Posted by wenbi in : Special Issues ,
Build your profits and develop new business
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LANGUAGE OF TEXT: English
PUBLICATION DATE: Before 30th of every January.
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For those who are in search of quality conscious suppliers to deal with, it is an indispensable guide to source profitable and price-competitive products, or alternative suppliers.
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Posted by author in : Building ,
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Section: Stocks - 3Q07 net profit was in line with our expectation at Bt7.55bn, slipping 0.6% y-o-y despite gain from sales of ATC shares and other assets .
Thai Press Reports via NewsEdge Corporation :
Section: Stocks - 3Q07 net profit was in line with our expectation at Bt7.55bn, slipping 0.6% y-o-y despite gain from sales of ATC shares (Bt1.92bn) and other assets (Bt891m).
Core profit fell 44.6% y-o-y to Bt4.74bn, below expectation mainly due to lower EBITDA margins. Its cement business was hurt by strong competition, lower export margin and higher energy cost. Narrower product spread was behind the weak performance of its petrochemical segment. The PTA business booked an operating loss due to high feedstock cost (Paraxylene). The Paper segment was also affected by high raw material and energy costs.
SCC’s operating cash flow remained strong at Bt25.9bn, and interest coverage ratio was still high at 9.7x.
(DBS Vickers Securities (Thailand): 25 October 2007)
<<Thai Press Reports — 10/26/07>>
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Posted by author in : Building ,
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fnWEB - Bangkok - October 25, 2007 - Siam Cement, Thailand’s giant cement producer, has affirmed it will maintain local cement prices despite increasing production costs.
FnWeb.com via NewsEdge Corporation :
fnWEB - Bangkok - October 25, 2007 - Siam Cement, Thailand’s giant cement producer, has affirmed it will maintain local cement prices despite increasing production costs.
Karn Trakulhoon, the company’s president, said the firm had seen no need to raise prices of products under the group’s umbrella despite higher production costs attributed to rising oil prices.
He said the company would instead opt to reduce operation costs in other areas.
Mr. Karn conceded the firm’s decision to maintain its cement price levels was in part due to concerns over slow consumer spending and a sluggish property market.
However, the Siam Cement chief said, the export potential looks bright since the demand in the world market remains high.
Last year, the company exported nearly 7 million tonnes of cement.
In the first three quarters of this year, the firm had already exported almost as much as in the last entire year — over 6.1 million tonnes of cement — and was confident that exports for the whole of this year will be more than 7.5-8 million tonnes.
Cement magnate Karn said prices of cement for export markets are determined according to global prices and competition. So, the company must raise its prices when prices in the world market increase.
<<FnWeb.com — 10/26/07>>
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Posted by author in : Building ,
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Oct. 23–MUMBAI, India — India Cements Ltd’s July-September net profit rose 90 per cent to Rs 222.65 crore compared with Rs 117.32 crore in the same quarter of the previous year.
Ecomonic Times, The (India) (KRT) via NewsEdge Corporation :
Oct. 23–MUMBAI, India — India Cements Ltd’s July-September net profit rose 90 per cent to Rs 222.65 crore compared with Rs 117.32 crore in the same quarter of the previous year.
Total income for the September quarter increased by 52 per cent to Rs 896.09 crore, against Rs 591.50 crore in the same period year ago.
However, the accounts for the quarter have been prepared after taking into account the transactions of Visaka Cement Industry Ltd and therefore not comparable with the corresponding figures of previous period.
At 12:56 pm, India Cement shares were up 4.95 per cent at Rs 282 on BSE. The stock had surged 7.37 per cent to Rs 288.30 earlier today.
<<Ecomonic Times, The (India) (KRT) — 10/25/07>>
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Posted by author in : Building ,
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: India Cements Ltd’s July-September net profit rose 90 per cent to Rs 222.65 crore compared with Rs 117.32 crore in the same quarter of the previous year.
The Economic Times (India) via NewsEdge Corporation :
: India Cements Ltd’s July-September net profit rose 90 per cent to Rs 222.65 crore compared with Rs 117.32 crore in the same quarter of the previous year.
