Cement plants hope to offset losses with exports to Iraq
Leading cement companies are expected to increase their exports to the promising Iraqi market this year despite the security deterioration in some parts of the country. Lebanon ...
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Diamond Cement hopes of doubling production
Diamond Cement Ghana Limited (DCGL) is poised to double its current average daily production of 50,000 bags to 100,000 if the favourable market it has so far captured and the cu...
China’s cement output increases 23.8 percent.
China’s output of cement reached 180.30Mt in the first quarter of this year, an increase of 23.8 per cent over the same period of last year, according to statistics from the Sta...
Taiheiyo Cement To Resume Spending Abroad To Boost Output
Taiheiyo Cement Corp plans to ramp up its cement production overseas, starting with an investment of more than 10bn yen for a factory in the U.S. state of Arizona.
Grasim: The 4QFY04 cement push
Grasim, the diversified major in the Aditya Birla Group, has posted impressive results for the fourth quarter and full year ended 31st March 2004. While net sales have increased...
Lafarge’s first quarter volumes benefit from kinder weather
Lafarge has announced a turnover for the first three months of the year of EUR2,881m, an increase of 7.1% in absolute terms and of 11.7% at the underlying level, after adjusting...
Gulf Cement 1Q04 net profit surges
The net profit of UAE cement maker Gulf Cement Company surged 364 per cent YoY to AED35.7m (US$9.7m) for the first quarter of 2004. The company’s sales rose to AED96.4m (U...
Henan to build cement production line
Songji Group that is in Dengfeng City of Henan Province and the Hangzhou-based Jinjiang Group cooperatively invest CNY630m in building a power plant and a cement production line...
Rioclaro profit at US$4.18m in 1Q04
Colombian cement manufacturer Cementos Rioclaro SA said on April 27, 2004 its net profit for the first quarter of 2004 totalled COP10.979bn US$4.179m, down from COP11.477bn (US...
SCCC plant to resume production next week
The Department of Industrial Works said it expects the second cement plant of Siam City Cement Plc (SCCC) in Saraburi province to resume production next week after an explosion ...
Bhutan cement prices reach all-time high
At Nu 3,025/t (US$68/t) locally produced cement has reached its highest prices ever according to the Penden cement authority limited (PCAL) in Gomtu, Samtse.
Turkish Cimsa targets 900,000t sales in 2004
Turkish cement producer Cimsa targets to increase its white cement and clinker sales to 900,000t in 2004, from 800,000 in 2003. Cimsa is seeking to expand on the Russian market....
Good start to the year for Lafarge
Lafarge has reported a first quarter sales increase of 7.1% to EUR2,88m as at March 31, 2004 compared to weak first quarter 2003 sales of EUR2,691m.
East African Portland Cement appointment
Mr Lerionka Ole Tiampati, the managing director of Kenya Tea Packers, was yesterday named the CEO at East Africa Portland Cement (EAPC) company.
Gresik investment cancelled
Publicly listed cement producer PT Semen Gresik said it has decided to cancel a US$200m expansion plan in eastern Indonesia as the project is not feasible, according to local ne...
TPI Polene proposes new refinancing terms for US$ 1.1bn debt
Thai cement maker TPI Polene PCL has proposed new refinancing terms for its US$ 1.1bn debt, which will require a plan amendment, a legal adviser to the company’s creditors...
Chia Hsin unit considering secondary share placement
Chia Hsin Cement Greater China Holding, a spin-off of Taiwan-listed Chia Hsin Cement, is considering a secondary placement in Hong Kong after raising US$54m at the height of the...
Siam Cement posts record quarterly high
Siam Cement has posted a record-high quarterly net profit for the first quarter this year, thanks to strong showings of most its core businesses, particularly petrochemical and ...
Eagle Materials optimistic on outlook for volumes and prices
Eagle Materials, formerly Centex Construction Products, generated a turnover 17.1 per cent higher at US$502.6m for the year to the end of March 2004. The trading profit rose by...
China’s Anhui Conch Q1 net profit surges on sales, prices; sees big rise in H1
Anhui Conch Cement Co, China’s leading cement producer, said its first quarter net profit surged 443 pct YoY to 443.20m yuan, on the back of strong sales and an average Yo...
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