Pivdentsement to upgrade second line
The Pivdentsement company (Olshanske, Mykolaiv region), a large Ukranian cement producer, has decided to upgrade the second clinker kiln by 2006. A spokesman said that
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Egypt’s Sinai Cement Q1 net up
Egypt’s Sinai Cement reported an 82 per cent increase in its 2005 first quarter net profit to 23.99 million Egyptian pounds ($4.14m), the stock market said in a statement ...
Peru’s April cement sales
Peru’s overall cement sales in April rose 0.7 per cent to 405,535t from the 402,624t sold in April 2004, as the economy continued to expand, the National Association of Ce...
Vassiliko Cement signs new sales contract with Interbulk
Cypriot cement maker Vassiliko Cement Works has signed a contract with Interbulk Trading SA, a subsidiary of French cement maker Ciments Francais, for cement sales in 2005, the
Egyptian Misr Cement Qena
The net profit of Egyptian cement producer Misr Cement Qena rose 73.9 per cent year-on-year to 27.7 mln Egyptian pounds ($4.8m) in the first quarter of 2005. The rise in earnings
Indian cement production up 7.24 per cent
Cement production clocked a 7.24 per cent rise in April at 11.41Mt as against 10.49Mt in the year ago month. Dispatches grew by 9.25 per cent to 11.46Mt from 10.49Mt during the ...
High prices in Saudi
The Saudi Ministry of Commerce has been forced to intervene in the cement market to bring the prices down. Reaction to the move by the Ministry of Commerce was mixed. Distributo...
New 1Mta clinker grinding plant at Dadri India
Grasim Industries Ltd, a member of the Aditya Birla Group, India awarded Humboldt Wedag India Ltd and its holding company, KHD Humboldt Wedag GmbH, Germany the contract for engi...
Shree Cement announces resignation of director
Exchange, Mumbai (BSE) made the following corporate announcement: Shree Cement Ltd., has informed BSE that Shri K.N. Memani, a Director of the company has resigned from the Dir...
Kuwait Portland Cement Q1 2005
The net profit of Kuwaiti cement trader Kuwait Portland Cement fell to 1.24 mln Kuwaiti dinars ($4.2m) in the first quarter of 2005 from 1.71 mln dinars ($5.8m) in the same peri...
Saudi Qassim Cement Q1
Saudi cement producer Qassim Cement Company (QCC) posted a net profit of 58.6 mln Saudi riyals (US$15.6m) for the first quarter of 2005, up 3.8 per cent year-on-year. The compa...
Cementos Molins posts lower profits
Spanish cement maker Cementos Molins, based in the Catalan region, northeastern Spain, posted a net profit of Euro 17.2m for the first quarter 2005, compared to a net profit of ...
Greek Titan Cement Set for 10 per cent buyback
Greek cement maker Titan Cement approved at a general shareholders’ meeting, held on May 12, 2005, a 10 per cent share buyback involving both common and preference shares in
Indian Cement industry to face continued oversupply?
With more than 6 million tonnes of capacity addition in the pipeline in the next three years, the Indian cement industry could continue to remain under the surplus condition. As...
Government Approves Semen Gresik’s new plant
The Government of Indonesia approved the plan of PT Semen Gresik Tbk to develop a new cement facility at the investment value of US$400m to boost its production capacity. The...
Mexican standoff continues in Indonesia
The Indonesian government remains at loggerheads with Mexico’s Cemex SA over the latter’s investment in state-owned cement maker PT Semen Gresik. Minister for State ...
Buzzi Unicem looks to USA and Mexico
On an underlying basis, Buzzi Unicem’s turnover rose by 2.6 per cent to €541.3m for the first three months of 2005, of which Dyckerhoff represented some €202m, while, on the sam...
South Africa’s April cement sales soar
South African cement sales soared by 28 per cent year-on-year (y/y) to 971,604t after climbing by only 2.1 per cent y/y in March 2005 to 924,652t. The y/y comparisons are disto...
Higher demand pushes Holcim Romania Q1
Holcim Romania, a unit of the Swiss cement company Holcim Ltd., said on Thursday its first-quarter turnover rose 10 per cent year-on-year as a result of higher demand on the local
Saudi Yamama Cement Q1
Saudi cement producer Yamama Cement Company (YCC) posted a net profit of 102.8 mln Saudi riyals ($27.4m) for the first quarter of 2005, up from 98.3 mln riyals ($26.2m) in the
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