Cement News tagged under: international
Pushka ups cement production 56.6p per cent to138,400t In Q118 April 2005, Published under Cement NewsIn January-March,Kramatorsk-based cement plant Pushka (Donetsk region) increased cement production by 56.6 per cent or 50,000t up to 138,400t from the like-2004 period. Ukrainian News learned this from a statement of the Ukrtsement association, which incorporates Pushka. According to the statement, in January-March Pushka reduced clinker production by 12.9 per cent or 12,500t up to 84,400t from the like-2004 period. As Ukrainian News earlier reported, in 2005 Pushka intends to incr... |
The North American Business Services (NABS) is a newly-created organization, established by St. Lawrence Cement and Holcim (US) Inc18 April 2005, Published under Cement NewsSt Lawrence Cement and Holcim (US) hold a job fair to recruit for their North American Business ServicesSt. Lawrence Cement and Holcim (US) Inc has created ’The North American Business Services’ (NABS), located in Vaughan, Ontario. Through the NABS, they are consolidating their accounting, accounts receivable and accounts payable functions into a common organization. The North American Business Services is currently recruiting 70 people to start operating mid-July. The positions to be fi... |
ACC plans to hike outputby 2Mt18 April 2005, Published under Cement NewsThe Associated Cement Companies (ACC) intends to increase the production capacity by nearly 2Mt in 2005. Presently, the company has 14 plants with a combined capacity of 18Mt ACC has sold nearly 16.5Mt of cement in 2004-2005. The company has set up its second ACC Help Centre in the country in Mangalore. |
Cemento Polpaico to invest US$13m-14m this year18 April 2005, Published under Cement NewsChilean cement producer Cemento Polpaico will invest US$13m-14m this year, company executives said at an ordinary shareholders meeting. The majority of investment will go to advance the implementation of co-processing technology, which uses alternative fuels to fire furnaces, newspaper La Segunda reported. Among such alternatives are worn rubber tires and oils that normally end up in illegal waste dumps. A US$6.4mn co-processing platform will begin operations during the first half o... |
Saudi cement posts major net profit growth18 April 2005, Published under Cement NewsAccording to Al-Sharq Al-Awsat newspaper, the Saudi Cement Company has announced SR 119.7m($31.92) net profits in the first quarter of the current year compared with SR 95.1m ($25.36m) in the corresponding period of the previous year. These figures translate into a 25 per cent rise. |
Saudi Southern Province cement posts US$40.9m Net Profit Q1 200518 April 2005, Published under Cement NewsSaudi cement producer Southern Province Cement (SPC) posted a net profit of 153.5m Saudi riyals (US$40.9m/31.8m euro) for the first quarter of 2005, up from 123.8m riyals (US$33m/25.6m euro) in the corresponding period of 2004, it was reported on April 18, 2005. The result for the first quarter of 2005 is a record-high figure since the company’s establishment in 1978. SPC’s sales increased 20 pct year-on-year for January to March 2005. Shareholders’ equity rose to 1.75bn riyals (US$467m/3... |
Brighter future for Iran’s cement industry18 April 2005, Published under Cement NewsGiven the growing for cement in Iraq and Afghanistan following the ongoing reconstruction efforts in the war-torn countries, Minister of Industries and Mines Eshaq Jahangiri on expressed optimism about the future of cement industry in the next two years, stressing that the establishment next year of the much-publicised cement exchange would help improve the key industry to a great extent. He hoped that the establishment of such an exchange would balance market supply and demand, stressing... |
Polish cement sales fall15 April 2005, Published under Cement NewsThe combined sales of cement in Poland dropped by about 25 per cent year-on-year to 1.1Mt in the first quarter of 2005, mainly due to the prolonged winter which had caused a halt in construction works, it was reported on April 14, 2005. In the first quarter of 2004, the demand for cement grew significantly due to the expected introduction of a 22 pct value added tax (VAT) on building materials. The new tax came into force in May 2004. Nevertheless, Polish cement producers are optimistic about... |
Tonasa to expand production capacity15 April 2005, Published under Cement NewsCement maker PT Semen Tonasa plans to increase its capacity by 800,000t to 4.3Mta, its President Sadman said. The subsidiary of the state-owned PT Semen Gresik will invest US$70m to expand the production capacity of its second and third factories from 600,000t to 1Mta each, Sadman said. The company, located in South Sulawesi, disposes of 80 per cent of its production on the domestic market and exports 20 per cent. |
Cyprus cement sales up15 April 2005, Published under Cement NewsCement sales in Cyprus rose 14.8 per cent year-on-year reaching 398,200t in the first quarter of 2005, according to data published by the island’s National Statistics Service on April 12, 2005. Cement sales rose by 36 per cent and 17 per cent in January and in February 2005, respectively, compared to the same months of 2004, largely due to the favourable weather conditions. Cyprus’ March 2005 cement sales grew to 150,700t versus 149,900t in March 2004. Despite the increase in cement sales, re... |