Bacnotan Consolidated Industries Inc profit, Philippines
Bacnotan Consolidated Industries Inc, a diversified investment holding company, posted a PHP4.09bn net profit last year, a sharp reversal from a PHP583.4m loss in 2003, on accou...
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LILAMA paves way for cement plan, Vietnam
Vietnam Construction and Machinery Installation Corporation (LILAMA) will execute the VND1 trillion (US$63m) project to build the Song Thao Cement Plant for the Song Thao Cement...
Brazil: Votorantim enters India
After acquiring assets in Canada and the US, Votorantim Cimentos is penetrating in India through the take over of a plant with a capacity of 3.5Mta of cement for US$80m.
Cement companies in upbeat mood, Pakistan
The cement companies, listed at the Karachi Stock Exchange (KSE), remained in the upbeat mood during the first half of the fiscal year due to rising construction activity in the...
Ciments Francais takes controlling stake of Suez Cement, Egypt
Ciments Francais, Italcementi Group sub-holding for international activities, along with a consortium of local and international investors have reached an agreement with the Egy...
Javedan Cement net profit up, India
Javedan Cement has declared a net profit of Rs 103.861m for the period July-December 2004 as against Rs 26.952m in the same period last year, said the company in a press release...
Somani bags US$7.4m export order to Iran
Somani Cement Company Ltd said it had bagged an export order to Iraq worth Rs332m (US$7.4m). The order is for a leading company based in Iraq and it would be executed within fi...
Cementos Molins posts EUR 83.1m profit, Spain
Spanish cement maker Cementos Molins posted a net attributable profit of EUR83.1m for 2004, a 7.6 per cent YoY decrease, the company said. The decrease was attributed to the
Cementos del Valle Posts US$41.3m net profit, Colombia
Colombian cement maker Cementos del Valle posted a net profit of 95.991 bln Colombian pesos (US$41.3m) for 2004, up seven per cent YoY.
Cementos Lemona EUR16.9m profit, Spain
Spanish cement maker Cementos Lemona posted a net attributable profit of EUR16.9m for 2004, a 5.7 per cent YoY decrease, the company said. Gross operating profit decreased
Eurocement January output, Russia
In January 2005, Eurocement Group produced 590,000t of cement, a 34 per cent YoY boost. Packaged cement accounted for about 32,000t, an 11 per cent YoY increment.
Turkey cement producers see Iraq exports pressured
Turkish cement exports to Iraq hit a record 2Mt in 2004 but could fall this year due to growing price competition and increasing security problems there, the Turkish cement asso...
Cement industry to see an upswing, India
The Indian cement industry is expected to find further appreciation of its current margins in the coming days due to the deepening of the imminent supply-demand gap on account o...
Ciments Francais aims to buy out Suez Cement, Egypt
French cement producer and distributor Ciments Francais, a subsidiary of Italian cement producer and distributor Italcementi SpA, aims to buy the remaining 60 per cent in Egyptian
CRH posts another credible advance
CRH, based in Ireland, generated a turnover of €12,820m in 2004, an increase of 15.7 per cent, but at constant currency rates the advance represents some 22 per cent. The EBITD...
Pakistani producer moves ahead
Lucky Cement Ltd has announced a profit before tax of Rs. 566.517 Million for the Half Year Ended on 31st December, 2004 as against the profit before tax of Rs. 414.195 Million
Mykolaivtsement increases output
In 2004 the Mykolaivtsement company (Mykolaiv, Lviv region), increased cement output by 38.95 per cent. Andrii Postolovskyi, company’s marketing director, told local repor...
Cemex seals RMC Group acquisition
Cemex, the world’s third-largest cement manufacturer, yesterday completed its Dollars 4.1bn acquisition of RMC Group of the UK after gaining approvals in the US, the Europ...
Holcim FY results in-line, bullish for 2005
Holcim Ltd posted a 33.2 perc ent rise in 2004 net profit, in line with market consensus, raised its dividend by Swf0.10 to Swf1.25 per share and forecast further improvements in
Making money out of Kyoto
The newest business model in town is simple: reduce greenhouse gases and get paid for it. Thanks to the Kyoto Protocol that came into effect this month, developing nations like...
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