Grasim Industries clinker plant begins operations
India’s Grasim Industries Ltd Wednesday said its 3.3Mta clinker plant in the northern state of Rajasthan has begun operations.
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Huaxin Cement reports strong results, China
Huaxin Cement Co, Ltd about CNY450m profits in 2007, surging 94.26% YoY, and gained operating revenue of
Semen Padang posts 47.7 per cent jump in year net profit
PT Semen Padang of Indonesia posted a net profit of Rp358bn (US$39m) in 2007, up by 47.72 per cent from a year earlier.
Holcim (Slovensko) sales slightly lower at Sk3.81bn, Slovakia
Sales at Holcim (Slovensko) decreased negligibly to Sk3.81bn last year from Sk3.85bn in 2006, the company has announced. EBITDA increased by 22 per cent.
GBL acquires EUR62.32m worth of Lafarge shares
Belgian Financier Albert Frere’s holding company Groupe Bruxelles Lambert acquired EUR62.32m worth
Madras Cements plans expansion
Madras Cements of India will spend INR1524 crore by the end of this year to boost capacity.
Cimpor’s Peruvian unit to build new plant in 2008
Cimpor’s Peruvian subsidiary Cementos Otorongo will start building a new cement factory in 2008 with a production capacity of 650,000tpa of cement, the company said.
Vietnam Ministry denies cement price hike
The Ministry of Construction has rejected rumours circulated in the local media that cement prices had increased 40 per cent since the end of 2007 or that cement supplies were s...
Pakistani cement makers raise prices on higher costs
It is has been reported that major cement makers in Pakistan have raised prices due to high cost of raw materials
Vietnam cement prices seen surging despite assurance
Prices of popular cement brands are expected to rise further early next month though the Ministry of Construction assured
Project delays to weigh down cement industry, Malaysia
Cement demand is likely to be dampened by potential delays in the Ninth Malaysia Plan (9MP) project
Lafarge’s Heracles Cement FY net grows 11.4 per cent
Lafarge’s Greek unit, Heracles General Cement Company SA, said full year group net profits grew 11.4 per cent YoY to EUR67.8m, weighed down by EUR31.7m in investments.
Shree Cement plans to up capacity by 20% Next FY
India’s Shree Cement Ltd plans to increase its production capacity by 20% in the next financial year that begins April 1
Texas Industries enters $150m credit pact
Texas Industries Inc said Monday that it entered into an unsecured $150 million senior term loan with a group of lenders.
Vietnam: Lilama expands international cooperation
The Vietnam Machinery Erection Corporation (Lilama) is expanding its international cooperation by speeding up work to establish a construction machinery company with a Russian p...
Indonesian manufacturers expect 6% rise in domestic market
Leading cement manufacturers expect demand for cement to grow at least six per cent on the back of an improving economy and many large construction projects this year.
KHD Humboldt Wedag International Ltd wins contract in India
KHD Humboldt Wedag International Ltd announced today that it has won a contract valued at approximately US$80m
Oil revenues fuel 70 per cent rise in Dubai cement imports
Dubai imported almost 3Mt of cement in 2007, according to state figures, as the Gulf region was gripped by a construction boom fuelled by rocketing oil prices.
Krasnoyarsk Cement Plant to build new line, double output
The Krasnoyarsk Cement Plant, which is part of Russian holding Sibirskiy Cement (Siberian Cement),
Small players to hike cement prices in Gujarat
Small cement plants in Gujarat have decided to hike prices by Rs 12 per bag of 50 kg effective April 1.
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