CIMA building on growth in Johor, Malaysia
Cement Industries of Malaysia Bhd (CIMA) is closely monitoring the development of Bandar Nusajaya in Johor as it plans to set up a new plant in the southern state.
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Readymix posts 20pc pre-tax fall, Ireland
Irish cement maker Readymix has reported a 20 per cent drop in pre-tax profits to EUR9.5m, in the six months ended June 2004.
Podilski Tsement increased Output
The Podilski Tsement company (Kamianets-Podilskyi, Khmelnytskyi region), which is one of the three largest producers of cement in Ukraine, increased its sales output by UAH 8.81...
Cimpor gives up on Cecime
Portuguese cement company Cimpor has decided not to continue with the process of acquisition of local importer Cecime, it was reported on August 3, 2004. The purchase operation...
Tasek Corp net profit up 180%
Malaysian Tasek Corporation Bhd’s net profit surged some 180% to RM50.69 million for its financial year ended June 30, 2004 from RM18.1 million a year earlier due to higher dema...
Grasim July cement despatch up
Grasim Industries has reported increased shipments, year-on-year, for both Grasim Cement as well as for its recent acquisition UltraTech Cemco Ltd, for the month of July. Despa...
ACC continues to improve
Indian Cement companies have enjoyed a significantly better operating environment in the June quarter, and this is reflected in ACC’s results. The takeaway from ACC’...
TPI debt rescue package approved
Thailand’s finance ministry has approved a business reorganisation plan for the debt-ridden Thai Petrochemical Industry that could involve state-owned refiner PTT Plc taki...
Thailand’s SEC charges
The Securities and Exchange Commission has filed a criminal complaint against Prachai Leophairatana, Stern Stewart (Thailand) and TPI Polene Plc for the alleged disclosure of fa...
Kuwait Portland Cement H1
The net profit of Kuwaiti cement trader Kuwait Portland Cement fell to 2.77 mln Kuwaiti dinars (US$9.4m) in the first half of 2004 from 6.54 mln dinars ($22.2m) in the same peri...
Demand For Green Technology
With the ’green’ concept catching up among cement plants in India, the Bangkok-based LV Technology, through its Indian arm LNV Technology India Private Ltd, is targe...
Bacnotan, subsidiary concludes sale
Two cement companies affiliated with the Phinma Group yesterday signed a share purchase agreement for the sale of their combined controlling stake in Union Cement Holdings Cor...
Bangladesh floods
Squeezed by surplus production against falling consumption, the country’s cement industry is now in a critical state as the current flooding has triggered a 45 per cent sa...
Belarus to sell stake?
Belarus’ government plans to sell its 20-23% stake in one of the country’s three large cement plants, Belarus’ Architecture and Construction Minister Gennady Kurochkin told a pr...
Cement sales jump 30 per cent
Pakistani cement sales have recorded a growth of 30 per cent in the first month of current 2004-05 fiscal year to reach at 1.362Mt compared to 1.045Mt in the same month last yea...
Wienerberger to close two more German brick plants
As part of optimising group capacity, Wienerberger AG is investing €8m in increasing capacity at its Ansbach and Bad Neustadt hollow brick plants in Bavaria. This will result i...
Readymix concrete gaining ground
Major cement manufacturers in India propose to enter the ready-mix concrete (RMC) segment. Associated Cement Companies (ACC) intends to add two RMC units to the existing set-up ...
AdBri cements green record
Adelaide Brighton has dipped a toe into green energy in a joint venture with Adelaide-based waste recycler Resourceco. The 50-50 venture, Alternative Fuel Company, will provide...
Half-year report: Tianjin Cement Co, China
Shenzhen-listed Tianjin Cement Co, Ltd. has reported earnings per share of 0.015 yuan for the first half of 2004 ended June 30, as compared with the 0.016 yuan for the same per...
Mohammed waives cement duty
Dubai Crown Prince General Sheikh Mohammed bin Rashid Al Maktoum has ordered the waiver of customs duty and storage fees on cement imported by Nakheel in a bid to keep cement pr...
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