Cement News tagged under: international
China’s 2005 cement output 1.06bn tons, no new plant approval27 February 2006, Published under Cement NewsChina’s cement output for 2005 rose 9.3 per cent to 1.06bn tons, the National Development and Reform Commission (NDRC) said in a statement. The NDRC, the country’s top planning agency, also said that in a bid to step up restructuring and upgrading of the industry, current cement producers will be allowed to expand capacity while small-sized producers with outdated technologies will be phased out. The entire sector booked total production of CNY268.38bn last year, with total profit ... |
Taiwan Cement sees 2006 profit growth27 February 2006, Published under Cement NewsTaiwan Cement Corp chairman Koo Cheng-yun said company profits in 2006 will surpass the level achieved in 2005 amid its capacity expansion in China, the Economic Daily News reported. The daily did not elaborate further on the earnings projection but said its pretax profit was estimated at around six bln twd in 2005. Meanwhile, the parent company will establish international headquarters in Taiwan, it added. |
Meet on cement unit revival, India27 February 2006, Published under Cement NewsA meeting of representatives of the Union Industry Ministry, trade unions and management of Cement Corporation of India (CCI), bankers and creditors with the Board for Industrial and Financial Reconstruction (BIFR) will be held on Monday 27, January in New Delhi. This meeting is to consider revival of closed cement plants of the CCI, including the one at Adilabad. The revival of Adilabad’s closed unit was linked to the State Government’s approval towards absorbing some of the related fi... |
Cement lured to go off road, India27 February 2006, Published under Cement NewsThe Railway budget has brought some cheer for cement makers reeling under ever increasing road freight. Though the railway minister hasn’t tinkered with the rate classification for cement and clinker, cement industry will now get bulk discounts, long-term customer discounts and lean season discounts. Some executives say that savings could be as high as 30% if the various discounts schemes are implemented in the spirit. The main beneficiaries of the scheme would be companies having plants... |
Iran’s VP visits Syrian cement factory27 February 2006, Published under Cement NewsIran’s First Vice-President Parviz Dawoodi, who is in Syria to attend Iran-Syria High Committee, visited a cement plant near the city of Hama. The plant, which is a US$200m and being built by Iranian companies, is located 9km from Hama city in Hama province. During the visit, Dawoodi said Iran-Syria economic relations are strategic adding the two countries’ officials are for expansion of the ties. The final capacity of the plant is one million tons annually. Iranian companies are working ... |
Firms to return growth, Malaysia27 February 2006, Published under Cement NewsAfter a tough year battling problems like limited supply and going through a price war in 2005, cement companies in Malaysia look set for a more stable year ahead. Cement prices, for one, have stabilised and rebounded to about RM185/t, against RM90/t in the first half of last year when the price war occurred. This greatly narrows the margin of current prices to the RM198 ceiling price for bulk cement set by the Government. Although the cost of raw materials has, over the past few years, s... |
Titan Cement 2005 net grows 19 per cent24 February 2006, Published under Cement NewsNet profit at Greek cement producer Titan grew 19 per cent in 2005, at the top end of analysts’ forecasts, helped by strong foreign growth and a rebound in domestic construction in the last quarter. Titan said on Thursday net profit rose to EUR210m. "In Greece, domestic cement sales showed an increase in the fourth quarter, and annual volumes ended with a modest decrease of four per cent," Titan said. Titan, which has operations in the United States, Egypt, Bulgaria and the former Y... |
Lafarge Malayan Cement’s year tax profit plummets24 February 2006, Published under Cement NewsLafarge Malayan Cement Bhd’s annual pre-tax profit has plummeted 71.7 per cent due to sharply lower domestic selling prices in the first half of the year. Higher production costs as a result of surging oil prices have also trimmed group pre-tax profit to RM29.345 million (US$7.9m) for the 12 months ended 31 December 2005 compared with RM103.693m for the previous year. "The recovery in domestic cement selling prices since the 3rd quarter of 2005 enabled the Group to return to prof... |
Italcementi’s Ciments Francais President Optimistic for 200624 February 2006, Published under Cement NewsThe president of French cement supplier Ciments Francais, a unit of Italian cement group Italcementi, Rene Nanot, said he was optimistic about the group’s 2006 performance and confirmed ambitions to expand its presence in Europe through certain acquisitions. Nanot said the group will also focus on strengthening its positions in the Mediterranean region, adding that India and China were also interesting markets for Ciments Francais. Ciments Francais’s president hopes the French construc... |
RAK plans new cement plant24 February 2006, Published under Cement NewsThe Ras Al Khaimah (RAK) Government is planning to set up a new cement factory in the southern areas of the emirate to offset increasing domestic cement demand. The emirate also plans export of excess cement to the European markets from year 2007. With the implementation of the new plant, the total production cement in the emirate is expected to reach 12Mt annually. |