Shree Cement net up 70 per cent
Shree Cement reported a 70 per cent increase in its net profits for the quarter ended December 31, 2005, at Rs 27.95 crore from Rs 16.49 crore in the same period last year.
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Holcim Romania investments
Holcim Romania projects Euro 160m worth of investment until 2008, the Ziarul Financiar newspaper reports on Tuesday. The upgrading of technologies and environment protection a...
Tabuk Cement signs 500,000t contract
Saudi cement producer Tabuk Cement Company (TCC) has recently signed a contract to sell some 500,000t of its 2006 output, the company’s board chairman, Salih al-Shatri, sa...
Siam City’s 4Q-05 earnings disappoint
As rising energy costs pressured the profitability of cement producers in 2005, Siam City Cement (SCCC) raised its selling price by around 6.5 per cent to be Bt1650 per tonne in...
Siam Cement Group prepares for change
This year will be another milestone for SCC as members of the existing top management transfer control to a new generation of executives, the Bangkok Post reports. Six top exe...
Holcim Indonesia to raise cement output
Holcim Indonesia, (formerly Semen Cibinong) plans to raise its cement output to 7.9Mt this year from 7.7Mt last year, the Jakarta Post reported, citing company president Timothy...
Kenya planning to force Lafarge to downsize
A major battle is reportedly looming between French investor Lafarge and the Kenya government as it emerges that the latter plans to force the cement conglomerate to sell part o...
Less dust, fewer jobs as Essroc keeps word
As promised years ago, four outdated kilns at Essroc Cement Corp.’s Plant III on West Prospect Street stopped spinning last month.
Yanbu Cement boosts annual capacity, Saudi Arabia
Saudi cement producer Yanbu Cement Company (YCC) has raise its annual capacity to 4.8Mt from 3.6Mt, the company said.
Growth on cement market continues to slow, Hungary
Hungary’s cement market continued to slow in 2005, for the second year in a row, according to Hungarian press.
TCC aims for No.3 spot, China
The year 2008 would be a guidepost year for the Taiwan Cement Corp (TCC) as a development pillars of fast growth, said Leslie Koo, chairman of Taiwan Cement Group.
FCC unit to invest US$180m on US plant
Cementos Portland Valderrivas said it plans to invest – US$180m to upgrade its cement plant at Bath in the state of Pennsylvania. The unit of construction group Fomento de
Chinese firm seeks to build mini cement plant in W Sumatra, Indonesia
Kenyon T & D Company of China has expressed interest in building a number of mini cement plants in the Indonesian province of West Sumatra with an annual capacity of 25,000t each.
Vietnam’s cement sector to turn out 32.5Mt of cement
The cement sector is projected to turn out 32.5Mt of cement this year, a 13.1 per cent YoY rise.
Cement sales rise 10.64 YoY, Peru
Peru’s overall cement sales rose 10.64% in 2005 to 5Mt from the 4.5Mt sold in 2004, as the economy continued to expand, the National Association of Cement Producers (Asoce...
Akmenes lifts 2005 sales to EUR35m, Lithuania
Akmenes Cementas, Lithuania’s only cement manufacturer, posted sales of LTL119.823m (EUR34.7m) for 2005, up 14 per cent from LTL105.505m in 2004. In December, however, sal...
Dry mortar continues to gain share in Britain
Though behind a number of Continental markets, where the cement groups push the product, in terms of product acceptance, the British dry mortar market continues to expand
Cement cos record 10.2% growth, India
Cement consumption in India recorded a healthy 10.2 per cent growth during April-November 2005, as sustained demand led to higher utilisation rates, but higher energy costs
Holcim Cement posts robust growth, Vietnam
Holcim Cement Company recently reported it produced 2.7Mt of cement last year, an increase of 17 per cent over 2004.
Spinnaker to acquire 45.23% in Sanghi Industries, India
The British Virgin Islands-based investment fund Spinnaker Global Opportunity Fund Ltd along with two other Spinnaker funds has decided to make an open offer to the
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