Cement News tagged under: international
Kryvyi Rih Cement invests UAH 42m for modernisation, Ukraine27 May 2004, Published under Cement NewsKryvyi Rih Cement increased production of clinker by 43,332t or 26 per cent to 210,222t and increased production of cement by 45,100t or 17.2 per cent to 307,500t in the January-April period of this year, compared with the corresponding period of last year. As Ukrainian News earlier reported, Kryvyi Rih Cement has announced its intention to increase production by 171,600t or 14% to 1.39Mt in 2004. Kryvyi Rih Cement increased cement production by 325,500t or 36.3% to 1,221,400t in 200... |
Hungarian Bukkosd protests against Strabag cement facility27 May 2004, Published under Cement NewsHundreds of people protested in the Hungarian village of Bukkosd, southern Hungary, against the plans of local construction company Strabag Rt to build a cement facility there. Strabag announced in 2003 that it will invest HUF24bn (US$116.5m) in the project and will create 100 jobs, indirectly creating another 200 job opportunities. Strabag is a subsidiary of Austrian sector company Bau Holding Beteiligungs Aktiengessellschaft and posted a revenue of HUF120bn (US$582.6m) for 2003, ge... |
Cement prices harden in South and West of India27 May 2004, Published under Cement NewsCement prices have risen in the Southern and the Western regions as the South-West monsoon season approaches. Retail prices have gone up by six per cent or Rs5-10 per bag in Andhra Pradesh and by about three per cent in Maharashtra in the past month. With this latest hike, cement prices in Andhra Pradesh is now at Rs140-145 per bag while in Tamil Nadu and Kerala it is higher at about Rs160 a bag. Within Maharashtra, the price per bag is at Rs140-145 in Nagpur and Pune. According to ind... |
Suez Cement net jumps26 May 2004, Published under Cement NewsSuez Cement has released FY03 results ending December, in which net income jumped a significant 3x to come in at LE153m, versus LE49.3m, recorded in the comparable period last year. Revenues, on the other hand, advanced a more moderate three per cent reading LE655m, while the COGS/Revenue ratio witnessed a notable improvement marking 54.3 per cent down from a comparable 59 per cent, due essentially to relatively high cement prices during FY03. Interest expense continued its downward tren... |
Votorantim expands abroad26 May 2004, Published under Cement NewsThe cement division of the Brazilian Votorantim, Votorantim Cimentos may increase the investments in the US and Canada to US$1.8bn until 2007, intending to double turnover in comparison to US$342m in 2003. The company plans to invest the profit made in Brazilian operations. Votorantim Cimentos has acquired the US S&W Materials (Florida). Sixty per cent of the group´s income come from exports. Most of investments will be directed at the expansion of production in the US and Canada from 3.... |
Italy Italcementi develops Eco Cement26 May 2004, Published under Cement NewsItalian cement producer and distributor Italcementi has developed special ecological cement to reduce the nitrogen oxide emissions in big cities, the company said on May 25, 2004 at the congress of the Italian Federation of Scientific and Technical Associations held in Milan, northern Italy. The cement is designed to coat large urban surfaces such as streets and might cut by one third the pollution in a city like Milan, northern Italy, on an annual basis, company specialists said. The pr... |
Thai Construction material makers warned against price increases26 May 2004, Published under Cement NewsConstruction material manufacturers have been cautioned against any plans to raise prices in response to rising oil costs. So far, the impact of rising oil prices on production costs of overall consumer products was relatively low, said Siripol Yodmuangcharoen, director-general of the Internal Trade Department at the Commerce Ministry. The Siam Cement Group has no plans to increase prices as it could hurt demand growth, according to vice-president Kan Trakulhoon. Producers of cem... |
Infrastructure growth rate doubles nine per cent in India26 May 2004, Published under Cement NewsBuoyed by the impressive performance of the cement, electricity, petroleum refinery and crude sectors, infrastructure growth doubled to 9 per cent in April 2004 from 4.5 per cent a year ago. The growth in these six core sectors, in April 2004, surged from 7.2 per cent in March 2004, according to official data released here today. The four key infrastructure sectors - cement, crude petroleum, refinery and electricity - posted double digit growth while coal output almost doubled in Apr... |
Cement firms on shifting sands25 May 2004, Published under Cement NewsChina’s attempts to dampen investment in the cement industry may foreshadow a shake-out in the sector, industry observers say. As supercharged economic growth boosts cement production to record levels, the government has targeted the sector, with stiff curbs on credit, an unwritten ban on stock-market listings and increasingly stern admonishments against frivolous investment. Cement producers have mixed opinions on the measures, with large players generally supporting them and smaller c... |
Adelaide Brighton: slightly ahead25 May 2004, Published under Cement NewsAdelaide Brighton Ltd managing director Mr Mark Chellew told the annual meeting today that 2004 demand had begun slightly ahead of plan. "We have good reason to be satisfied with the company’s achievements in 2003 and will continue to optimise performance for the current year," he said. "Significantly, we now have an important presence in the major cement and related downstream markets in Australia, and will fully explore the synergies and opportunities that this scale can provide. Our ... |