Laos cement update
With more than US$10m being used to buy imported cement, news that a local factory is pushing ahead with production improvements is welcome news to government planner. Vanvieng ...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Rajasthan may slip up on cement output
The largest cement producing state in India, Rajasthan, where no substantial capacity additions have occurred in the past five years, will soon be required to enhance production...
Italcementi gets into shipowning
Italcementi, a publicly listed cement maker, is poised to enter the handymax bulker market as an owner. It wants to acquire at least one vessel to serve its Atlantic business ca...
China’s output of cement in March 2005
China produced 72.794Mt of cement in March 2005. The output in January-March reached 172.296Mt, up 1.2 per cent year on year, according to the National Bureau of Statistics. In
Cementir: weaker Italian performance offset by...
Helped by the acquisitions from FLS Industries last year, Cementir increases its first quarter turnover by 140.8% to €171.7m and the operating profit at the EBITDA level rose by...
Philippines Republic Cement sees tough year
Republic Cement Corp, part of the worldwide Lafarge empire, expects a tough year in 2005 as it grapples with rising production costs, continued tight government spending on infr...
US$320m cement company to be established in Saudi Najran
An SAR1.2bn (US$320m) cement company is currently under establishment in Najran, southern Saudi Arabia, local media reported. The company, called Al Rub’a al-Khali Cement,
Eurocement acquires Baltsem, Ukraine
The Eurocement Group (Moscow), has acquired a controlling stake in the Baltsem plant (Balakliia, Kharkiv region), one of the three major cement producers in the Ukraine. As
Higher demand pushes Holcim Romania Q1 turnover
Holcim Romania said on its first-quarter turnover rose 10% YoY as a result of higher demand on the local cement market. The company posted EUR 16m in sales through
Indocement sees better sales
Indonesia’s second-largest cement maker, PT Indocement Tunggal Prakarsa Tbk , said it expects better operating results this year, though rising interest and mortgage rates...
Sebi gives Holcim okay for Ambuja Eastern open offer
After a four-month delay, Holcim on Wednesday received the go-ahead from Sebi to make its open offer to minority shareholders of Ambuja Cement Eastern (ACEL), who have a five pe...
UAE Sharjah Cement net profit surges 140% YoY
The net profit of UAE cement producer Sharjah Cement and Industrial Development Company surged 140% YoY to AED60.11m (US$16.4m) in the first quarter of 2005.
Cementos Lemona EUR 3.53m 1Q net profit
Spanish cement maker Cementos Lemona posted a net profit of EUR 3.53m (US$4.54m) for the first quarter 2005, a surge of 58.3% YoY, the company said. The revenue of the cement ma...
Titan looks to the USA and Bulgaria for growth in 2005
Titan’s turnover in the first quarter of 2005 grew by 4.3% to EUR 57.3m and the operating profit at the EBITDA level was 1.4% higher at EUR 57.3m. Excluding exchange rate movem...
Some stability after recent falls
While things are stabilizing on most dry bulk market after the quite sharp fall recorded over the last two weeks, the whole dry bulk shipping and industrial world is living with...
Yemen to increase cement production
Yemen is to increase its cement production to 6Mt by 2007, Minister of Industry and Trade Khaled Rajah Sheikh stated.In his remarks to the press, the minister added that the min...
High oil prices fuel construction growth
High oil prices are helping to accelerate the momentum of Bahrain’s construction sector and its rising contribution to GDP is set to continue, says The Nass Group Executive, Sam...
Qatar cement shortage
Qatar is facing severe shortage of cement supplies. This is hampering several construction projects and delaying projects completion. Ministry of Economy and Commerce announced ...
UAE Union Cement plans new mills
UAE Ras al-Khaimah cement manufacturer Union Cement is leading talks with international companies over the purchase and installation of new cement mills at its plant in the nort...
Kuwait Cement Co Q1 net profits rise
The net profit of Kuwaiti cement maker Kuwait Cement Company rose to 9.21 mln Kuwaiti dinars ($31.6m) in the first quarter of 2005 from 5.06 mln dinars ($17.3m) in the same period
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