Cement News tagged under: international
Steppe 3Q volumes increase as domestic demand rises12 October 2011, Published under Cement NewsSteppe Cement reported a 40 per cent YoY increase in 3Q11 revenue of KZT5646m as it sees a steady rise in its domestic market of Kazakhstan. For the 9 months ended 30 September 2011, revenue was KZT11,933m compared to KZT8,741m in the corresponding nine month period of 2010, representing a 37 per cent improvement. Sales reached 447,022t during the third quarter, which is five per cent higher than 3Q10. Sales for the nine months to September 20011, volumes rose by 11 per cent to 1.05Mt from... |
Sai Son Cement to set up new plant in Vietnam11 October 2011, Published under Cement NewsThe management board of Sai Son Cement Joint Stock Co has given approval for the Nam Son Cement Plant to be set up and be operated under the guidance and management of SCJ. Construction work is expected to begin in the 3Q11. In its 2011 business plan, the company targeted production of 321,870t of cement and 186,375t of clinker, bringing in total revenue of VND329.24bn, pre-tax profit of VND26bn and after tax profit of VND19.5bn. |
Increased sales boost Qassim 3Q11, Saudi Arabia11 October 2011, Published under Cement NewsQassim Cement Company said it expects to post a rise of more than 7% in net profits for the third quarter YoY, thanks to increased sales and improved operating performance. The company is forecast to make SAR114.97m after tax, up from SAR107.1m last year, it said in a statement. This is on the back of a 9.83% rise in gross profits and an 11% rise in operating profit, up to SAR 126m and SAR 118m respectively. “The reason for the rise in net profit over the same period last year and the com... |
Lebanese cement exports hit by Syria unrest11 October 2011, Published under Cement NewsLebanese cement exports to Syria and Iraq have fallen drastically as companies find it increasingly difficult to ship their products overland through Syria, which is facing security disturbances. “The situation is now critical because the sales are decreasing radically to Egypt and Syria,” Pierre Doumet, general manager of Cimenterie Nationale told The Daily Star. The company used to export 97 per cent of its cement to Syria, Egypt and Iraq. In 2007, it invested US$100m in a production fac... |
Lafarge WAPCO begins rail distribution of cement11 October 2011, Published under Cement NewsIn partnership with the Nigerian Railway Corporation (NRC), Lafarge Cement WAPCO Nigeria Plc has started the nationwide distribution of cement by rail. The partnership, which would ensure faster and regular supply of the company’s products (Elephant and Supaset cement) would see NRC moving about 2000t per week on a short-term and later 6000t on a weekly basis. Speaking at the Ministerial flag-off to officially commence the operations at the Ewekoro Plant of the company, was the Managing... |
CEMBUREAU’s President sets clear priorities11 October 2011, Published under Cement NewsThe priorities of the new CEMBUREAU President, Ignacio Madridejos, are clearly defined and are based on two key lines. On the one hand, the active defence of the cement industry’s licence to operate competitively in Europe must be maintained with the level of quality and strength demonstrated by CEMBUREAU up to now. Climate Change, with the EU’s Emission Trading Scheme (ETSi), and Resource Efficiency, with the need to reposition co-processing of waste, are to be addressed as key priorities ... |
Brazil’s Jan-Sept sales up 7.7%11 October 2011, Published under Cement NewsPreliminary data and market estimates for Brazil’s domestic market show that cement sales during the January-September 2011 period advanced 7.7% YoY to 47.2Mt. In September 2011, 5.8Mt was sold, also up 7.7% on September 2010. For the accumulated 12 months between October 2010 and September 2011, 62.5Mt of sales were recorded, a YoY rise of 9% compared to October 2009 to September 2010. Source: Sindicato Nacional da Indústria do Cimento (SNIC) |
South Africa September sales see 12.7% YoY increases11 October 2011, Published under Cement NewsRecent data from the Cement and Concrete Institute of South Africa shows that sales for September 2011 totaled 1.1Mt compared to 0.98Mt in 2010, up 12.7% – the highest growth experienced in the industry since April 2007, when the domestic sales grew by 17.7% YoY. On a pure volume basis, September sales were the highest since October 2008, when they peaked at 1,295,083t. Year to-date sales stand at 8.29Mt, up 2.1 per cent YoY from 8.12Mt from the same period of 2010. The moving annual tota... |
UltraTech production at 18.6Mt10 October 2011, Published under Cement NewsUltraTech Cement, the Aditya Birla company, said production for the April to September 2011 period stood at 18.596Mt as against 18.633Mt during April to September 2010 period. Dispatches have been sustained at 18.613Mt during April to September 2011 vis a vis 18.614Mt in the corresponding period of 2010. Cement production for the month of September 2011 was 2.77Mt and dispatches were 2.756Mt. |
Novorostsement first-half net profit increases10 October 2011, Published under Cement NewsOJSC Novorostsement’s 1H11 net profit rose 5.41-fold to RUB916.210m from RUB169.119m for the same period in 2010, the company reported. Revenue increased 41.88% to RUB4.604bn from RUB3.244bn, the sales profit 3.34-fold to RUB1.24bn from RUB371.557m. |