Cement News tagged: International
Kenya’s Bamburi Cement pre-tax profits up 42 per cent
Kenya’s Bamburi Cement Group, majority owned by Lafarge, posted a 42 per cent increase in pre-tax profits to KES5.4bn for 2007 on Tuesday.
Vassiliko announces plans to increase production
Production capacity of Vassiliko Cement Works (VCW) is set to increase with the addition of a new clinker production line, is expected to become fully operational by mid-2010.
Italcementi in downstream expansion
Italcementi has expanded its downstream operations by two acquisitions, one in the United States and the other in Kuwait.
Titan held back by US developments
Titan’s turnover declined by 4.5% in 2007 to EUR1,496.9m as the weakness in the United States and, to a lesser extent
Oman Cement Q4 profit falls again, misses forecast
Oman Cement Co, Oman’s largest maker of the building material by market value, posted its third consecutive
Germany to build cement plant in Quang Tri, Vietnam
Germany ’s Metz Group will build a 2Mt cement plant in the central province of Quang Tri .
Nigeria lifts bagged cement import ban for six months
Nigeria has temporarily lifted a ban on importing cement in bags to meet a sharp shortfall in supply that has pushed up local prices
Dyckerhoff Ukraine plans EUR 260m modernisation investment
Dyckerhoff Ukraine plans to invest some EUR 260m in modernising its production facilities.
China Kehua Group to establish cement plant in Ethiopia
Chinese cement producer Zhejiang Kehua Group Co, Ltd will invest USD93m in building a cement plant in Addis Ababa,
Akcansa posts TRY 186m net profit
Turkish Akcansa announced that it recorded a net profit of TRY 185.8m last year while increasing turnover by 20% YoY to TRY690.6m.
Gresik projects 2007 net Profit at IDR1.7trn, discusses expansion plans
The Semen Gresik Group (SGG) is optimistic that its unaudited net profits in 2007 would reach IDR1.7 trillion, up by 31.78% from IDR1.29 trillion in 2006.
Baharoun to set up cement factory in Yemen
The Baharoun investment company has announced it intends setting up a cement factory in the Shuqra region of Abyan governorate, Yemen with a capacity of 1.5Mta.
Work starts on Albanian cement plant
Work started on a new €170m cement plant outside the Albanian capital, in the latest sign of increased foreign investment flowing into the country.
Holcim seen posting strong FY net, focus on outlook
Holcim is expected to post on Wednesday a full year net profit of SwFr4.479bn, up from SwFr2.719bn in 2006
Portugal Semapa 2007 Profit Seen at EUR141m
Portuguese construction and cement group Semapa is seen to post a net profit of EUR141 mln euro (US$209.1m) for 2007
Ambuja Cements to buy three cargo ships, India
To tap the growing demand of cement in the country, Ambuja Cements is expanding its cargo fleet for the internal movement