Cement News tagged: International
WAPCO’s turnover rises significantly
The West African Portland Company Plc (WAPCO) has announced a turnover growth by N7.3 billion, representing 82.9 per cent increase for the nine months ended September 30, 2004. The unaudited financia
Thai TPI Polene expects sales growth in 2005
Thai cement producer TPI Polene PCL expects its sales this year to grow by 10-15 per cent on year, thanks to growing domestic demand and also higher cement production, a company executive said Tuesday
Indonesia 2005 cement demand to rise
Domestic cement demand this year may rise by up to 10 per cent from the 30Mt seen in 2004, on the back of the government’s plan to launch infrastructure projects, the Kompas daily reported, qu
Cement firms need protection
The Cement Manufacturers Association of the Philippines (CeMAP) yesterday reiterated that the local cement industry should be strengthened first before tariffs are removed. CeMAP president Felix Enric
Peru’s 2004 cement sales rise
Peru’s overall cement sales in 2004 rose 9.3 per cent to 4,541,978t in 2004 from the 4,154,365t sold in the previous year, the National Association of Cement Producers, or Asocem, said Monday.
Modern Cement second unit starts operation
Modern Cement Ltd (MCL), a Bang;ladeshi grinding operation, yesterday launched operation of its second grinding unit catering 600t of cement daily to the huge market demand. With the launching of this
Cement firms to profit from building boom
India’s leading cement producers are set to report a surge in quarterly earnings, driven by a construction boom in Asia’s fourth-largest economy. Rising middle-class incomes in an economy
Andalas seeks to double cement output
In view of the estimated rise in demand for cement in years to come, cementmaker PT Semen Andalas Indonesia (SAI) will speed up plans to build a plant in Langkat, North Sumatra, while reconstructing i
Gopeng declines YTL offer
YTL Cement said Gopeng Bhd has declined the general offer the cement company made for the latter’s 35.16 per cent stake in Perak Hanjoong Simen Sdn Bhd. YTL Cement said it received Gopeng’
Cement prices remain under pressure
Siam City Cement’s management has a positive view on the outlook for domestic cement demand this year and expects domestic cement consumption to expand by 10 per cent, compared with 12 per cent growth
Saurashtra Cement plans 1.1Mt capacity expansion
Saurashtra Cement, belonging to the Mehta Group, has expansion plans to the tune of Rs 240 crore, which are currently under implementation. The group has similar plans of Rs 75 crore for its other cem
Cemex will get no priority to develop works
Indonesian government would not give any privilege for Cemex Asia to set up new cement manufacturing in Indonesia when the government invited investors to do business in this sector. The State Ministe
PPC sees full-year profit up on growing sales
South Africa’s biggest cement producer, Pretoria Portland Cement, expects full-year operating profits to increase thanks to robust sales, the company said on Friday. "We still expect that local
Proposed sale of Tuban cement plants rejected
The Lower House of Parliament’s (DPR) Commission VI has rejected a government plan to settle its dispute with Cemex SA with the sale of PT Semen Gresik cement plants Tuban I, II, and III to the
Strabag to build cement works in Kiralyegyhaza
Hungarian construction company Strabag Rt may start the construction of a cement plant in Kiralyegyhaza, southern Hungary, worth around US$140m, it was reported on January 13, 2005. Strabag, a subsid
Indonesia’s Dec cement demand up
Indonesia’s domestic cement consumption was 20.8 per cent higher in December than a year earlier, while full-year sales rose a higher-than-expected 9.1 per cent, industry data showed on Friday.