Siam City Cement (SCCC): Fair 1Q09 earnings
Siam City Cement (SCCC) was still able to post an acceptable 1Q09 net profit of Bt805mn (EPS Bt3.50),
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Siam City Cement (SCCC) was still able to post an acceptable 1Q09 net profit of Bt805mn (EPS Bt3.50),
Egypt’s Alexandria Cement posted an 87 per cent rise in net profit on Sunday to E£66.6m (US$11.9m) for
Peru’s overall cement production rose 3.78% in January to April to 2.17Mt, compared with 2.09Mt in the
Chile’s three cement producers - Bío Bío, Polpaico and the local unit of Lafarge - posted mixed results in
The Roanoke plant in Virginia, owned by Titan America, a Titan Group subsidiary, has won the Overall
Lafarge is pursuing its strategy of internal growth in high-potential markets with a new production line in
Appeals against resource consents granted to a proposed US$300m cement plant near Oamaru have
Cimpor posted a net profit of EUR 54.6m (US$74.5m) for the first quarter of 2009, which was a 9.9%
Chettinad Cement Corporation Ltd plans to add a 2Mta cement production line at its Dindigul unit in
A survey conducted by the Mexican branch of Citigroup has determined that the prices charged by
India’s single-largest cement maker by capacity, Thursday said local demand for cement is strong and the company’s expansion plans are on track.
Unicem, a joint venture of Lafarge (28%), Holcim (28%), Dangote (22%) and Flour Mills (22%) inaugurated on May 12 its new cement plant at Mfamosing, in Cross River State, Nigeria,
Buzzi Unicem’s first quarter cement deliveries fell by 20.0% to 5.5Mt and the group ready-mixed concrete volume dropped by 20.4% to 3Mm³.
HeidelbergCement is considering selling its A$2bn ($1.5bn) Australian business as it looks to pay down
Barbados Prime Minister was on a recent familiarisation tour to the Arawak Cement Company based in
Kuwait Cement Company slipped into a net loss of KWD 8.94m (US$30.8m) in the first quarter of 2009,
Siam Cement Group expects its international trade to suffer its first-ever drop in annual revenue, to
HeidelbergCement AG said Thursday it has received bridge financing for a EUR600m loan.
With a 40% market share in the Malaysian cement industry, Inter-Pacific Securities expects Lafarge
UltraTech Cement does not intend to restraint its expansion plans even though the domestic market is
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