Cement News tagged under: international
Lafarge Malayan Cement acquires Mutiara Kuari, Malaysia19 October 2004, Published under Cement NewsLafarge Malayan Cement Berhad announced that its wholly-owned subsidiary, Lafarge Aggregates Sdn Bhd (LASB), has signed an agreement to acquire the entire issued and paid up share capital of Mutiara Kuari Sdn Bhd (MKSB) for RM15m (US$3.9m). Under the agreement signed on 15 Oct 2004, LASB will acquire one million shares in MKSB, which operates a granite quarry at Pantai Remis, in Manjung in the Malaysian state of Perak, it said in a filing to Bursa Malaysia. It said the proposed acqu... |
Misr Cement Qena nine-month 2004 revenue up, Egypt19 October 2004, Published under Cement NewsThe preliminary financial results of Egyptian cement producer Misr Cement Qena show a 50 per cent YoY increase in revenue for the first nine months of 2004, the company said in a statement. The company’s exports to Europe, the Gulf states and the Red Sea countries reached 370,000t during the period. Misr Cement Qena registered a working capital of E£55.3m (US$8.9m) at end-September 2004, against a negative working capital of E£38.6m (US$6.2m) at end-September 2003. The company also r... |
Podilskyi Tsement increases output 15.1%, Ukraine19 October 2004, Published under Cement NewsThe Podilskyi Tsement company (Kamianets-Podilskyi, Khmelnytskyi region), which is one of the three largest producers of cement in Ukraine, increased its output by UAH 10.489m or 15.1% to UAH 79.725m during the July-September period, compared with the corresponding period of last year. According to the statement by the company, Podilskyi Tsement increased cement production by 66,500t or 14.1% to 536,500t in the July-September period, compared with the corresponding period of last year. ... |
ENCI To Stop Marl Extraction at Sint Pietersberg, The Netherlands19 October 2004, Published under Cement NewsDutch cement factory ENCI will stop extracting marl from the quarry near Sint Pietersberg southern Netherlands, regional media said. NCI will inform its personnel, workers’ council and the trade unions on October 19, 2004. In case the marl extracting operations in Sint Pietersberg are terminated, a major part of ENCI’s 350 employees will have to be laid off. The Provincial Executive of the southern Dutch province of Limburg, where Sint Pietersberg is located, said on September 9, 200... |
Cement demand up 4.3% in first half, India18 October 2004, Published under Cement NewsDomestic cement demand has grown 4.3 per cent in the first half of the current financial year, according to the figures released by the Cement Manufacturers Association (CMA). The industry clocked despatches at 59.41Mt compared with sales of 56.96Mt in the corresponding period of the previous year. Cement demand for the entire year should cross 125Mt, said industry experts. “Looking at the good growth in despatches in the first half of the current year, an annual growth of 6 per cent i... |
Lafarge to build grinding plant for US$30m, Vietnam18 October 2004, Published under Cement NewsLafarge SA said it will build a cement-grinding plant in Vietnam at a cost of about US$30m. The project will be funded by Lafarge’s 70 per cent-held DonaFrance venture in the country. Construction is due to start in October, and is due to enter service during late 2005. ’The project is rapidly expected to create value for shareholders thanks to the construction market’s strong pace of expansion, particularly in the Ho Chi Minh City region,’ the company said. Meanwhile, France’s S... |
September domestic sales at 348,796t , Peru18 October 2004, Published under Cement NewsPeruvian domestic cement sales stood at 348,796t in September 2004, up 4.1 pct YoY, the country’s Association of Cement Companies (Asocem) said. In August 2004 domestic cement sales stood at 336,433t. Peruvian cement exports stood at 36,509t in September 2004, compared to 30,883t in August 2004. Cement sales totalled 2.9Mt on the Peruvian market in the period January to September 2004, a 3.79 pct year-on-year rise. Peruvian cement exports jumped by 43.84 pct to 449,245t in the first n... |
PT Semen Gresik Tbk to focus on domestic market, Indonesia18 October 2004, Published under Cement NewsState-owned cement maker PT Semen Gresik Tbk said it wil stop exporting cement in 2005 because of growing demand in the domestic market. Company President Satriyo said Semen Gresik exports 250,000 tons of cement a year not including exports by its two subsidiaries Semen Padang and Semen Tonasa. Satriyo said cement requirement in the country has increased sharply. He estimated that demand for cement in the country will reach 31Mt this year, up from 28Mt in 2003. Next year, the require... |
Cementos Portland to invest EUR31m in Alcala de Guadaira Plant 2004-2006, Spain18 October 2004, Published under Cement NewsSpanish cement maker Cementos Portland Valderrivas SA will invest EUR31m (US$38.4m) in its factory in Alcala de Guadaira, southern Spain, between 2004 and 2006, the company said. The investments will be aimed at improving the efficiency and safety and reduction of the negative environmental impact of the plant. Cementos Portland has invested 96 mln euro (US$119m) in the Alcala de Guadaira factory since the plant began operation. Recently, the company raised the output of the plant by ... |
Production up by 16.1% To 1,126,000t in September, Ukraine18 October 2004, Published under Cement NewsIn September, cement production rose by 16.1 per cent or 156,000t compared with September 2003, to 1,126,000t. In September, cement production fell by 6.8% or 83,000t compared with August. In January-September, cement production rose by 22.9% or 1,567,000 tons compared with January-September 2003, to 8,417,000t. As Ukrainian News earlier reported, in August cement production rose by 12.4% or 134,000 compared with August 2003, to 1,209,000 tons. In 2003, cement production rose by 24... |