Anhui Conch 3Q net profit down
China’s largest cement maker Anhui Conch Cement Co Ltd said its third quarter net profit fell 9.4 per cent year-on-year to 119.2 mln yuan, with market demand weakened by t...
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Indian cement prices
Indian cement prices are expected to rise this quarter by Rs 5-7 per bag, owing to better demand in both domestic and overseas markets. The average price of cement in India now ...
UltraTech Cement posts profit in Q2
ULTRATECH Cement India has reported a net profit of Rs 8 lakh for the second quarter ended September 30. The company had reported a net loss of Rs 2.29 crore during the correspo...
PM approves construction of Do Luong cement factory
The Vietnamese Prime Minister has approved the construction of Do Luong cement factory in the central Nghe An province with a total capacity of 3Mt of cement a year. The constru...
No cement supply problems in Sarawak
The Domestic Trade and Consumer Affairs Ministry’s enforcement division in Sarawak has not received any complaints of cement shortage, including from developers. Its direc...
Cement output to double in next four years
All Pakistan Cement Manufacturers Association (APCMA)’s Vice Chairman, Babar Bashir told that currently 18Mt of cement was being produced annually. He told that the mounting dem...
Creditors opt to buy TPI Polene stake
Creditors of Thai Petrochemical Industry Plc (TPI) have decided to acquire the 249-million share block of cement producer TPI Polene Plc for 41.20 baht per share after receiving...
Weak construction sector hits South Korean cement
South Korea’s cement industry remains in the dumps as the government’s anti-speculation measures have led to a drastic contraction in construction business, industry...
Saurashtra Cement announces resignation of director
The Bombay Stock Exchange Limited (BSE) has announced that Saurashtra Cement Ltd., has informed BSE that Mr. Stephen Potter, nominee director of Industrialization Fund for
Ube to use more waste plastics as fuel
Ube Industries Ltd, Japan, is preparing to procure more waste plastics which can be recycled into fuel for cement kilns, by expanding the plastic-crushing facilities at its ceme...
Cement truck drivers strike
Nearly 2000 South Korean cement truck drivers staged a partial walkout Friday to demand government subsidies and better job security. Experts said the one-day walkout will have...
Askale Cimento buys Trabzon cement
Askale Cimento placed the highest bid of US$81.25m in the tender held bythe SDIF (Saving Deposit Insurance Fund) for the sale of Trabzon cement plant, previously owned by the Uz...
Chia Hsin Cement Jan-Sept net falls
Chia Hsin Cement Greater China Holding Corp said its net profit for the nine months to September fell 96.5 pct to US$457,000 year-on-year, even though its turnover rose 4.6 pct ...
Siam’s cement business outlook
Analysts estimate that Siam Cement’s sales volume will grow 8% on year to 2.69Mt thanks to more construction works in the domestic market, despite the rainy season in the third ...
SG suggests a sell on Lafarge
Brokerage SG said on Friday it had reduced its rating on Lafarge , the world’s largest cement producer, to "sell" from "hold", partly due to rising costs at the company. S...
Iran’s cement market will stabilise
A senior cement industry official expressed hope that the cement market will return to normal following plans to establish new mills and the much-anticipated decline in demand w...
Cemex’s Third Quarter 2005 sales increase
Cemex has just announced that consolidated net sales in the third quarter of 2005 grew 110 per cent to US$4.3bn compared to the same quarter of 2004. This increase is primarily ...
Lafarge leads a further British price increase
Market leader Lafarge has announced a price increase of 6.5 per cent for bulk cement in Great Britain from the 1st of January 2006. This would come into effect only nine months...
Peru cement sales up in Sept 2005
Peruvian domestic cement sales increased to 389,416t in September 2005, up 11.6 per cent year-on-year, the Peruvian Association of Cement Producers (Asocem) reported on October ...
Cimsa opts for capital increase
Cimsa announced that its subsidiary Ercim Cimento, based in northern Cyprus, decided to increase its capital to TRY 1.4m from the previous TRY 7,000.
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