Cement production has stopped at Zambezi Portland Cement in Ndola due to a dispute over the company s shareholder structure, according to The Times of Zambia newspaper. A senior source at the cement producer said that management officials ...
Tags: cement
Iran s deputy minister for industry has said the Islamic Republic is set to become the world s third-largest cement producer by the end of the current Iranian year (March 20, 2013), Fars news has reported. "We hope that a total of 75 ...
Tags: deputy minister for industry, cement producer, third-largest
ASEC Engineering has won its second consecutive 10-year contract for the technical management of Misr Qena Cement in Egypt.Speaking on behalf of ASEC Engineering in Qena,chief executive officer Mohamed Gala Yakout,said:We are very pleased ...
Tags: Asec Engineering, Renewal, Cement Producer
South African food company Tiger Brands has agreed to acquire 63.4% stake in Dangote Flour Mills, a leading manufacturer of pasta and flour in Nigeria, from Dangote Industries. Tiger Brands announced in May 2012 that it was holding ...
The News reported that under a strategy to make its presence possible in the lucrative developing markets of Africa and Asia, Lucky Cement has now approached the Indian government to acquire details about setting up a cement production ...
Tags: lucky cement, plant, Indian market
New Minya Governor, Dr. Moustafa Kamel Eissa, tours ASEC Cement s $360m state-of-the-art greenfield cement plant as it initiates cold run testing. ANCC will create a total of 1, 200 direct and indirect jobs in Upper Egypt. The new Governor ...
Tags: market view, cement
Sephaku Cement, the first indigenous player in South Africa’s cement industry of over 70 years, has signed up 1.95 billion rand ($222 million) of domestic debt funding for its 3.4 billion rand ($390 million) cement plant and clinker ...
Tags: market view, cement
Saudi cement producer, Yamama Cement Co has reported a 22% year-on-year increase in its net profit to SR487m ($129.8m) for the first half of 2012, compared with last year s reported SR400m. Yamama attributed the rise in sales to a boost in ...
Tags: market view, cement
Saudi cement producer Yamama Cement Company reported a 22 per cent YoY rise in its net profit to SAR487m (US$129.8m) for the first half of 2012, up from SAR400m a year ago. The increase was attributed to a rise in sales as a result of ...
Tags: market view, cement
Kuwait Cement Company said in a bourse filing yesterday it booked a net profit of KWD8.84m (US$31.3m) for the six months ended June 30, 2012, slightly up from KWD8.69m a year earlier. The cement producer reported earnings per share (EPS) of ...
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Publicly listed cement producer PT Indocement Tunggal Prakarsa will begin a massive expansion in the second half of the year to take the advantage of the country s growing cement demand. We will spend a huge amount of money in the second ...
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Reuters reported that Southern Province Cement reported 9.6% rise in quarterly profits citing the start up a second production line at one of its plants and increased demand from local markets. Saudi Arabia s biggest cement producer by ...
Tags: market view, cement
Oman Cement Co (OCC) has announced plans to increase its cement grinding capacity, as it reported a robust 23.9% profit growth in the first quarter, Times of Oman has reported. Net profit during the quarter climbed to OR5.14m from OR4.15m ...
Tags: market view, cement
Jaypee Cement s Rs 2, 500-crore cement plant near Jaggayyapeta in Krishna District, Andhra Pradesh, will commence production next month. The plant, with a cement production capacity of five million tonnes a year, will cater mainly to ...
Tags: market view, cement
Sri Lankan cement producer Tokyo Cement, the largest of only two local cement manufacturers, will continue its revenue growth over the short to medium term, according to ratings agency RAM. This is a result of a positive oulook for the ...
Tags: market view, cement