Cement News tagged under: international
Tongling Shangfeng Cement’s second 5000tpd line operational03 November 2006, Published under Cement NewsTongling Shangfeng Cement Company’s second production line of has begun operation. Following the operation of this 5000tpd production line, the company’s actual production capacity will range between 1.5Mt and 1.75Mt. It is estimated that in 2007, the company will realize RMB800M in total sales income, with the tax approaching RMB200M. Currently, the company has two key factories, one in Trang Kenh, Thuy Nguyen district, northern port Haiphong city and one in Hiep Phuoc, Ho Chi Minh Ci... |
Boral sees housing construction in NSW to recover in 200802 November 2006, Published under Cement NewsBuilding materials company Boral Ltd expects the New South Wales housing downturn that was partly to blame for its recent profit downgrade, to recover some time in calendar 2008. Boral chief executive Rod Pearse today said a turnaround in the market was some way off, though it was hard to be definitive. Despite falling vacancy rates and real house prices, Mr Pearse said the building materials maker was yet to see a real recovery in housing approvals in NSW. He said the prospect of further... |
UMMC-holding to construct cement plant in Orenburg region02 November 2006, Published under Cement NewsHaving abandoned a plan to construct a cement plant in the Sverdlovsk region, Ural Mining & Metallurgical Company is going to implement the project in the Orenburg region. According to preliminary data, the plant’s capacities will total around 1.3Mta of cement. Lime for construction products will be mined at Orenburg deposits - Letneye and Osenneye, and processed at Gai GOK. Nearly all product of the new plant will be sold in Yekaterinburg, Kommersant-Ural said. |
Indocement nine month net profit up 3.6 per cent02 November 2006, Published under Cement NewsPT Indocement Tunggal Prakarsa Tbk , reported a 3.6 per cent rise in its nine-month net profit despite higher costs which pushed its operating profit lower. The company’s financial statement, showed a net profit of IDR557.84bn ($61m) for the January-September period compared to IDR538.27bn a year ago. Sales jumped 15.7 per cent to IDR4.82 trillion rupiah and gross profit rose 12.2 per cent to IDR1.75 trillion. The company, controlled by HeidelbergCement , saw its gross margin fall to 36.3... |
China’s export of cement in September 200602 November 2006, Published under Cement NewsChina exported 3,010,000t of cement in September 2006. The export in January-September reached 27,970,000t up 86.5 per cent. |
Titan: weaker US third quarter offset by strength in Greece and Bulgaria01 November 2006, Published under Cement NewsTitan produced a 19.5% increase in turnover to EUR 1188.2m in first nine months of 2006, with the operating profit at the EBITDA level advancing by 29.9% to EUR 370.1m. Cement sales in the period rose by 5.5% to 12.17Mt, with aggregates shipments rising by 15.7% to 17.59Mt and ready-mixed concrete volume by 9.1% to 4.54Mm³. Net debt at the end of the period was down to EUR 392m to a give very modest gearing level of 37.3%, though capital expenditure in the first nine months amounted to aro... |
Zhejiang Leomax Group establishes two 2500tpd lines01 November 2006, Published under Cement NewsZhejiang Leomax Group has signed an investment project agreement with the government of Anhui Suzhou city. According to the agreement, Leomax plans to invest RMB500M in the establishment of two 2500tpd cement clinker production lines in Suzhou city, Anhui Province. |
Cement prices up in Gujarat, & Maharashtra, India01 November 2006, Published under Cement NewsCement companies have raised prices by 5 rupees per 50kg bag in western states of Maharashtra and Gujarat from Nov. 1, an industry source said. The price range for cement after the increase would range from INR222-230/bag, a source from Cement Stockists & Dealers Association of Mumbai said. |
Ministry sets up cement forums to help investors01 November 2006, Published under Cement NewsIn efforts to curb the cement shortage by helping companies fulfil their plans on a timely basis, the Ministry of Trade and Industry (MoTI) has set up a forum to help new cement production investors come together and solve industry-wide problems encountered in project implementation. The forum chairman is Girma Birru, minister of Trade and Industry, who chaired the first meeting on October 16, 2006. The Chemical Industry Support Agreement Execution Department within the Ministry has alrea... |
Chilean producers increase profits01 November 2006, Published under Cement NewsChile’s top three cement producers - Bío Bío, Polpaico and Melón - increased profits during the first nine months of 2006 compared to the same year-ago period, according to separate reports filed with the country’s securities regulator (SVS). Cementos Bío Bío posted consolidated net profits of 43.0bn pesos (US$81.8m), a 117% jump on the 19.9bn pesos posted in the first nine months of 2005. Revenues increased 6.1% to 249bn pesos, while operating profit dropped 10.2% to 27.9bn pesos. T... |