Cement News tagged: International
Pavilion Technologies launchesPavilion8
Pavilion Technologies, a world leader in advanced process control and environmental compliance solutions, announced today the availability of Pavilion8(TM), an integrated software suite that enables p
Cemex divests investment in Cementos Bio Bio, Chile
Cemex announced that it has divested its 11.92 per cent interest in Cementos Bio Bio, S.A. for approximately US$6 m or an implied enterprise value to EBITDA of nine times.
Japanese cement sector outlook ’stable’
The general outlook for the Japanese cement sector continues to be stable, comments Moody’s Investors Service in a new report.
Indonesia’s Semen Cibinong to raise production, reduce exports
Indonesia’s PT Semen Cibinong aims to produce 7.25Mt of cement this year, up from 6.22Mt in 2004, its president Timothy David Mackay said.
GCC profits fall 17 per cent on domestic construction slowdown
Grupo Cementos de Chihuahua reported a MXP124m(US$11.2m) net profit in the first quarter of 2005, dropping 17.1% from 1Q04, company CEO Manuel Milán said during a conference call.
Polimix invests R$70m in new cement plant
The Brazilian Polimix Concretos is investing R$70m until the end of 2006 in a cement plant with a capacity of 1.2mil mtpy in Rio Branco do Sul (Parana) to supply the domestic market.
Cemex Asia keen to build cement factory in Indonesia
Cemex Asia Holdings Ltd said it wants to invest in Indonesia’s cement industry to help the country cope with a cement supply shortage expected in 2007-2008.
TCL plans US$220mn expansion projects , Caribbean
The Caribbean’s leading producer of cement and ready-mix products, TCL Group, expects to spend up to US$220mn to expand operations at its subsidiaries throughout the region, Daily Nation reporte
Cement prices go up 3% on housing boom, India
Domestic cement companies raised prices in Mumbai by about three per cent as a housing boom and government spending on roads and bridges fueled demand, distributors said. Shares of cement companies ga
St Lawrence Cement abandons Greenport construction
After the negative determination from the New York State Department of State (DOS) the board of directors of the Canadian Holcim Group company has decided not to pursue the project to build a new ceme
Cemex names new CEO of Croatian arm
Cemex has appointed Juan Carlos Ernesto Rincon Restrepo as chief executive officer of its Croatian subsidiary Dalmacijacement. The new CEO will replace Vinko Janjak, who is retiring, Dalmacijacement
Yanbu Cement Co Q105 net profit at US$28.1m
Saudi cement producer Yanbu Cement Company (YCC) posted a net profit of SAR105.2m (US$28.1m) for the first quarter of 2005, slightly up from SAR104.9m (US$28m) in the year-ago period.
Jaypee cement targets 10Mt output by 2007
ALLAHABAD, Apr 23: Jaypee cement is targetting a total output of 10Mt with its new plant in Himanchal Pradesh expected to commence production in 2007.
Raysut Cement Co net profit increases, Oman
Oman’s cement producer Raysut Cement Co achieved a net profit of OMR2.283m (US$5.9m) in the first quarter of 2005, compared to OMR1.382m (US$3.6m) in the same period of 2004, Oman’s bourse
Commerce Ministry Monitoring Cement Price, Saudi Arabia
In its continued efforts at monitoring the availability of products in the market and their prices, the Ministry of Commerce has noticed the increase in the price of cement. The ministry attributed th
CEMEX’s First Quarter 2005
CEMEX announced today that its consolidated net sales for the first quarter of 2005 were US$2.6 billion, 43 per cent higher than in the same period of 2004. Consolidated results for first quarter 2005