Thai prices likely to rise
The cement price in 2005 is expected to be better than last year said Chumpol NaLamlieng, Siam Cement’s company president. Currently no cement producers dare to raise prices. A...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Vietnam cement industry outlook
Deputy construction minister Tong Van Nga said the Ministry of Construction estimates demand for cement will increase by 8 to 12 per cent this year. The Viet Nam National Cem...
Chile stocks up on construction gains
Chile stocks rose on Wednesday partly on market enthusiasm of a construction boom driven by strong internal demand. Construction company Volcan climbed 10.34 per cent to 1,600
Cementos Lima 2004 net rises 0.8 per cent
Fourth quarter and year earnings ended Dec. 31, 2004 rose 0.8 per cent at Cementos Lima which holds a 82 per cent of the domestic market. The company said on Wednesday it would
Sanghi plans capacity expansion for Kutch plant
With full capacity utilisation, coupled with increasing demand from the overseas markets, Sanghi Industries Ltd, part of the Sanghi Group, has decided to go for a massive capaci...
Siam Cement shares to pay record dividend
Siam Cement Group (SCC), the country’s largest industrial conglomerate, yesterday announced that it would pay an annual dividend of 15 baht per share -- the group’s ...
Indonesian govt postpones Cemex agreement
The government of Indonesia has postponed the signature of an agreement that could put an end to a long-running dispute with Cemex over the control of the south-east Asian count...
Rinker performs well in the US
Shares in Rinker Group Ltd jumped higher in early trade after the group upgraded its full year guidance on the back of solid demand and price rises for its building products. Th...
Lafarge sticks by FY 2004 targets
Lafarge said it still expects full year 2004 operating profit to rise more than 10 per cent as it reported sales which reached the top end of analysts’ forecasts. The com...
Eagle Materials boosted by higher prices
In the nine months to the end of December, Eagle Materials increased turnover by 21.8 per cent to US$463.2m and improved the trading profit by 50.6 per cent to US$121.5m. The s...
Mixed signals from the market
Dry bulk markets have continued to slide last week but on Friday the general feeling was that next week will see a comeback of charterers particularly in the East, which should ...
Measures to prevent cement shortage – Qatar
Qatar’s top cement producer QNCC plans to make available some 1.9Mt of cement in the local market this year, anticipating a huge demand for the material in view of the con...
Iran’s cement export prospects bright
A senior cement industry official said on Monday that favourable investments in recent years have brightened the prospects of exporting cement to international markets. Abbas Sa...
Topkinsky Cement to construct new clinker plant
Topkinsky Cement, Russia, targets to construct a new clinker plant with an annual capacity of 500,000tpa on the basis of the Yashkinskoye deposit following acquisition of a lice...
Eurocement Group posts cement output
In 2004 Russia’s Eurocement Group produced over 9.6Mt of cement in 2004, a 13 per cent increase against the figure posted in the same period of 2003, the company’s press-s...
Camargo Correa Cimentos issues $112m in debentures
Brazilian cement maker Camargo Correa Cimentos has launched a debenture issue worth 300 mln Brazilian reais ($112m) in the domestic market, an operation aimed at funding the com...
Lafarge to curb power costs in Brazil
Lafarge, Brazil’s fourth largest cement maker, is planning to implement measures for reduction of its electricity costs in Brazil. The company mulls using the local libe...
HeidelbergCement to take on Indocement commitments
HeidelbergCement AG said it will take over a credit obligation of more than US$150m for its Indonesian subsidiary Indocement Tunggal Prakarsa . A spokeswoman for
Florida Rock Industries: 1Q results
Florida Rock Industries, Inc today announced net income of $30,087,000 or $0.68 per diluted share for the first quarter of fiscal year 2005 versus $32,128,000 or $0.73 per dilut...
Indonesia 2004 domestic cement consumption up, exports down
Domestic cement consumption in 2004 totaled 30.04Mt, up 9.1 per cent from the year earlier on the back of growth in demand from West Java and Jakarta, the Indonesian Cement Asso...
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