Buzzi Unicem improves its margins
On an underlying 1.8% increase in cement sales to 31.9Mt, the Buzzi Unicem group has reported a 7.4% increase in the operating profit at the EBITDA level to €710.6m. This compa...
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HeidelbergCement EBITDA improves
In 2004, HeidelbergCement managed to increase the operating profit at the EBITDA level by 19.0% to €1,219.3m on a turnover 8.8% higher at €6,929.4m. Although the net interest ...
Cimpor Sells 432,960 shares to employees
Portuguese cement company Cimpor - Cimentos de Portugal sold a total 432,960 own shares to company’s employees, it was reported on March 25, 2005. The shares were sold
VNCC stockpiles around 1.5Mt of cement
The Vietnam Cement Corporation (VNCC)’s cement stockpiles are estimated at nearly 1.5Mt, according to the Ministry of Construction. These reserves and cement output
Egyptian cement output
Egypt’s cement output fell to 1.849Mt in November 2004 from 2.352Mt in October 2004, the Central Bank of Egypt (CBE) said in a report. Production of clinker inched up to ...
Westbury drops plans for burning recycled fuel
Campaigners fighting plans to burn poisonous chemicals at the UK Westbury cement works were celebrating yesterday after the firm dropped its controversial plans. Lafarge announ...
Cement prices spurt
The price of cement in India increased by 9-9.5 per cent during Apr-Jan 2004-2005 compared to Apr-Jan 2003-3004 due to higher demand that was driven by infrastructure and
Kawasaki, Sojitz win Vietnam order
Kawasaki Heavy Industries Ltd and Sojitz Holdings Corp have jointly received an order to construct cement plant facilities in Vietnam. The state-owned Vietnam Construction & Imp...
SCG to make major change in management team
The Siam Cement Group (SCG) plans to make a major change in its management team, aimed at giving executives an opportunity to steer the group toward the future of stability. Ab...
Who to blame for higher prices?
Importers of cement and major distributors of the local Nigerian production have been fingered as responsible for the latest increase in the retail price of the commodity. Nige...
East India leads in regional cement consumption
Eastern India leads the growth in regional cement consumption for the period April 2004 to February 2005, registering a 15.6 per cent year-on-year (Y-o-Y) increase to 18.1Mt. De...
Thailand: SCC sees same revenue growth this year
Siam Cement Plc (SCC), Thailand’s largest industrial conglomerate, said it may generate revenue in 2005 that is close to last year?s 75.2 billion baht from its petrochemical bus...
Japan FY 2005 cement consumption down
Domestic cement consumption in Japan will total 56Mt in fiscal 2005/06, ending March 2006, down 2.6 per cent year-on-year, forecasts of the Japan Cement Association (JCA) showed
Portugal BPN to invest in grinding plant
Portuguese investment bank Banco Portuguese de Negocios (BPN), via its holding company Sociedade Lusa de Negocios (SLN), will invest some Euro 25m (US$32.3m) in the
Morocco’s Lafarge Ciments 2004 net profit surges
Morocco’s main cement company Lafarge Ciments on Monday announced a 59 per cent rise in net profit for 2004 helped by exceptional financial results and a buoyant building ...
Vietnam’s largest cement plant to be built with foreign credit
The Vietnam Construction Import-Export Corporation (Vinaconex) has signed with three foreign banks a credit agreement worth Euro 76m for the procurement of equipment for Vietnam...
Lilama Succeeds in building cement kiln
The Vietnam Machinery Installation Corp. (Lilama) has succeeded in manufacturing a rotating cement kiln for the Song Gianh Cement Plant. The kiln has a designed capacity of
HeidelbergCement sees slightly higher sales
HeidelbergCement AG said Wednesday it will lower its dividend payment for 2004 after swinging to a net loss in 2004 as a result of extraordinary charges. The company said it mo...
Jaiprakash plans cement unit in north-east
Jaiprakash Associates Ltd (JAL), the flagship company of the Jaiprakash group, is planning to set up an integrated cement unit in India’s north-east region. The move is pa...
Cement prices in Vietnam rise
Prices of cement in the Vietnamese market are now up 1.8-2.4 per cent from early this year due to higher production cost and local demand, according to the country’ s Mini...
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