Cement News tagged: International
Bhutan cement prices reach all-time high
At Nu 3,025/t (US$68/t) locally produced cement has reached its highest prices ever according to the Penden cement authority limited (PCAL) in Gomtu, Samtse.
SCCC plant to resume production next week
The Department of Industrial Works said it expects the second cement plant of Siam City Cement Plc (SCCC) in Saraburi province to resume production next week after an explosion early last week.
Rioclaro profit at US$4.18m in 1Q04
Colombian cement manufacturer Cementos Rioclaro SA said on April 27, 2004 its net profit for the first quarter of 2004 totalled COP10.979bn US$4.179m, down from COP11.477bn (US$4.368m) for the first
Henan to build cement production line
Songji Group that is in Dengfeng City of Henan Province and the Hangzhou-based Jinjiang Group cooperatively invest CNY630m in building a power plant and a cement production line.
Gulf Cement 1Q04 net profit surges
The net profit of UAE cement maker Gulf Cement Company surged 364 per cent YoY to AED35.7m (US$9.7m) for the first quarter of 2004. The company’s sales rose to AED96.4m (US$26.2m) in the first
China’s Anhui Conch Q1 net profit surges on sales, prices; sees big rise in H1
Anhui Conch Cement Co, China’s leading cement producer, said its first quarter net profit surged 443 pct YoY to 443.20m yuan, on the back of strong sales and an average YoY price increase of 44.
Eagle Materials optimistic on outlook for volumes and prices
Eagle Materials, formerly Centex Construction Products, generated a turnover 17.1 per cent higher at US$502.6m for the year to the end of March 2004. The trading profit rose by 13.1 per cent to US$1
Siam Cement posts record quarterly high
Siam Cement has posted a record-high quarterly net profit for the first quarter this year, thanks to strong showings of most its core businesses, particularly petrochemical and cement. The company&rs
Chia Hsin unit considering secondary share placement
Chia Hsin Cement Greater China Holding, a spin-off of Taiwan-listed Chia Hsin Cement, is considering a secondary placement in Hong Kong after raising US$54m at the height of the initial public offerin
TPI Polene proposes new refinancing terms for US$ 1.1bn debt
Thai cement maker TPI Polene PCL has proposed new refinancing terms for its US$ 1.1bn debt, which will require a plan amendment, a legal adviser to the company’s creditors said. Lersak Kancvalsk
Gresik investment cancelled
Publicly listed cement producer PT Semen Gresik said it has decided to cancel a US$200m expansion plan in eastern Indonesia as the project is not feasible, according to local news reports.
East African Portland Cement appointment
Mr Lerionka Ole Tiampati, the managing director of Kenya Tea Packers, was yesterday named the CEO at East Africa Portland Cement (EAPC) company.
Chia Hsin Cement
Chia Hsin Cement Greater China Holding Corp announced its major operating subsidiary delivered first-quarter 2004 net profit of CNY51.0m – nearly as much as it made in the entire first half of 2003.
Turkish Askale Cimento to export US$7.5m cement to Iran
Turkish cement producer Askale Cimento Fabrikasi in Erzurum, eastern Turkey, has signed an agreement to export cement for US$7.5m to Iran.
Duna-Drava planning HUF5bn development
Cement producer Duna-Drava Cement Kft (DDC) is planning developments at its factory in Beremend (southern Hungary) that could total as much as HUF5bn, the company said. Duna-Drava is owned 50-50% by G
Melón to decide on new plant in September
Chilean cement company Empresas Melón will decide in September whether to build a new cement plant in Region VIII or a limestone plant in Region III, according to Melón finance director Joao Pereira,