Romanian Lafarge Agregate Betoane
Lafarge Agregate Betoane, a Romanian limestone quarry, said on Monday it swung to 34.8 billion old lei ($1.21m) net loss in the first half of 2005, from a net profit of 12.06 bi...
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Mexico Ara, Cemex announce joint project
The third largest Mexican home construction company Consorcio Ara and Mexico’s largest cement producer Cementos Mexicanos (Cemex) announced a joint construction project, i...
CRH 1H Pretax profits soar
CRH reported Tuesday a pretax profit of Euro383m for the six months ended June 30, up 20 per cent from Euro 319 million in the same period a year ago. The result came in above ...
Japanese cement shipments down
Japan cement shipments totalled 5.66Mt in July 2005, down 2.9 per cent year-on-year, the Japan Cement Association said on August 29, 2005. The figure marked a year-on-year decr...
H+H hit by weaker British volumes
H+H International, Europe’s second largest producer of aerated concrete, was its first half EBITDA drop by 24.3 per cent to DKr116.8m (€15.7m) on a turnover 5.6 per cent lower a...
Pakistani producers oppose duty free imports
The All Pakistan Cement Manufacturers Association has opposed duty-free import of cement and said it would strongly hurt the domestic cement industry which has barely come out o...
Indian cement prices expected higher
Indian Cement prices are expected to rise sharply in the near future say local analysts. After a good spell of monsoons across the country and increased emphasis on infrastructu...
Indonesia’s Semen Cibinong H1 net loss narrows
Cement maker PT Semen Cibinong posted a narrower net loss of 217.59 bln rupiah in the first half to June against a loss of 509.48 bln a year ago, mainly due to a fall in foreign...
Croatian Dalmacijacement H1 Net Profit Down
Croatian cement maker Dalmacijacement-RMC Group, now owned by Mexico’s Cemex, said on Monday its net profit fell by 4.9 per cent on the year to 58.6 million kuna (US$9.8m)...
US, Mexico said to be near anti-dumping resolution
Mexico and the United States could be on the verge of resolving a 15-year dispute over Washington’s antidumping duties on Mexican cement, amid growing political pressure i...
Pretoria Portland Cement to expand
PPC announces R1.36 billion Batsweledi cement capacity expansion project.The board of the company has approved the investment of R1.36bn to increase the company"s inland cement ...
Senate to release findings on cement competition
A sub-commission named by Colombia’s senate to investigate claims that cement giants Cemex, Holcim and Argos are restricting competition in the domestic market is set to p...
Taiwan’s Asia Cement to invest more in China
Asia Cement Corp (1102.TW) said its board has decided to invest a combined US$3.3m in a cement firm in Chengdu, central China, through two investment arms. Separately, a
Arabian Cement H1 down
Saudi cement producer Arabian Cement Company (ACC) posted a net profit of 165.9 mln Saudi riyals (US$44.2m) for the first half of 2005, down 13.6 per cent year-on-year. The
Moctezuma wins cement market
As a result of the expansion of the installed production capacity in the north of Mexico, Corporació Moctezuma raised its market share in the cement industry in the last two yea...
Axa cuts stake in Germany’s HeidelbergCement
French insurer Axa has cut its stake in HeidelbergCement , the German cement maker said in a newspaper notice on Friday. HeidelbergCement said Axa notified it that it had redu...
Titan advances despite weaker Greek market
Turnover in the first half rose by 12.2 per cent to €612.9m, which amounts to a 14.7 per cent increase at constant currencies. The operating profit at the EBITDA level advanced...
North America leads profit improvement at Holcim
Holcim’s turnover in the first half of the year rose by 24.6 per cent to SwFr.7,870m (€5,077m) and the operating profit at the EBITDA level improved by 18.4 per cent to Sw...
UltraTech Cement opts for captive power plants
Ultratech Cement Ltd has earmarked Rs 600 crore for installation of captive power plants, chiefly a 92-megawatt lignite-based plant at Gujarat Cement Works, which will be commis...
South fuels cement boom
It is the southern states of India that are fuelling the sharp improvement in the fortunes of the cement industry in the first five months of the current fiscal. The southern re...
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