Italcementi s net profit for the first nine months of 2012 has fallen by 92% to Euro17.1m from Euro213m in the same period in 2011. The Italian cement major blamed the on-going crisis in western Europe and new competition in Egypt and ...
Tags: market view, cement
Saudi Cement Company, one of the largest producers of cement in the Kingdom, has announced plans to replace three of its existing cement mills with two new lines that have a higher capacity. The three old mills have a capacity of 360 tons ...
Tags: market view, cement
Promoters of a multi-million dollar cement plant in Oman s northern city of Al Duqm are identifying mines for the project s main raw material limestone in the area, Times of Oman has reported, citing unnamed sources. The Duqm cement project ...
Tags: market view, cement
Union Cement reported a turnaround in its profitability despite flat sales in the first half of the year. The company said that net profit for the first nine months grew to $12.2m, compared with a loss of $7.3m during the same period last ...
Tags: market view, cement
Cement despatches for the month of October decreased by 5.87 percent primarily because of a drastic decline of 20.59 percent in cement export, said the manufacturers on Monday. They said local despatches, however, showed a marginal growth ...
Tags: market view, cement
A turnaround in the financial fortunes of Ras Al Khaimah Cement Co in 2012 has been attributed to a "tremendous increase" in the amount of cement exported overseas. The company s revenues for the nine months to September 30 grew by 27% to ...
Tags: market view, cement
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
Cement dispatches for October declined by 5.87 percent mainly due to a drastic decline of 20.59 percent in cement exports, while local dispatches show a marginal growth of 0.19 percent, according to official data on Monday. Revealing the ...
Tags: market view, cement
Cement despatches for the month of October 2012 declined by 5.87 percent mainly due to a drastic decline of 20.59 percent in export of cement while local despatches show a marginal growth of 0.19 percent. Revealing the data for the month of ...
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
Egypt s cement market has witnessed an increase that has caused resentment among wholesalers. "Since before the Eid holiday, cement producers have been pressing to increase price per tonne, " cement wholesaler, Khairy El-Batrawy said. ...
Tags: market view, cement
The profit after tax of DG Khan Cement has increased to Rs 1, 438.898 million in the quarter ended September 30, 2012 as compared to Rs 317.749 million earned in the corresponding period in 2011. The board of directors of the company in its ...
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
Qatar has become the most expensive construction market in the Gulf in terms of raw materials costs, says a new research report by business intelligence service MEED. In its "Third Quarter Construction Costs & Outlook Report", MEED reports ...
Tags: market view, cement
Intuit has integrated the online marketing software gained through its$423.5 million acquisition of Demandforce with its QuickBooks accounting software,giving small businesses a way to make closer connections with customers,the company ...
Tags: Intuit, online marketing software, Demandforce, QuickBooks