Cement News tagged under: Volumes
Buzzi Unicem improves profit at lower volumes06 August 2012, Published under Cement NewsBuzzi Unicem’s first half turnover edged ahead by 0.9 per cent to €1,350.9m, but the EBITDA recovered by 7.7 per cent to €197.2m. For the full year Buzzi Unicem is maintaining its overall forecast of broadly unchanged numbers overall, but the expected geographical mix has changed. The first half trading profit increased by 34.4 per cent to €84.0m and the interest charge jumped by 35.3 per cent to €62.2m, giving a pre-tax profit still 36.3 per cent higher at €22m. After a tax charge 8.3 pe... |
Siam City Cement 2Q net profit falls, Thailand06 August 2012, Published under Cement NewsSiam City Cement Plc (SCCC), Thailand's second-largest cement producer, reported a 30.5 per cent drop in 2Q net profit although sales increased by more than 12 per cent as operating margins were hurt by lower cement prices and higher energy costs. In a filing to the Stock Exchange of Thailand on 2 August, SCCC said its net profit totalled THB809m in the quarter to June compared to THB1.056bn a year before. Net sales, meanwhile, rose 12.2 per cent to THB6.49bn as domestic cement consumption... |
European cement majors: first half trends06 August 2012, Published under Cement NewsThe last week has seen three leading European cement majors release first-half 2012 results: Lafarge, HeidelbergCement and Italcementi. The latest figures appear to confirm the upturn in North America, which, together with the emerging markets, have been the main drivers of demand as parts of Europe remain a drag on performance. While a slower volume growth environment persists, improved pricing and cost reduction measures continue to be central themes. In terms of market performance, wes... |
PCA: Congressional uncertainty could curtail future growth03 August 2012, Published under Cement NewsWith the first half of 2012 experiencing favorable weather conditions, gains in residential and nonresidential construction activity and robust gains in cement intensities, the new forecast from the Portland Cement Association (PCA) nearly doubles the expected increase in cement consumption for the year. PCA revised its spring forecast upward, anticipating a 6.9 per cent increase in 2012 from 2011 levels, followed by a 5.8 per cent jump in 2013 and a double-digit increase of 10.9 per cent... |
Bolivian sales increase by 7.36% in the first half01 August 2012, Published under Cement NewsThe Bolivian Institute of Cement and Concrete (IBCH) reported Tuesday that sales of cement in the country grew 7.36% in the first half of this year compared to the same period of 2011, with the department of Beni having the highest rate growth of cement demand with 85.34 per cent of the national total. According to the IBCH, in the first half total sales amounted to 1.27Mt, while in the first half of 2011 they reached 1.18Mt. In 2011, the rate of growth in cement sales reached 7.7 per c... |