Total income for the September quarter increased by 52 per cent to Rs 896.09 crore, against Rs 591.50 crore in the same period year ago.
However, the accounts for the quarter have been prepared after taking into account the transactions of Visaka Cement Industry Ltd and therefore not comparable with the corresponding figures of previous period.
At 12:56 pm, India Cement shares were up 4.95 per cent at Rs 282 on BSE. The stock had surged 7.37 per cent to Rs 288.30 earlier today.
<<The Economic Times (India) — 10/23/07>>
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Posted by author in : Building ,
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AMMAN, Oct 21, 2007 — Jordan and Saudi Arabia on Sunday announced an agreement on the establishment of a cement factory with a total investment of 400 million U.S.
Comtex Finance via NewsEdge Corporation :
AMMAN, Oct 21, 2007 (Xinhua via COMTEX) — Jordan and Saudi Arabia on Sunday announced an agreement on the establishment of a cement factory with a total investment of 400 million U.S. dollars in southern Jordan.
The new cement plant, which will provide more than 300 job opportunities, is expected to start operation in the fourth quarter of 2009, with a production capacity estimated at about 5, 000 tons per day.
The plant, which is Saudi company Arabian Cement’s first move outside the kingdom, will be located in Karak, about 90 km south of Amman.
Speaking at a press conference, Maen Nsour, director of Jordan Investment Board, welcomed the investment in Jordan, saying it wasa reflection of the confidence of Arab investors in Jordan’s investment environment.
The Jordanian government is keen to provide a stimulating environment to encourage local and foreign investments, particularly in infrastructure improvement and amendments of legislation and laws, he said.
Abdullah Mohammad Al-Issa, Chairman of the Board of the ArabianCement, also told the press conference that choosing Jordan as a location for such a big and vital investment was consistent with the company’s strategic expansion plan in the Middle East and North Africa.
He said it was the open investment environment and facilities that encouraged them to place their first investment outside SaudiArabia in Jordan.
Established in western Saudi city of Jeddah in 1956, Arabian Cement is considered the largest cement manufacturing company in Saudi Arabia and the Gulf region.
<<Comtex Finance — 10/22/07>>
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Posted by author in : Building ,
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Oct. 21–Quality Ready Mix, a Wapakoneta-based concrete company, opened a new batch plant in Fort Shawnee on Friday. The new facility, at 1797 South Dixie Highway, is the company’s fifth batch plant. The other plants are located in Bluffton, Lima, St.
Lima News, The (Ohio) (KRT) via NewsEdge Corporation :
Oct. 21–Quality Ready Mix, a Wapakoneta-based concrete company, opened a new batch plant in Fort Shawnee on Friday.
The new facility, at 1797 South Dixie Highway, is the company’s fifth batch plant. The other plants are located in Bluffton, Lima, St. Marys and Wapakoneta.
<<Lima News, The (Ohio) (KRT) — 10/22/07>>
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Posted by author in : Building ,
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Best , concrete paving manufacturer, will start the construction of the largest concrete paving production plant in Romania in Feb 2008. Best wants to build four large production halls near Pitesti, Romania. Each of the halls should have one production line with 100 workers.
Access Czech Republic Business Bulletin via NewsEdge Corporation :
Best (Rybnice, Czech Republic), concrete paving manufacturer, will start the construction of the largest concrete paving production plant in Romania in Feb 2008. Best wants to build four large production halls near Pitesti, Romania. Each of the halls should have one production line with 100 workers. In Oct 2007 Best bought a sand pit in Romania. Best is the number one with a 40% share on the concrete paving market in the Czech Republic, where it produces 3 mil s mt/y of paving and 9 mil pieces/y of other concrete products at four plants with 350 employees. Best expects proceeds of more than CEK 1 bil in 2007. Best’s competitors in the Czech Republic are Beta (Czech Republic), Presbeton (Czech Republic) and CS-beton (Czech Republic).
<<Access Czech Republic Business Bulletin — 10/19/07>>
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Posted by author in : Building ,
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Holcim, a global cement manufacturer of Switzerland, is acquiring further stake in Ambuja Cements Ltd at a cost of around $1.34 billion.
