Cement News tagged: International
Saudi Cement profit up 19%, Saudi Arabia
Saudi Cement Co, Saudi Arabia’s second-biggest cement producer by market value, said-first quarter profit rose 19 per cent as production efficiency increased with additional capacity.
Thailand’s Siam Cement 1Q11 earnings to THB8bn
Kim Eng Securities expects Thai conglomerate Siam Cement’s 1Q11 earnings to be strong at THB8bn (+19% QoQ, +17% YoY) with continuing growth.
Podilskyi Tsement to increase output 15.3%, Ukraine
Ukrainian producer Podilskyi Tsement plans to increase cement output by 15.3% this year, or up 0.2Mt to 1.5Mta.
Shree Cement revives Raipur cement plan, India
Shree Cement, the biggest in the northern region, is to set up a clinker plant in Raipur, Chhattisgarh
Turkey’s Sabanci seeks acquisitions
Turkey’s Sabanci cement group is seeking acquisitions in the region and could spend between TRL1bn-1.5bn (US$660-$988m) on buy-outs this year, its chairman Mehmet Gocmen said.
ACC expects market share to cross 11 per cent mark
ACC, one of the largest cement manufacturers, expects its market share to cross 11 per cent in 2011 from 10.2 per cent recorded in 2010.
Spanish cement demand up 2.2% in first-quarter

Spanish cement consumption in the first quarter reached 5.2Mt, representing a 2.18% increase compared
Saudi cement sector first-quarter results
A number of leading Saudi cement producers have released their first-quarter 2011 results this week with three of the four companies under
Southern Province Cement 1Q profit rises
Southern Province Cement Co said first-quarter profit rose to SAR225.9m (US$60.2m)
Jaiprakash Associates targets 40% growth rate, India
Manoj Gaur, executive chairman of Jaiprakash Associates is surprised at the recent under-performance of this company in the secondary markets
Botswana firm receives mark of quality
Matsiloje Portland Cement (MPC) has been awarded BOS ENV 197-1:1992, a certificate of quality, by the Botswana Bureau of Standards (BOBS).
Siberian Cement to acquire 51% in Angarskcement, Russia
Kemerovo region’s Siberian Cement intends to purchase 51% shares in Irkutsk region-based Angarskcement for $62m from RATM holding
Salt River Materials Group seeks tax reduction, USA
Salt River Materials Group (SRMG), owners of the Phoenix Cement Plant in Clarkdale, Arizona is
Turkish exports rise 7.38% in 2010
Turkish cement exports increased by 7.38 per cent in 2010 compared to 2009.
Argentina March sales rise

After the 3.7 per cent monthly decline witnessed in February, Argentina shipped 924,684t in March (including exports) which represented a
Indonesia exports set to decline this year
Indonesia’s cement exports will likely decline this year, as most of the country’s major cement producers are focusing on the domestic market