Sri Lanka keen on Birla cement tie to foster competition: minister
Sri Lanka wants to encourage greater competition in local cement production and has given approval for Birla group officials to visit the site of a defunct northern cement plant...
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Grasim 4Q Net profit up 58% on one-off gain
India’s Grasim Industries Ltd said its consolidated net profit for the fiscal fourth quarter rose 58% from a year earlier,
Siam Cement 1Q net profit down 25% on higher costs
Siam Cement PCL, Thailand’s largest industrial conglomerate, Wednesday reported a 25% fall in the first
Indonesia’s Indocement Q1 net profit trebles
Indonesia’s second-largest cement maker, PT Indocement Tunggal Prakarsa, reported on Wednesday its first-quarter net profit rose three-fold, helped by better margins.
Taiwan Cement, Asia Cement Set 2007 record high earnings
Investment earnings last year helped Taiwan’s two leading cement producers, including Taiwan Cement Corp. and Asia Cement Corp, set after-tax earnings record highs.
Tonasa’s Power plant to be completed early 2010
PT Semen Tonasa is going to start the construction of a 3x15MW power plant in Pangkep,
NTPC mulls entry into cement manufacture with private partners
India’s largest electricity producer, NTPC Ltd, will manufacture cement near six of its power plants through ventures with private firms, said a top official.
Sibbank to invest in cement plant in Novosibirsk region, Siberia
Construction of a cement plant with an annual capacity of 1.3Mt has begun in Iskitim, the Novosibirsk Region (Siberia).
Nigeria: oil price responsible for high cost of cement - MD, Sokoto Cement
Managing director of Cement Company of Northern Nigeria (CCNN), Sokoto, Mr Alf Karlsen has
Italcementi consolidates its position in Kuwait
At yesterday’s annual general meeting, Italcementi announced the acquisition of two further ready-mixed concrete businesses in Kuwait for a total of approximately US$30m.
Oman Cement Q1 profit falls
Oman Cement Co , the country’s biggest cement firm by market value, posted its smallest profit in five quarters,
Thailand’s TPI Polene 1Q08 earnings review in-line results
TPI Polene (TPIPL) announced a 1Q08 net profit of Bt955m, up 24.3% YoY and 224.6% QoQ.
Holcim to take total control of India’s ACIL
Holcim will take complete control of Ambuja Cements India Limited (ACIL) by buying the remaining 11 per cent from Ambuja Cements Ltd
President cites confidence of Taiheiyo cement firm in Philippines
President Gloria Macapagal-Arroyo thanked officials of Taiheiyo Cement Philippines Inc. (TCPI) for their
China’s cement market warms up
China’s cement price in March went up 11.94 per cent year on year and 4.67 per cent month on month despite the first quarter being the traditional
Asia Cement seeks HK$2.4b fund to pursue expansion on mainland
Asia Cement (China) Holdings Corp, the mainland unit of Taiwan’s second-largest cement maker,
Singapore’s Hong Leong Asia to control 68.3 percent of Malaysia’s Tasek
Hong Leong Asia Ltd. said on Monday it will control 68.3 percent of Malaysia’s Tasek Corp after the sale
Siam Cement Q1 seen weaker as costs soar
Siam Cement PCL, Thailand’s biggest industrial conglomerate, is expected to post a 21 per cent drop in first-quarter earnings
Draft Bill conditions encourage global emissions: Holcim
Holcim (New Zealand) Ltd would not recommend its parent company invest in a new $200m cement plant near Weston with the draft Climate Change Bill in its present form. However
Bulk carrier conversion specifies MacGREGOR cement-handling system
At the beginning of April, Indonesian shipping company PT Rimba Segara Lines ordered a Nordströms cement-handling system from MacGREGOR
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