact on market rates with the Baltic Dry Index (BDI) down again to 1250 points by Tuesday 26 April

27 Apr 2011 International

Camargo Correa cement arm rebrands as InterCement

Camargo Correa of Brazil has rebranded its cement arm under the holding name of InterCement.

27 Apr 2011 Corporate

Cimpor announces dividend

Portuguese cement major Cimpor says it will distribute the gross dividend of EUR0.20 per share from Ma

27 Apr 2011 Corporate

Japanese cement firms seen moving into black in FY10

Taiheiyo Cement Corp and Sumitomo Osaka Cement Coo are expected to report group net profits for the year ended 31 March 2011, overcoming year-earlier losses by streamlining dome...

27 Apr 2011 International

Benin Cement output may fall 44% amid electricity shortages

Cement output in Benin may fall 44 per cent this year as damaged machines and a lack of power hinders production, Trade Minister Christine Ouinsavi said

27 Apr 2011 International

PCA expects constrained demand growth

While the economic recession is over and economic growth is strengthening, the construction recession may not run its course for another 18 months

27 Apr 2011 International

China cement production increases by one-third

Cement production in China reached 164.56Mt in March 2011, up 29.8% compared with the same period

27 Apr 2011 Corporate

Thai Siam Cement 1Q group net up 34%

Siam Cement Pcl (SCC), Thailand’s biggest industrial conglomerate, posted a 34 per cent rise in quarterly

27 Apr 2011 Corporate

ACC net profit down on high input costs

Escalating input costs saw ACC report a drop of 11 per cent in its consolidated net profit for the first

27 Apr 2011 International

South Valley Cement net income down

Egyptian cement company, South Valley Cement, said full-year net income declined 66 per cent to

27 Apr 2011 Corporate

Regulator directs bourses to list MI Cement, Bangladesh

The stock market regulator yesterday directed twin bourses to list MI Cement Factory Ltd on their trading boards

27 Apr 2011 International

Liberia: gov’t holds down gas, cement prices

If fuel suppliers and Liberia’s lone cement manufacturer, CEMENCO, stay faithful to their shared responsibility to the Liberian consumers

26 Apr 2011 International

Indian margins to remain under pressure in FY12

Higher input costs are impacting company margins with cement producers also feeling the pinch of a demand-supply gap, analysts suggest.

26 Apr 2011 Environmental

Cemex Polska in alternative fuels venture, Poland

Cemex Polska and Trade have established the firm EkoPaliwa Chelm which will be responsible for the construction of a facility

26 Apr 2011 Environmental

Holcim’s Theodore, Ala., plant Wins Energy and Environment Award

Holcim (US), Inc. announced that its Theodore plant located in Theodore, Ala, is the recipient of the 2011 Cement Industry Energy and Environment Award

26 Apr 2011 International

Bolivia gov’t denies nationalisation of or intervention in Soboce?

Bolivia’s Communication Minister, Iván Canelas, on Tuesday rejected the nationalisation or intervention of local cement producer Sociedad Boliviana de Cemento (Soboce),

26 Apr 2011 Corporate

Sinoma Science & Technology profit falls, China

Sinoma Science & Technology reported a 28.37 per cent YoY decrease in net profit to CNY26.31m in the first quarter of 2011,