Imerys’ running profit advances
Turnover at Imerys declined by 4.7 per cent to €2,729.2m as exchange rate movements took their toll, but at the underlying level there was a 2.8 per cent increase. The EBITDA e...
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Cement projects planned
India: possible number of small cement projects mooted for Idia’s north east region, particularly in Manipur as the seventy per cent of the cement used in the region has b...
Pakistan to help Yemen cement industry
Commerce Minister, Humayun Akhtar Khan said that Pakistan will extend technical support to Yemen for establishing cement industries in Yemen. He said that Pakistan and Yemen wil...
Combined Net Profit of Saudi Cement Companies
Combined net profit of the eight cement companies operating in Saudi Arabia stood at 2.5bn Saudi riyals (US$667m) for 2003, up from 2.2bn riyals in 2002. The largest net profit ...
Cement plant for Rafsanjan
Iran has started the construction of a cement plant with a daily capacity of 3500t in Rafsanjan, in the eastern province of Kerman. The construction is financed by the private ...
Former Taiheiyo director appointed to Ssangyong
Tadashi Suzuki, formerly of Taiheiyo Cement Corp, will become president of South Korea’s largest cement manufacturer, Ssangyong Cement Industrial Co., in which the Japanes...
FLS is looking to sell Aalborg Portland and Unicon
Turnover at FLS Industries declined by 9.3 per cent to DKr14,911m (€2006.6m) in 2003, principally reflecting the divestment of non-core businesses. Continuing high processing c...
UK – Tyres to power profits
RMC will be firing up its new plant at Rugby with shredded car tyres as part of a move to save UK£50m, restoring profits by next year.
Saudi Southern Province improves
Saudi cement producer, Southern Province Cement (SPC), reported a total output of 3.8Mt of cement for 2003, compared to 3.7Mt for 2002, recent statistics showed. Local sales st...
Dalmia Cement to set new plant
Dalmia Cements Bharat is to set up a brownfield cement manufacturing unit at Dalmiapuram, Tamil Nadu, at an approximated cost of Rs365 crore (US$80m). This is part of the compan...
East African Portland battle
Nairobi: a local cement distribution battle is beginning to have more far-reaching consequences for both government and the plant’s owners according to local news reports....
TPI Polene gains
TPI Polene Plc (TPIPL), the country’s third-largest cement producer, projects that its 2004 income will expand by at least 15 per cent from last year’s income of 19 billion baht...
Import duty cut on coal
The Indian government’s move to slash import duty on coal to arrest spiralling steel prices has an unintended beneficiary: the cement industry. Larsen & Toubro and Gujarat...
German losses depresses RMC results
Turnover at RMC Group declined by 2.0 per cent in 2003 to £4873m (€7056.2m), while the operating profit at the EBITDA level remained unchanged at £456.7m (€661.3m). The trading...
Lion’s Share scooped Up by 20 big Investors
Kamol Leosivikul, president of Mida Assets, topped the list of investors purchasing new shares of TPI Polene in January, according to papers filed with the Securities and Exchan...
Weather and currencies depress CRH
The Dublin-based building materials group CRH plc produced a 2.6 per cent increase in turnover to €11,079m, in spite of adverse exchange rate movements, particularly the US doll...
Petcoke burn needs govt approval
According to "Jordan Times", the government assured Fuheis citizens that it is committed to improving the environmental situation in their area by minimizing the effects of the ...
Armenian investments
In 2004 Mika -Cement Armenian Factory will invest US$1m, according to the Executive Director of the factory Naira Martirosyan. She noted that since privatization of the factory ...
Saudi exports down demand up
According to Al-Riyadh newspaper (March 1, 2004), official statistics revealed that the total cement exports of the Kingdom of Saudi Arabia decreased to 1.8Mt in 2003, down from...
Pacasmayo profits tick up on Zemex purchase
Peru’s third largest cement maker Cementos Pacasmayo has reported 2003 profits of 56.8mn soles (US$16.9m), up 2.16 per cent up on the 55.6mn soles reported in 2002, accord...
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