Qatar National Cement Company has signed a Letter of Intent with FL Smidth to build a new cement plant in Qatar. Following reports in the Qatari media, the Danish equipment supplier said in a statement, if and when the contract is ...
With a large number of big ticket projects in the offing and a projected demand supply gap, Qatar could face a serious cement shortage scenario in the near future, cautioned a market analyst.Global Investment House (GIH) research analyst ...
Tags: Cement, Construction
ASEC Minya, formally Arab National Cement Company, has begun cement production at its 2Mt/yr cement plant in Minya, Egypt. The ASEC Cement subsidiary has been producing clinker at the site since May 2013. "We are extremely proud to have ...
Tags: Cement, Construction
Qatar National Cement Co (QNCC) has said its net profit in the first three months of this year rose slightly to QR118.64m from QR117.9m a year ago, Gulf Times has reported. Sales rose 1% to QR267.34m, while cost of sales surged 4% to ...
Tags: National Cement, Cement
The Qatar Exchange 20 Index rose for the 7th consecutive session on Wednesday, closing up 1.42%at 8,656.22. Market bellwether Industries Qatar surged 4.24%, finishing at QR169.80. Shares of Qatar National Cement Co. declined 0.50% to QR99. ...
Tags: Cement, Construction
Qatar National Cement Co (QNCC) has announced its net income for 2012 declined to QR425.3m from QR456m in 2011, the Peninsula has reported. QNCC s earnings per share during the year stood at QR8.66, compared with QR9.29 in 2011, it said. ...
Tags: Qatar National Cement Co, earnings, cement
On October,the national cement production is a little more than September and 11.5 percent than last October.But the growth speed is 5 percent slow than the same period of last year.Meanwhile,the flat glass production reduced 1 percent than ...
Tags: cement, flat glass, building material, production
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
The building material economic operation analysis conference of the first three quarters of 2012 was held on October 30th in Beijing. The meeting was held by China Building Materials Federation. Representatives from China Building Materials ...
Tags: market view, Building Material
Cement companies Andhra Pradesh operations continue to suffer due to lower realisations and lower demand in the state.The price of cement in the state has corrected sharply by 10%in last few weeks and is 25%down from the peak levels of Rs ...
Citadel Capital has announced that ASEC Cement is continuing with capacity expansion plans at the Zahana plant in Algeria following completion of an overhaul at the Zahana Cement Company. ASEC is also due to begin commissioning at a new ...
Tags: market view, cement
The National Cement Factory (NCF), Holcim and the Higher Cooperation for Specialized Economic Zones (ZonesCorp) organized a joint full-day cleanup campaign for ICAD I yesterday. The campaign represents one of the many cooperative ...
Tags: market viedw, cement
The average demand for cement in Qatar is estimated at 4.8mn tonnes per annum (mta) in 2012-17, which is higher than the current level, according to a Global Investment House report. Estimates of the demand for 2012 provided by government ...
Tags: market view, demand, cement, increase
Cement prices to increase to 7,500 guarani per bag. (CW Group) Paraguayan cement prices are set to increase in order to allow the National Cement Industry (INC) to generate additional revenue reports ABC. The company plans to raise cement ...
Tags: cement