Fancesa shareholders to discuss capital increase
Bolivian cement producer Fancesa is to hold an extraordinary shareholders meeting September 9 in Sucre, Fancesa said in a filing to the country’s stock market. The meetin...
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Alexandria Portland Cement Releases 1H
Alexandria Portland Cement released 1H FY04 results ending June, in which consolidated net income recorded LE22.6 million, compared to a net loss of LE29.6 million in the compar...
Minister confirms cancellation of duties
The Egyptian Minister of Industry & Foreign Trade, Mr. Rashid Mohamed Rashid, confirmed the cancellation of custom duties levied on Egyptian cement imports yesterday, which pert...
Lafarge Malayan Cement Q2 net profit falls
Lafarge Malayan Cement Bhd said its second-quarter to June net profit fell to 24.83 mln rgt from 37.71 mln a year earlier after sales dipped to 443.38 mln rgt from 447.45 mln, w...
RMC Group braced for sharp drop in UK profits
Investors are bracing themselves for a sharp drop in profits from RMC Group PLC’s UK operations in the first half of 2004 when the company reports Thursday as lower roads ...
Jaiprakash to invest
Jaiprakash Associates Ltd, India is going to make an investment of Rs 375-400 crore in Madhya Pradesh under its capacity expansion plan. The company has two cement-manufacturing...
Holcim Looking For Asian, LatAm Growth
Holcim’s Chief Executive Markus Akermann told Finanz und Wirtschaft Saturday that the cement company is looking for growth in Latin America and Asia. Akermann said Holcim has m...
Delhi tops in india’s cement consumption in q1
Cement consumption, an indicator of overall construction activity, recorded the highest growth rate in Delhi, followed by Haryana and Madhya Pradesh during the first quarter of ...
Oman acts to stabilise prices
A price ceiling on cement has been fixed by the Omani government to prevent exploitation by retailers as demand rises. The Ministry of Commerce and Industry has fixed the cemen...
Builders still hard hit by costly cement
Despite the government’s withdrawal of five per cent import duty on cement, traders are still cashing in on the scarcity in the local market, sources said. The cement pri...
Araratcement enters Iranian market
Sedrak Sedrakian, General Director of the company "Multi Group", owner of the Araratcement, told ARMINFO, this year the company has supplied 17,000t of cement to Iran. The compa...
Sales rush in South Africa
The property boom, which has seen house prices rise by more than 20% in the past year and has sparked a rush to build new homes, has put pressure on producers of bricks and ceme...
Govt considers using seized cement for housing
The Mexican government is looking for a way to take advantage of the 27,000 tons of cement that could be retained by customs under to litigation against the company Comercio par...
Cemex is in good shape to fight for Loma Negra
Cemex, the third largest cement producer at global level, would be prepared to invest an additional US$1 billion not accounted for in its 2004 budget if it decided to participat...
Colombia’s Argos to sell coal mine
Colombian cement group Argos SA and affiliates have agreed to sell their La Jagua coal mine to Swiss-based commodity trader Glencore International AG, the companies said on Mond...
Vietnam: cement sales rise
The total volume of cement sales on the domestic market reached almost 16.6 million tonnes in the Jan-Aug period or up 13.2 percent year on year. Local cement factories reporte...
Titan completes Pennsuco enlargement early
Titan’s first half turnover increased by 7.9% to €5261.7m, which represents a 12.4% advance at constant exchange rates. The operating profit at the EBITDA level rose by 19.5% t...
Holcim raised first half margins
First half turnover at Holcim emerged at Sw.Fr.6,317m (€4,075m), an increase of 8.8%, or 9.8% if measured in local currencies. The operating profit at the EBITDA level rose by ...
H+H boosts first half margins
Aerated concrete producer H+H International pushed ahead the operating profit at the EBITDA level by 32.8% to DKr.152.6m (€20.5m) on a turnover 7.2% higher at DKr.684.2m (€92.0m...
CIDEM Hranice sells three brick plants
Wienerberger is to acquire an additional three brick works in the Czech Republic from CIDEM Hranice on the first of October. The three plants have a combined capacity of 75m st...
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