Hanson’s Californian cement price 19% higher
Hanson increased total turnover in the first half by 8.7% to UK£1,893.8m, while the trading profit before gains on disposals and impairment charges rose by 28.4% to £196.0m. Aft...
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Kuwait Cement Co doubles net profit
The net profit of the Kuwait Cement Company doubled to KWD14.21m (US$48.7m) in the first half of 2005 from KWD7.12m (US$24.4m) in the same period of 2004, the Kuwait Stock
Downward trend still prevalent
As it had been widely expected, the currency changes operated by China have not provoked any shock on the shipping markets and they strongly refuted this week to have plans to m...
Martin Marietta boosts volumes and prices
Martin Marietta, the second largest US aggregates supplier, increased first half turnover by 16.9 per cent to US$938.3m, with the EBITDA advancing by 29.3 per cent to US$184.2m....
USG to build its largest production line
United States Gypsum Company, the domestic plasterboard arm of USG Corporation, is to build what it claims to be the world’s largest plasterboard production line on a 186 ...
Ministry sees steady rise in prices of production materials in H2, China
China will continue to see a steady increase in prices of production materials during the second half of the year, though prices of some items will fall from the current high le...
Cement Corporation to push up plant construction, Vietnam
The Vietnam Cement Corporation (VNCC) has just required its affiliates to take measures to accelerate construction of cement projects which are being materialised.
Eagle Materials Inc reports record 1Q results, USA
For the quarter ended June 30, 2005, revenues and net earnings were US$205m and US$35m, respectively. Revenues increased 36 per cent over the prior year first quarter and net ea...
Sharjah Cement H105 net profit up 134% YoY, UAE
UAE cement producer Sharjah Cement and Industrial Development Company posted a net profit of AED151.3m (US$41.2m) for the first half of 2005, registering a 134% YoY increase.
Semen Padang sales up 5.92 per cent , Indonesia
State-owned cement producer PT Semen Padang’s sales in this year’s first quarter reached 2.43Mt, or 5.92 per cent higher than the target of 2.3Mt. While the first ha...
Taiwan’s construction materials firms improve
The growth in investments in fixed assets in China proved to be a boon to Taiwan companies in relevant sectors like glass and cement during 2004. The government of Taiwan requir...
Boral cancelled sale agreement at cement works
After years of impasse there could at last be opportunities for new directions in development on the old Australian Portland Cement Works site. Since the closure of the historic...
Pakistan Govt may allow imports
The Pakistan government is considering allowing the import of cement to bring down the cement prices as cement manufacturers have turned down the persistent demand of the govern...
Cement shortage hits construction
Qatar’s construction sector is again facing acute shortage of cement and construction materials, industry sources said yesterday. Many construction firms fear they will no...
Hot tub plan for old Lafarge works
A redundant UK cement works could regain its place at the heart of a North Pennines community if ambitious plans for an eco-village come to fruition. Full details of the projec...
Chile Cementos bond placement
Chilean cement maker Cementos Bio-Bio SA expects to place some $125m in inflation-indexed, local-currency bonds in the second half of October, Chief Financial Officer Carlos Lon...
Efficiency of China’s cement industry slumps
China’s output of cement reached 456Mt in the first half, rising 7.4 per cent year on year, but 10 per cent lower than the growth in the same period last year. Output value of l...
ACC India cement production - July 2005
ACC’s July 2005 Cement production 1.291Mt while Cement despatches 1.28Mt. By comparison July 2004 cement production was noted at 1.323Mt and cement despatches
Holcim Romania to spend on training
Holcim Romania, will spend Euro 500,000 in 2005 in training programmes aimed at improving the skills of its employees, company general director Markus Wirth said on August 1, 20...
Gujarat Ambuja expects high profit growth
Gujarat Ambuja Cements Ltd (GACL) expects a topline growth of 20 per cent and a bottomline growth of 30 per cent for the current fiscal, said Anil Singhvi, Executive Director of...
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