Cement News tagged under: international
Italcementi boosted by developing markets and France08 September 2004, Published under Cement NewsItalcementi’s first half turnover rose by 6.5% to ú2,262.1m as cement and clinker volumes rose by 7.0% to 23.9m tonnes, while ready-mixed concrete deliveries were just 1.5%higher at 10.5m mÑ but the aggregates tonnage grew by 7.3% to 29.7m tonnes. The operating profit at the EBITDA level advanced by 9.6% to €538.2m, with the strongest growth being achieved in Asia and in other developing markets. The European Union represented a turnover of €1,700.3m, an increase of 6.7% with the EBITD... |
Local cement production cost estimated08 September 2004, Published under Cement NewsAccording to the Syrian Teshreen newspaper, a recently publicised study about the domestic cement industry estimates the per ton production cost of cement at the private sector at US$27, in addition to US$10 investment expenditures. Thus, the per ton of cement total production cost stands at US$37 (SP1924). The cement is currently sold for SP3300 per ton along with SP300 extra shipment cost. The study also estimated the per ton price of cement (ex factory) at SP 3840 in the UAE, SP 4004 in J... |
Dicotrade is back?08 September 2004, Published under Cement NewsSouth Korean Kimaxtra plans to invest 18 mln euro ($21.7m) in the construction of a clinker grinding plant in the industrial zone of the port of Sines, southwestern Portugal, it was reported on September 7, 2004. The plant will be for grinding, storing and shipment of cement, Portuguese business daily Diario Economico said. The project targets to create some 62 permanent jobs and sees an annual output of some 500,000 tonnes of cement. The construction works are expected to start by the end... |
Cimpor bids for two Libyan plants08 September 2004, Published under Cement NewsPortuguese cement company Cimpor - Cimentos de Portugal SGPS is taking part in the privatisation of two Libyan cement plants, it was reported on September 7, 2004. Libya is the third market in North Africa, after Morocco and Egypt, where Cimpor now seeks entry. Cimpor presented its bid for the two Libyan plants in April 2004, in line with the country’s plans for the cement sector privatisation. Libya has an annual installed capacity of cement production of some 5.0Mt, distributed among ... |
Indonesia to have sufficient cement supply until 201007 September 2004, Published under Cement NewsIndonesia will have a sufficient supply of cement until 2010 as its production capacity more than matches local demand, Director General of Chemical and Forestry Industry at the Industry and Trade Ministry Benny Wahjudi said. "In 2010 cement production is expected to reach 52Mt. Currently, the total capacity of the national cement industry is around 48Mt annually while demand is only 30Mt with the industry using only 65 per cent of its capacity," Benny said. According to Benny, demand fo... |
New face at Siam Cement07 September 2004, Published under Cement NewsChantanida Manotaya may be a newcomer to Siam Cement, but the No 2 in the corporate treasury department of Thailand’s largest industrial conglomerate has wasted no time in trying to make a difference. Chantanida, 35, left her banking career to join Siam Cement in 2002 after being approached by the firm’s treasurer, Padungdej Indralak. The chance to join the corporate world came five years earlier than she had planned. As assistant corporate treasurer, Chantanida is responsible for finding... |
Efforts to revive CCI unit gather pace07 September 2004, Published under Cement NewsThe re-opening of the Adilabad unit of the Cement Corporation of India (CCI) in September looks certain, as efforts for its revival have gathered momentum. It is learnt that posting orders for about 230 technical and non-technical personnel drawn from the six other closed CCI units are being despatched soon. Efforts gathered pace on August 25 when a meeting of the CCI management represented by CCI Chairman Keshu Tekchandani and Adilabad unit general manager, P. Sheshasai, and the Industry Se... |
Italcementi beats forecasts, sees weaker H207 September 2004, Published under Cement NewsItaly’s Italcementi posted a forecast-beating 22-percent rise in first-half profit on Monday, helped by stronger demand in its core markets, but gave more cautious guidance for the second half. The country’s biggest cement maker reported net attributable profit of 129.4 million euros ($156.2 million) for the first half of 2004, higher than analysts had expected. A 53-percent increase in profit at Italcementi-controlled French cement maker Ciments Francais also came in above forecasts. "Th... |
Cement Production Up By 20.9%07 September 2004, Published under Cement NewsIn July, Ukraine cement production rose by 20.9% or 211,000t compared with July 2003, to 1,220,000t. This was disclosed by the State Statistics Committee. In July, cement production rose by 2.6% or 31,000 tons compared with June. In January-July, cement production rose by 26.6% or 1,276,000 tons compared with January-July 2003, to 6,082,000 tons. As Ukrainian News earlier reported, in June cement production rose by 12.5% or 132,000 compared with June 2003, to 1,189,000 tons. In 2003, cem... |
Cement despatches for August07 September 2004, Published under Cement NewsGujarat Ambuja Cement Limited (GACL) has reported a 6 per cent increase in despatches for August. This was lower than the growth in July, but one has to bear in mind the transporter’s strike in the latter part of August. In addition, cement demand especially in the South and Central India had shown signs of weakening in August, due to the revival of the monsoons. Nevertheless, GACL’s August despatch growth figures were more or less in tune with the all - India growth in cement dispatches of ... |