Cement News tagged: International
Eagle Materials positive gains
Eagle Materials has just reported financial results for the fourth quarter ended March 31, 2006 and for fiscal year 2006. Eagle also issued guidance for the first quarter of its fiscal year 2007. Eagl
GCC launches new works
GCC of America hosted a kickoff party for its US$225m cement plant Monday. Federico Terrazas of Mexico, chairman of the board of Grupo Cementos de Chihuahua - GCC of America’s parent corporatio
Local investors encouraged to buy SG shares
Prominent figures urged local investors to purchase Mexico-based Cemex Asia Holdings’ 25.53 per cent stake in the country’s largest cement producer, PT Semen Gresik (SG), to avoid foreign
Cement groups line up expansion plans
The Indian cement industry could witness an investment of around Rs 20,000 crore over the next one and a half years, as cement companies are adding capacities to meet huge demand in the world’s
Cement valuations firm on rising demand
Market valuations of cement companies in India are on the higher side, based on the enterprise value (EV) per tonne. The top four Indian cement companies are valued at US$150 and above, analysts say.
Resources and energy supply hold key
Resources and energy sustainability will be the keys to healthy development in the housing market, says the China Cement Association. "Insufficient [land] and energy could pose problems for the housin
Ministry to analyse firms’ production costs
The Thai Internal Trade Department plans to use an economic production cost analysis system as its guide to assess manufacturers’ requests to increase retail prices. In announcing the new appr
Cementing the No 1 status
After making an emphatic move in the telecom arena, buying out Tata’s stake in Idea Cellular for Rs 4406 crore, Kumar Mangalam Birla has turned his attention back to one of his favorite commodit
Climbing production costs in Thailand
Increasing costs of production are beginning to bite into the operations of manufacturers of consumer goods. For many, retail prices are becoming their biggest concern. Siam Cement Plc, the country&
Production of cement in Russia up in 1Q2006
For the first quarter of 2006 production of cement in Russia grew 4.6 per cent, outstripping growth rates in the same period 2005 by 1.6 per cent. In total, over the January-March 2006 period 8.1Mt
Eastern Cement launches new clinker line
Eastern Province Gov. Prince Muhammad ibn Fahd yesterday launched the third clinker production line at Eastern Cement Company, increasing the company’s annual capacity to 3.3Mt of clinker. The g
Plan to stop gas supply to power, cement units
The Pakistani government has decided not to provide gas to the cement sector in future and divert additional gas supplies away from Wapda, KESC and independent power producers (IPPs) after 2011, owing
Jebel Ali Cement upgrades capacity
The JAC’s Board of Directors announced the appointment of Sharaf, who is also the Managing Director of Sharaf Industries, the industrial management arm of Sharaf Group. Sharaf takes over as CEO
Lafarge record first quarter sales
Sales were up 28.1 per cent to €3772m as at March 31, 2006. This compares to a weak first quarter in 2005. Volume trends were favorable, reflecting overall good weather conditions and growth in thos
Mexico’s Cemex eyes China, India, Brazil, Russia
Cemex has reportedly set its sights set on new business in four of the world’s largest nations – China, India, Russia and Brazil.
Grasim rules out cement price rise
Grasim said that cement prices will no longer ride north but stabilise at the present levels. “Going forward, I see the cement prices remaining at the present levels. Whatever hike in prices had to ha