Cement News tagged under: international
Cement profits rise in line with infrastructure growth17 February 2006, Published under Cement NewsWith a spurt in development of infrastructure projects, a majority of Indian cement firms clocked over 200 per cent increase in net profit for the third quarter of 2005-06, industry chamber Assocham said today. "Helped by much improved business volumes and realisations, most of the cement companies like ACC, Gujarat Ambuja, UltraTech Cement, India Cements, Madras Cements, Birla Corporation and Shree Cement have done exceedingly well in terms of their net profits in the last quarter," it sai... |
Higher Colombian demand prompted massive prike hikes17 February 2006, Published under Cement NewsThe Colombian unit of Cemex will tell Colombia’s antitrust agency that it raised cement prices in December in tandem with higher demand, a company official said Thursday. "We decided to increase prices in December because demand increased more-than-expected," said Juan Carlos Delrieu, the company’s spokesman for Colombia. "We didn’t agree to fix prices, ever." Cemex raised prices by 48 per cent on Dec 23 after Holcim raised prices twice in the same month, first by eight per cent on Dec 9... |
Ukraine output static17 February 2006, Published under Cement NewsThe cement output of the 12 Ukrainian manufacturers, members of local cement producers’ association Ukrcement, totalled 430,800t in January 2006, up just 0.2 pct year-on-year. The Ukrcement enterprises produced some 488,500t of clinker in January 2006, up 12.6 per cent year-on-year, but down 11.6 per cent month-on-month. The Ukrcement companies’ cement output totalled 9.805Mt in 2005, up from 8.89Mt in 2004, and accounted for 80.5 per cent of the total cement output in Ukraine in 2005. Po... |
Indonesia’s January cement sales fall marginally17 February 2006, Published under Cement NewsIndonesia’s domestic cement sales fell a marginal 0.1 per cent to 2.243Mt in January, data from the country’s cement association showed on Thursday. The decline follows slowing growth in the industry last year when the pace of sales fell to 4.9 per cent from 9.1 per cent in 2004, due to higher inflation and interest rates in Southeast Asia’s largest economy. However, domestic sales of PT Semen Gresik Tbk , Indonesia’s largest cement maker, rose 5.7 per cent to 1.02Mt. Gresik accounted for ... |
Peru Cement Sales climb in January17 February 2006, Published under Cement NewsPeruvian domestic cement sales increased to 382,167t in January 2006, up 14.17 per cent year-on-year, data of the Peruvian association of cement producers Asocem showed on February 15, 2006. Peruvian cement exports totalled 31,416t in January 2006, up 0.37 per cent year-on-year. Overall Peruvian sales of cement in January 2006 totalled 413,583t, up 12.99 per cent from January 2005. Peruvian domestic cement sales rose to 4.3Mt in 2005, up 9.54 per cent year-on-year, while the cement expo... |
Tonasa looks at further expansion16 February 2006, Published under Cement NewsThe Indonesian cement company PT Semen Tonasa in South Sulawesi province is planning to build a new plant by the end of 2006, to anticipate cement shortages in 2008, general manager Sattar Taba said here on Wednesday. According to Sattar, the plan to construct the factory was under intensive study by company shareholders. He added that it would be built at the end of this year and was expected to be completed early in 2009. The funds needed to build the cement factory would be taken from... |
Siam Gypsum foresees slow growth in ’0616 February 2006, Published under Cement NewsSiam Gypsum Industry (Saraburi), the country’s leading gypsum-board manufacturer, projected that the domestic consumption of gypsum products would decline further this year, in line with the slowdown of the residential property market, managing director Olivier Guilluy said. The firm, a joint venture between Siam Cement and Lafarge Boral Gypsum Asia (LBGA), forecast that the domestic gypsum-board market this year would grow by 10% to 56 million sq m, down from 15% last year, and 20% in 2002... |
Government proposes transfer to alternative fuels16 February 2006, Published under Cement NewsThe Cabinet of Ministers of Ukraine proposes to transfer cement production enterprises, consuming gas, to alternative kinds of fuel such as coal, peat, and sawdust. According to local correspondents, Prime Minister of Ukraine Yuri Yekhanurov claimed this to a government session today. He is convinced that the cement industry, which annually consumes 2 billion cubic meters of gas, may reduce its consumption by as much as 10 tenfold to 200 million cubic meters. Yuri Yekhanurov mentioned t... |
Jaypee proposes expansion16 February 2006, Published under Cement NewsThe Indian Jaypee group has drawn up an investment plan of Rs 3000 crore to raise its cement capacity to 15Mta by 2007 from the current 7Mta. The investment will come from the recently-concluded foreign currency convertible bond (FCCB) issue of US$200m which, the company hopes, will deliver a 100 per cent growth in revenues. "Post expansion, we will be the third-largest cement player in the country after AV Birla group and Holcim," said Manoj Gaur, managing director, Jaypee Associates. ... |
Thai SCCC 2005 profit down16 February 2006, Published under Cement NewsSiam City Cement (SCCC), Thailand’s second-biggest cement maker, reported a lower-than-expected 2005 net profit on Thursday as margins were hit by rising fuel and electricity prices. SCCC, 32 per cent owned by Holcim, said in a statement, it made a net profit of 4.07 billion baht ($103 million), or 17.15 baht per share, down from a 4.14 billion baht profit in 2004. The 2005 profit was below market expectations with 11 analysts polled by Reuters Estimates forecasting a net profit of 4.4 billi... |