Cement News tagged: International
Taiwan Cement, Asia Cement reap rich harvests in China
Taiwan’s two leading cement producers, namely Taiwan Cement Corporation and Asia Cement Corporation, are reaping harvests in mainland China.
Oman’s Raysut Cement Q2 profit slows on sales
Raysut Cement Co, Oman’s largest cement firm by market value, posted its slowest profit growth in almost two years in the second quarter missing an analyst’s expectation.
Ukraine production up 21.4 per cent
Ukraine production increased 21.4 per cent to 6.921Mt in the first six months of 2007 YoY. June saw 1.4Mt of cement produced, a 7.4 per cent increase over June 2006, the State Statistics Committee r
Vietnam Produces 17.5Mt of Cement in H1
Vietnam’s cement factories are estimated to have produced 17.5Mt of cement in the first half of this year, up 12.3% on-year and fulfilling 49.5% of the full-year target, said the Ministry of Construct
Thai TPI Polene Q2 net profit rises, beats forecast
TPI Polene (TPIPL), Thailand’s third largest cement firm, said on Friday its second quarter net profit more than doubled, beating analysts’ expectations.
Shiva cement to expand capacity
Shiva Cement Ltd has approved its proposed plant expansion to 2.6Mta at a board meeting on July 21, 2007
Prosperity Minerals Chaodong Gets Regulatory Approval
Prosperity Minerals Holdings Ltd said Monday that the share restructuring at Anhui Chaodong Cement Co. Limited has now received all the necessary regulatory approvals.
Regulatory ok for Holcim take-over of Bulgaria plant
The Bulgarian unit of Holcim has secured the approval of the local anti-trust authority for the acquisition of a 90.42 per cent stake in
Cemex 2Q net profit rises six per cent
Cemex said Thursday its net profit rose 6% year-on-year in the second quarter, with sales increasing in all regions around the world where the company operates except for the U.S.
Shree Cement April-June net profit up 29 per cent
India’s Shree Cement Ltd. on Thursday posted a 29 per cent rise in April-June net profit on improved price realisation and sales, beating analyst expectations.
Cement shares fall as gas squeeze hurts RAK CEment
Cement shares in the United Arab Emirates and Oman fell after second-quarter profit at Ras Al Khaimah Cement Co. plunged as a shortage of gas supplies forced it to use more expensive fuels.
Holcim Bulgaria gets green light to acquire domestic building materials company
Bulgaria’s anti-trust regulator said on Thursday it gave the green light to the local unit of global cement maker Holcim to acquire a majority stake in building materials manufacturer ZSK Kremi
Cement firms to maintain growth rates
Cement companies in northern India saw good sales but static prices in April-June quarter, while those in southern and western parts saw sluggish volume growth but better prices, analysts said.
UK cement producers rubbish cartel claims
Cement makers have reacted angrily to further claims from independent quarriers and concrete producers that the sector is anti-competitive.
Taiheiyo Cement may revive U.S. acquisition talks
Taiheiyo Cement Corp. may revive talks to acquire a ready-mix concrete maker in the United States for which negotiations broke down last month, the president of Taiheiyo’s international company
China National Building Material to expand production capacity
China National Building Material plans to raise cement clinker production capacity to 30Mt.