Cement News tagged: International
SGI banking on new gypsum board
Siam Gypsum Industry (Saraburi) Co Ltd hopes the introduction of its new gypsum board will boost sales by nearly 10 per cent this year. The company expects to record sales of Bt3.27 billion in 2005,
India’s ACC to boost capacity to 20.6Mt
Associated Cement Companies Ltd. (ACC) , India’s No. 2 cement maker, said on Friday its capacity would grow to 20.6Mtaq from 16.5Mta after modernisation and consolidation. The
Poor Q1 for Ciments Francais
In the first quarter of 2005, the French cement producer Ciments Francais saw its turnover remain stable year-on-year, while its operating profit dropped 10 per cent, to Euro 73m, with
Italcementi forms joint venture with Arabian Cement Company
Italcementi’s first quarter results were hit by the adverse March weather in Europe and turnover declined by 1.6% to EUR 990.2m, with the EBITDA falling by 14.2% to EUR 166.5m. Exception for Belgium,
New foreign-invested plant to start operation in northern Vietnam
The Taiwanese-bankrolled US$265m Phuc Son Cement Factory in Hai Duong province, about 50km south of Hanoi, is said to have officially begun operations on May 5 following years of delays since constru
Egyptian Gazelle Ltd Co acquires 20.63% in South Valley Cement
Egypt’s private company Gazelle Ltd Company has acquired a 20.63 per cent stake of the local cement company South Valley Cement, the Cairo and Alexandria Stock Exchanges said in a statement.
Manufacturers reeling from power tariff hike, Uganda
Recent power tariff increases coupled with unreliable supply may deal heavy industry a body blow, making them more uncompetitive compared to their regional rivals, industry sources have said.
JCL output capacity badly affected by grinding plant breakdown
Breakdown of a grinding plant at the Javedan Cement last week has adversely affected its production capacity and has brought it down from 2000/1800tpd to about 850/900tpd.
Lucky Cement installs crusher, pre-heater at new unit
The Lucky Cement on Wednesday started the work to install crusher and pre-heater at its new factory on Super Highway, while the civil work has already got underway. The civil work
CRH now ’better positioned’ to handle €0m oil burden
CRH believes it is better positioned now to deal with the continuing high oil price, which added some €50m to its cost base in 2004.
HeidelbergCement sees growth in Eastern Europe and overseas
In first quarter of 2005, HeidelbergCement’s turnover rose by 0.6 per cent to €1355m, but the EBITDA declined by 5.4 per cent to €85m as unfavourable weather across large parts of Europe in March and
Holcim held back by late winter in Europe
The first quarter results from Holcim show group turnover 1.1 per cent lower at SwFr2730m (€1,761m) with the operating profit at the EBITDA level declining by 5.2 per cent to SwFr658m (€425m). Exclud
Demand triggers record cement sales
Last year was a record year for South Africa’s cement industry as it rebounded from the virtually stagnant situation that characterised the 1990s. Demand from the region, which includes South Af
Carib Cement blames wage increase
Caribbean Cement sold 14 per cent more of its products for the first three months of this year than during the comparable period last year, with gross revenue lagging slightly at 11 per cent over the
Cement producers post Q1 results
Chile’s three cement producers Cemento Polpaico, Empresas Melón and Cementos Bío Bío have submitted separate filings to the country’s securities regulator (SVS) reporting first quarter res
Chavez threatens cement firms
Venezuelan President Hugo Chavez threatened cement companies with price regulations if they fail to bring down the prices for their product.