Foundation of A TEC subsidiary in Mexico
To support its operations in North, Central and South America, A TEC has founded a subsidiary named Austria TEC, SA de CV in Puebla, Mexico.
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PPC to expand Gaborone plant, Botswana
PPC Botswana will invest R6.5m in expanding its Gabarone facilities as demand for cement in Botswana continues to rise.
Indonesia consumption drops to lowest level
Indonesian cement consumption in September fell by 2.4% from September last year, or the sharpest decline in the past nine months.
Thai TPI Polene Q3 net profit down on forex loss
TPI Polene (TPIPL), Thailand’s third largest cement firm, said on Wednesday its third quarter net profit fell 39 per cent due to a foreign exchange loss.
Taiwan Cement, Chia Hsin to merge HK Subsidiaries at end-Oct
Taiwan Cement Corporation recently announced that its subsidiary – Taiwan Cement International will officially merge Chia Hsin Cement Corporation’s subsidiary
Holcim: Capital Group stake falls below 5%
Holcim Ltd the stake held by US investment company Capital Group Cos Inc has fallen to slightly below 5% from around 10%.
Siam Cement Q3 op profit slumps on petchem margins
Siam Cement PCL , Thailand’s biggest industrial conglomerate, reported a 33 per cent fall in third-quarter operating profit
Baltsem launches fifth cement kiln
Balakliya-based Baltsem Company, Kharkiv region, Ukraine has commissioned its fifth cement kiln with a cement capacity of 1Mta.
Cameroon gov’t calls for cancellation of price increase
Cameroonian Trade Minister Luc Magloire Mbarga Atangana on Tuesday demanded that Cameroon’s CIMENCAM,
Leading operators in battle for Sokhna, Egypt
Leading operators are reportedly circling around Egypt’s Sokhna port, which is strategically located at the southern entrance of the Suez Canal
Binani Cement Jul-Sep net at INR478.7m
Binani Cement Ltd has posted a net profit of INR478.7m for the July-September period on a net sales of INR2.14bn.
Madras Cements net rises on better regional prices
Madras Cements Ltd of India posted a 34 per cent rise in its quarterly net profit riding better price realisations in the southern region and beating analysts’ estimate.
Eurocement to increase Ukraine output by 33%
In 2008, Kyiv-based Eurocement Group Ukraine, a subsidiary of Eurocement Group (Moscow), plans to increase cement production by 33.33% – equivalent to
Mexico’s GCC 3Q net profit rises 22.1 per cent
Mexican cement company Grupo Cementos de Chihuahua (GCC) said Tuesday its third-quarter net profit rose 22.1% on robust sales in Mexico and the US.
Shree Cement July-Sept net up 36 per cent, trails forecast
Shree Cement Ltd on Tuesday posted net profit of 1.06 billion rupees for the July-Sept quarter, trailing analysts’ forecast.
CPC may reopen cement merger file again, Cyprus
The Commission for Protection of Competition (CPC) may decide to reopen the cement merger deal between
Ash Grove Cement permitted to burn tyres
The Nebraska Department of Environmental Quality announced that Ash Grove Cement Co has
Attock Cement’s profit falls
The profit after tax of Attock Cement Pakistan Limited declined to Rs 88.048m in the first quarter ended on September 30
Eagle Materials reports record second quarter cement profits
Including its share of the jointly-owned Texas Lehigh Cement, first half turnover at Eagle Materials showed a 15.4% decline in turnover to US$478.7m,
Holcim hikes Ambuja stake to 40 per cent
Holcim, the world’s second largest cement maker, has scaled up its shareholding in Ambuja Cements (ACL) by 3.15 per cent to nearly 40 per cent for Rs 714 crore through open mark...
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