Cement News tagged under: international
Boral says Q1 trading results down, not aware of takeover offer19 October 2006, Published under Cement NewsBoral Ltd says its trading results for the September quarter were significantly below last year, which was a pretty ordinary one for the building materials company. Boral, which has been hit by a slowing housing market and higher construction industry costs, also doused speculation it could be a takeover target of buyout firm Private Equity Partners and Cemex. Boral made the admissions after the Australian Stock Exchange (ASX) asked it to explain why its share price had jumped from $7.70 o... |
Two new cement brands harden market competition, Vietnam19 October 2006, Published under Cement NewsTwo new cement brands jumped onto the local Vietnamese market this week, which will make the competition tougher at a time supply is seen gradually outpacing demands. Lafarge Cement Vietnam Company yesterday announced its PCB40 cement of the brand Lavilla which the joint venture company said would be competitive on the market. One day earlier, FICO-Tay Ninh Joint Stock Cement Company (TAFiCO) also put its first products onto the local market after three weeks buying Phuong Nam Cement Fac... |
Indocement eyes 4-5% 2007 sales rise, Indonesia19 October 2006, Published under Cement NewsIndonesia’s second-largest cement maker, PT Indocement Tunggal Prakarsa Tbk, is aiming for between 4-5 per cent growth in its sales next year, in line with the overall industry, a senior company executive said. Chief Financial Officer Christian Kartawijaya said Indocement had managed to increase its domestic market share to 32 per cent currently from around 23-29 per cent in May, thanks to a better pricing strategy of its key product. "The outlook (for the industry) will largely depe... |
China’s cement industry sees positive trend in August19 October 2006, Published under Cement NewsIn August, the total profits of China’s cement industry continued to increase. The entire industry realized total profits of RMB1.149bn in August. In the first eight months, the realized combined profits were RMB6.699bn, a year-on-year increase of 134.94%. |
Vietnam to operate 11 new cement plants ahead of schedule19 October 2006, Published under Cement NewsThe cement industry in Vietnam will put into operation 11 new cement plants ahead of schedule, said the Ministry of Construction after implementing the cement industry development plan until 2010, a vision to 2020 for a period of time. A further, 21 other cement factories will operate as scheduled, including Haiphong cement plant, Song Giang cement plant and three others; 11 projects behind schedule and 17 projects have not been yet defined for time of operation. |
Domestic cement sales up 2.6 per cent, Indonesia18 October 2006, Published under Cement NewsIndonesia’s domestic cement consumption rose 2.6 per cent to 3.2Mt in September compared to a year ago, data from the country’s cement association showed on Wednesday. The country’s cement sales have been declining overall this year as the economy has slowed following a government decision to sharply hike domestic fuel prices last October to scale back costly energy subsidies. Sales in the country’s main island of Java from all producers edged 0.3 percent higher to 2.01Mt. Despit... |
GCC reports 3Q results, Mexico18 October 2006, Published under Cement NewsGrupo Cementos de Chihuahua (GCC) announced consolidated results for the third quarter of 2006. Net sales in the third quarter of 2006 increased 56.3% as a result of a combination of the following factors: 96.0% growth in international sales, driven primarily by the integration of acquired concrete companies in the U.S. and the cement company in Bolivia; domestic growth of 11.2%, which reflects Mexico’s dynamic construction sector; and a better pricing environment in all of our products ... |
Cement Shortage ’Temporary’, Kenya18 October 2006, Published under Cement NewsKenya is experiencing a cement shortage due to a surge in demand following factory closures for maintenance, local producers said. As a result, the price of a 50-kg bag of cement has gone up by about Sh100 to Sh650. The country’s three manufacturers - Bamburi Cement, East African Portland Cement and Athi River Mining - said the situation was temporary and would be resolved by next month. EAPCC and ARM factories producing clinker were closed for maintenance in July and August leadi... |
China export markets18 October 2006, Published under Cement NewsIn the first eights months of 2006, China’s cement volume exported to the USA, the EU and the UAE was 7.906Mt, 4.307Mt and 1.88Mt, respectively, 1.3 times, 1.9 times and 2.2 times over the 2005 figure. The cement exports to the three abovementioned markets accounted for 56.5% of China’s total cement exports. |
Croatian Nexe to open EUR1.02m cement factory18 October 2006, Published under Cement NewsCroatian construction materials group Nexe is set to open a 7.5 mln Croatian kuna (US$1.27m) cement factory at Luka Tranzit port, on the Drava river, in Osjek, eastern Croatia. Luka Tranzit controlled by Nexe since 2004, will celebrate its 50th anniversary on the day of the opening of the factory. The privately-owned group Nexe, former Nasicecement, runs several cement factories in Croatia, including Nasicecement in Nasice, NC Betonproizvod in Zagreb, Nexe Beton in Vinkovci, Betonmix... |