Cement News tagged: International
Italcementi beats forecasts, sees weaker H2
Italy’s Italcementi posted a forecast-beating 22-percent rise in first-half profit on Monday, helped by stronger demand in its core markets, but gave more cautious guidance for the second half.
Cement Production Up By 20.9%
In July, Ukraine cement production rose by 20.9% or 211,000t compared with July 2003, to 1,220,000t. This was disclosed by the State Statistics Committee. In July, cement production rose by 2.6% or
Cement despatches for August
Gujarat Ambuja Cement Limited (GACL) has reported a 6 per cent increase in despatches for August. This was lower than the growth in July, but one has to bear in mind the transporter’s strike in
Mary Nour still waiting for verdict
The Mexican import saga shows no sign of ending, with the ship still impounded, and the crew apparently virtual prisoners as the ship languishes in the port of Altamira.
Algeria’s H1 cement output up
Algerian cement production rose 17.3 percent to 5.37 million tonnes in the first six months of 2004 year-on-year, an official said on Saturday, to meet booming building demand and reduce its dependenc
Cement sales jump 24 percent
Pakistan cement sales have recorded a growth of 24 per cent in August, as total cement sales stood at 1.292 million tons compared to 1.044 million tons of same period last year. According to the data
TCL announces expansion plan
Trinidad Cement (TCL) plans to spend up to US$161m expanding and upgrading its facilities over the next four years, the Trinidad Guardian reported. The company, which experienced a two-day work stopp
Votorantim and Lhoist create Belocal
The Brazilian cement manufacturer Votorantim Cimentos and the Belgian Lhoist have created a joint venture in the lime segment. Known as Mineracao Belocal, the company will integrate all lime assets fr
Holcim plans to reduce workforce
Holcim plans to reduce the workforce at its Obourg factory in Belgium as part of a cost-cutting program. The reorganization is necessary to make the plant competitive in the European cement market, H
Grasim plans to jack up cement output
Grasim Industries Ltd, the AV Birla group flagship, is poised to expand the capacity of its cement division by 4Mt. Sources said following the acquisition of Larsen & Toubro’s cement unit in July, the
GACL additional cement mill complete
Gujarat Ambuja Cements Ltd (GACL) has announced the completion of its cement-grinding unit at Darlaghat in Himachal Pradesh. The capacity of this plant has now increased by 600,000tpa. The expansion h
Cement sales jump 24%
Cement sales in Pakistan have recorded a growth of 24 percent in August, as total cement sales stood at 1.292Mt compared to 1.044Mt of same period last year.
ACC, Gujarat Ambuja despatches up
ACC and Gujarat Ambuja Cement Ltd (GACL) overcame the transporters’ strike to increase their cement despatches during the month of August. However, Aditya Birla group companies Grasim and UltraT
Gujarat Ambuja boost sales, new plant set for October commissioning, India
Gujarat Ambuja Cements Ltd, India’s third-largest cement maker, said higher exports boosted the company’s August sales by six per cent on year, despite a weeklong truckers’ strike an
GCC prepays US$90m in debt, Mexico
Mexican cement producer Grupo Cementos de Chihuahua has prepaid US$90m in bank debt, reducing overall debt by 39.3 per cent to MXP1.56bn (US$134mn), GCC told Mexico City’s bourse.
Titan doubles capacity in Bulgaria H1 2004
Titan Cement has doubled its production capacity in Bulgaria to 1Mt of cement in the first half of 2004. Titan doubled its production capacity following the acquisition of Bulgarian cement plant in Zl