Cement News tagged under: international
Ukrainian cement production grows 8% in Jan07 March 2008, Published under Cement NewsUkrainian cement production increased 7.9% YoY to 822,000t in January 2008, the industry association Ukrcement told local press. Ukrcement members produced 681,100t of cement, 1.5% more than a year earlier. Compared to the previous month, cement production was down 17.8% in January, including 19.2% by Ukrcement members. Ukraine increased cement production by 9.3% year-on-year to 14.995 million tonnes in 2007, Ukrcement was reported as saying earlier. Ukrcement members produced... |
Spain Andalusia cement sector attracts EUR300m investments07 March 2008, Published under Cement NewsThe cement sector in Spain’s southern Andalusia region attracted investments of a total EUR300m in the past three years, according to data of the regional cement and environment foundation FLACEMA published on March 6, 2008. A total 55 per cent of the sum was allocated to environmental initiatives. Spain’s whole construction sector is facing a slowdown and cement producers have to make further efforts in order to keep their productivity, president of FLACEMA, Manuel Parejo said. Co... |
Indian cement export falls by 40% in FY08 on rising local demand07 March 2008, Published under Cement NewsCement exports from India declined by 40% in the April-January period this fiscal compared to last year due to rising domestic demand and consequent attractive realisation at home compared to export market. India exported 3.13Mt in the April-January period, as against 5.14Mt in the same period last year. For the same period, the export as a percentage of total domestic cement production declined from 4% last year to 2.3% this year. India produced 136Mt of cement in the given period, eve... |
Ciments Francais posts EUR564m net profit 200707 March 2008, Published under Cement NewsCiments Francais, a unit of Italcementi, closed 2007 with a net profit of EUR564m (US$868.3m), down by 4.4 per cent YoY. Consolidated net profit fell 7.3 per cent to EUR466m (US$717.5m). The consolidated revenue of Ciments Francais stood at EUR4.685bn, a rise of 6.9 per cent. EBITDA went down 0.4 per cent to EUR1.209bn (US$1.861bn). The investments made over the period amounted to EUR587m (US$903.7m). The net financial debt of the French cement supplier totalled EUR1.513bn at December 3... |
Asia leads Ciments Français’ growth07 March 2008, Published under Cement NewsCiments Français, which covers virtually all of the non-Italian operations of the Italcementi group, improved turnover last year by 6.9% to €4,685.2m, but the EBITDA declined by 0.4% to €1.209.1m as a result of the US downturn. The trading profit was off by 2.1% to €853.4m. Financial charges were 1.0% lower at €93.1m, but a higher tax charge and an 11.7% increase in minorities to €97.7m left the net attributable profit 7.3% lower at €465.9m. Capital expenditure and acquisitions emerged 22.... |
Frere’s GBL holding increases Lafarge stake06 March 2008, Published under Cement NewsThe holding company of Belgian billionaire Albert Frere and Paul Desmarais has raised its stake in Lafarge to just over 20 per cent, France’s AMF stock market regulator said on Wednesday. The AMF said in a regulatory filing that the Groupe Bruxelles Lambert holding company now had 20.04 per cent of Lafarge’s share capital, up from a previous stake of just over 18 per cent. |
India Cements hunts for coal06 March 2008, Published under Cement NewsAfter buying ships to ferry coal to its cement plants spread across in South India, The India Cements Ltd (ICL), is heading to acquire coal mines itself. The mandate now is to buy mines in Indonesia. According to sources, ICL has sought the services of a "coal facilitator" in Indonesia to shop for mines there. "We are getting a lot of offers, we are evaluating each. A decision would be taken soon," official sources said. The reason to buy coal is simple: The company consumes some 0.9Mta of ... |
Eurocement Group Ukraine ends 2007 with profits of UAH238.3m06 March 2008, Published under Cement NewsEurocement Group Ukraine company, is a subsidiary of Moscow-based Eurocement Holding, ended 2007 with net profits of UAH 238.334m. Assets of the company by late 2007 totaled UAH1420.1m. The company ended 2006 with net profits of UAH98.077m. Eurocement Group created Eurocement Group Ukraine in June 2005 for managing its plants in Ukraine and implementing its investment and environmental projects as well as for modernizing them. Eurocement Group’s Ukrainian enterprises have... |
Nigeria: Work to begin on Dangote’s Ibese cement plant in June06 March 2008, Published under Cement NewsWork will start at the Ibese Cement plant in Yewa North Local Government, Ogun state in June this year, Alhaji Aliko Dangote, Chairman of Dangote Group has said. Dangote, who just returned from a trip to China, told newsmen in Abeokuta yesterday that the group had signed a Memorandum of Understanding with a consortium of companies. The consortium is led by Chinese firm, Sinoma International Engineering. |
Holcim seeks transit to export clinker to India over Bangladesh06 March 2008, Published under Cement NewsHolcim has requested the Commerce Ministry to give it the transit facility for transporting clinker from Chittagong port to India through the land ports on the border. Sources in Commerce Ministry and National Board of Revenue told UNB that Holcim wants to reach clinker to feed the Indian cement factories that will meet the cement of northeastern states, popularly known as Seven Sisters. Holcim has three cement plants in Bangladesh. NBR formed a committee to examine the reque... |