Saudi Yamama Cement Co net profit up
Saudi cement producer Yamama Cement Company (YCC) registered an 86 per cent YoY increase in net profit to 346.5m Saudi riyals (US$92.4m) for the first half of 2004, according to...
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How to succeed in business
Raveerot Thamaratnothai, an heir to one of the country’s largest construction firms, Channakorn Engineering, is making his mark in the industry by branching out internationally....
Indian cement profits seen robust on firm prices
Indian cement makers are expected to report a jump in quarterly profits, boosted by higher prices amid a surge in construction, but analysts say business may pause briefly for t...
26% duty on imported cement
The anti-dumping and Subsidies Commission (ADSC) has made an affirmative final ruling in the Safeguard Investigation regarding imported building cement. The ADSC has recommended...
Mary Nour waits at Tampico anchorage
Blocked by a Mexican court order from entering the port of Tampico on Mexico’s Atlantic coast, the 34,194dwt Mary Nour, owned by the Jordanian-based CTI Group, and complete with...
Rinker cements strong growth outlook
Cement maker Rinker Group has doubled its profit growth forecast less than a week after its former parent, CSR, also raised its estimate of likely earnings.
RMC makes Spanish acquisition
RMC Group, the world’s biggest ready-mixed concrete maker, announced on Monday the acquisition of Spanish rival Hormigones Ciudad Real S.A. (Horcisa) for Euro39m. RMC sai...
TPI: new cement capacity needed
TPIPL’s three existing cement plants are reportedly running at near full capacity with a utilization rate of 95% in 2Q04. TPIPL will need to build a fourth cement plant li...
Kiln death plunge inquiry
Work on the new kiln at Padeswood has been suspended following the death of a mechanical constructor who was working on a platform at the top of the 230ft-high steel tower at Ca...
Cimpor’s new overseas holding company
Portuguese cement producer Cimpor has set up holding company Cimpor Inversiones to manage the group’s holdings in companies outside Portugal. Cimpor Inversiones will opera...
Cemex Tampico port row
With the Port of Tampico, Mexico declaring that the incoming cement storage and transhipment vessel, Mary Noor poses no risk to passing traffic, and perhaps the Cemex claim that...
Rates now on the rise
Despite the announcement that Chinese industrial production is feeling the first effects of the credit squeeze organised by local authorities to avoid overheating, dry bulk mark...
Home improvements Tucson style
Blame tariffs. Blame Tucson’s unending growth. Blame China’s industrial ramp-up into an economic superpower but however you look at it cement is getting harder to fi...
Trial of "cement gang" demanded
A statement signed by 785 Palestinian figures has called for trying the "cement gang" that supplied the Zionist entity with Egyptian cement shipments that were used in the separ...
YTL confirms purchase
YTL Cement Bhd is buying a 32.1 per cent stake in Perak-Hanjoong Simen Sdn Bhd (PHS) – the country’s second largest integrated cement producer – from Doosan Heavy Industri...
Cement prices drop after ministry intervention
An official source from Omani Ministry of Commerce and Industry has said measures made recently by the ministry’s consumer production department to regulate export of local ceme...
Baltsem increases output By 13.3 per cent
The Baltsem company (Balakliia, Kharkiv region), one of the three major cement producers in Ukraine, increased output by 13.3% or UAH 6.29 million compared with April-June 2003,...
Mykolaivtsement ends 2003 with Profits
Mykolaivtsement company (Mykolaiv, Lviv region), finished 2003 with net profits of UAH 8.876 million. According to the statement, Mykolaivtsement increased incomes by 24.9% in ...
Lafarge H1 sales to keep pace with strong Q1 as pricing improves
Lafarge will report a solid rise in first half sales on Thursday before markets open as good weather and an improved pricing environment sustain the performance from a very stro...
News from Russia
VostokCement holding maintained cement production in the first half of this year on same level as a year before (406,300 and 406,100t respectively) but reduced clinker output by...
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