Cement News tagged: International
Turkish production grows 12.9% YoY in Jan-Feb
Domestic cement production increased by 12.9%YoY to 6.08Mt in Jan-Feb, according to data of the Turkish cement manufacturers’ association (TCMA).
Power cut to cost Mugher over 150mln birr in lost revenue
Mugher Cement Enterprise of Ethiopia is set to lose 150.3 million birr in lost revenue this month due to power cut
HeidelbergCement Rises on Merckle Refinancing Talk
HeidelbergCement rose in Frankfurt trading on speculation that its majority owner is close to a refinancing agreement.
Titan advances in Egypt, but falls elsewhere
Titan’s first quarter turnover declined by 9.5% to €307.9m while the EBITDA fell by 18.8% to €62.3m.
Titan net seen down 48 per cent
Titan is expected to post a 48 per cent drop in first-quarter net profit, hurt by weak construction activity in
Lafarge Malayan Cement Bhd posts 53 per cent YoY rise
Lafarge Malayan Cement Bhd has recorded a 53 per cent YoY jump in first quarter pre-tax profit to RM101.096m (US$28.7m) despite lower domestic cement sales and higher cost of fuel and other materials.
Cimpor: improving Egyptian, Brazilian and African profits make up for drop in Spain
Cimpor’s first quarter turnover improved by 3.5% to €481.6m, thanks to the initial consolidation of India and good growth in Egypt, Brazil, Africa and China more than making up for the reduction
Taiwan Cement ups investment in Guangxi Province of China
Taiwan Cement Corporation, one of Taiwan’s leading producers, will invest US$100m to expand
Ukraine cement production falls
Cement production in the Ukraine fell by 44.4% in April 2009, compared with
Camargo Corrêa lines up projects in Paraguay and Angola
The Camargo Corrêa group is getting ready to expand its operations outside Brazil.
Indonesia production capacity to increase 2.5Mt
Indonesia’s cement production capacity will increase by 2.5M5 to 47.5Mt this year.
Indian cement sector on steady growth path
PTI reported that the cement sector continues to be steady with another 50Mta capacity to be added this
Arabian Cement Jordan plant to open in 2010
Muhammad Uthman, CEO of Saudi Arabia’s Arabian Cement, said the company will launch its first plant in
Peru: Cement sales to rise by more than 8%
Cement sales are forecast to total 7.34Mt in Peru in 2009, an increase of 8.3% over 2008 thanks to
Lafarge faces antitrust investigation by Romanian regulators
Lafarge is under investigation by the Romanian competition regulator for abusing its market power in
Heidelberg puts Hanson UK up for sale?
British materials giant Hanson UK has reportedly been put up for sale by HeidelbergCement, according to local press reports.