Cement industry news

01 Feb 2007 International

Mordovcement starts constructing new cement plant

Mordovcement (Komsomolskiy, the republic of Mordovia) has started constructing a new RUR10bln cement plant.

01 Feb 2007 Corporate

India ACC Oct-Dec net doubles, beats f’cast

ACC Ltd, India’s second-biggest cement maker, said on Thursday quarterly profit more than doubled on higher prices and strong demand, beating expectations.

31 Jan 2007 International

Cement supplied by STC until further notice, Mauritius

The cement crisis is starting to look like the iron bar crisis of a few week ago. Local suppliers have not placed any order for this year on the global market

31 Jan 2007 International

Cement unions want cos to share profits with workers, India

Cement workers’ unions have approached the national Cement Manufacturers’ Association with a demand for profit-sharing by the units with their workmen i

31 Jan 2007 International

Cement price upped in the dark, Fiji

The Commerce Commission’s approval of a 3 per cent increase in the price of bagged and bulk cement in December has left consumers in dark, says the Consumer Council of Fiji.

31 Jan 2007 International

Azerbaijan production exceeds 1.5Mt

Azerbaijan produced 1.554Mt of cement in 2006, with a 0.1% increase from 2005. It has been the highest indicator in Azerbaijan’s cement production history.

31 Jan 2007 Corporate

Lafarge Malayan Cement plans capital return

Lafarge Malayan Cement Bhd is planning a capital repayment of up to RM566.5m to its shareholders, the firm said yesterday.

31 Jan 2007 Corporate

J&K Cement Q3 net jumps more than six fold

Kanpur-based J&K Cement Ltd today reported a more than six fold jump in its net profit at

31 Jan 2007 International

Bright 2007 prospects for European cement sector

Analyst Imran Akram of Deutsche Bank says that the 2007 prospects for the European cement sector are bright, with a 6%-10% price hike anticipated in Western Europe.

31 Jan 2007 Corporate

Margins improve at Rinker

For the nine months to the end of December, Rinker Group has produced a turnover 9.4% higher at US 4,151m, with the EBITDA advancing by11.7% to US$1,084.2m.

30 Jan 2007 International

Cement prices rise due to improved demand-supply management

Pakistan cement prices, after remaining on the lower side during most of the winter season due to lower demand and higher supply conditions, finally regained an upward trend las...

30 Jan 2007 International

No more cheap coal for cement industry?

India’s coal ministry is working towards a “February-end” deadline to finalise a policy which may phase out cheap coal availability to the aluminium, cement and steel indu...

30 Jan 2007 International

Ghacem wants level playing field

Ghacem Ltd has reiterated its call on Government to ensure a level and fair playing field for all manufacturers and marketing entities in the sector.

30 Jan 2007 Corporate

Cemex Quarterly income rises, sales gain

Cemex said net income rose 64% in the fourth-quarter to $416.7m from $253.4m in the prior year as the company benefited from increased sales in most of its markets.

30 Jan 2007 International

China’s Jidong Cement to invest CNY1.53bn in capacity expansion

Tangshan Jidong Cement Co Ltd, the Chinese partner of HeidelbergCement AG, said its board of directors has approved a plan to invest CNY1.53bn to expand production capacity by ...

30 Jan 2007 Environmental

Holcim images show cement plant’s height

Three images of the proposed Holcim cement plant near Weston, released by Holcim (New Zealand) Ltd, have come under immediate fire from a group opposing the development.

30 Jan 2007 Corporate

TPI Polene TPIPL 4Q06 net profit up 86.4% YoY but down 31.5% QoQ

TPI Polene’s 4Q06 results were in line with the market consensus but higher than expected due to extra gains on foreign exchange of Bt342m

30 Jan 2007 International

Rinker still rejects takeover bid from Cemex

Rinker Group Ltd is still urging shareholders to reject a US$12bn ($A15.6bn) hostile takeover bid from Cemex, and says it is reviewing alternatives.

29 Jan 2007 Environmental

Lafarge wins bid with Nova Scotia supplier to burn tires at cement plants

Lafarge Canada Inc. has reached an agreement with Nova Scotia’s Resource Recovery Fund Board for a supply of tires that would be burned at its cement plant in nearby Brook...

29 Jan 2007 International

Cement prices add to realty overheating

NEW DELHI: Speculation and demand & supply gaps are sending real estate prices spiralling upwards. But prices of cement too are adding to the boom.