Italcementi and Arabian Cement
Italcementi SpA said its previous full year forecast for an operating profit in line with 2004’s Euro 788.5m, as stated under international accounting standards, now looks...
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CRH believes it is better positioned
Chairman Pat Molloy, speaking at last week’s AGM in Dublin, said the impact on the business depended on the extent to which it was able to pass on any increase. "So far in 2005 ...
Solid volumes with accelerating prices in Thailand
Domestic cement sales hit a post-crisis record at 3.1Mt (+22% YoY) in March. 1Q05 cement sales were strong at 8.4Mt, up 18% YoY and 22% QoQ. Strong cement sales are attributed t...
PPC reports 25 per cent growth in operating profits
Continued growth in domestic cement volumes and improved operational efficiencies helped Pretoria Portland Cement Company Ltd (PPC) post a 25% growth in operating profit to R646...
Iran to capture Afghanistan’s cement market
Iran is likely to capture the market in Afghanistan in the next two years according to local press reports in Pakistan. Iran with one of the most economical rates of the commodi...
Manufacturers reeling from power tariff hike, Uganda
Recent power tariff increases coupled with unreliable supply may deal heavy industry a body blow, making them more uncompetitive compared to their regional rivals, industry sour...
Egyptian Gazelle Ltd Co acquires 20.63% in South Valley Cement
Egypt’s private company Gazelle Ltd Company has acquired a 20.63 per cent stake of the local cement company South Valley Cement, the Cairo and Alexandria Stock Exchanges s...
New foreign-invested plant to start operation in northern Vietnam
The Taiwanese-bankrolled US$265m Phuc Son Cement Factory in Hai Duong province, about 50km south of Hanoi, is said to have officially begun operations on May 5 following years ...
Italcementi forms joint venture with Arabian Cement Company
Italcementi’s first quarter results were hit by the adverse March weather in Europe and turnover declined by 1.6% to EUR 990.2m, with the EBITDA falling by 14.2% to EUR 166.5m. ...
Strong profit growth at Eagle Materials
For the full year to the end of March, Eagle Materials achieved a turnover of US$616.5m, an increase of 22.7%. The trading profit before corporate overheads and interest charges...
HeidelbergCement sees growth in Eastern Europe and overseas
In first quarter of 2005, HeidelbergCement’s turnover rose by 0.6 per cent to €1355m, but the EBITDA declined by 5.4 per cent to €85m as unfavourable weather across large parts ...
Italcementi forms joint venture with Arabian Cement Company
Italcementi’s first quarter results were hit by the adverse March weather in Europe and turnover declined by 1.6% to EUR 990.2m, with the EBITDA falling by 14.2% to EUR
Lafarge’s first quarter cement off by 4.1%
The Lafarge group turnover rose by an underlying 1.9% to EUR 2,945m in the first three months of the year, with the contribution from cement being 2.1% higher at EUR 1550m.
St Lawrence Cement Recognised for its Overall Environmental Excellence, Canada
St Lawrence Cement’s plant in Mississauga, Ontario, won top honours in two categories of the 4th Annual Cement Industry Environment and Energy Awards sponsored by the Port...
CRH now ’better positioned’ to handle €0m oil burden
CRH believes it is better positioned now to deal with the continuing high oil price, which added some €50m to its cost base in 2004.
Lucky Cement installs crusher, pre-heater at new unit
The Lucky Cement on Wednesday started the work to install crusher and pre-heater at its new factory on Super Highway, while the civil work has already got underway. The civil work
JCL output capacity badly affected by grinding plant breakdown
Breakdown of a grinding plant at the Javedan Cement last week has adversely affected its production capacity and has brought it down from 2000/1800tpd to about 850/900tpd.
Kuwaiti Shuaiba Paper 2004 sales
Kuwaiti paper bag manufacturer Shuaiba Paper Products generated a total 6.8 mln Kuwaiti dinars ($23.3m) in sales in 2004, registering a 17 per cent year-on-year increase, it was...
Indian leading April shipments up
Aditya Birla group, India’s top cement producing group, said on Tuesday April cement shipments rose 9.8 per cent from a year ago to 2.48Mt. The Birla group comprises of fl...
Holcim Hungaria 2005 Revenues
Hungarian cement maker Holcim Hungaria Cementipari Rt, a subsidiary of Swiss building materials producer Holcim group, targets a revenue of 30 bln Hungarian forints ($153.3m)
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