Kuwait Cement Co US$139m net profit
Kuwaiti cement producer Kuwait Cement Company registered a decline in its net profit to KWD37.1m (US$139.6m)
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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.
Freights exhibit summer lethargy
A relatively quiet month for the dry bulk markets with brokers reporting fewer ships waiting to load at some of the earlier congested major bulk ports and even the imminent ar...
India: ACC Q2 net profit falls 27%
ACC Ltd, India’s largest cement producer, on Thursday announced that the company has reported a fall of 26.92% in its net profit to
Sri Lanka seeks partners to revive plant
Sri Lanka’s industrial ministry plans to revive a defunct cement plant in Kankesanturai, in the northern Jaffna peninsula, through a joint venture, a government spokesman ...
Athi River Mining to create five subsidiaries, Kenya
Athi River Mining, will transform its five divisions into wholly-owned subsidiary companies, as part of a drive to boost competitiveness.
Cameroon may build second deep-sea port to supply cement plant
Cameroon may build a second deep- sea port at the coastal town of Limbe to allow heavy equipment to be brought into the country for a planned cement plant
Gujarat’s mini cement plants want village industry status
Gujarat’s small cement factories are facing closure on account of rising manufacturing costs, according to an industry lobby.
Holcim plant manager appointed, New Zealand
Holcim (New Zealand) Ltd has this week announced the appointment of Chester Goodson as plant manager at its Westport Cement Works
Acquisitions strengthen GCC results
Mexico-based Grupo Cementos de Chihuahua (GCC) announced consolidated results for the quarter ended June 30, 2008. During the second quarter of 2008 were generated double-digit ...
Holcim successfully commissions Romania’s largest kiln line
Holcim Romania has just successfully commissioned a new kiln line in the cement plant of Campulung.
Shree Cement expansion, India
Shree Cement (SCL), the Kolkata-based firm will invest Rs 550 crore in the current fiscal.
FLSmidth to supply new cement plant in Jordan
FLSmidth has signed a contract worth EUR119m with Modern Cement and Mining Company to supply equipment and civil design for a cement plant with a clinker capacity of 3500tpd
China’s Jilin Yatai wins approval for stake sale to CRH
Cement firm Jilin Yatai (Group) Co Ltd said it has received approval from the National Development and Reform Commission
Mexico’s Cemex 2Q net profit down 27% to US$444m
Cemex said Tuesday its net profit fell 27% in the second quarter to $444m, while higher sales and operating gains helped the company cut debt following athe Rinker acquisition.
’No early end’ to cement shortage
A senior official of Qatar National Cement Company (QNCC) said yesterday that the current shortage of cement in the local market is not expected to be resolved soon,
Siam Cement Q2 profit down but beats forecast
Siam Cement PCL (SCC), Thailand’s biggest industrial conglomerate, reported an 18 per cent fall in quarterly net profit on
Brazil’s cement producers to invest US$3.4bn by 2012
Brazilian cement producers will invest around 5.5bn reais (US$3.4bn) by 2012 to expand production capacity by 35% in response to growth in demand,
India: 1Q cement sales rise
Despite cement sales of leading Indian producers improving in the first quarter of 2008-09, the steep rise in input cost is expected to exert pressure on the bottom lines.
Hoang Thach cement factory’s output hits 1.7Mt
Nhan Dan - Hoang Thach cement factory is reported to have sold over 1.76Mt of cement so far this year,
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