Gresik April cement sales 1.18Mt, down 0.5% YoY, Indonesia
Indonesia’s largest cement maker PT Semen Gresik’s cement sales in April dropped 0.5% YoY to 1.18Mt from 1.19Mt a year earlier, with exports down 44 per cenet at 110...
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Taiwan Cement sees profit growth, eyes China
Taiwan Cement Corp. expects sales and profit to grow more than 15 to 20 percent in 2005 from 2004 and aims to become one of China’s top three cement makers in three years,...
Shree Cement Ltd 10.85 per cent drop
Shree Cement Ltd has reported a 10.85 per cent drop in its profit before tax to Rs 18.23 crore. The company has grown net sales by 14.77 per cent in the March quarter despite a ...
Taiwan’s Asia Cement board approves new China investments, bond issue
Asia Cement Corp said its board has approved new China-bound investments and a plan to issue corporate bonds. A company investment arm will invest US$4.9m in its subsidiary in C...
Indonesia April cement consumption up 6.9% YoY
Indonesia’s cement consumption, an indicator of economic activity, rose 6.9 per cent by volume in April from a year earlier, the country’s largest cement maker said....
Price war costs cement firms
Malaysian cement companies are expected to suffer losses in the first half of this year because an ongoing price war is affecting margins, sectorial analysts say. “The current p...
Saudi Arabian Cement Co Q1
Saudi cement producer Arabian Cement Company (ACC) posted a net profit of 69.1 mln Saudi riyals ($18.4m) for the first quarter of 2005, up from 60.2 mln riyals ($16.1m) in the
Cement producers in scramble to lift output
There is no cement shortage in SA, as some have suggested, but there will be one if action is not taken now, Barloworld CEO Tony Phillips said last week. Two of SA’s four...
Phuc Son cement plant starts production
Phuc Son Cement Company on Tuesday commissioned the first stage of its cement plant of the same name in the northern province of Hai Duong, Vietnam after ten years of developmen...
Italcementi launches new products
ITALCEMENTI, the investor in Bulgarian cement makers Devnya and Vulkan of Dimitrovgrad, is launching five new products of the Maestro series on the market for the new constructi...
Adani’s plan to take over Everest hits hurdle
The proposed takeover of Everest Industries (EIL), a subsidiary of ACC, by the Adani group has hit a roadblock. ACC is likely to appoint a merchant banker for selling EIL for gr...
China’s cement output growth slowing?
China produced 179.68Mt of cement in the first quarter, a 1.4 per cent year-on-year increase. The output of clinker added up 122.59Mt in the period, rising by 8.2 per cent over ...
Adelaide Brighton upbeat
A mining boom would more than compensate for falls in housing construction demand for cement maker Adelaide Brighton in the next few years, chairman Malcolm Kinnaird said yester...
Ecocem announces higher sales
Ireland’s independent Ecocem, announced today that the use of its GGBS product will lead to a reduction in CO2 emissions well in excess of 150,000t during 2005. The Irish compan...
Cimpor Q1 2005 profits expected to rise
Portuguese investment bank Millennium bcp investimento (MBCPI) projected in a research note, dated May 17, 2005, the local cement company Cimpor - Cimentos de Portugal to post
Egyptian Alexandria Cement Q1 2005
Egyptian cement producer Alexandria Cement registered a 511.5 per cent year-on-year surge in consolidated net profit to 14.8 mln Egyptian pounds ($2.6m) for the first quarter of...
Cement Production Up By 14.7%
In April, Ukraine cement production rose by 14.7 per cent compared with April 2004, to 1,121,000t. Additionally, in April, cement production rose by 64 per cent compared with
New directors for Ambuja Cement Eastern
Ambuja Cement Eastern Ltd has appointed three new additional directors on its board, following the recent majority acquisition into its holding company Ambuja Cement India Ltd b...
Adelaide Brighton expecting improvements
Cement producer Adelaide Brighton Ltd expects to improve on its 2004 result this year. "...Our performance is on track to meet our 2005 business plan targets and to deliver a f...
Spanish Cement Consumption at 16.04Mt
Cement consumption in Spain increased 4.21 per cent year-on-year to 16.04Mt in the first four months of 2005, Spanish Cement Makers Association (OFICEMEN) said on May 18, 2005. ...
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