Ras Al-Khaimah Co White Cement net profit surges, UAE
The net profit of UAE Ras al-Khaimah Co for White Cement & Construction Materials surged 325.4 per cent YoY to AED40.2m (US$10.9m) in 2004. Earnings per share rose to
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Batisoke Cimento boosts 2004 net profit, Turkey
Turkish cement and clinker producer Batisoke Cimento registered a YoY rise in net profit for 2004. The rise is explained by the fact that the company’s results are adjuste...
Cement production to continue to rise, Russia
In 2005, the increase in cement production in Russia is set to continue. According to the Eurocement Group, its 2005 cement output is projected at 50.5 to 50.7Mt. In 2004, Russia
SG profit to fall ‘if Tuban factories disposed’ Indonesia
The net profit of publicly listed PT Semen Gresik Tbk (SG) is going to fall if the company’s Tuban 1, 2, and 3 factories are sold since 80 percent of the company’s p...
Attock Cement year-end results, Pakistan
During the year under review Pakistan’s Attock Cement’s sales in term of value increased to Rs 1.882bn as against Rs 1.143bn registering 30.4% increase YoY. Its Falcon brand cem...
Boral says underlying profit strong despite softer H1, Australia
Construction materials group Boral Ltd said its underlying earnings remain strong despite net profit for the six months to December falling to A$179.7m from A$185.8m a year earl...
Guj Ambuja hungry for more, looks for big buys
Despite teaming up with the world’s second largest cement producer, Holcim, Gujarat Ambuja Cements (GACL) is in no mood to slow down its expansion plans.
Oman Cement Co posts US$25.1m nine month net profit
The Oman Cement Company (OCC) posted a net profit of OMR9.67m (US$25.1m) for the first nine months of 2004, up from OMR6.25m (US$16.2m) in the corresponding period of 2003.
Good times ahead for India Cements
The stage is set for India Cements to turn the corner this year. The performance of this South India-based leading cement maker was dragged down by huge debts that it had run
Positive free cash flow at two cement firms to drop 50% in FY04, Taiwan
Two major cement companies expect to see their positive free cash flow fall by half on a consolidated basis in the year through March 2005.
Holcim not to increase open offer price for ACC , India
Holcim is not considering an increase in its open offer price for Associated Cement Companies, said a senior official with DSP Merrill Lynch, which is the advisor to the multina...
Lafarge North America 4Q rise
Construction materials supplier Lafarge North America Inc (LAF) posted higher fourth-quarter earnings, buoyed by strong volumes and solid pricing gains in its cement, aggregates...
New order China Building Materials, UAE
UAE based Union Cement has signed a US$136.2m deal with China Building Material Equipment to build a new clinker facility in Ras Al Khaimah. The kiln is set to be the largest in
New orders for FCB, Vietnam
State-owned Vietnam Industry Construction Corp, or Vinaincon, signed a contract to buy equipment valued at Euro 61.1m, or equivalent US$74.4m, from France’s FCB Cement for...
Cement prices inching up, India
The price of cement has gone up by Rs5-10 per 50-kilogram bag across the various regions. The trend is likely to continue till monsoon. However, the price rise is not likely to ...
Holcim Slovensko modernisation continues, Slovakia
The largest cement producer in Slovakia, Holcim Slovensko, a.s, Rohoznik, plans to complete the second phase of modernisation at its production plant in Rohoznik in March.
Lafarge Cement Pleads for Deported Chilanga Boss, Zambia
Lafarge Cement regional president Africa Tony Hadley presented the deportation case of Chilanga Cement Plc managing director Ian Coulter to President Mwanawasa for his considera...
Cement production to climb, Iran
Minister of Industries and Mines Es’haq Jahangiri said that Iran’s cement production capacity will rise to more than 70Mt by 2010 which is the final year of the four...
Shree hopes for 8-9 per cent growth, India
Shree Cement hopes to log a growth of 8-9% for the whole year. The company is bullish about the industry’s prospects and expects to outperform it. HM Bangur, MD of Shree C...
Staggering prices derail construction projects, Brunei
The price of cement is reaching phenomenal heights, with the construction industry here feeling the pinch with a shortage. Construction work has been delayed and, in some cases,
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