Cement News tagged: International
Steppe revenue up 23%, Kazakhstan
Steppe Cement Ltd said it recorded revenue for the year ended 31 December 2010 of KZT10,740m or 23% higher than KZT8,737m last year.
Lucky Cement posts 9% fall in second-quarter profit
Lucky Cement Ltd, Pakistan’s biggest producer of the building material, said second-quarter profit fell nine per cent after transport costs rose and exports to Gulf nations declined.
Turmoil in Egypt impacts cement industry??
The Egyptian cement industry is likely to be affected by the ongoing political turmoil which has seen government protesters taking to the streets across the country
PPC quarterly sales down five per cent
Pretoria Portland Cement Co, South Africa’s largest cement producer, slumped to a four-month low after the company said its cement sales in the country in the quarter through December declined
Vietnam exports forecast to rise by 500,00t
Vietnam will export 1.5Mt of cement this year, an increase of 500,000t over last year, according to the Vietnam Cement Association.
Nigeria targets 17Mt output
The Cement Manufacturers Association of Nigeria (CMAN) says estimated supply of 17Mt of local production of cement is achievable in 2011.
CR Cement buys Fujian cement plant
China Resources Cement said its wholly-owned subsidiary China Resources Cement (Longyan Yanshi)
Japan’s Cement demand hits 43-year low
Cement demand in Japan is estimated to have hit a 43-year low in 2010 because of a cutback on public works spending and a slump in private demand
New Kenyan firms ride on low prices to grow sales
Cheaper pricing has won newly set up cement manufacturers about 14 per cent market share from their rivals, signalling a deepening shift in the industry
Taiwan may impose anti-duty dumping on cement
Taiwan may impose an anti-dumping duty on cement products from China in the coming months if the government can confirm a negative impact on the local cement industry
Novacem raises UK£1.6m in follow-on funding
Specialist investor, the London Technology Fund (LTF), has made a follow-on investment into carbon negative cement company Novacem.
MI Cement receives financing for expansion, Bangladesh
MI Cement Factory Limited (MICFL), said today that it has received an overwhelming response for its Initial Public Offering (IPO)
Colombian November sales rise
Last November, almost 800,000t of cement were sold in Colombia, amounting to an increase of 11.5 per cent over the same month of 2009
Chaodong expects eight-fold rise in 2010 profit, China
Anhui Chaodong Cement predicts its net profit for fiscal year 2010 jumped eight-fold, according to a company filing
Gresik eyes US$444m profit, Indonesia
Indonesian state cement maker PT Semen Gresik targeting profits of IDR4 trillion (US$444m) this year, which would be a 10-15 per cent increase
Thai Siam Cement to sell THB15bn bonds in March
Thailand’s top industrial conglomerate Siam Cement Pcl said on Wednesday it planned to sell up to THB15bn (US$484.8m) of four-year bonds