Egypt’s Misr Cement Qena Q1 net profit up nine per cent
Egypt’s Misr Cement Qena reported a nine per cent rise in net profit in the three months to the end of March, the stock exchange said on Wednesday.
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Siam City Cement 1Q07 earnings beat expectations
SCCC reported a 1Q07 net profit of Bt1.1bn, up 0.2% YoY and 64.3% QoQ. The surge QoQ was attributable to the rise in sales volume in the domestic and export markets.
China’s Anhui Conch 2007 profit seen at CNY2.3bn
Anhui Conch Cement Co Ltd is expected to post a net profit of about 2.3 bln yuan this year following strong results in the first quarter to March and firmer cement prices, Deuts...
Holcim (Philippines) Q1 net profit PHP475.9m
Holcim (Philippines) Inc’s first quarter net profit jumped 174 per cent YoY to PHP475.9m, driven by higher sales.
China’s Cement Exports Drop in Q1
According to news released by the Chinese Development and Reform Commission on May 8th, China’s export tax rebate policy met early success.
UOKiK penalises cement price cartel, Poland
Cementownia Ozarow has been ordered to pay a fine of PLN 2m (EUR530,000) for withholding information and obstructing the inspection process, the Office for Competition and Consu...
Pakistan’s Lucky Cement plans shipments to India
Lucky Cement, Pakistan’s biggest maker of building material plans to ship 200,000t of cement to India in the next 12 months to take advantage of a supply shortage in South Asia’...
Kieran McGowan succeeds Pat Molloy as Chairman of CRH
On 22 February 2007, the Board of CRH plc announced the planned retirement of its Chairman Mr. Pat Molloy following the May 2007 Annual General Meeting of the Company, and the a...
South Africa cement sales strong
South African cement sales accelerated to a 17.8% YoY increase in April to 1.098Mt despite the disruption caused by many public holidays in the month after rising by 15.8% YoY i...
Carib Cement seeks tax credit to burn used tyres
Caribbean Cement Company (CCL) has proposed that it be granted a tax credit as quid pro quo for using its kiln to rid the country of used tyres, a move that the firm says will s...
TNPL setting up mini cement plant
Tamil Nadu Newsprint and Papers Ltd of India plans to set up a mini cement plant using the waste products generated from its paper mill as a raw material.
Building boom in Gujarat boosts cement consumption
An unprecedented construction boom in Gujarat is expected to propel cement consumption to touch at least 14Mt in 2007-08 from current 12.5Mta.
Anhui Conch eyes lift from acquisitions
Shares of Anhui Conch Cement, the mainland’s largest maker of the building material, surged 12.79 per cent yesterday after it said its recently approved acquisitions would...
Conditions ripe for large-scale reshuffle of China’s cement industry
The conditions for large-scale strategic restructuring are ripe for China’s cement industry, while a number of big enterprises will grow strong in this process, according ...
Steppe Cement FY Pretax Profit $21m
2006 saw Steppe Cement’s sales volumes increase by 4% and selling prices by 11% in Tenge over the previous year. Gross profit grew 11% for the operating company, CAC (Central As...
Govt not interested in Cemex plant construction
Honduras’ government is not presently interested in the possibility of Mexican cement company Cemex building a plant in the C
Italcementi’s Medcem JV acquires 20 per cent in shipping firm Sider Navi
Italcementi SpA said its Medcem venture with the Romeo group has acquired a 20 per cent stake in shipping company Sider Navi, in a deal which gives Medcem a say in possible purc...
Pretoria Portland Cement Company interim results
South Africa’s Pretoria Portland Cement (PPC) reported domestic cement demand continued to grow at double digit levels and is evidence of the strong growth in the South African...
China’s output of cement in March 2007
China produced 93,086,000t of cement in March 2007
CeMAP argues against cut in tariffs on imported cement
Philippine cement manufacturers, backed by the Bureau of Customs (BoC), yesterday argued to the Tariff Commission that imported cement is undervalued and is hurting the local in...
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