Cement News tagged: International
Orascom to double Algeria cement output
Egypt’s Orascom Construction Industries’ (OCI) Algerian subsidiary expects to almost double its cement output by June to meet rising demand, a senior executive said on Monday. "We
Semen Cibinong Q1 net loss up 31 per cent
Indonesia’s PT Semen Cibinong said its first quarter to March net loss widened to 138.94 bln rupiah, up 31 per cent from its net loss of 105.67 bln rupiah a year earlier because of higher operating ex
High interest in Mustehkam Cement
The Pakistan Privatisation Commission has received 38 expressions of interest (EoI) for 85.29 percent share of Mustehkam Cement Limited (MCL). Minister for Privatisation, Dr Abdul Hafeez Shaikh, decla
Russian cement sales
In the first three months of 2005, Russian cement enterprises produced 7.8Mt of cement, up 3.0% year-on-year. In the same quarter, the Eurocement Group produced about 1.9Mt of cement, thus matching it
Cartel Office authorises acquisition of Teutonia, Germany
HeidelbergCement obtained authorisation from the Federal Cartel Office to purchase the majority share in the Lower Saxony cement company Teutonia Zementwerk AG, Hanover.
Increased costs impact Cementos Lima’s Q1, Peru
Peru’s largest cement producer Cementos Lima posted a 23.3mn-sol (US$7.15m) net profit in the first quarter of this year, down 11.7% from 1Q04, the company said.
Cemento Argos Q1 profit jumps 201%, Colombia
Colombia’s largest cement producer Cemento Argos posted a COP130bn (US$55.6m) net profit in the first quarter of this year, up 201% from 1Q04, the company said.
Chumpol to end 13-year reign at Siam Cement, Thailand
Siam Cement president Chumpol NaLamlieng said yesterday he would take early retirement at the end of year, bringing to a close his 13 years at the helm of the country’s largest industrial conglo
7.8Mt of cement produced in 1Q05, Russia
Output of cement in Russia stood at 7.8Mt in January-March 2005, up three per cent from the figure posted in the same period 2004. Eurocement produced about 1.9Mt of cement in the first quarter of 200
Asia Cement to invest US$600m in China Ops
Taiwan’s Asia Cement Corp said it plans to spend over US$600m on building cement plants along the Yangtze River to meet demand in China over the next ten years, the Commercial Times reports.
Slovak Holcim (Slovensko) posts EUR 1.8m , Slovakia
Slovak building materials producer Holcim (Slovensko) posted a loss of 72m Slovak crowns (US$2.4m) for 2004.
China group to build world’s biggest clinker factory
The China Anhui CONCH Group plans to invest three billion yuan ($US362 million) in building three production lines, each with a daily capacity of 10,000 tons of cement clinker in Chizhou,
Thailand: India-based NIIT in IT alliance with cement maker Holcim
New Delhi-based NIIT Technologies has announced that it is scaling up its information-technology alliance with global cement-maker Holcim Group, The Nation reports.
RaK Cement agrees to raise capital to Dh 440m - UAE
The extraordinary general assemby of the Ras Al Khaimah Cement Company agreed today to raise its capital to Dh 440 divided into 440m shares. Board Chairman Dr. Abdul Rahman Al Sharhan said the company
SLA ban on cement spotlighted at Trinco tsunami event
Speaking at a cultural event Wednesday organized by the Provincial Ministry of Education and Cultural Affairs to mark the fourth month after tsunami disaster, Mr.Puratchi, Head of the Trincomalee Dist
Panel to study cement issues
A committee has been formed at the behest of the Ministry of Economy and Commerce to look into the causes of the ongoing cement shortage in Qatar and recommend ways to prevent such crises in future.