Cement News tagged: International
Higher demand pushes Holcim Romania Q1 turnover
Holcim Romania said on its first-quarter turnover rose 10% YoY as a result of higher demand on the local cement market. The company posted EUR 16m in sales through
Eurocement acquires Baltsem, Ukraine
The Eurocement Group (Moscow), has acquired a controlling stake in the Baltsem plant (Balakliia, Kharkiv region), one of the three major cement producers in the Ukraine. As
US$320m cement company to be established in Saudi Najran
An SAR1.2bn (US$320m) cement company is currently under establishment in Najran, southern Saudi Arabia, local media reported. The company, called Al Rub’a al-Khali Cement,
Increased costs impact Juan Minetti’s Q1
Argentina’s second largest cement company Juan Minetti posted a 23m-peso (US$7.97m) consolidated net profit in the first quarter, down 20.1 per cent from 1Q04, Minetti reported to the country&rs
Growth in gypsum sales expected to moderate
The gypsum market in Thailand will likely expand at a slower pace this year than in 2004, according to Siam Gypsum Industry (Saraburi) Co, a Franco-Thai joint venture between
UAE Union Cement plans new mills
UAE Ras al-Khaimah cement manufacturer Union Cement is leading talks with international companies over the purchase and installation of new cement mills at its plant in the northern area of the emirat
Qatar cement shortage
Qatar is facing severe shortage of cement supplies. This is hampering several construction projects and delaying projects completion. Ministry of Economy and Commerce announced the setting up of a spe
High oil prices fuel construction growth
High oil prices are helping to accelerate the momentum of Bahrain’s construction sector and its rising contribution to GDP is set to continue, says The Nass Group Executive, Sameer Abdulla Nass, whose
Yemen to increase cement production
Yemen is to increase its cement production to 6Mt by 2007, Minister of Industry and Trade Khaled Rajah Sheikh stated.In his remarks to the press, the minister added that the ministry
Siam City Cement Q1 net up
Thailand’s second-biggest cement maker, Siam City Cement PCL , said on Tuesday quarterly net profit rose two per cent, lifted by public construction projects such as a new airport, but margins w
Holcim increases its Chinese stake
Holcim , the world’s second-largest cement maker, has increased its stake in Chinese cement maker Huaxin Cement Co. Ltd. , the Chinese company said on Tuesday. Holcim B.V. had bought an additio
European majors remain optimistic
European building materials producers Lafarge, Holcim and HeidelbergCement have reiterated their growth forecasts for 2005 despite the expected four per cent year-on-year decrease in demand in the sec
PPC reports 25 per cent growth in operating profits
Continued growth in domestic cement volumes and improved operational efficiencies helped Pretoria Portland Cement Company Ltd (PPC) post a 25% growth in operating profit to R646.9-million in the six m
Solid volumes with accelerating prices in Thailand
Domestic cement sales hit a post-crisis record at 3.1Mt (+22% YoY) in March. 1Q05 cement sales were strong at 8.4Mt, up 18% YoY and 22% QoQ. Strong cement sales are attributed to continued constructio
Italcementi and Arabian Cement
Italcementi SpA said its previous full year forecast for an operating profit in line with 2004’s Euro 788.5m, as stated under international accounting standards, now looks ’more difficult&
Holcim directors join ACC board
Two senior directors of Swiss cement giant Holcim have joined the ACC board, India’s second largest cement maker, on Friday following the acquisition of 34.7 per cent stake in ACC by Holcim. Markus Ak