Cement News tagged: International
Arabian Cement Co 9-mo net profit down to USD 73.9m
Saudi cement producer Arabian Cement Company (ACC) registered a decline in net profit to SAR277.4m
JK Cement’s UAE project in limbo
The 2.2Mt UAE cement plant by Kanpur-based cement maker JK Cement, which was scheduled to go
UltraTech Building Solutions outlet in Latur
UltraTech Cement Ltd has opened two retail outlets in Latur district of Marathawada region. UltraTech
UAE: $60bn to be spent on ongoing projects this year
Despite gloomy global economic scenario, there is still a plan to spend US$60 billion (Dh220bn) this
Supreme Court orders St. Lawrence Cement to pay $15m fine
St. Lawrence Cement is liable to pay $15 million in damages to a Quebec City neighbourhood, even
China Resources may list cement arm in ’09
China Resources Holdings may put off the listing plan of its cement unit until early next year due to the poor market conditions
India: Cement industry set to take a big hit
India’s cement industry, which rode on a building boom to become the world’s second largest cement
Jaypee cement unit in AP
The Noida-based Jaypee Group will be setting up a cement manufacturing facility in Andhra Pradesh with
Cimpor nine-month profit seen down 27%
Portuguese cement producer Cimpor is expected to announce a 27% YoY drop in net profit to EUR156.3m in the first nine months of 2008, the average projections of analysts
Indocement predicts slowing revenue growth in 2009
PT Indocement Tunggal Prakarsa of Indonesia foresees single-digit growth in revenue next year as cement demand
Chavez: Nationalisation agreements on schedule
President of Venezuela Hugo Chavez says Venezuela has settled its payment plan for a steel company nationalised in May and is making progress in other negotiations.
GCC cement makers Q3 profits down
The GCC cement sector saw a 15 per cent decline in profits in the first three quarters of 2008.
China cement prices fall in cold season
China’s cement market remains volatile as the effect from economic stimulus policy has not spread to the sector, said analysts.
Net profit of Egypt’s Misr Beni Suef Cement increases by 5.6% in Jan-Sep.
The net profit of Egypt’s cement company Misr Beni Suef increased by 5.6% to EGP 223.3m (US$40.3m)
Five Banks ready to provide US$800m fund to Semen Gresik
Five banks jointly in the syndication readied to disburse US$800m or IDR9.2 trillion loans to PT Semen
Lafarge CEO: energy price drop positive in 2009 if it continues
The recent drop in energy prices will have a positive impact on Lafarge in 2009 if the trend continues,