Cement News tagged under: international
Yemen Cement Output22 January 2004, Published under Cement NewsYemen's cement output stood at 1,541,352t in 2003 while sales of locally produced cement reached 1,540,308t worth 16.4 bln Yemeni rials (US$92.2m), it was reported on January 22, 2004. The cement plant in Amran, to the northwest of the Yemeni capital Sana, produced cement worth over US$37.6m, while the cement plants in Bajil and Al-Barh had a cement output worth over US$19.1m and US$34.3m respectively. The three state-owned plants exceeded their planned output by a total of 271,352t during... |
Spanish cement demand record22 January 2004, Published under Cement NewsCement demand in Spain reached 46.06Mt in 2003, an all time high, Spanish Cement Makers Association OFICEMEN said on January 21, 2004. Cement consumption in Spain increased 4.4 per cent year-on-year in 2003. The rate of growth of cement demand was lower than the 4.6 per cent year-on-year rise in 2002 and the 9.0 per cent year-on-year rise registered in 2001. The 2003 increase in cement demand was mainly due to the rise in demand of the domestic construction sector. Spanish cement makers prod... |
Al-Abbas to take over Thatta Cement22 January 2004, Published under Cement NewsThe Al-Abbas Group confirmed to the Privatisation Commisison in a letter Wednesday that they would buy out Thatta Cement at Rs 9.95 per share, or a total of Rs 1.12 billion since the Star Cotton Corporation, the highest bidder for the transaction, backed out of the bidding, a source close to the deal told Daily Times. A source at the Privatisation Commission also confirmed that a letter was received from Al-Abbas Group to this effect. When contacted, Haji Ghani Usman, chairman of Al-Abbas G... |
Florida Rock record22 January 2004, Published under Cement NewsFlorida Rock Industries, Inc has announced record net income of $32,128,000 or $.73 per diluted share for the first quarter of fiscal year 2004 versus $12,729,000 or $0.29 per diluted share for fiscal 2003. Real estate gains from the sale of the balance of the Company's Naples, Florida closed quarry site contributed $8,273,000 of after tax gain ($.19 per diluted share) on gross sale proceeds of $20,250,000 during this 2004 first quarter. Consolidated total sales for the quarter increased 37... |
YTL Pahang Cement approval22 January 2004, Published under Cement NewsYTL Cement Bhd has received the Securities Commission (SC) approval to acquire the remaining 50 per cent stake in Pahang Cement Sdn Bhd not already owned by the company. ³The acquisition is expected to generate opportunities for the group to further enhance its future earnings through the consolidation of revenue and earnings of Pahang Cement as a wholly-owned subsidiary,'' YTL Cement said in a statement. Pahang Cement, which began operations in May 1998, has the capacity to produce 1.2Mta... |
Spasskcement increases production 23 per cent22 January 2004, Published under Cement NewsThe Spasskcement plant (located in the Primorsky region) made 585,000t of cement in 2003, a 23 per cent rise on the year. Clinker production stood at 632,200t, up seven per cent year-on-year. In 2004, the plant aims to produce one million tonnes of cement. The cement maker is controlled by the Vostokcement company (a Park Group member). |
Ambuja Cement to be merged with Gujarat Ambuja22 January 2004, Published under Cement NewsAmbuja Cement Rajasthan Ltd has had approval for its merger with Gujarat Ambuja Cements Ltd, India's fourth-biggest cement maker, the National Stock Exchange (NSE) said on Thursday. Under the plan, approved by the Board for Industrial and Financial Reconstruction, Ambuja Cement Ltd shareholders will get one share of Gujarat Ambuja Cements for every 50 held, the NSE said. |
Titan to lease port space21 January 2004, Published under Cement NewsTarmac America, a subsidiary of Titan America LLC is proceeding with plans to expand its operations in Tampa with a cement facility at the Port of Tampa. The plan seeks a lease agreement for 25 acres according to Tampa port officials"This would be a major expansion for Tarmac," Lori Musser, the port's spokeswoman, said Friday. Tarmac currently leases 3.6 acres at Hookers Point. The lease proposal is divided into 6-acre and 19-acre segments, Musser said. Another company, Martin Marietta ... |
Eastern Province to install new line21 January 2004, Published under Cement NewsAccording to local sources, Saudi Eastern Province Cement Company has recently signed a contract to install a new clinker production line. The capacity of the new clinker production line stands at 3500 tons per day. Thus, the companys total clinker production capacity will grew to 10,500 tons per day, some 3.15Mta. The Eastern Province Cement Co (EPCC) is one hundred per cent Saudi owned company having public and private shareholders. According to the Chairman of the Board of the Saudi Easte... |
Cemex’ 2003 profit is ahead by 10 per cent21 January 2004, Published under Cement NewsCemex has announced a 9.5 per cent increase in turnover to US$7,164.4m in respect of 2003. The operating profit at the EBITDA level advanced by 10.0 per cent to US$2,108m and the trading profit (EBIT) improved by 11.1 per cent to US$1,455.2m. The EBITDA margin is little changed at 29.4 per cent. Group cement sales rose by 4.6 per cent last year to 64.65Mt, with the increase during the final quarter being slightly weaker at 4.2 per cent increase to 16.271m tonnes. World-wide deliveries... |