Cement News tagged: International
Cemex expands operations in Pertigalete, Venezuela
Cemex of Mexico has announced that it has expanded its operational and logistical platform in Venezuela so as to increase its supplies of cement to the domestic construction sector.
Lafarge to build third plant in Russia
Lafarge plans to start the construction of a new plant in Russia’s Kaluga Region south of Moscow in the autumn of 2007, to produce 2.5Mta, according to local news reports.
Cap sought on cement price rise, UAE
Limits must be imposed on the frequency and percentage increase of hikes in the price of cement, say manufacturers of concrete products used in the construction industry.
South Africa cement sales strong
South African cement sales accelerated to a 17.8% YoY increase in April to 1.098Mt despite the disruption caused by many public holidays in the month after rising by 15.8% YoY in March, data supplied
UOKiK penalises cement price cartel, Poland
Cementownia Ozarow has been ordered to pay a fine of PLN 2m (EUR530,000) for withholding information and obstructing the inspection process, the Office for Competition and Consumer Protection (UOKiK)
Holcim (Philippines) Q1 net profit PHP475.9m
Holcim (Philippines) Inc’s first quarter net profit jumped 174 per cent YoY to PHP475.9m, driven by higher sales.
Siam City Cement 1Q07 earnings beat expectations
SCCC reported a 1Q07 net profit of Bt1.1bn, up 0.2% YoY and 64.3% QoQ. The surge QoQ was attributable to the rise in sales volume in the domestic and export markets.
Burnpur Cement plans 1Mt plant in Jharkhand, India
Burnpur Cement Ltd (BCL), a West Bengal-based cement manufacturer, has tied up with ThyssenKrupp Industries India for setting up a1Mt at Patratu in Jharkhand
Cement dilemma could hit projects
The UAE’s booming real estate sector is under pressure from a sharp rise in cement prices and restricted supplies, Gulf News reported
CRH says year started well; European ops outweighing challenging Americas market
CRH has said its the year has started well with a strong performance across its European activities outweighing more challenging conditions in the Americas.
China’s output of cement in March 2007
China produced 93,086,000t of cement in March 2007
Pretoria Portland Cement Company interim results
South Africa’s Pretoria Portland Cement (PPC) reported domestic cement demand continued to grow at double digit levels and is evidence of the strong growth in the South African economy
Italcementi’s Medcem JV acquires 20 per cent in shipping firm Sider Navi
Italcementi SpA said its Medcem venture with the Romeo group has acquired a 20 per cent stake in shipping company Sider Navi, in a deal which gives Medcem a say in possible purchases of cement carrier
Govt not interested in Cemex plant construction
Honduras’ government is not presently interested in the possibility of Mexican cement company Cemex building a plant in the C
Steppe Cement FY Pretax Profit $21m
2006 saw Steppe Cement’s sales volumes increase by 4% and selling prices by 11% in Tenge over the previous year. Gross profit grew 11% for the operating company, CAC (Central Asia Cement JSC).
Conditions ripe for large-scale reshuffle of China’s cement industry
The conditions for large-scale strategic restructuring are ripe for China’s cement industry, while a number of big enterprises will grow strong in this process, according to a recent internation