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Fauji Cement Co Posted Earnings of Pkr1.25bn (Us$11.92m) in The First Half of Fy14

Feb 22, 2014

Pakistan-based producer Fauji Cement Co posted earnings of PKR1.25bn (US$11.92m) in the first half of FY14, up 36 per cent YoY compared to the PKR922m in the comparative period of the previous fiscal. The improved earnings came on the back ...

Tags: Construction, Cement

Omani Cement Firms to Benefit From a Reduction in Dumping by The Neighbouring UAE Producer

Feb 10, 2014

Muscat:Oman s cement companies are likely to benefit from a reduction in dumping by the neighbouring UAE producers and better demand for cement from within the country this year,said a top-level analyst. The Sultanate s two cement ...

Tags: Construction, Omani Cement, Cement

CMS Cement Invests in a Third Cement Grinding Plant

Jan 20, 2014

Sarawak s sole cement manufacturer CMS Cement Sdn Bhd, a unit of diversified Cahya Mata Sarawak Bhd, is investing in a third cement grinding plant, which will boost its installed capacity by one million tonne to 2.75 million tonnes per ...

Tags: Cement, Construction

CCPC of Zambia Starts a Study to Investigate Cement Price Rises in South Africa

Nov 18, 2013

The Competition and Consumer Protection Commission (CCPC) of Zambia has started a study to investigate cement price rises in South Africa, Botswana, Tanzania and Zambia. The four sub-Saharan countries were chosen by the CCPC as a case study ...

Tags: Construction, Cement

CCPC Started a Study to Investigate Cement Price Rises

Nov 18, 2013

The Competition and Consumer Protection Commission (CCPC) of Zambia has started a study to investigate cement price rises in South Africa, Botswana, Tanzania and Zambia. The four sub-Saharan countries were chosen by the CCPC as a case study ...

Tags: Zambia, commission, hiked, cement, price

The Price of Cement Is Now Stabilising in Cross River State

Nov 5, 2013

The price of cement is now stabilising in Cross River State as the product now sells for between N1,500 and N1,550 per bag, the News Agency of Nigeria (NAN) reports. Following a protest by cement dealers, the price of the product ...

Tags: Construction, Cement

Qatari Companies Are Still Not Ready to Gear up Capacity to Meet The Future Cement Demand

Oct 19, 2013

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

Maple Leaf Cement Records an Abnormal Growth in Profits

Oct 1, 2013

Maple Leaf Cement, has recorded an abnormal growth in profits, which was driven by higher cement prices, lower coal prices, dipping interest rates and tax reversal. According to a notice sent to the Karachi Stock Exchange, the ...

Tags: Construction, Decoration, cement

BEIJING-Signs of more appetite in China Add to Evidence of an Economic Rebound

Sep 17, 2013

BEIJING-Signs of more appetite in China for steel and other materials and equipment used in construction add to evidence of an economic rebound, but one driven by a return to ramped-up spending on infrastructure and heavy industry the ...

Tags: Steel, Metallurgy, Mineral, Energy

Electricity Tariff Is Expected to Hit Cement Sector Profitability

Aug 7, 2013

The expected price hike in electricity rates is expected to hit the profitability, though very marginally, of those cement companies that solely rely on the national grid power and do not have Waste Heat (WH) technology, compared to those ...

Tags: Cement, Construction

Good Rains Set to Keep Cement Demand Under Pressure in The Ongoing July-September Quarter

Aug 7, 2013

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

Prices of Cement May Stay Decline in India

Jul 9, 2013

Cement prices declined across the country in the last fortnight except in South despite efforts by manufacturers to arrest price fall ahead of the lean monsoon season. Prices fell Rs 10-20 per 50-kg bag in the last 10 days of June after ...

Tags: Cement Prices

Egypt s the shura council housing committee recommendations implement mandatory pricing

Mar 18, 2013

Egypt s Shura Council housing committee (upper house of parliament) suggested imposing mandatory pricing on the country??s cement firms on Thursday, following recent cement price hikes made by main cement companies of the market, as the ...

Tags: Cement, Construction, Decoration

Egypt, Hatem Announce That The Government Is Considering Imposing Export Duties on Cement

Mar 5, 2013

Minister of Industry and Foreign Trade, Egypt, Hatem Saleh has announced that the government is considering imposing export duties on cement to curb price hike. The government has attributed its decision to the unjustified jump in cement ...

Tags: Egypt, export duties, cement

Oman Cement Co Has Recorded a 36.7% Rise in Its Net Profit From $45.5m

Jan 28, 2013

Oman Cement Co has recorded a 36.7% rise in its net profit from $45.5m (OMR 17.5m) to $33.2m (OMR 12.8m) for the year 2012, according to a company disclosure to the Muscat Securities Market. Total revenue rose 17% to $154m (OMR 59.3m) ...

Tags: Oman Cement, net profit, company news

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