Cement News tagged: International
Benue Releases N15m for cement factory
In a bid to ensure the realization of inherited on -going projects in the state, Benue State Government has released the sum of N15 million
Cement output up 8.4%, West Bengal
Cement production in West Bengal grew by 8.4 per cent compared to an India average of 9.8 per cent during 2006-07.
Eagle Materials reports record second quarter cement profits
Including its share of the jointly-owned Texas Lehigh Cement, first half turnover at Eagle Materials showed a 15.4% decline in turnover to US$478.7m,
CPC may reopen cement merger file again, Cyprus
The Commission for Protection of Competition (CPC) may decide to reopen the cement merger deal between
Shree Cement July-Sept net up 36 per cent, trails forecast
Shree Cement Ltd on Tuesday posted net profit of 1.06 billion rupees for the July-Sept quarter, trailing analysts’ forecast.
Mexico’s GCC 3Q net profit rises 22.1 per cent
Mexican cement company Grupo Cementos de Chihuahua (GCC) said Tuesday its third-quarter net profit rose 22.1% on robust sales in Mexico and the US.
Eurocement to increase Ukraine output by 33%
In 2008, Kyiv-based Eurocement Group Ukraine, a subsidiary of Eurocement Group (Moscow), plans to increase cement production by 33.33% – equivalent to
Cameroon gov’t calls for cancellation of price increase
Cameroonian Trade Minister Luc Magloire Mbarga Atangana on Tuesday demanded that Cameroon’s CIMENCAM,
Baltsem launches fifth cement kiln
Balakliya-based Baltsem Company, Kharkiv region, Ukraine has commissioned its fifth cement kiln with a cement capacity of 1Mta.
Taiwan Cement, Chia Hsin to merge HK Subsidiaries at end-Oct
Taiwan Cement Corporation recently announced that its subsidiary – Taiwan Cement International will officially merge Chia Hsin Cement Corporation’s subsidiary
Indonesia consumption drops to lowest level
Indonesian cement consumption in September fell by 2.4% from September last year, or the sharpest decline in the past nine months.
PPC to expand Gaborone plant, Botswana
PPC Botswana will invest R6.5m in expanding its Gabarone facilities as demand for cement in Botswana continues to rise.
Indian cement industry to grow by 10 per cent in 2007-08
The demand for cement in India is expected to grow by 10 per cent in 2007-08 fiscal driven by housing sector, a senior industry official said.
Eagle Materials posts 47% Q2 earnings decrease
Eagle Materials Inc reports that, for the quarter ended September 30, its revenues and net earnings were $210.5m and $34.8m, respectively.
Olympus Capital agrees to invest US$28m in Chinese Cement Co
Olympus Capital Holdings said Tuesday it agreed to invest $28 million in Chinese cement producer Sichuan Golden Summit (Group) Joint Stock Co.
AV Birla group to raise cement production capacity
The Aditya Birla Group today said it will increase its cement production capacity by almost 50 per cent to 46Mt in the next one year as it seeks to increase sales and gain higher market share.