Cement News tagged under: international
Ciments Français sales boosted by higher prices and...28 July 2005, Published under Cement NewsItalcementi’s international subsidiary Ciments Français increased its first half turnover by an underlying 6.9 per cent to €1675m. In absolute terms the increase was 10.2 per cent, thanks to the initial consolidation of Suez Cement Company in the second quarter. This, in combination with generally higher cement prices, helped boost cement and clinker sales from 64.3 per cent to 66.2 per cent of turnover. The growth in concrete and aggregates was less pronounced, with an underlying 3.3 per c... |
Lafarge H1 sales up 6.3 per cent on price increases28 July 2005, Published under Cement NewsLafarge SA reported a 6.3 per cent rise in first-half sales on Thursday, driven by higher prices for its products and strong volumes for construction materials, mainly in the United States. Lafarge, also one of the world’s leading producers of other building materials such as aggregates, roofing products and plasterboard, posted sales of Euro 7.22bn in the six months to June, compared with Euro 6.79bn in the year ago period, it said in a statement. Nine analysts surveyed by Reuters had fore... |
Chinese cement industry data28 July 2005, Published under Cement NewsDespite the austerity measures brought by the Chinese government to control speculation property trading activities, sales revenue of Anhui Conch Cement Group which is the holding company of Anhui Conch Cement of Hong Kong rose by 70 per cent for the first five months of 2005 comparing with the same period of 2004. The National Development and Reform Commission (NDRC) indicated that fixed asset investment in the whole cement industry had slowed down by about two per cent in the first five mo... |
Cement consumption in Kazakhstan rises28 July 2005, Published under Cement NewsCement consumption in Kazakhstan grew 26.6 per cent in the first half of the year from the same period last year to reach 2.06Mt, a source at Vostok-Cement told Interfax. The rise was underlined by a government housing construction program running from 2005-2007 and an increase in private home construction. Vostok-Cement reportedly controlled more than 26.5 per cent of the cement market in the first half. The company shipped more than 484,000t of cement in the first half, including 160,0... |
Offers invited for Javedan Cement sell-off28 July 2005, Published under Cement NewsThe Pakistan Privatisation Commission (PC) has invited Expressions of Interest (EoI) from interested parties to privatise Javedan Cement Limited (JCL) on an ’As is where is’ basis, through the sale of its 96.34 percent shares, held by State Cement Corporation of Pakistan (Pvt) Ltd (SCCP), the holding company. JCL is a public limited company listed on Karachi Stock Exchange since 1962 and registered under Companies Ordinance 1913 (now Companies Ordinance 1984). JCL is located in the north... |
Argentina fines cement producers27 July 2005, Published under Cement NewsArgentina’s Economy Minister Roberto Lavagna said the country’s competition bureau will fine all of the country’s cement producers for colluding on prices and to divide the country’s market. The fine is the biggest ever imposed by the country’s competition bureau, Mr. Lavagna noted, adding that the five companies fined account for the country’s entire cement market. Loma Negra SA, the country’s biggest cement producer with 48.35 per cent of the market in 1999, was fined 138.7m pesos (US$49m),... |
Lafarge North America reports27 July 2005, Published under Cement NewsLafarge North America Inc the leading supplier of construction materials in the US and Canada, today reported second-quarter 2005 net income of US$142.9m. Operating income for the quarter was US$208.2m, up US$40m, or 24 per cent, compared with the year-ago quarter as continued strong volumes in most markets and higher prices in all product lines positively affected earnings. The strengthening of the Canadian dollar contributed US$6.4m to operating income during the quarter. However, diesel, ... |
Strong demand drives Vulcan27 July 2005, Published under Cement NewsVulcan Materials Company today announced record second quarter net earnings of US$122m, as compared to US$88m. Net sales increased 21 percent from the prior year’s level, while earnings from continuing operations before income taxes increased 32 percent. Commenting on the second quarter results and full year outlook, Don James, Chairman and Chief Executive Officer said, "Our construction materials operations achieved excellent earnings growth and margin improvement due to strong volumes a... |
Cemento Melón to develop new limestone mine27 July 2005, Published under Cement NewsChilean cement company Cemento Melón will begin operating a new limestone mine called Cantera Ñilhue in the country’s central Region V, newspaper Diario Financiero reported. The mine will be operational for an estimated 30 years and will have limestone production capacity of up to 400,000tpa. The operation will require a US$7.8m investment to build a deposit to store material from quarry development, to install a grinding station and to set up a transport system that will carry the limestone... |
Strabag seeks site for cement plant in Hungary27 July 2005, Published under Cement NewsAustrian construction holding Strabag is looking for a suitable site for a new cement works in Hungary in which Euro 106m will be invested, it was reported on July 26, 2005. According to Hungarian daily Napi Gazdasag Strabag will build the plant, which will be the largest cement works in central Europe, in Kiralyegyhaza, southern Hungary. So far Bukkosd had been named as the most possible site. Strabag manager Otto Zimmermann confirmed that Kiralyegyhaza was suitable for the project sinc... |