Philippines Cement sales down by 2%
The Philippine cement industry became slightly weaker in 2006, with sales declining by nearly 2%, the Cement Manufacturers Association of the Philippines said.
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Siam Cement plans THB15bn bonds in March
Siam Cement PCL, Thailand’s biggest industrial conglomerate, said on Wednesday it planned to sell up to THB15bn (US$429m) of 4-year bonds in March.
Indian cement prices may not fall following abolition of customs duty
The Indian government’s decision to abolish the custom duty on Portland cement is unlikely to bring down the prices of the commodity in the domestic market.
Cemex Joins SMEs Social Responsability Programme
Cemex has joined the programme for corporate social responsibility in small and medium-sized enterprises (SMEs).
FLS sells marine and turbo gear business in Switzerland
MAAG Gear AG, FLSmidth’s Swiss subsidiary, has today agreed to sell its marine and turbo gear activities to Renk AG, which is part of the MAN Group.
Turkish Unye Cimento Plans $27.5m investments for 2007
Turkish cement company Unye Cimento, part of Oyak Group, said it will allocate TRY39m ($27.5m) for investments in 2007
UAE National Cement Co 2006 net profit down
The UAE Dubai-based National Cement Company (NCC) reported a net profit of AED222.6m (US$60.6m) in 2006, down from AED254.5m in 2005
West China Cement to commission milling capacity at Lantian ahead of schedule
West China Cement Ltd said it will commission milling capacity at its new production site in Lantian, central northwestern China, slightly ahead of schedule in February, allowin...
Vietnam cement prices likely to climb this year
Domestic cement prices in Vietnam are likely to increase by roughly VND20,000 to VND30,000 per tonne this year due to the hike of power and coal prices,
PPC says Q1 cement demand up 8.3%
Pretoria Portland Cement (PPC) has said the positive outlook in South Africa continues as evidenced by regional cement demand growth of 8.3 per cent in the first quarter of this...
Mangalam Cement sees high YoY, QoQ realisations
Mangalam Cement has declared its first quarter results. The company’s Q1 net profit is up at
Rise in cement price satisfies “only… government", Mauritius
At the end of the day, no one is really happy with the latest cabinet decision on the increase in the price of cement, according to local Mauritian news reports.
Rinker Acquires Leading Construction Materials producer in Oregon
Rinker Group Limited has expanded the group’s operations in the US Pacific north-west, with the acquisition of one of the leading construction materials producers in Sale...
India’s Grasim Q3 profit soars, beats forecast
Grasim Industries Ltd said its quarterly net profit more than doubled on higher sales, beating market expectations
Capital markets board approves tender call exemption for Akcansa shares
The cement manufacturer Akcansa Cimento announced that the Capital Markets Boards has approved HeidelbergCement Mediterranean Basin Holdings’ application for an exemption from l...
Peru Cement Output Rise 13 per cent YoY 2006
Peru’s cement output rose 13 per cent to 5.68Mt in 2006, the country’s Association of Cement Companies (Asocem) said.
Cement industry to expand four per cent in 2007
Mexico’s cement industry is to expand just four per cent in 2007. One of the main reasons that prevent a bigger dynamics is the lack of great infrastructure works, representativ...
Laos first time exports cement to Cambodia
A Lao cement factory in the province of Savanakhet for the first time exported cement to Cambodia , paving the way for the factory to expand its consuming markets.
Germany lays foundations for revival in construction
The Continental European construction sector rose 34% in 2006 driven by positive organic growth. Despite the hindrance of high energy costs, companies generally had good pricing...
India Cements 9-month net up
With unabating buoyancy in cement demand, India Cements stayed itself firmly in the high profit zone. It posted a record net profit of Rs 79.78 crore in the third quarter ending...
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