Turkey’s Oyak Cement 2007 sales up 10 per cent
Turkish Oyak Cement Group’s net sales rose some 10 per cent to TRL850m (US$690m) last year, while EBITDA amounted to TRL400m,
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HeidelbergCement Ukrainian plants up output 15%
Ukrainian plants within the HeidelbergCement Group increased production 14.8% in 2007 to 4.3Mt of cement.
Cimpor to invest about EUR16m in two new 5500t capacity cement ships
Cimpor’s Cimpship shipping unit plans to invest about EUR16m in two new ships with the capacity to transport about 5500t of cement each, a company official said.
Volskcement Board recommends to accept offer from Alpha Cement
The Board of Directors of Volskcement (Saratov region, Russia) at its meeting on February 4, 2008 decided
Buzzi Unicem: growth in Eastern Europe and Mexico offset weaker USA and Italy
Buzzi Unicem improved turnover by 9.1% to EUR3,205m in 2007. Based on a constant structure and exchange rates, the underlying increase was 8.8%.
Cimpor to invest EUR600m by 2012 to boost production capacity
Cimpor plans to invest EUR600m by 2012 to hike its production capacity to about 33.5-36Mta from 28.5Mta currently
Indonesian cement kept ’overweight’ on robust growth outlook
PT Trimegah Securities said in a note to clients it has kept its "overweight" rating on Indonesian cement stocks on a strong growth outlook for this year.
New orders for Scheuch
Over the past few months, Polysius has awarded Scheuch a variety of contracts for global plant installations.
NDEP to hold hearing on Nevada Cement expansion
The Nevada Division of Environmental Protection is slated to consider an operating permit to construct request from Nevada Cement
Lafarge expects signal from Azerbaijan for start of geological surveys
Azerbaijan Investment Company and France’s Lafarge have failed to achieve any progress so far on a Baku cement factory project
India Cements to build up shipping fleet
India Cements is pressing ahead with ambitious plans to make it big in the country’s growing dry-bulk shipping business five years after pulling out of shipowning.
Consent granted for Holcim’s Weston plant, New Zealand
Holcim Ltd has been granted resource consent for a cement plant, quarries and pits at Weston, 5km northwest of Oamaru.
India budget countdown: cement makers may get excise duty relief
The Indian budget may bring cement manufacturers much awaited relief in the form of a 35% abatement on excise duty and waiver of import duty on coal and petcoke.
California Nevada Cement Association to receive American Concrete Institute Award
The American Concrete Institute (ACI) has announced that its Distinguished Achievement Award will be
Lafarge Moldovan unit raises capital to MDL445m
Lafarge Ciment, has raised its capital to 445 million lei (US$39.8m) through a
Kichedzhi to construct five cement plants in Central Russia
Vasiliy Kichedzhi, the owner of Vsya Rossiya media group, has decided to construct five cement plants in the Central Russia,
Lucky Cement earning likely to show 22% rise, Pakistan
Lucky Cement Limited is expected to show a 22 per cent YoY increase in its net earnings to PKR968m for the first half of the current financial year.
Siam City Cement Q4 net profit down 42 per cent
Siam City Cement , Thailand’s second biggest cement maker, missed forecasts with a worse-than-expected 42 per cent drop
Semen Gresik plans up to US$500m of bonds by March
PT Semen Gresik plans to issue US$300m to US$500m of bonds in the overseas market by March to help finance construction of cement and power plants
GBL mulls boosting Lafarge stake to 25 per cent
GBL, the Belgian investment group controlled by Albert Frere and Canada’s Desmarais family, has raised its stake
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