Moroccan Lafarge Ciments posts good profits
Moroccan cement company Lafarge Ciments’s 2003 consolidated net profit rose 13.6 per cent year-on-year to 784 mln Moroccan dirhams (US$87.6m), the company’s CEO Jean...
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BBL approves new TPI debt plan
Thai Petrochemical Industry Plc’s (TPI) largest creditor, Bangkok Bank Plc (BBL), said it has approved ’in principle’ TPI’s new debt restructuring plan. ...
Thai: strong cement sales in February
Domestic cement demand rose impressively by 16 per cent YoY and 10 per cent MoM to 2.4Mt in February. Cement demand for the first two months also grew by 11 per cent YoY to 4.1M...
Thai export curb mooted
All eight local cement manufacturers have been asked to review and even consider cutting back exports after Prime Minister Thaksin Shinawatra raised concerns about the industry&...
Mr Schmidt’s sea stories
Ghana Cement (Ghacem) part of the HeidelbergCement group has attributed the recent increase in the price of cement to high freight charges especially of clinker, limestone and g...
Orissa Cement plans expansion
According to The Times of India, Orissa Cements (OCL) has embarked on a Rs 400-crore expansion plan to emerge as a dominant player in the eastern region. The plans include enhan...
Anhui Conch building cement production lines in Xuzhou
Anhui Conch Cement Co. Ltd. one of China’s largest cement makers, has started a project of two cement production lines in Xuzhou City with Xuzhou Municipal Government of J...
INC settles foreign debts
The state owned cement major INC (Industria Nacional del Cemento) in Paraguay has settled the payment of US$800,000 with French banks, reducing its debt to US$2.65m. Prior to th...
Boral delay on AdBri deal
Boral has extended for the second time its A$1 billion-plus takeover offer for cement maker Adelaide Brighton until May 7. The move was not unexpected, as the company awaits re...
Cement prices up Rs 20 per 50 kg bag in south
Domestic cement majors operating in the southern markets of India have increased the prices of 50 kg bag by Rs 20. According to sources, the firms may go on a despatch holiday ...
Cemex clinker line to commission shortly
A US$130m clinker production line that Cemex’s Dominican Republic subsidiary is building will begin operations next semester, the Dominican Republic government reported. ...
Record sales underpin Fancesa profits
Bolivian cement producer Fancesa achieved record sales in 2003 and generated profits of 53mn bolivianos (US$6m), Sucre daily Correo del Sur reported. Sales for the year of 324,...
New rules for cement imports in Iran
Imports of cement by the private sector and in packages which clearly show where the cement has been produced will be free and without any fixed price by the government in the c...
Cement firms to build port facility
Two cement companies are joining forces to construct a new facility at the Port of Houston to supply more than 1.5Mta of cement a year to the local construction market. Kansas-b...
Cement makers reach limits
Pakistani cement manufacturers claimed to have exhausted the existing production capacity of 17.16Mta - 100 per cent output capacity utilisation and the highest since last five ...
Guj Ambuja cement shipments up
Gujarat Ambuja Cements Ltd (GACL) along with Ambuja Cement Eastern Ltd. and Ambuja Cement Rajasthan Ltd. has dispatched 13.24Mt of cement during April-March 2003-04 against 11.8...
Wienerberger continues to grow
The leading clay products group Wienerberger AG has reported an increase in turnover for last year by 10.5 per cent in 2003, to €1826.9m and an operating profit at the EBITDA le...
Jaypee Cement plans new unit
India: Jaypee Cement Ltd is planning to set up a 4.5Mta grinding plant at Tanda in Uttar Pradesh with an investment of Rs750 crore. "This is a big investment in UP, and we are e...
Indian prices continue to rise
On average, Indian cement prices continue to escalate and are likely to touch Rs 175 a bag, causing concern in the construction industry. Industry sources said this was a sharp ...
Garadagh Cement price-cut
Recently, the price per one ton of Portland cement SEM II 40 Mpa produced by Garadagh Cement J.S.C. was reduced by AzM 10,000 (US$2) following a resolution of the management of ...
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