Cement News tagged under: international
Siam Cement expects flat 4Q sales on flood factor01 November 2013, Published under Cement NewsSiam Cement reported a five per cent sales rise in the third quarter, but expects floods to impact sales in the final three months of the year. Sales in the fourth quarter are expected to be flat, as there were no floods during the same period of 2012. As a result, sales growth is estimated at 5.2 per cent for all of 2013. For the third quarter, SCG posted a 53 per cent YoY increase in net profit to THB9.8bn as sales rose nine per cent to THB113.85bn. For the nine-month period, earni... |
ARM expects new capacity to boost earnings01 November 2013, Published under Cement NewsKenya’s ARM Cement said it expects earnings to increase at a faster pace this year thanks to its new capacity in Tanzania. In an interview with Reuters, ARM Cement’s chief executive, Pradeep Paunrana, told Reuters that the company is looking to increase its “top line and bottom line by 35 per cent over last year,” and expects similar growth next year regarding its expectations for profitability and sales.. The company commissioned a 0.75Mta grinding plant in the Tanzanian capital of Dar ... |
UK: Hanson looks to recruit more staff, raise output01 November 2013, Published under Cement NewsHanson Cement has said it is looking to recruit more staff and could see its production levels return to normal by the end of January next year as confidence in the UK’s construction industry recovery builds. The company has scaled back production over the last few years in light of the UK’s construction downturn. It operates two cement works in England – at Ketton in Rutland and Ribblesdale in Lancashire – and one in Wales, at Padeswood in Flintshire. The Lancashire Telegraph reported tha... |
Eurocement launches two new cement types, Russia01 November 2013, Published under Cement NewsEurocement’s new Podgorensky plant in the Voronezh region of Russia has launched the production of two special types of cement designed to be used in the construction of residential, infrastructural, and industrial facilities. The company said in a statement that addition to the TSEM I 42.5N, it has "certified and launched the production of two new types of cement: TSEM I 52.5N and TSEM II/ A-Sh 42.5N." Russia's leading cement producer launched the 3Mta Podgorensky plant in December ... |
Zuari Cement breaks ground on new grinding plant, India31 October 2013, Published under Cement NewsItalcementi group company Zuari Cement has launched the construction of a 1Mta grinding unit in Solapur, Maharashtra. The groundbreaking ceremony, held on Wednesday, was attended by Nabil Francis, Managing Director, Zuari Cement;, HS Ramesh, director – Business Development, and S Sundaram, VP - Projects. The new Maharashtra unit is expected to be operational in the second quarter of 2015 and will serve the southern and western parts of the state. The facility will also be designed to d... |
Holcim Philippines boosted by higher demand31 October 2013, Published under Cement NewsHolcim Philippines has reported a 34.2 per cent increase in third-quarter earnings driven by stronger sales revenue and cost-cutting and efficiency improvement measures. Net sales in the July-September quarter rose by more than seven per cent to PHP6.86bn on the back of steady demand and prices as private and public sector projects remained strong. Holcim country CEO, Eduardo Sahagun, said that the robust construction activity had led demand to exceed expectations in the third quarter. ... |
Akmenes sees improved sales, Lithuania31 October 2013, Published under Cement NewsAkmenes Cement’s sales for the nine months to the end of September 2013 rose by 5.2 per cent to 826,700t. Revenue was LTL194.076m (EUR56m) for the first three quarter of 2013. CEO Arturas Zaremba told Baltic News Service that while this reflects the seasonality of the domestic construction activity, improvements are being seen. "The spring was late this year, but the gap is narrowing,” he said. For this year, the company expects revenues to be flat, or indeed “no worse than last year,” Mr Z... |
US July cement shipments and imports rise30 October 2013, Published under Cement NewsTotal shipments of Portland and blended cement in the US and Puerto Rico in July 2013 reached about 8.1Mt, US Geological Survey statistics show, which translates to an 11 per cent increase in the same period of the year before. Shipments for the year through to July were 45.1Mt, up slightly on the comparative period of the previous year. The leading Portland-cement producing states in July were Missouri, California, Texas, Michigan and Florida (in descending order), which accounted for ab... |
Peru’s Cementos Pacasmayo net profit up 4.1%30 October 2013, Published under Cement NewsCementos Pacasmayo saw its net income increase by 4.1 per cent to PEN48.8m (US$17.6m) in the third quarter compared to the same period of 2012. Consolidated EBITDA rose by 17.6 per cent YoY to PEN90.2m. In the first nine months of the year, net income advanced 0.5 per cent YoY despite a weak 2Q13. Consolidated EBITDA registered a 28 per cent rise. In terms of cement sales, Pacasmayo noted a 3.5 per cent increase YoY with output up 3.3 per cent YoY. Cementos Pacasmayo is the secon... |
Lafarge WAPCO reports 26% rise in pretax profit30 October 2013, Published under Cement NewsLafarge WAPCO Cement Nigeria has recorded an increase in pretax profits of 26 per cent for the nine months to the end of September. The company reported pretax profits of NGN20.66bn (US$130m) and revenues of NGN74.27bn, up from NGN69.84bn compared to the same period of 2012. Third quarter sales rose six per cent to NGN24.8bn and pretax profit was up 65 per cent YoY at NGN6.9bn thanks to improved gross margin at 39.9 per cent. In 3Q12 the company undertook maintenance activities for aroun... |