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Vicat cautious on 2009 after sales fall 28 January 2009 Vicat, France's third largest cement maker, reported a decline of 3% in consolidated sales last year to 2,057 billion euros, versus 2,136 billion euros in 2007. However, the company's cement segment sales rose 1,5%. [$] (CW Group)... Type: Article Category: Financial Siam Cement says 2009 outlook bleak 28 January 2009 Reuters. The company halved its dividend. SCC, which earns up to half its profits from petrochemicals, forecast a 10% sales decline in 2009 due to falling prices, and said a planned cement plant in Indonesia had been put on hold, Reuters said. The... Type: Article Category: Financial Oman Cement sees strong demand, progress on upgrades 22 January 2009 based on the existing price of RO 30 per ton of cement, he said. Company officials said they foresaw no prospects of a decline in cement prices in the Sultanate despite reports of a slump in the real estate sector the main driver of cement demand in the... Type: Article Category: Volume & Pricing Saudi Cement Q4 plummets on export ban 21 January 2009 The Saudi Cement Company, Saudi Arabia's second-largest producer, said its fourth-quarter profits declined 21% to Sr131,7 million ($35,12 million) after a government ban on exports. (CW Group) Saudi Arabia introduced the ban on cement exports in June... Type: Article Category: Financial Q&A with Al-Rasheed, CEO of Yamama Cement 19 January 2009 We produced 4,5 million tons of cement and clinker, down from 4,7 million tons in 2007. One of the main reasons for the decline in output was the impact of the governments decision in 2008 to ban the overseas export of cement. This has had a major... Type: Article Category: People Q&A with Al-Rasheed, CEO of Yamama Cement 19 January 2009 We produced 4,5 million tons of cement and clinker, down from 4,7 million tons in 2007. One of the main reasons for the decline in output was the impact of the governments decision in 2008 to ban the overseas export of cement. This has had a major... Type: Article Category: Markets & trade Cement demand plunges 24% in Spain 19 January 2009 Cement demand in Spain fell sharply in 2008, registering a 23,8% decline to 42 million tons. Local stimulus plans are expected to help stabilize demand in 2009, but the prognosis is for a similar decline in demand in 2009. (CW Group) The decline in... Type: Article Category: Volume & Pricing Buzzi Unicem cautious on E.Europe, slows expansion 17 January 2009 In 2008, cement consumption rose 6,4% in Ukraine and 3,2% in Russia. It also said that it saw Czech consumption decline 1-2%, while demand in Poland would increase around 2% on infrastructure builds. Eastern Europe contributed 27% to revenues and 43% to... Type: Article Category: Financial Yamama, Tabuk cement Q4 profits drop sharply 17 January 2009 33% to SR85,1 million ($22,69 million) from SR126,9 million in the corresponding period last year. "The reason for the decline (is) lower sales volumes due to the decision to ban cement export as well as the periodic maintenance of some main production... Type: Article Category: Financial Yamama, Tabuk cement Q4 profits drop sharply 17 January 2009 33% to SR85,1 million ($22,69 million) from SR126,9 million in the corresponding period last year. "The reason for the decline (is) lower sales volumes due to the decision to ban cement export as well as the periodic maintenance of some main production... Type: Article Category: Markets & trade UAE PM receives Lafarge CEO Lafont 15 January 2009 we will not change any plans in the UAE." Officials at Lafarge subsidiaries said they had not experienced any significant decline in building materials volumes at their UAE plants because of the financial crisis and property downturn, according to the... Type: Article Category: People Indonesia demand up 11,5% in 2008 14 January 2009 sales at Indonesia's largest cement manufacturer, PT Semen Gresik, rose 3,7% to 1,43 million tons, but recorded a 42% decline in exports, resulting in a 1% rise in total volume to 1,47 million tons. Copyright CW Group. All rights reserved. Unauthorized... Type: Article Category: Volume & Pricing South Africa sales stay flat in 2008 14 January 2009 and Namibia rose by 158,1% to 18.385 tons, bringing total exports sales since the beginning of the year to 153.065 tons, a decline of 28,2% on a year-to-date basis. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Volume & Pricing Moody's downgrades Texas Industries 13 January 2009 spending," said Moody's. Also, the boost seen in the Texas market during the first half of 2008 has dwindled due to the decline in the price of oil and current economic conditions, the agency noted. Copyright CW Group. All rights reserved. Unauthorized... Type: Article Category: Financial Lafarge US reducing staff in Ravena 13 January 2009 and nine salaried employees will lose their jobs, the Times Union reported. Reagan said the cuts are the result of a 21% decline in cement demand in the United States in 2008 with an 11% drop forecast for 2009. Lafarge had idled the majority of its... Type: Article Category: People December demand rose 12,7% in India 12 January 2009 y-o-y, on strong growth figures from ACC and Ambuja. ACCÔÇÖs robust growth was a result of the base effect (December 2007 decline of 4,8% y-o-y). Aggregate YTD dispatch growth, however, has been just 2,7% y-o-y. Of the out-performers in y-o-y volume... Type: Article Category: Volume & Pricing Swiss cement demand starts to falter in 4Q08 10 January 2009 decreased slightly compared to the previous year in the fourth quarter of 2008. Deliveries were still at 2007 levels, but declined┬á 4,7% compared to September 2008. (CW Group) According to CemSuisse, the country's cement industry organization, the... Type: Article Category: Volume & Pricing Cyprus largest deal in 2008 in cement sector 09 January 2009 M&A involving Cypriot companies tumbled to 1,08 billion euros in 2008, a decline of 60% from the 2,6 billion in 2007. The largest domestic transaction was between the island's two cement companies. (CW Group) 2008 ended four years of deal growth in... Type: Article Category: Mergers & Acquisitions Cemex US to shut Davenport plant 09 January 2009 of the 102-year-old North Coast factory is the result of a severe economic downturn, which has translated into a sharp decline in demand for cement across California, Cemex spokeswoman Jennifer Borgen said according to The Mercury News. "Demand does not... Type: Article Category: Markets & Competition TXI profit drops 87%, plant build delayed 08 January 2009 Mel Brekhus, Chief Executive Officer. "In Texas, which accounts for approximately 80% of TXI's sales, cement consumption declined about 20% this Fall compared to last year. Cement prices in Texas improved 3% from a year ago and about 1% compared to the... Type: Article Category: Financial 226 227 228 229 230 231 232 233 234 235 Results 4641 - 4660 of 4698 Free NEWSLETTER Please enable the javascript to submit this form FREE SIGN-UP Sign in Don't have any account? Create one SHOW Forgot your username/ password? 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