Cement News tagged: International
Centex Construction Q3 profit rise
Centex Construction Products Inc said its quarterly profit rose 17 per cent, boosted by increased earnings from its gypsum wallboard and concrete and aggregates units and lower interest expense.
Barros key to AdBri bid
Australian building materials company, Boral, continues to negotiate the takeover of Adelaide Brighton. Boral has increased its bid for the cement company by $A0.05 to $A1.60.
Dontsement cuts output
In October-December 2003, cement production company Dontsement (Amvrosiivka, Donetsk region) reduced its production volume by 17.5 per cent from July-September.
News from Eurocement
Savinsky Cement Works (Arkhangelsk Region) has made 700,000 tons of cement in 2003, 41 per cent up on year, according to Eurocement which controls the enterprise.
Vinaconex to invest over US$3bn
The Vietnam Import and Export Corporation (Vinaconex) will invest more than 3 billion USD to implementing 11 major projects and 30 small-and medium-sized projects.
TPI Polene`s share offering snapped up
TPI Polene Plc (TPIPL)`s 300 million capital-increase shares sold out early on the first day of subscription yesterday, highlighting the prevailing frenzy for shares.
Siam Cement to Modernise Image
Siam Cement Group (SCC) is looking at ways to give itself a more modern image with a 60-million-baht campaign. Vice-president Kan Trakulhoon said the country`s largest industrial conglomerate wanted
Saudi Southern Province profits
Saudi cement producer, Southern Province Cement (SPC), posted a net profit of 500.8 mln Saudi riyals (US$133.5m for 2003, up from 482.4 mln riyalsfor 2002, it was reported on January 18, 2004.
Ruhunu Cement - bids for minority stake
The Sri Lankan government Monday invited bids for its 15 per cent stake in Ruhunu Cement as part of its 2004 privatization program. Bids should be submitted by Jan. 30, the Public Enterprises Reform
SCCC`s new acquisition in India?
According to Business Day, India, Siam City Cement Plc is set to announce a new acquisition in India by the end of this month that would rival the deal it had hoped to announce when it was in the proc
Aussi builders brace for leaner years
The big four -- Boral Ltd, CSR Ltd, James Hardie Ltd and Rinker Group Ltd -- all rode the highs of Australia`s housing boom with record levels of activity and substantial profit increases. But 2004 is
ACC looks at finance options
Associated Cement Companies, India, is planning to raise about Rs300 crore to part finance its capital expenditure programme, which has been revised upwards following the acquisition of Idcol Cements
Usje workers demand dividends
The court in Macedonian capital Skopje is to rule shortly on a claim of workers of the local Usje cement plan, owned by a Greek-Swiss joint venture of cement producers Titan Cement and Holcim, that th
Loma Negra resumes investments
Argentine cement maker Loma Negra plans to resume investments in 2004 and forecast a sales increase of 8.0 per cent year-on-year, the company said on January 16, 2004.
Gujarat Ambuja net profits
Gujarat Ambuja Cements Ltd, India`s fourth largest cement maker, reported a 1.3 per cent drop in quarterly profit on Friday as a result of sluggish prices in its key market. The company, which has abo
Holcim increases stake in Alpha
Holcim invested in Russia`s opening cement sector as early as 1994, acquiring a minority shareholding in Moscow-domiciled Alpha CementJSC. Through the purchase of additional share packages, which ha