Cement News tagged under: international
Florida Rock Industries, Inc announces record second quarter results21 April 2004, Published under Cement NewsFlorida Rock Industries, Inc announced record net income of US$24,497,000 for the second quarter of fiscal year 2004 versus $16,300,000 for the same quarter of fiscal 2003. Consolidated total sales for the quarter increased 40 per cent to US$228,602,000 from US$163,615,000 in the same quarter last year. Second quarter operating profit increased 55 per cent to US$38,561,000 versus US$24,891,000 in the second quarter of fiscal 2003. During the second quarter, the availability of cement... |
Cement deficit to threat Russia in several years21 April 2004, Published under Cement NewsDue to lack of production capacities in cement industry, in 2006-2007 Russia may face cement deficit of 2Mt a year, and up to 5-10Mt by 2010. This was stated at the third international conference "Petrocem-2004". The general sponsor of the conference was Eurocement. According to the Russian Federal State Statistics Service, current cement production capacity is 71m tonnes a year, but due to lack of investment resources and extreme wear of basic equipment (70 per cent), the actual product... |
Lafarge takeover bid for Sicim company21 April 2004, Published under Cement NewsLafarge Romania, one of the three-largest domestic cement makers, launched on Monday a take-over bid for a 32 per cent stake in Sicim Constanta for 48.1bn lei (about EUR1.2m). Lafarge has already indirectly controlled the remainder of the Sicim shares through the Silotrade company, where Lafarge owns 45 per cent of the capital, the bid being launched only for the purpose of meeting the demands by the National Securities Commission (CNVM). Silotrade Bucharest took over 67.69 per cent of Sicim... |
Cement shortage hits construction industry - Qatar21 April 2004, Published under Cement NewsA continuing shortfall in cement supply seems to have put sudden brakes to Qatar’s booming construction industry and the crisis has apparently become more severe as exact estimates of the gap between demand and supply are difficult to have. The situation is, however, expected to ease with Qatar National Cement Company (QNCC), the larger of the two cement producers in the country, having decided to augment imports. QNCC has a lion’s share in local production, estimated at 1.4Mt a year... |
Venezuela: sales rebound despite weak construction sector20 April 2004, Published under Cement NewsVenezuela’s cement producers’ association APVC said cement sales for the first quarter have rebounded from last year’s general strike to 851,407t, up 59.9 per cent over the previous year’s 532,539t, El Universal reported. This gain was despite the general depressed condition of the construction sector and reflects the slowdown of activity during the 2003 strike. For several years, construction activity has fallen during the first quarter. Sales in 1Q03 were 33.7 pr cent down over 1Q02,... |
Angola: producers expects to produce over 1Mta20 April 2004, Published under Cement NewsAbout 1.3Mt of cement per year is the quantity that the New Cimangola will produce with the functioning, from April 2005, of a new mill of cement and the changing of the discharging-berth, for importing of cement. New Cimangola’s deputy director, Manuel Victor, made this statement to the press on Friday at end of a visit to the company, of a multsectorial delegation, headed by the ministers of Industry, Joaquim David, and Energy and Water, Botelho de Vasconcelos. The new mill, named ... |
Cypriot Vasilico Cement Posts US$7m net profit 200320 April 2004, Published under Cement NewsCypriot cement manufacturer Vasilico Cement posted a net profit of US$7m for 2003 against US$12m for 2002, the company said. The company’s board will propose at a forthcoming annual shareholders’ meeting the distribution of a total CYP1.1m ( in final dividend for 2003, equal to CYP0.02 pounds/per share, or eight per cent of Vasilico’s share par value. Vasilico paid CYP806,000 (US$1.7m) in interim dividend for the same year. In 2002, the company paid overall dividend of CYP1.6m (US$3.3... |
Slovenian Salonit Anhovo doubles 2003 profit on heavy building20 April 2004, Published under Cement NewsSlovenia’s largest cement maker Salonit Anhovo said that its net profit in 2003 surged by 98 per cent on the year to SIT1.19bn (US$6m) on the wave of growing building activity in the country and cost cutting. "We attribute the rise in 2003 net profit to favourable conditions in the local construction sector and especially the continuing activities under the national motorway programme, which prompted healthy cement sales," Salonit spokeswoman Suzana Colja told SeeNews. Salonit sold 7... |
Four killed in Saraburi cement plant fire20 April 2004, Published under Cement NewsAt least four people were killed in a fire at a cement factory in Saraburi yesterday, police said. The blaze began at about 3pm at a Siam City Cement (SCCC) plant in Kaeng Khoi district after sparks from welding work are thought to have ignited a furnace-oil storage tank. Saraburi Governor Thaweep Thewin said four people were killed in the fire that left at least four others injured. Seven workers climbed to the top of a 60-metre tower to escape the flames and were rescued by a police he... |
Semen Gresik to increase revenue by 4-5 per cent19 April 2004, Published under Cement NewsPT Semen Gresik Tbk targeted that the revenue of the company will grow by 4 to 5 per cent this year in line with the assumption of the GDP of the country this year. Satryo, one name, the president director of the cement company, said that the company set such target in line with the target of the government that the gross domestic product of the country will increase by 4 to 5 per cent. He was sure that the revenue of the company will not be lower than the economic growth of the country... |