Akcansa posts TRY 186m net profit
Turkish Akcansa announced that it recorded a net profit of TRY 185.8m last year while increasing turnover by 20% YoY to TRY690.6m.
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China Kehua Group to establish cement plant in Ethiopia
Chinese cement producer Zhejiang Kehua Group Co, Ltd will invest USD93m in building a cement plant in Addis Ababa,
Dyckerhoff Ukraine plans EUR 260m modernisation investment
Dyckerhoff Ukraine plans to invest some EUR 260m in modernising its production facilities.
Semapa FY net rises 33 per cent to EUR122.0m
Semapa SGPS said net profit increased 33 per cent to EUR122m in the full year to December, up from EUR91.4m in 2006.
Nigeria lifts bagged cement import ban for six months
Nigeria has temporarily lifted a ban on importing cement in bags to meet a sharp shortfall in supply that has pushed up local prices
No appeals yet on Holcim plant, New Zealand
No appeals have yet been filed with the Environment Court over Holcim (New Zealand) Ltd’s proposed
Germany to build cement plant in Quang Tri, Vietnam
Germany ’s Metz Group will build a 2Mt cement plant in the central province of Quang Tri .
Fitch Ratings forecasts Siam Cement’s earnings outlook
Siam Cement’s earnings outlook is expected to remain "constrained", given the expected pressure on
Oman Cement Q4 profit falls again, misses forecast
Oman Cement Co, Oman’s largest maker of the building material by market value, posted its third consecutive
Japan’s IHI to sell cement plant business to Kawasaki Heavy
Japanese heavy machinery maker IHI Corp said Monday it will sell its loss-making cement plant business to industry peer Kawasaki Heavy Industries
Cimpor investment projects in Tunisia and Jordan
Cimpor is planning a 50% increase in clinker capacity at Ciments de Jbel Oust in two stages. On the final completion of the project, expected in 2010 or thereabout,
PPC upbeat on Zimbabwe subsidiary
Pretoria Portland Cement (PPC) said its Zimbabwean subsidiary had surpassed market expectations despite operating under price controls
Cement shortage still haunts Tanzanian construction sector
Perceived as a problem that would end shortly, it’s almost seven months now since consumers started experiencing the scarcity of cement across the country
Azerbaijan Investment Company becomes shareholder of cement plant
The Azerbaijan Investment Company (AIC) signed an agreement on Feb. 13 with Holcim after purchasing a 10 per cent participation share in the capital of Garadagh Cement plant
Complaints as cement price hits N2,200, Nigeria
Barely one month after the lifting of the ban on importation of cement by the Federal Government, the price of cement has increased from N1,300 to N2,200.
India: Shree Cement’s MP plant delayed over land issue
Kolkata-based Shree Cement Ltd’s (SCL) upcoming cement project in Madhya Pradesh is being delayed due to land procurement issues.
JP Associates reopens new-look Chunar cement factory
The Chunar cement factory, which was closed in 1998 due to huge losses, has been recommissioned
BaselCement to ’become Russia’s biggest cement importer’
BaselCement and Turkish Cimentas signed a two-year contract for the delivery of 2Mt of cement to Russia.
BaselCement to ’become Russia’s biggest cement importer’
BaselCement and Turkish Cimentas signed a two-year contract for the delivery of 2Mt of cement to Russia.
Ambuja Cements to buy three cargo ships, India
To tap the growing demand of cement in the country, Ambuja Cements is expanding its cargo fleet for the internal movement
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