Can Tho cement plant to increase capacity
The Vietnamese Ha Tien 2-Can Tho cement plant in the southern city of Can Tho will expand capacity to 800,000tpa at a cost of US$1.5m in order to meet increasing regional demand.
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Indonesia’s cement sales up
Indonesian cement sales rose two per cent on-year to 32.33Mt in the first 10 months of this year, the cement association (ASI) said. Sales in the domestic market totaled 26.8Mt...
Cimpor sees strong improvement in Egypt
In the first nine months of the year, Cimpor improved its turnover by 11.8 per cent to €1158.0m, with operating margins across the group improving slightly as the operating prof...
Italcementi to make investments in Turkey
Carlo Pesenti, the CEO of Italcementi Group which is the world’s fifth biggest cement producer, said on Tuesday that their group intends to make new investments in Turkey....
Saudi El-Maimani Group plans US$200m cement plant in Egyptian Safaga
Saudi Arabia’s diversified El-Maimani Group plans to build a cement plant in Egypt’s Red Sea port of Safaga for an estimated $200m. The bulk of the plant’s out...
Saudi Yamama cement launches new cement mill
Saudi cement producer Yamama Cement Company (YCC) said on November 19, 2005 it had put into operation an additional cement mill. The new cement mill has a daily capacity of 6,00...
CAF approves US$400mn loan to Votorantim
The Andean Development Corporation (CAF) has approved a long-term corporate loan of US$400mn to Brazilian industrial group Votorantim, the multilateral financing organization sa...
Russian court upholds antitrust body’s ruling to fine Eurocement
Moscow Arbitration Court has upheld the ruling of Russia’s Federal Antimonopoly Service, or FAS, to fine Russian cement producer Eurocement Group 50,000 rubles, FAS said in a st...
Wage bills, power costs, shake up cement manufacturers
Operating profit margins (OPM) of cement units in India have taken a hit with rising energy costs and wage bills. Increase in the sales volumes and realisations during the July-...
Kryvyi Rih Cement To Absorb Dniprotsement
One of the five biggest producers of cement, the Kryvyi Rih Cement company (Dnipropetrovsk region), intends to incorporate the Dniprotsement company (Dniprodzerzhynsk, Dnipropet...
Semen Cibinong plans debt buyback program of up to US$20m
Cement maker PT Semen Cibinong said it is allocating some 10 mln usd from its internal cash flow, with an option to raise the figure to 20 mln usd, for a debt buyback program. C...
Cimpor Jan-Sept 2005 net profit seen at EUR193m
Cimpor - Cimentos de Portugal is expected to post a January to September 2005 net profit of EUR 193m (US$226.3m), according to estimates from local investment bank Banco Portugu...
Postcard from Bermuda
Shadow Minister for Works and Engineering Patricia Gordon-Pamplin has questioned the wisdom of bringing in the foreign company Cemex to run the Island’s main cement supply compa...
China Longkou cement exports rise
Cement exports through the customs of the eastern Chinese port of Longkou, Shandong province, stood at 826,000t in the period January to mid-November 2005, up 176 per cent year-...
Brazil’s mixed signals
According to the data released by the National Cement Industry Union (SNIC), the production of cement was of 3.18Mt in September, a decline of 5.3 per cent in relation to August...
Pacasmayo net profits up
The net profits of Peruvian cement company Pacasmayo rose 12.8 per cent year-on-year in 3Q05 to US$6.11m because of higher sales volumes and cuts in costs, according to a report...
Exchange Rate Losses of Indocement falling
PT Indocement Tunggal Prakarsa Tbk predicted that the exchange rate loss of the company will decrease this year as the company has hedge some US$150m of its debt, while the exch...
Algerian domestic cement capacity
President of the Board of Directors of the Participations Management Company (SGP) Abdelhamid Thamri has assured that the domestic cement capacity is sufficient to meet demand. ...
Kyrgyz plans new plant
President of the Kyrgyz Republic, Kurmanbek Bakiev, has made the first quarter of 2006 as the date to begin construction work on the building the cement factory in Kysylkia dist...
Apave Vietnam to construct cement plant
An industry ministry-owned company has retained Apave Vietnam to manage construction of a cement plant in the country’s northern mountainous region. Following a contract ...
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