Solid Cement may have to close
Solid Cement Corp, a Philippine unit of Mexico’s Cemex said it may have to shut down its cement plant next week unless the government lifts its order for the company to st...
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Madras Cement: organic growth mooted
Cement manufacturers in the south of India had a bad start this financial year as consumption dropped in the April-June quarter. In this situation, Madras Cements stood out beca...
Fuel-Tech NV announces order
Fuel-Tech NV based in the US has announced four orders for NOxOUT projects totaling approximately US$2m. Two of the orders are for municipal solid waste incinerator facilities i...
Egyptian ASEC Cement soars
Egypt’s ASEC Cement Co, posted a net profit of 12.62 mln Egyptian pounds (US$2.0m) for the first half of 2004, up 345.2 pct year-on-year. The increase in earnings followe...
July cement sales dip
Cement sales in Peru fell 5.8% in July to 309,956t in comparison with same month last year, according to figures from cement association Asocem. Brokerage Centura SAB attribute...
Ras Al-Khaimah plant import
Three of the cement plants in the UAE emirate of Ras al-Khaimah have imported a shipment of a total 31,500 tonnes of cement in mid-August 2004, the emirate’s Customs and P...
Egypt seeks export boost
Egypt’s Minister of Finance, Youssef Boutros-Ghali, and the Sudanese Minister of Industry, Jalal Yousif al-Dagir, discussed ways of boosting the trade relations between th...
Govt fixes cement factory price
Honduras’ government has fixed the factory price of a one-quintal bag of cement at 70 lempiras (US$3.93) in an effort to halt rising prices, local press reported. In the ...
Ultratech Cemco listed on bourses
Ultratech Cemco Ltd, the Aditya Birla Group’s cement company, was listed on the BSE and the National Stock Exchange on Tuesday. The stock opened at Rs. 305 per share at NS...
Development plans to help boost construction
The Taiwanese Legislative Yuan yesterday passed a budget for the long-awaited ten new development plans. These plans seem particularly promising to the cement and steel industri...
Indocement Hedges debt
The Management of PT Indocement Tunggal Prakarsa Tbk has been hedging the principles as well as the interest of its debt the company will pay until January 2005. Christian Kart...
PPC expansion announced
Pretoria Portland Cement Co Ltd (PPC), one of South Africa’s largest cement producers, plans to begin a 1Mta four-year capacity expansion project valued at an estimated R7...
Markets somewhat in limbo late-August
With Panamaxes having been very much in the centre of attention during the past week, the market as a whole seems to have taken on a stroll along the beach. Without direction ...
Nigercem to start production?
The Nigeria Cement Company (Nigercem), one of the foremost cement companies in Nigeria would soon go on stream as government of the five Eastern States and core investors are fi...
Appointment of permanent SCC Chairman demanded
Karachi Cement Dealer Welfare Association (KCDWA) has demanded appointment of permanent chairman in State Cement Corporation (SCC). In a statement Saturday, president KCDWA Nawa...
Subterfuge at Semen Gresik
According to the Jakarta Post, There is only a very slim chance that Indonesia might win its dispute with Mexican cement company Cemex SA over the foreign firm’s investmen...
Chelyabinsk region expands output
In 1H 2004 the Chelyabinsk region’s construction materials sector expanded output by 6.1% y-o-y due to the growh of cement production (up 86.7%), heat-insulation materials...
Turkish H1 2004 financials
Turkish cement producer Akcansa Cimento posted a net profit of 34.3 trln Turkish lira ($23.25m/18.9 mln euro) for the first half of 2004, compared to 4.75 trln lira ($3.22m/2.62...
Siam Cement to hold line on prices
The Siam Cement Group, the country’s largest industrial conglomerate, may cap the prices of its products for 12 months despite rising operating costs due to higher fuel pr...
Maltsovsky Portland
In Jan-July 2004, Maltsovsky Portland Cement, Russia largest cement maker, produced 2Mt of cement. In June 2004 the company hit a record high output of 406,000t of cement. Malts...
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