Cement News tagged: International
Cement producers ‘unjust profiteering’
Pakistani cement producers are indulging in “unjust profiteering” by providing cement on high prices without having any considerable increase in the production cost, said the Ministry of Industries, P
Cement output up in July
Indian Cement production recorded a 0.77 per cent growth at 10.51Mt in July 2005, against 10.43Mt in the same month a year ago. Despatches also rose 1.17 per cent to 10.38Mt from
More cement factories expected in NWFP
Two parties have shown interest in setting up cement industries in the Indian Frontier province, sources in the directorate of mineral told Daily Times. One of the interested investing parties is Dewa
Union at Giant Cement votes to go on strike
Union members at the US Giant Cement plant in South Carolina, shut down equipment, walked off the job Friday night and began picketing the site. Union members have been working without a contract sinc
Third straight record year of cement consumption predicted, USA
Experts expect cement consumption this year to increase five percent over 2004 levels, making this the third straight year of record volume. Additionally, according to Portland Cement Association&rsqu
Listed cement sector companies’ profit growth to continue, Pakistan
The profitability growth of most of the listed cement sector companies is expected to continue in the fiscal year 2006 and fiscal year 2007 due to increasing demand, analysts say.
Bangur name to adorn cement brand, India
After cement sold under the Birla name, it is time for the Bangurs to put their name on their own cement as well. The BG-HM Bangur group is planning to make inroads into the high end cement mart with
Cementos Bío Bío acquires 100% of Tecnomix
Chilean cement company Cementos Bío Bío has acquired 100% of ready mix company Tecnomix in a CHP15.7bn (US$28.9m) deal.
Saudi Southern Province cement H1 2005 net profit at $86.2m
Saudi cement producer Southern Province Cement (SPC) posted a net profit of SAR323.1m (US$86.2m) for the first half of 2005, up 14.1% YoY. Gross profit grew 13.4% YoY to SAR333.4m (US$88.9m) for Janua
All my ex’s live in Texas
Following the spinning off of Chaparral Steel Company to its shareholders, Texas Industries is left with its cement operations in Texas and California and aggregates businesses in Texas and Louisiana
Cementos Andinos sues Cemex, Argos, Holcim
The three biggest cement companies operating in Colombia - Cemex, Argos and Holcim - have been sued by a small competitor, Cementos Andinos, for alleged unfair competition, newspaper El Universal repo
Lafarge pays fine levied by Competition Council
Cement producer Lafarge Romcim SA has notified the Competition Council of the payment of 377,237,432,195 ROL (one euro sells for 35,905 ROL) in fine levied under resolution no.94/2005, the Competition
Adelaide Brighton improved profits likely
Adelaide Brighton is on track for a small lift in annual profit as strong demand for cement from an active resources sector offsets a downturn in the New South Wales residential construction market. T
Shree Cement to expand
Bangur group-owned Shree Cement Ltd is planning to expand its production capacity to 10Mt by 2010 from 3Mt at present. The company is setting up a new cement plant of 1.2Mt at Pali in Rajasthan, which
Boral’s margins hit by weaker Australian demand
The weakness in the New South Wales market had a dampening effect on Boral’s overall results for the year to the end of June. Group turnover rose by 3.5 per cent to Aus$4,297m (US$3,241m) and t
Oskolcement produces 1.7Mt
Oskolcement (member of Eurocement Group) produced 1.7Mt of cement in 7M2005, up one per cent y-o-y, the press service of Eurocement has reported.