Readymix H1 pretax profit halved, hurt by tighter trading conditions
Irish cement maker Readymix PLC today blamed the sharp fall in first-half profits on tighter trading conditions across all of its markets.
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Shiva Cement to allot shares to IFCI
Shiva Cement Ltd on Wednesday said it will allot 10 lakh equity shares to IFCI Ltd on preferential basis.
Carpatcement H107 sales up 40 per cent YoY
Romanian Carpatcement Holding, a unit of HeidelbergCement, said its cement sales rose 40 per cent YoY in the first half of 2007, on strong growth of the local construction sector.
Gresik set to maintain lead in domestic sales
State-owned cement producer PT Semen Gresik said it is set to maintain its lead in domestic sales now with a market share of 46 per cent.
1 Hoa Phat secures loan for Ha Nam cement plant
The Viet Nam Development Bank (VDB) has decided to give VND810bn in credits to the Hoa Phat Cement Company for the construction of a new cement plant in northern Ha Nam province.
India’s Ambuja Cements says flood shuts plants
Ambuja Cements Ltd. , India’s third-largest cement maker, said on Thursday it had stopped operations at its plants in western Gujarat
Akcansa sees cement consumption slowing
Leading Turkish cement producer Akcansa expects rapid growth in domestic consumption to come to a halt this year and plans to expand abroad, the company’s general manager ...
FLSmidth signs contract for greenfield cement plant in Syria
FLSmidth has won a contract worth approximately approximately EUR110m to supply machinery and equipment for a new 7500tpd production line to Syrian Cement Company
Hydra buys 20% stake in Ras Al Khaimah Cement
Real estate developer Hydra Properties has diversified into the building materials industry after acquiring a 20 per cent share of Ras Al Khaimah Cement Company.
QCX/RoboLab sales stay buoyant
Significant orders for QCX/RoboLab in the first half of 2007
Misr Cement Qena says H1 net up 23 per cent
Egyptian cement company Misr Cement Qena made a net profit of E£147.8m (US$26.2m) in the first half of 2007,
Oman Cement Q2 net falls 14 per cent
Oman Cement Co. posted a second quarter net profit of OMR4.15m ($10.78m), down 13.7 per cent from a year earlier as production fell partly due to disruption caused by Cyclone Gonu.
Republic Cement says price hike unlikely
Listed Republic Cement Corp. yesterday said it was unlikely to increase prices this year even with low demand.
Solution sought to cement price hike, Ghana
The Minister of State at the Ministry of Water Resources, Works and Housing, Hon. Cecilia Abena Dapaah is to meet with officials of the Ministry of Trade
Binani in the fray for cement JV with Nalco
Binani Cement Ltd (BCL) has submitted an expression of interest (EoI) for a joint venture with National Aluminium Company Ltd (Nalco).
Another call to address cement woe, Sabah, Malaysia
The Sabah Housing and Real Estate Developers Association (Shareda) has again urged the State Government to explore the viability of setting up a second cement plant in Sandakan.
EU approves acquisition of Hanson by HeidelbergCement
The European Commission on Tuesday approved the acquisition of British company Hanson by German cement producer HeidelbergCement.
Holcim investigates logistics and shipping
Holcim New Zealand, as part of its work on cement supply options, is investigating the logistics of transporting and storing cement in the safest and most efficient way.
Binani Cement to invest US$100m in China plant
Binani Cement Ltd plans to invest US$100m more into the Chinese cement company Shandong Rong’an Group, in which it bought a 49% stake for US$110m earlier in July
Cement Exports through Shandong Port drop slightly in 1H07
The cement export volume through Shandong Port was 6.001Mt in the first half of 2007, with export value at US$190m, d
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