Cement News tagged: International
Argentina building permits, sales fall on slowdown
Argentina may release more data this week showing the country’s construction slump is deepening
Indonesia’s Mandiri to lend Semen Gresik US$460m
PT Mandiri Sekuritas said it will arrange a loan of more than IDR5 trillion (US$460 million) for Indonesian
Lafarge completes EUR1.5bn capital increase
Lafarge SA said Friday it has completed its EUR1.5bn capital increase.
Binani Cement 4Q net declines 68.70%
Binani Cement announced a substantial drop in standalone net profit for the quarter ended March 2009.
Peru’s Cementos Lima 1Q net falls
Cementos Lima SA said Thursday that its first-quarter net income totaled PEN42.7m (US$13.8m)
Indonesia demand down 5.8 per cent
Domestic cement consumption in Indonesia dropped 5.8 per cent in the first quarter of 2009,
Eagle Materials shows 4Q gain
Eagle Materials Inc. said Thursday its profit in the fourth-quarter for fiscal year 2009, which ended Marc
Cemex expects to deliver US$200m additional cost savings
Cemex announced today that it expects to realise an additional US$200m in cost savings from the
India’s Shree to invest in further capacity expansion
Shree Cement Ltd today said it will invest Rs 1,200 crore (US$239.04m) in the current financial year to
China National Building Material Plans Northeast Expansion
China National Building Material forecasts its new cement joint venture with Hony Capital in Northeast
Strong rural demand helps India cement companies profits
India’s top two cement firms beat expectations with quarterly profit rising by up to 23 per cent and analysts forecast the growth would be maintained in the near-term on strong rural demand
Japan: cement sales slid to 40-year low
Domestic cement sales fell to 49.16Mt last fiscal year, dropping 10% on the year to the lowest level since
India’s ACC March quarter net up 23 per cent
ACC Ltd posted on Wednesday a better-than-expected 23 percent rise in quarterly profit on strong sales volumes.
UltraTech Cement Q4 net up 9%
Ultratech Cement Ltd has posted a profit after tax of Rs 3094.60m for the quarter ended March 31, 2009
HeidelbergCement in talks to refinance EUR5.33bn
HeidelbergCement is in talks with banks to refinance and extend the maturity of a EUR5.33bn loan,
Indonesia: cement price hike quite reasonable
Indonesian cement producers felt that the cement price hike was quite reasonable as it was based on many