Cement shares fall as gas squeeze hurts RAK CEment
Cement shares in the United Arab Emirates and Oman fell after second-quarter profit at Ras Al Khaimah Cement Co. plunged as a shortage of gas supplies forced it to use more exp...
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Shree Cement April-June net profit up 29 per cent
India’s Shree Cement Ltd. on Thursday posted a 29 per cent rise in April-June net profit on improved price realisation and sales, beating analyst expectations.
Cemex 2Q net profit rises six per cent
Cemex said Thursday its net profit rose 6% year-on-year in the second quarter, with sales increasing in all regions around the world where the company operates except for the U.S.
Brazil: Holcim considers cement expansion
With an eye in the heated civil construction market Holcim is planning to add capacity either setting up its fifth cement plant or expanding existing units.
Zanjan opens first cement factory, Iran
Iran’s Social Security and Welfare Minister has inaugurated the first cement factory in Zanjan province located 60km from its capital.
Strike at Lafarge’s Sichuan cement plant ends; aimed at former proprietes - CEO
Production has resumed at Lafarge Shui On Cement Ltd plant in Sichuan province after a strike which lasted more than two weeks was aimed at the former proprieters
MSP group plans cement unit in north-east
MSP group is planning to set up a 1Mt cement unit in north-east India, according to its director Saket Agrawal.
Albania gives Titan go-ahead for plant construction
Albania’s government said on Wednesday it has given the green light to Titan for the construction of a cement plant worth some EUR250m.
Bids for HeidelbergCement’s Maxit value unit At EUR2bn
HeidelbergCement AG has received bids for the auction of its Maxit unit that value the unit around EUR2bn,
Peru’s Cementos Lima 2Q net rises
Cementos Lima SA posted second-quarter net income of 50 million soles ($15.8 million), up from PEN29.4m in the same quarter last year, the company said Wednesday.
Semen Gresik Seeks Shareholders’ Approval on Bonds
PT Semen Gresik Tbk has planned to arrange extraordinary general meeting of shareholders (EGMS) at the end of September to ask for approval to issue some bonds.
Goldsun wins management right for second storage centre at Taipei Harbour
Goldsun Development & Construction Co., one of Taiwan’s leading construction firms
India’s ACC says Q2 net profit falls 14 per cent
ACC Ltd, India’s second-largest cement producer, on Thursday reported a 14 per cent fall in the June quarter
Athi River Mining profits jump 63 per cent, Kenya
A significant reduction in manufacturing costs has seen Athi River Mining record a 63 per cent increase in its profits before tax to Sh285 million for the half-year period ended...
Cement output in Morocco rises by 18.5% in first two quarters
Production in Morocco’s cement industry increased by 18.5% in the first half of 2007, compared to a 10.4% growth in the same period during 2006
Croatian Dalmacijacement Appoints New CEO
Trpimir Renic, 36, has been appointed chief executive officer (CEO) of
Zambia not to waive duty on imported cement
Zambia has no intention to waive duty on imported cement because the emphasis for the economy is to enhance production of the commodity locally, a government minister has said.
Official confirms start of talks with international cement firms, Honduras
The Honduras government has started talks with international firms interested in competing in its cement market
Birla Corp plans cement expansion
Birla Corporation Limited, the flagship company of the MP Birla group, is planning to expand its cement manufacturing capacity by setting up greenfield units
Vietnam: cement production- supply will exceed demand
In the face of the increasing number of cement plants being built throughout the country, supply will be 8Mt higher than demand by 2010 and there will be 8Mt of surplus cement b...
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