Titan Cement releases 1H results – net profit up 14.9%
Titan Cement has issued a statement detailing its financial results for 1H 2010. A précis of the statement follows here.
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Titan Cement has issued a statement detailing its financial results for 1H 2010. A précis of the statement follows here.
The Turkish Cement Manufacturers’ Association (TCMA) revealed that Turkey recorded a 12.2% increase in cement production over January – May this year compared to 2009 figures.
FLSmidth & Co. Group saw a sharp increase in order intake in the first half of this year and expectations for the cement market in 2010 remain unchanged at 50 million tpa new contracted cement kiln capacity worldwide (exclusive of China).
Holcim reports higher sales volumes in all segments and better operating results.
For the first time since the start of the economic recession cement production in Russia recorded positive growth in H1.
Sabanci Holdings’s cement group is looking to acquire operations in neighbouring regions.
Uzbekneftegaz and Uzstroymateriali, Uzbekistan, are planning to set up a joint venture cement plant with the Omani Investment Fund in Uzbekistan.
A consortium led by STRABAG, Central and Eastern Europe’s largest construction company, will plan and build a cement factory in Devnya near Varna on Bulgaria’s Black Sea coast.
The United Nations has declared 2010 the International Year of Biodiversity and it is also a year when the Mineral Products Association (MPA) has made clear-cut progress on this front, as well as in sustainable development in general. This update has come direct from the MPA.
The one-time Russian satellite state of Kazakhstan boasts an enviable treasure trove of minerals that is helping the country to become a driving force in central Asia.
At a meeting on 29 July chaired by Yves René Nanot, the Board of Directors of Ciments Français (Italcementi Group), examined and approved the consolidated accounts as of June 30, 2010.
HeidelbergCement’s Q2 results show rise in sales volumes of cement, concrete and aggregates.