An increase in construction activity and government funded infrastructure projects in Oman is set to boost the country s cement market. Demand for cement is predicted to grow at an annual rate of 6% over the next four years, according to a ...
Tags: Cement, Construction
CBR,part of HeidelbergCement,announced Wednesday to staff representatives that the company plans to close the Harmignies 0.22Mta white cement plant in Belgium,a move which is expected to affect 97 jobs. "This announcement can be ...
Tags: Cement Plant, Construction
Saudi Arabia's cement sector is facing a slowdown in demand due to the knock-on effect that the recent visa crackdown in the Kingdom has had on construction projects. Efforts to boost Saudi employment in the construction sector has led to ...
Tags: Saudi Arabia, cement market, construction projects, shortage of labourers
SCG, Thailand s largest industrial conglomerate, showed a 53 per cent increase in the reviewed third-quarter net profit, to THB 9.79 billion. The reviewed figures present no change from the unreviewed statements revealed last week. It ...
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
PT Semen Indonesia (Pesero) Tbk is establishing a packing plant in Banjarmasin, Indonesia. The company has reported that the facility was 90% complete as of August 2013. It is expected to begin operating in 4Q13. Rp120 billion has been ...
Tags: Packaging, Printing, cement, Construction
Following the announcement last week that a consortium of ASEC Cement and Qemmet El-Iraq will rehabilitate and manage Iraq's Muthanna Cement, owned by Southern Cement Company, comes news that a new plant is to be built in the Karbala ...
Tags: Cement, Construction
Holcim Philippines Inc. will reopen this month its grinding cement plant in Mabini, Batangas that will boost the company s production by 1 million metric tons per year. Holcim Philippines chief executive Ed Sahagun said in a news briefing ...
Tags: Construction, Decoration
Pakistan Cement export posted an increase of some 12 percent, month-on-month, during the first month of current fiscal year 2013-14. According to July 2013 figures released by All Pakistan Cement Manufacturers Association (APCMA), ...
Tags: Cement, Construction
Good rains that are likely to remain strong for the rest of the monsoon are set to keep cement demand under pressure in the ongoing July-September quarter. While demand for cement between May-end and June was supported by pre-monsoon ...
Tags: Cement, Construction
In the course of the first half of 2013, Titan further strengthened its fundamental financial metrics, increasing sales, generating positive free cash flow and further reducing net debt. The robust recovery in the USA and resilient demand ...
Tags: Construction, Decoration
Raysut Cement, one of two major listed cement manufacturers in Oman, has announced that its first quarter pre-tax profits grew by a third during the first quarter of 2013 to $23.7m (OR: 9.13m). The company s revenues grew by 2% to $65.5m ...
Tags: Raysut Cement, Cement
Cement manufacturers in India are hopeful that the government will take the promised action to boost the country's industrial climate, according to a recent report. Cement demand was slightly subdued in the last financial year, forcing ...
Tags: Cement, Construction
(Muscat, Oman) -- On the back of increased government spending on infrastructure and mega projects, demand for cement is expected to grow at higher pace this year. In the Oman budget for 2013, RO 600 million has been earmarked for roads ...
Tags: Cement, Cement Demand, Further Rise
Cement prices in India have dropped around 6% since June this year. The dip in cement prices can be attributed to a slowdown in construction and the Competition Commission of India (CCI) order that penalized 11 cement companies, accusing ...
Tags: cement prices, India, June, dip