Cement News tagged under: Costs
Russian cement producers warn of escalating costs22 November 2023, Published under Cement NewsLeading cement producers in Russia have warned domestic regulators of a 17-30 per cent rise in production costs next year, caused by continually increasing costs related to logistics, energy and personnel. The result will inevitably lead to a rise in cement prices over the coming several months, they caution. Representatives of Soyuzcement, the national cement manufacturing union, have already sent a letter to Russia's Ministry of Economy and Ministry of Industry and Trade, informing the ... |
MPA welcomes electricity network compensation in UK25 October 2023, Published under Cement NewsUK producers of cement and lime have welcomed the government's plans to boost UK competitiveness through compensating for high network charges as part of the ‘British Industry Supercharger’. The Mineral Products Association (MPA), which represents UK cement and lime manufacturers, says the network charges compensation announced by the Department for Business and Trade will ease electricity costs and narrow the disparity between the UK and EU industrial electricity prices. Combined with ot... |
Morgan Stanley rates UltraTech Cement rated ‘Overweight’02 May 2017, Published under Cement NewsUltraTech Cement has been rated ‘Overweight’ by Morgan Stanley with the EBITDA beat driven by costs, the research house notes. Morgan Stanley cited gradual improvement in industry cement demand, UltraTech Cements's positioning with timely capacity additions and its pan-India presence. Cost focus should further aid growth, it highlighted. "We believe current multiples are sustainable, as we project 25 per cent EBITDA CAGR over FY17-19. UltraTech reported a seven per cent YoY decline in FY1... |
It's all about the costs26 August 2016, Published under Cement NewsDr Clark considers the value of measuring and comparing the costs of making cement as the first step to optimising, ie minimising, those outlays as he discusses cost benchmarking and optimisation. Raw materials can be cheaper to extract with bulldozers The Technical Forum has covered many technical topics related to the production of cement over the years. However, we must always keep in mind that cement-making companies and factories must also be money-making operations to s... |
European cement industry carbon costs cannot be passed onto customers15 February 2016, Published under Cement NewsOne of the issues during the debate on the future of the EU Emissions Trading Scheme (EU-ETS), is the ability (or not) of a sector to pass on to their customers costs arising from to the purchasing of CO2 allowances. “Based on a recent study commissioned to PricewaterhouseCoopers (PwC), it is clear that the European cement industry cannot pass through these additional carbon costs onto its customers,” according to European cement association, CEMBUREAU. “This is demonstrated by both econo... |
Shanshui Cement announces 2013 gross profits of US$617.7m24 March 2014, Published under Cement NewsDuring the 12-months ended 31 December 2013, China Shanshui Cement Group Ltd’s revenue reached CNY16,535m (US$2667.85m). Gross profit was CNY3829m while profit from operations reached CNY2557m. Profit attributable to equity shareholders of the company was CNY1017m. Basic earnings per share reached CNY0.36. The Board recommended the payment of a final dividend of HKD0.092/share (US$0.01/share) for the year ended 31 December 2013. Mr Zhang Bin, chairman and general manager of Shanshui Ceme... |
Paraguay: INC back in profit, says company president24 March 2014, Published under Cement NewsParaguay’s Industria Nacional del Cemento (INC) is yielding profits again, according to its president Jorge Méndez Cuevas, although the company remains US$60m in debt. “INC’s average monthly losses totalled nearly PYG4.5bn (US$1.017m). From September 2013, we started to yield positive results. That month posted a net profit of PYG1.43m, in October PYG955m, in November PYG1.03bn, in December PYG4bn and in January this year PYG1.283bn. We currently have a record PYG88bn in the treasury and ... |
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