India Cements plant in Himachal delayed by six months
The Chennai-based India Cements Ltd proposed plant in Himachal Pradesh has been delayed by at least six months as costs have gone up
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Indonesia’s Gresik passes profit target
PT Semen Gresik Tbk has said that the company’s 2006 net profit increased by 30% from IDR1.02 trillion in 2005 to IDR1.32 trillion, compared with the target of IDR1.12 tri...
PPC won’t profit from imports, South Africa
Cement producer PPC says it is not going to profit from imported cement that the company has had to bring into South Africa to meet growing cement demand in the construction ind...
Lafarge Shui On Cement inaugurates a new production line, China
Lafarge Shui On Cement announces today the inauguration of a new production line at the Dujiangyan cement plant in Sichuan province in south-west China. Representing a total inv...
Coal price hikes to impact cement makers more than steelmakers
Analysts at UBS say that a potential increase in coal prices in 2007 is likely to have a more severe impact on cement makers than on steelmaker
Customs duty on dumpers’ import cut, Pakistan
In order to provide efficient means of transport to the cement industry, the CBR has reduced the import duty on off-highway dump trucks from 30% to 5% and cement semi-trailers f...
Cement demand expected to boom
Vietnam will need about US$3.4bn worth of cement between now and 2010 to meet burgeoning demand, the Ministry of Construction said yesterday.
Prism Cement jumps on profit surge
Prism Cement recorded nearly 10 per cent gain to close at Rs 41.60, following the announcement of a fifteen-fold jump in December quarter profits.
Brazilian cement sales seen rising by 10 per cent in 2007
The Brazilian cement segment, one of the thermometers of the civil construction sector, expects a 10% rise in sales in 2007 compared to 2006,
Italcementi project in Bulgaria secures govt backing
The Bulgarian government will issue a First Class Investor certificate to Italy’s Italcementi for its EUR185m Devnya cement mill project.
Extra items expected to drag down 4Q06 earnings
When Siam Cement (SCC) announces its 4Q06 earnings on Jan 24, the company’s results will be disappointing with a 22% QoQ drop in net profit to Bt5,918m.
Resource consent process outlined, New Zealand
Holcim (New Zealand) Ltd has outlined the resource management process for its proposed cement plant at Weston.
Indonesia’s December cement sales up 12.3 per cent YoY
Indonesia’s domestic cement consumption rose 12.3 per cent in December from a year ago, resulting in a small rise for 2006 despite
TPI Polene sees higher 2007 net profit
TPI Polene , Thailand’s third largest cement firm, said on Thursday it expected growth in net profit this year, despite analyst forecasts of a fall, due to lower energy co...
Good year for Chinese cement
China’s cement industry has made some notable gains. By the end of November, 2006, the national cement output reached 1.097bn tons, increasing by 19.7 per cent on 2005. It...
Indian cement makers’ profit seen soaring
Indian cement companies should report robust quarterly earnings growth helped by higher prices and strong demand, a trend expected to continue in coming months on rising investm...
New orders for Koeppern
India Cements Limited operates a dry process plant at Chilamkur. As a part of its expansion program, India Cements was considered enhancing its raw meal grinding capacity
Spot activity dominates lower size dry bulk tonn age
In the light of what happened last year and of the predictions coming from both the supply and the demand side, charterers seem to be in the market to secure tonnage for mid and...
Readymix predicts 28 per cent profit surge
Profits at cement group, Readymix, are expected to surge by 28 per cent for 2006, the company said this morning in a trading update to the Irish Stock Exchange.
PCLA Cement Maker Wants to Withdraw its Shares from Public Trading
Cement producer Povazska Cementaren a.s. Ladce (PCLA) decided is withdrawing its shares from the Bratislava Stock Exchange (BCPB)
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