Cement industry news

21 Apr 2005 Corporate

Mindanao Portland 2004 profit slips

A subsidiary of publicly listed Republic Cement Corp. said earnings declined last year due to a decrease in demand. Mindanao Portland Cement Corp. said its net income for 2004 f...

21 Apr 2005 Corporate

Cemex 1Q results to get boost from RMC buy

Cemex is expected to report significant sales growth in the first quarter as it consolidates a month of results from its latest acquisition - RMC Group of the U.K.

20 Apr 2005 International

Polpaico to invest US$13m in 2005, Chile

Chilean cement producer Polpaico, controlled by Holcim, plans to invest US$13m in 2005, according to the company’s president, Juan Antonio Guzman.

20 Apr 2005 International

Spanish cement consumption down 0.3 per cent Y/Y Q1 2005

Cement consumption in Spain decreased 0.3 pct year-on-year to 11.4Mt in the first quarter of 2005, Spanish Cement Makers Association (OFICEMEN) said.

20 Apr 2005 International

Semen Gresik forecasts cement shortage in 2007, Indonesia

PT Semen Gresik (SG), has projected a shortfall in cement supply in 2007 due to the high demand from government-driven infrastructure projects.

20 Apr 2005 International

Melon submits cement plant project EIS to Conama, Chile

Chilean cement company Empresas Melon has submitted the EIS for a US$20m cement grinding plant to national environment authority Conama.

20 Apr 2005 International

Italcementi plans US$20m investments in Bulgarian plants by 2006

Italcementi said it plans invest some US$20m (EUR 15.4m) in its two plants in Bulgaria by 2006 to improve quality and reduce environmental impacts.

20 Apr 2005 Corporate

Taiwan Cement eyes third spot, China

Taiwan Cement Corp is aiming to become China’s third-largest cement maker by 2008, the Commercial Times reported, citing chairman Leslie Koo

20 Apr 2005 Corporate

Gresik aims to lift income 10 per cent, Indonesia

Indonesia’s largest cement producer PT Semen Gresik is aiming to increase its net income and profit by 10 per cent this year compared with last year.

20 Apr 2005 International

Camargo Correa to buy Loma Negra , Argentina

Brazilian cement maker Camargo Correa Cimentos, a unit of the local construction group Camargo Correa, will pay US$1.025bn for the Argentinean cement giant Loma Negra under an a...

19 Apr 2005 International

Sumitomo Osaka Cement Co develops Zirconia nanoparticles for displays

Sumitomo Osaka Cement Co of Japan has created nanometer-size zirconia granules for anti-glare coatings on displays.

19 Apr 2005 International

Pushka cement plant boosts 1Q2005 production

The Kramatorsk PUSHKA cement plant (Ukraine) produced 138,400t of cement in the first quarter of 2005.

19 Apr 2005 International

Katavsky Cement’s output up over 2 -fold in Jan-Mar 2005

Katavsky Cement’s output went up over 2 -fold in Jan-Mar 2005 versus the same period 2004, in January-March 2005 the plant produced 178,000t of cement.

19 Apr 2005 International

Ukranian cement production down by 9.8 per cent to 684,000t In March

In March, Ukranian cement production fell by 9.8 per cent compared with March 2004, to 684,000t.

19 Apr 2005 Trading

Industry ministry promises quick tackling of cement shortage

The problem of the shortage of cement supply in the market would soon be tackled, senior trade official promised.

19 Apr 2005 Environmental

Cement plant to contain controversial dust pile

Dragon Products cement company plans to cap its 17-acre dust pile in midcoast Maine that has been the focus of lawsuits that have been filed by neighbors against the cement manu...

19 Apr 2005 International

Eygpt’s Orascom to build cement plant in Indonesia

Egyptian cement maker Orascom Construction Industry plans to build a cement factory in Indonesia, an official said.

19 Apr 2005 International

Net profit of ACC is estimated to have declined 0.6 per cent to 1.05bn rupees.

Shares of cement companies have outperformed a 7 per cent fall in the Bombay share index in the past three-and-half months as investors ignored short term troubles to bet on the...

19 Apr 2005 International

Grasim profits seen up

Only diversified Grasim Industries Ltd., the nation’s top cement group, is expected to report a small rise in fiscal fourth-quarter earnings

19 Apr 2005 Corporate

Saudi Southern Province Cement Posts US$40.9m Net Profit Q1 2005

Saudi cement producer Southern Province Cement (SPC) posted a net profit of 153.5m Saudi riyals ($40.9 mln/31.8 mln euro) for the first quarter of 2005, up from 123.8m riyals (U...