Egyptian producer financials
Egypt’s South Valley Cement reported a 16.3 per cent decline in first-quarter net profit to 46.5 million Egyptian pounds ($8.7 million), the stock exchange said on Sunday....
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Construction costs continue upward rise
Despite talk of bringing down the price of cement and steel, the Indian construction market is yet to reflect little of the government’s efforts
Twiga to spend $100m to expand its Dar plant
Tanzania Portland Cement Company Ltd (TPCC) is to invest US$100m in an expansion of its Dar es Salaam plant that will increase its capacity by 90 per cent.
Conch plans investment in quake-hit region
Leading Chinese cement producer Anhui Conch Cement Co Ltd plans to speed up capacity expansion in the aftermath of the most devastating
USA: Phoenix cement recognised by EPA for energy-efficiency
Phoenix Cement Company’s Clarkdale plant was recently honoured by the US Environmental Protection Agency with its Energy Star award.
Lafarge Malayan Cement reports 13.2% lift in pre-tax profit
Lafarge Malayan Cement Berhad on Thursday reported first quarter pre-tax profit of RM66.293 million (US$20.7 m), an increase of 13.2 per cent YoY thanks to higher domestic sales.
Buzzi Unicem expands in Texas
Alamo Cement Company, a wholly owned subsidiary of Buzzi Unicem, is in the process of acquiring a 50% stake in Dorsett Bros. Concrete Supply of Houston, Texas.
Taiwan’s Asia Cement plans HK$400m in China acquisitions
Asia Cement Corp is ready to invest some HK$400m to acquire cement companies based in China
China cement industry to raise prices
China’s cement industry plans to lift prices for the fourth time in the October to December period, 2008 as a result of eliminating 600Mt
Lucky Cement, Noor Investment sign MoU
Lucky Cement has signed a Memorandum of Understanding (MoU) with Noor Financial Investment Company (Noor)
UK: Cemex makes recycling pallet-able
Cemex UK has launched its first UK pallet collection system within the cement industry.
UK: Cemex makes recycling pallet-able
Cemex UK has launched its first UK pallet collection system within the cement industry.
Lafarge buys leading Indian concrete producer
Lafarge is paying EUR226m to acquire L&T Concrete from the Indian engineering group Larsen & Toubro.
Cementir’s weak first quarter
Cementir’s first quarter turnover increased by 3.2% to EUR245.1m in 2007. Harsher weather conditions, particularly in Scandinavia
Adelaide Brighton forecasts profit growth of 9.7 per cent
Adelaide Brighton Ltd has forecast full year profit growth of nearly 10 per cent as infrastructure and engineering projects spur demand for construction materials.
Lafarge Malaysia appoints new president, CEO
Lafarge Malayan Cement Bhd has appointed Bi Yong Chungunco as its president and chief executive officer with effect from May 5, 2008.
Indocement Prepares IDR6.71trn for expansion
PT Indocement Tunggal Prakarsa Tbk is going to spend US$608m-US$730m or IDR5.59 trillion-
Strong first quarter profits from Buzzi Unicem
Buzzi Unicem’s first quarter cement sales declined by 4.5% to 6.8Mt because of the weakness of the Italian and US markets, but ready-mixed concrete deliveries did improve ...
Anhui Conch to build six new plants in China
Anhui Conch Cement Co, China’s largest cement producer by output, said Tuesday it plans to build six dry-process plants in China, which will cost at least CNY4.95bn (US$70...
Indonesia April domestic cement sales up 28 per cent
Indonesia’s domestic cement sales growth jumped 28.2 per cent in April from a year ago to 3.08Mt.
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