Cement News tagged: International
Gujarat Ambuja Q2 net drops
Gujarat Ambuja Cements Ltd, India`s fourth largest cement maker, reported a 1.3 percent drop in quarterly profit on Friday as a result of sluggish prices in its key market. The company, which has abo
Dalmacijacement shipments
Croatian shipping company Splitska Plovidba will transport 800,000t of cement of local cement maker Dalmacijacement - RMC Group in 2004, compared to 630,000t of cement in 2003. The management
Taiheiyo cash flow surplus
Taiheiyo Cement Corp expects to report a positive free cash flow of 76.9 billion yen on a consolidated basis for the year ending March 31, up 26 per cent from fiscal 2002. The surplus would be the
East African Portland problems
The Kenyan High Court has stopped the East African Portland Cement from meddling in a cement distribution contract. Commercial Court Judge Mohammed Ibrahim on Tesday issued a temporary
Good growth in Mexico
Mexico`s cement industry will register between 4-5 per cent growth for 2003 based on increased demand from housing and public infrastructure projects, industry analysts and company officials were quot
Tabuk Cement to raise output
Saudi cement producer, Tabuk Cement Company, will raise its daily cement output to 5700t, it was reported on January 14, 2004.
South African cement sales
Cement volumes rose by 13.9 per cent y/y in December to 671,525t after increasing by only 6.8 per cent y/y in November to 875,285t and compared with a 5.9 per cent y/y gain to 6.642Mt in the first nin
New ABB contract
ABB, has been awarded a contract by the consortium leader Ishikawajima-Harima Heavy Industries (IHI) of Japan exceeding Euro 20m, for the new cement production line being built for the Qassim Cement C
Chile sales rising
Local cement deliveries in Chile grew 4.6 per cent in 2003 to 3.62Mt, according to a report by local financial firm CB Capitales.
Argentine Juan Minetti
Argentine cement producer Juan Minetti will make investments totalling $1.5m to restart clinker production at its Yocsina facility, Cordoba province, northern Argentina.
Turkish Bursa Cimento
Turkish cement and clinker factory Bursa Cimento targets a 5.0 per cent growth in 2004, the director general Burhan Evcil said on January 13, 2004. The company produces 1.8Mt of cement annually. It h
Argentine Cerro Negro to invest
Argentine construction company Cerro Negro, owned by CRH, announced an investment plan, totalling US$10m aimed at expanding activity, it was reported on January 13, 2004. With this initiative
Indian producers - good quarter
Cement makers are set to report largely solid quarterly earnings despite disappointing volume growth, helped by cost savings on power and materials, and analysts expect the profitable trend to extend
Dangote pay-off at Benue
Dangote Industries Limited, Nigeria, the core investor in the Benue Cement Company is to commit
Thai TPI Polene new share offering positive
Thai cement maker TPI Polene is likely to succeed in its twice-aborted sale of a US$284.8m stake to the public this week, a deal that will accelerate its debt restructuring, analysts said. They said
DTI may review cement tariffs
The Philippine Trade department is continuously monitoring cement prices and could still revise an earlier decision slashing cement duties to P15.60 from P20.60 per 40-kilogram bag. Trade and Industr