Cement News tagged: International
Indocement 2006 net profit down 20 per cent
Indonesia’s second-largest cement maker, PT Indocement Tunggal Prakarsa Tbk , reported on Thursday a 19.9 per cent YoY decline in its 2006 net profit due to higher selling and transportation cos
Exports lift Chia Hsin profit
Chia Hsin Cement Greater China Holding, a Taiwanese-run cement maker in the mainland, said profit surged on robust export growth last year.
Cement company helps build classrooms in Cebu
Taiheiyo Cement Philippines Inc, in the southern Cebu town of San Fernando has donated some 25,000 bags of cement to the Cebu provincial government
Colombia’s Inversiones Argos seeks to consolidate
Colombia’s Inversiones Argos, operator of the country’s largest cement maker, said on Wednesday it would invest $350m
Carib Cement profits plunge 54%
Caribbean Cement Company paid out just under $305m to settle faulty cement claims in 2006 as restitution for ’non-conforming’ product let loose on the market.
Cement supply gap to stay till 2009, India
While the government has succeeded in forcing a freeze on cement prices for one year effective from March 9, the demand-supply gap in cement,
World Bank favours cement imports, Philippines
The World Bank has recommended importing cement in the short-term period to bring down prices, saying cost competition in the industry “appears to be constrained.”
Govt to meet cement cos this week, India
The government has invited cement makers for talks later this week, finance minister P Chidambaram said on Monday.
Eurocement to invest $30m in Ukrainian Balcem cement unit
Russia’s Euroement Group plans to invest US$30m in its Ukrainian cement plant Balcem, aiming to boost its capacity, said group president Mikhail Skorokhod.
Yemen Corp for Cement to launch new line in Sept’ 2007
State-run Yemen Corporation for Cement Industry and Marketing plans to put into operation in September 2007 a new production line, estimated at US$136m, at its cement plant in Amran.
Romania’s large cement makers will have to double production
Romania’s major cement makers will have to double production capacities to cope with the spectacular rise in the internal demand, which follows the trend of the construction market.
Cabinet discusses cement material situation in markets, Syria
Prime Minister Mohamad Naji Ottri on Tuesday called Ministries of Economy and Industry to take necessary procedures to supply cement material in the local market.
British Aggregates Association launches cement market investigation
The British Aggregates Association, BAA, has brought in a specialist firm to investigate claims that the UK cement market is not operating properly.
Cement prices rise three per cent on higher input costs
The Vietnam National Cement Corporation (VNCC), the country’s biggest cement producer, announced a hike of VND20,000 per ton in cement prices, up 3%
Lafarge Ciments opens EUR20m slag grinding plant in Western France
Lafarge Ciments, the French unit of Lafarge SA, has invested EUR20m (US$26.6m) to open a slag grinding mill in Bassens, western France.
Five year tax holiday to new cement units, India
Unable to put pressure on cement manufacturers to slash prices, the government is planning to offer them a five-year tax holiday to set up more capacity to end the current demand-supply mismatch and c