The cost of construction is set to go up further following an increase of Rs10-20 made in the prices of cement by manufacturers in the southern region. Retailers said that after the jump in prices, retail price of Falcon cement hovers ...
Tags: cement, decoration
Kohat Cement Company Limited has become a subsidiary of ANS Capital as the sponsors of Kohat Cement have transferred 55 percent of their holding to the latter. According to the details, six of seven directors of the cement maker – ...
Tags: Cement, Construction
Asia Cement, the Thai unit of Italy s Italcementi Group, projects slower revenue growth next year on a likely weaker domestic market and uncertainty over the government s THB 2 trillion infrastructure investment. Co-managing director ...
Tags: Construction, cement
India s Jaiprakash Associates is to sell its cement plant in Gujarat state to UltraTech Cement in a deal worth around $594m (INR:38bn) including debt. The companies told Bahrain's Gulf Daily News that UltraTech, India s largest cement ...
Tags: Cement, Construction
Major players in Indonesia's cement industry have each posted solid growth in revenue in the first half of the year on the back of solid demand for the building material, but that has not translated into profitable results for all of them. ...
Tags: Cement, Construction
Omani cement maker Raysut has reported a 19.6% growth in net profit for the first half of 2013 to OR16.38m from OR13.69m in the same period last year, on the back of increased sales and better price realisation through market optimisation, ...
Tags: Construction, cement
French cement maker Lafarge has confirmed its goal to cut debt below €10bn ($13bn) this year, and said it would aim to cut it further below €9bn ($11.95bn) in 2014 as it seeks to regain its investment grade, Reuters has reported. ...
Tags: cement maker, Lafarge
Mexican cement maker Cemex has revealed plans to invest around $100m in expanding its operations in Egypt, Ahram has reported. "A sizable percentage" of the amount will be used to boost its capacity to use coal, pet coke, and other fuels at ...
Tags: Cement, Construction
South African cement firm PPC plans to enter the Democratic Republic of Congo with a $200 million factory, its chief executive said. This cement plant is part of PPC's drive to boost sales outside its home market. The company plans to ...
Tags: Cement, Construction
The Scaffolding Division of Harsco Infrastructure s UAE operation, Quebeisi SGB LLC, scooped the trophy for safe working throughout the year from Lafarge - operator of Emirates Cement Plant in Fujairah. "We have the satisfaction of a job ...
Tags: Construction, Scaffolding
Iraqi Cement State Co has warned that cheap and low-quality imports of cement are making it hard for it to sell its products and might even lead to the collapse of the industry without immediate state support, Azzaman has reported. The ...
Tags: Iraq, cement, cement industry
Nigeria s Dangote Cement re-opened its Gboko cement plant on Thursday, after it was shut last month because of over supply, bringing back a fifth of the firm s overall production. The country s biggest cement maker shut the plant, which ...
Tags: Gboko cement plant, cement, cement market
Oman Cement Co has posted a 36.7% increase in its net profit for full-year 2012 to OR17.5m, compared with OR12.8m in the previous year, Muscat Daily has reported. "The growth in net profit is mostly volume driven with some recovery in local ...
Tags: Oman Cement, cement, construction, cement price
On BSE, 7,509 shares were traded in the counter as against average daily volume of 12,016 shares in the past one quarter. The stock hit a high of Rs 1,906.80 and a low of Rs 1,845.95 so far during the day. The stock had hit a record ...
Tags: Ultratech Cement, daily volume, company news
Faced with a pending debt payment at the end of March, Caribbean Cement Company (Carib) has increased the prices by an average 16.5 per cent. Having already implemented a 9.2 per cent price increase in June, the manufacturer should see ...
Tags: debt payment, domestic sales, revenue, new terms, Carib