Siam Cement likely to report flat 2007 net profit
Siam Cement PCL is expected to report a flat 2007 net profit, with higher production costs and sluggish domestic demand offsetting one-time gains.
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Pakistani cement exporters lose earnings due to cutthroat competition
The value of Pakistani cement exports to India has fallen from $74 to $70 per tonne during the last few weeks due to competition amongst the exporters
Gresik to carry out expansion plan this year
State-owned cement maker PT Semen Gresik said it is set to go ahead with its plan to expand its annual capacity by 600,000t this year, despite an increase in fuel prices.
Dyckerhoff ups output 15% in Ukraine
The Ukrainian plants of Dyckerhoff increased cement production by 14.95% YoY to 2.419Mt in the first 11 months of 2007.
BaselCement, Itera to form JV to build cement plants
BaselCement, a division of Oleg Deripaska’s Basic Element, has signed a cooperation agreement with
Cambodia inaugurates 2.7Mt plant
Cambodia has inaugurated its largest cement plant with a designed capacity of 2.7Mta in the coastal province of Kampot.
JK Cement to set up manufacturing unit in UAE
JK Cement, one of the leading north-based cement makers, is planning to set up a cement facility in Fujairah,
Holcim plans to lease limestone quarry in Southern Romania
Holcim Romania plans to lease a new limestone perimeter near the company’s plant in Campulung Muscel, Arges county
South Valley Cement granted new plant license
Egypt”s South Valley Cement Company has won a license to set up a cement factory in the South Valley Governorate
Holcim, Mortar team up to expand horizons, Indonesia
PT Holcim Indonesia, signed a cooperation agreement Friday with local instant cement manufacturer PT Cipta Mortar Utama.
Lafarge adds Groupe Bruxelles Lambert, Sawiris representatives to board
Lafarge shareholders approved the nomination of representatives from its two largest shareholders to the French company’s board of directors.
China’s Anhui Conch Cement sees 50 per cent growth in 2007 net profit
Anhui Conch Cement Co Ltd said it expects its 2007 net profit to rise more than 50 per cent YoY on the back of strong sales.
Cyprus cement production up 4.8% in 2007
Total cement production in Cyprus rose by 4.8% in 2007 to 1.87Mt, according to the latest data from the Statistical Service, compared with 1.79Mt in 2006.
Siemens to help Flying Cement build 132KVA grid station in Pakistan
The Siemens Pakistan Engineering Company Limited has teamed up with the Flying Cement Company
Sri Lanka Jaffna cement plant chased by India’s Birla group
India’s Birla group will be allowed to operate a cement plant in Sri Lanka’s northern Jaffna peninsula, construction minister Rajitha Senaratne said.
China National Building Material inks investment agreement in Africa
China National Building Material Co., Ltd announced on January 15, 2008 that it inked an investment agreement with China-Africa Development Fund
Gulf Cement net gains up to QR32.3m
Gulf Cement Company has reported a net profit of QR32.3m in 2007 and said it was proposing to convert itself
Eurocement’s Ukrainian plants boost output 7% in Jan-Nov
The two Ukrainian plants of top Russian cement producer Eurocement Group increased cement production by 7.3% YoY to 3.26Mt in the first 11 months of 2007.
Production efficiency drives UltraTech profits up 32 per cent
Aditya Birla Group company UltraTech Cement today posted a 32 per cent rise in net profit at Rs 279 crore for the quarter ended December 31, 2007
Belarus cement output increases 9.3 per cent in 2007
Cement production in Belarus in 2007 totalled 3.8Mt, 9.3 per cent more than in the previous year, according to the Ministry of Statistics and Analysis
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