India Cements posts loss
INDIA Cements Ltd has reported a loss of Rs18.10 crore on sales of Rs 312.14 crore for the first quarter of 2004-05 against a loss of Rs 24.92 crore on sales of Rs 305.58 crore ...
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Buzzi Unicem Capital hike
The capital increase of Italian cement and concrete company Buzzi Unicem ended with 99.34 per cent subscription. The funds raised from the capital increase total Euro204.5m. The...
Sabanci eyes Bartin Cimento
Turkish industrial conglomerate Sabanci Holding is exploring the possibility of buying the cement factory Bartin Cimento Fabrikasi, it was reported on July 26, 2004. Sabanci Ho...
Turkish Adana Cimento hiring
Turkish cement manufacturer and retailer Adana Cimento has employed 33 people to work at its clinker and cement production lines, it was reported on July 27, 2004. The company ...
Heracles fears no Olympic aftershock
Heracles, the largest cement provider for the Athens Olympics said Tuesday business would shrink after the Games but dismissed fears that the local construction industry, Greece...
China cement makers face profit crunch
Problems with coal and electricity supplies have prompted some analysts to downgrade the earnings prospects of mainland cement manufacturers. Cement makers such as Anhui Conch ...
Siam Cement 2Q Net Profit
Siam Cement PCL said its net profit in the second quarter hit a record high, thanks to hefty gains from its affiliates. In the April-June quarter, Siam Cement recorded a net pr...
Suez Cement impressive results
Suez Cement released 1Q FY04 stand-alone results ending March, in which the company recorded an impressive net profit balance pertaining to LE69.7 million versus a LE6.1 million...
Indonesia cement sales up in June
Indonesia’s domestic cement sales grew by 9.2 per cent in June to 2.59Mt compared to the same period a year ago, the country’s largest cement maker PT Semen Gresik T...
Fujian Cement 1H report
Shanghai-listed Fujian Cement Stock Co has reported earnings per share of 0.17 yuan for the first half of 2004 ended June 30, up from the 0.03 yuan for the same period of 2003. ...
Asia Cement spinoff cleared
Taiwan-based Asia Cement has received the green light from Hong Kong Exchanges and Clearing to spin off its mainland cement operations in a listing worth as much as HK$1 billion...
Golden Bay Cement Picks Pavilion
Pavilion Technologies, a leader in advanced process control (APC) and environmental compliance solutions, will install its Process Perfecter(R) solution at Golden Bay Cement&rsq...
Semen Gresik 1H Cement Sales Up
PT Semen Gresik said its total cement sales in the first six months of this year rose 16% on year to 7.28Mt from 6.29Mt, due to an increase in domestic sales and exports. Indone...
Bulk rates look for direction
Despite that rates ended the week with figures lower than seven days before, the market showed that it can still be prompt to react to any tiny signal coming from demand. It has...
Brazil Cement industry sells more
For the first time this year, the cement industry registed an expressive increase in sales. In June, according to National Syndicate of Cement Industries (Snic), consumption of ...
GCC net profit up
Mexican cement maker Grupo Cementos de Chihuahua reported 175m pesos (US$15m) in net profit second quarter 2004, up 3% year-on-year as sales grew and financing costs and income ...
Nakheel to import cement
The UAE Nakheel group is preparing to import cement in large quantities from Iran, Indonesia and Egypt and sell it directly to local contractors to beat price fixing, reported t...
Eagle Materials starts well
Eagle Materials, until last year known as Centex Construction Products, has reported a 20.8% increase in turnover to US$150.3m in the first quarter of its 2004/05 financial year...
Aggregate Industries’ US advance held back
In the first six months of 2004, Aggregate Industries increased turnover by 9.4% to £732.8m (US$1,333.7m) and the EBITDA emerged 8.2% higher at £97.2m (US$176.9m). Better weath...
US infrastructure spending
US legislators have upgraded their proposals for a US infrastructure funding program from $275bn to $299bn. This proposal appears to have the backing of the Bush administration....
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