India Business Insight via NewsEdge Corporation :
Holcim, a global cement manufacturer of Switzerland, is acquiring further stake in Ambuja Cements Ltd (ACL) at a cost of around $1.34 billion.
It will acquire 3.9 percent from the promoters of ACL at Rs154 per share for around $220 million (Rs900 crore). It proposes to offer a cost of $1.12 billion to ACL’s shareholders to acquire 20 percent of the fully diluted equity at Rs154 per share.
With these proposed acquisitions, Holcim’s stake in ACL will increase to 56 percent from 32.30 now. Holcim, which already has 43 percent stake in ACC Ltd, another cement company of India, aims to consolidate its presence in Indian cement market.
<<India Business Insight — 10/19/07>>
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Posted by author in : Building ,
ttnet.net - [2006/01/24]
U.S.
Surveyed by HIRI/Global Insight, the US home improvement products tend to continue robust growth through 2008. The total market size will reach $313.5 billion with a composite annual growth rate of 3.3% over the 2005-2008 period, slightly better than the pace of overall economic growth.
CHINA
This price adjustment recently certainly will have a ripple effect on the building trade of builders and home building materials due to international economic booming and Mainland China demands increasing. It makes the first time of price mark-up for international building materials in recent years. In addition to above the factor uplifting this building materials price, the materials hoarding and cornering are in some large industries, and the raising of China production and consumption which encourage the volumes of steel import, these reasons widen the pressures to rise up the international price of building materials.
According to the data, the timber price has been risen 20% to 40% dramatically. And the steel price is also risen 50% to 53% approx. Sources expressed that this sudden and unprecedented rise in steel prices impact the relatives industries, besides the building materials also cost up. For examples, the materials cost US $ 7,900 in last year, but they cost US $ 12,300 in this year after the price adjustment, the building materials cost 1/3 of entire selling price.
The experts of the housing and economy says: building materials price is like a war which will last for a long period of time, the sustained building materials price mark-up will shift the impact to the consumers, and rise the selling price of new house.
JAPAN
The total value of the remodeling building materials market was estimated at US$7.9 billion, which was about 15.3% of the total value of building products for the new housing market. Recently, the country’s home remodeling market has been growing steadily as the new home market in Japan is expected to decline. The most promising products include vinyl windows, wood flooring, wood panels, windows, doors, shingles, iron and steel bathtubs, central heating and cooling, kitchen and bathroom faucets, furniture including wooden kitchen cabinets and lighting. The Japan home remodeling market is forecasted to grow at an average growth rate of 5% as housing starts probably decrease below 1 million units.
The typical homeowners who remodel their homes, built about 20 years ago, are people aged from 40 to 60. They do house remodeling because of making their home more comfortable, replacing old equipment, bathroom repairs or making floor plan design changes. The remodeling budgets range from 1 million yen to 15 million yen depending upon the scale of remodeling, but about 35% of people plan to spend 2 million to 5 million yen. Nearly 80% people will use savings while about 15% of people plan to borrow money from banks.
UK
The UK building materials market is currently dominated by top-10 titan suppliers such as Castle Cement Ltd., Ibstock Brick Ltd., Marley Ltd., Redland Roofing Systems Ltd. and Saint-Gobain of France. These years, local government is encouraging more partnering in the construction industry, and a quality mark scheme has been introduced. According the survey, the UK construction industry was forecast to grow by 12.1% between 2001 and 2005.
In woodcare sector, the market size approximates $200 million. Main sectors within the woodcare market are varnishes, woodstains, wood preservers and wood fillers. Varnish accounts for roughly 29 percent, woodstains 25 percent and preservers 25 percent. Wallcoverings are traditionally one of the most popular forms of home decor in the U.K., with a high percentage of householders prepared to tackle the job of putting them up. Wall tiles account for about 80 percent of the domestic market, but floor tiles have increased in popularity in the last few years. Owing to its coldness feature, wall tiles are relatively low popularity in the U.K., in contrast to warmer countries such as Italy. The glazed ceramic tile market is estimated at $370 million at retail selling prices. Imports have long accounted for a large part of the U.K. tile market, and currently represent about 72 percent by value. The main suppliers are of French, Spanish, Portuguese and Italian origin.
