Pakistan Board of Investment mulls ban on cement exports
Pakistan’s Board of Investment (BOI) is weighing the prospects of preparing a summary aimed at banning the export of cement so that local availability can be ensured.
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Cypriot Vasilico Cement Posts US$7m net profit 2003
Cypriot cement manufacturer Vasilico Cement posted a net profit of US$7m for 2003 against US$12m for 2002, the company said.
Polpaico to invest US$15m this year
Chile’s Cemento Polpaico will invest US$15m this year, company general manager Eduardo Kretschmer said during the company’s annual shareholders’ meeting. The ...
Angola: producers expects to produce over 1Mta
About 1.3Mt of cement per year is the quantity that the New Cimangola will produce with the functioning, from April 2005, of a new mill of cement and the changing of the dischar...
Venezuela: sales rebound despite weak construction sector
Venezuela’s cement producers’ association APVC said cement sales for the first quarter have rebounded from last year’s general strike to 851,407t, up 59.9 per ...
Europe – Eyes are on newcomers
In Europe, eyes have turned on the 10 accession countries, which are due to join the European Union on 1 May. The EU’s environment commissioner Margot Wallstrom said she was opt...
Saudi Cement Co. net income up to US$25.33m in Q1
Saudi Cement Co reported that first-quarter net profit increase SR5m(US$1.33m) to reach SR95m (US$25.33m) from the same period a year earlier.
Cement shortage
The state of Florida is suffering a cement shortage and local construction companies are coming up empty – especially in their pockets.
Siam Cement (SCC): eExpected strong 1Q04
SCC is expected to a post strong 1Q04 profit due to the continued growing economy and the upward cycle in the petrochemical industry.
Third point designated for cement exports
The ministry of commerce has allowed export of cement to Afghanistan through the third transit entry/exit point of Ghulam Khan under the Afghan Transit Trade Agreement (ATTA), a...
Gujarat Ambuja Q3 net profit zooms 106 per cent to Rs 145 Crore
Gujarat Ambuja Cements Ltd (GACL) has posted a 106 per cent rise in net profit for the third quarter ended 31 March 2004 at Rs 145.23 crore as against Rs 70.63 crore posted in t...
Semen Gresik to increase revenue by 4-5 per cent
PT Semen Gresik Tbk targeted that the revenue of the company will grow by 4% to 5% this year in line with the assumption of the GDP of the country this year.
UK – Lafarge calls for debate on building material sources
Although the long-running story of the Lingerbay quarry has come to an end, the debate where building materials are to come from in the future, remains.
Zambrano in New York, but not China
Lorenzo Zambrano seems to be one of the few global chief executives not rushing into China - at least not yet. Such caution is uncharacteristic for Mr. Zambrano, the man who bui...
Holcim Romania 1Q04 turnover up 37 per cent
Holcim Romania has registered a 37 percent YoY increase in turnover for the first quarter of 2004. The company posted a revenue of EUR11m (US$13.1m) for the first three months o...
Fortune Cement posts 2003 profits
Fortune Cement Corp. posted a consolidated net income of P158m in 2003, a turnaround from net losses of P3.54bn in 2002 and P1.44bn in 2001.
Gresik says 2003 net up five per cent, excludes Padang unit
Indonesia’s largest cement maker, PT Semen Gresik Tbk, said on Friday its 2003 net profit, excluding a unit it regained control in September, grew about five percent to ID...
Semapa sells nine per cent stake in Cimpor
Portuguese cement company Semapa has said it has sold its entire nine per cent stake in rival Cimpor SA for EUR251m.
Chile – Cemento Melón inaugurates tyre burning
Chilean cement producer Cemento Melón has inaugurated a new system that will allow the company to burn used tyres in its No 9 kiln at La Calera. At a cost of US$1.5m, Melón envi...
New order for PMT-Zyklontechnik GmbH
The Lepol-kiln in the plant Wietersdorf/ Carinthia of Wietersdorfer & Peggauer Zementwerke GmbH will be upgraded to a modern preheater kiln with precalcination. Significant part...
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