Holcim Philippines returns to profit in 2004 on increased exports
Holcim Philippines Inc said it made a net profit of 1. 2bn pesos last year, reversing a loss of 318.7m pesos in 2003, due to higher export sales and cement prices. Return on equ...
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Indonesia’s Semen Gresik enjoys 37.7 per cent surge in 2004 Net Profit
State-owned cement maker PT Semen Gresik reported a 37.7 per cent increase in its 2004 net profit to Rp520.6bn(US$55.4m) as compared with the previous year.
Higher costs to crimp India cement makers’ profit
Higher fuel costs will have dented quarterly earnings of India’s leading cement companies, but their outlook remains upbeat thanks to strong demand in a growing economy.
Baltsem to install equipment for neutralizing Hexavalent Chromium
The Baltsem plant (Balakliia, Kharkiv region), one of the three major cement producers in Ukraine, intends to install equipment for adding additives that neutralise hexavalent c...
More in pipeline: 50,000t cement orders received from Sri Lanka
Pakistan has received export orders for 50,000t cement from Sri Lanka, which is expected to fetch US$9.2m in foreign exchange. Besides, export orders for 25,000t cement each mon...
Lithuania: Cementas seeks EU funds for environmental project
Akmenes Cementas, Lithuania`s only cement manufacturer, intends to invest over 20m litas (EUR 5.8m) in upgrading its pollutant filtering equipment over two years, with part of t...
Brighter future for Iran’s cement industry
Given the growing for cement in Iraq and Afghanistan following the ongoing reconstruction efforts in the war-torn countries, Minister of Industries and Mines Eshaq Jahangiri on ...
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 (US$40.9m/31.8m euro) for the first quarter of 2005,
Saudi cement posts major net profit growth
According to Al-Sharq Al-Awsat newspaper, the Saudi Cement Company has announced SR 119.7m($31.92) net profits in the first quarter of the current year
Gujarat Ambuja Mulls Bonus, tock Split (is considering a stock split for the first time)
Gujarat Ambuja Cements Ltd (GACL) will consider a bonus issue of equity shares
Semen Padang complete 2004 reports, profit increases
Cement producer PT Semen Padang has completed its 2004 audited financial statement, paving the way for its parent company, publicly listed PT Semen Gresik, to issue the latter&r...
Holcim now calls the shots at ACC
Cement major Holcim of Switzerland has announced that it has taken over Associated Cement Companies (ACC) through Ambuja Cement India Ltd (ACIL).
Cemento Polpaico to invest US$13m-14m this year
Chilean cement producer Cemento Polpaico will invest US$13m-14m this year, company executives said at an ordinary shareholders meeting.
ACC plans to hike outputby 2Mt
The Associated Cement Companies (ACC) intends to increase the production capacity by nearly 2Mt in 2005.
The North American Business Services (NABS) is a newly-created organization, established by St. Lawrence Cement and Holcim (US) Inc
St. Lawrence Cement and Holcim (US) has created ’The North American Business Services’ (NABS), located in Vaughan, Ontario.
Pushka ups cement production 56.6p per cent to138,400t In Q1
In January-March,Kramatorsk-based cement plant Pushka (Donetsk region) increased cement production by 56.6 per cent or 50,000t up to 138,400t from the like-2004 period.
Orascom eyes three cement plant Sites
Orascom Construction Industry, a cement manufacturer from Egypt, was assessing three locations to develop a cement plant with the total capacity of 2.5Mta with the total investm...
Higher cement prices lift 2004 Holcim net income
Holcim Philippines, Inc. has swung to profits last year with net income after tax of P1.2bn from a net loss of P318.7m in 2003.
Steel units using blast furnace ’facing crisis’
Indian steel units using the blast furnace route of steel production are facing a major crisis in offloading the slag because cement companies are mostly using the flyash genera...
Steel units using blast furnace ’facing crisis’
Indian steel units using the blast furnace route of steel production are facing a major crisis in offloading the slag because cement companies are mostly using the flyash genera...
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