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Indian cement industry registers 6.34% growth in February

After a continuous growth of over nine per cent since November 2009, the Indian cement industry registered its lowest growth rate for the second half of the current financial year in the month of
International - 12 March 2010



Cement Industry News  


Indonesian producers oppose power price hike plan

Indonesian business groups came out against the government’s plan to raise electricity rates by an average
International - 12 March 2010

EAPCC to source clinker supplies, Kenya

Delays in the construction of a new kiln line have forced the second-largest cement manufacturer in
International - 12 March 2010

Bangladesh cement makers poised for expansion

Plans for the expansion of the Bangladesh cement industry are underway, thanks to the government’s
International - 12 March 2010

Sanghi to raise funds for expansion

Gujarat-based Sanghi Industries, part of the Sanghi Group, plans to raise about
International - 12 March 2010

Jurong to rationalise operations, Singapore

With the Holcim group firmly in control, Singapore-based Jurong Cement Ltd (JCL) is moving to
International - 12 March 2010

CTI to acquire minority stake in Semen Batam plant, Indonesia

Cement and clinker trading company, CTI Group Inc, has agreed to acquire a minority stake in
International - 12 March 2010

Dalmia decides on capacity additions, India

To supplement its manufacturing capacity at the upcoming cement plants in Madhya Pradesh, Himachal
International - 12 March 2010

Carib Cement to continue recording loss

After recently releasing less than positive financial results, the management of Caribbean Cement
International - 11 March 2010

Egypt delays decision on cement licence cancellation

Egypt has postponed until next Tuesday a decision on whether to either reinstate or confirm the
International - 11 March 2010

BBMG to set up two joint ventures

BBMG Corp announced that it plans to spend a total of RMB240m (US$35m) to set up two cement joint
International - 11 March 2010


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Trading   


Zambia: cement traders reduce prices as supply stabilises

Most cement traders in Lusaka have reduced the price of the commodity from
Trading - 08 March 2010

Pakistan: CCP plays vital role in stabilising cement prices

The effectiveness of the Competition Commission of Pakistan has been proved
Trading - 04 March 2010

India: cement players have posted mixed performance for February 2010: Sharekhan

The cumulative volume growth of these four leading domestic cement players
Trading - 04 March 2010

Pakistan exports increase during 7MFY09-10

Pakistan exports witnessed an increase of 0.8Mt during the first seven months of the current fiscal year
Trading - 26 February 2010

Pakistan seven month export figures

Pakistan exported 6.6Mt of cement in the seven months ended Jan. 31, compared with 5.8Mt in the same
Trading - 19 February 2010

Abolish import duty on cement inputs: Binani Group

Below is the wish-list of Vinod Juneja, managing director (MD), Braj Binani
Trading - 16 February 2010

Philippine duty-free cement okayed

President Gloria Macapagal-Arroyo has approved a proposal to extend duty-free imports of cement
Trading - 09 February 2010

Philippines cement prices seen stabilising

Philippine cement prices are stabilising, the Trade department yesterday said, as several manufacturers
Trading - 03 February 2010

Philippine cement price, supply remain stable

A top official of the Department of Trade and Industry (DTI) announced Friday that the price and supply of
Trading - 01 February 2010

Ethiopia to suspend cement imports

Ethiopian government has announced that it would stop importing cement as of February 7, 2010, the
Trading - 01 February 2010



Freight Markets   


Some renewed optimism for dry bulk sectors

Despite a lack of movement in the Baltic Dry bulk index, it would appear that an element of confidence
Freight - 03 March 2010

No sign of any real improvements in freight markets

A significant development in December has been news that Brazilian ore producer Vale is offering
Freight - 22 December 2009

Markets show renewed optimism as commodity trades flourish

The dry bulk market continued its strong advance mid-November with all sectors involved, but mostly
Freight - 17 November 2009

Bears seen prowling the waterfront

A dull end to September trading saw sharp falls in both the Cape and Panamax markets, down 11% and
Freight - 01 October 2009

Dry bulk rates lose some upward momentum

Despite a weekly loss on all the dry bulk indices, brokers say there is no evidence yet of a full-scale correction, and with
Freight - 15 June 2009

Steeling oneself for market realities

Continued volatility in the ocean freight sectors marks the day to day progression of the Baltic Dry Index
Freight - 06 May 2009

Some green shoots among the gloom

While the Baltic Index for larger units has declined slightly in the opening days of March and market interest in both the Atlantic and Pacific basins has been somewhat muted for such ships
Freight - 05 March 2009

No cure in sight for current market malaise

While the Cape shipping sector has been showing a modest rebound over the past two weeks, lower down the scale the reality is one of continuing bargain basement prices, despite some evidence of incr
Freight - 14 January 2009

That was the year that was!

As the year comes to a close, it is worth reflecting on a few statistics from the past twelve months since the market highs achieved in May and June, time charter averages for the four main bulk secto
Freight - 24 December 2008

Markets continue on downward spiral

While the Cape-size sector offered a degree of comfort to owners in early December, especially with the Baltic Capesize index posting some useful gains, this shift has not as yet translated into any p
Freight - 10 December 2008

 

Corporate   


Nigeria: Lafarge WAPCO reports 30% fall in pre-tax profit

Lafarge Cement WAPCO said on Thursday its 2009 pre-tax profit fell 30 per cent to NGN8.96bn
Corporate - 12 March 2010

CSN says spin-off of units to boost value

Brazil’s biggest diversified steelmaking group, will start a gradual spin-off of its main business divisions
Corporate - 11 March 2010

Vicat reduces costs ahead of target

Vicat has further strengthened it already solid balance sheet with the gearing level falling from 34.7% at the end of 2008 to 31.4%, this time.
Corporate - 10 March 2010

ING downgrades Holcim, Lafarge, St-Gobain

Holcim Ltd was downgraded to hold from buy at ING, which also cut its rating on Lafarge to sell from
Corporate - 10 March 2010

Anhui Conch plans to expand through M&A activity, China

Anhui Conch Cement plans to expand its business through mergers and acquisitions (M&A), after the
Corporate - 09 March 2010

Italcementi cautious on Ciments Francais merger talks

Italian cement maker Italcementi cooled market talk it could buy out its French unit Ciments Francais,
Corporate - 09 March 2010

Italcementi’s net profit halved

Italcementi’s turnover declined by 13.3% in 2009, with the underlying EBITDA being off by 12.7% to
Corporate - 08 March 2010

Court rules against Cemex’s Venezuela bid

An international court has rejected a request by Mexican cement
Corporate - 05 March 2010

Cimpor: strong growth in Egypt contrasts with Iberian decline

Cimpor’s turnover was virtually unchanged last year at €2,085.5m,
Corporate - 04 March 2010

TTD114m loss in 2009 for Carib Cement

Caribbean Cement Company is reporting
Corporate - 04 March 2010



Environmental   


Lafarge to apply for permit to use third sustainable fuel, UK

In a move which will help reduce its carbon footprint and control escalating energy costs, Lafarge
Environmental - 08 March 2010

Thailand tightens environmental regulation

Thailand’s biggest foreign investors have learned to live with a lot in recent years
Environmental - 05 March 2010

Lafarge Cement to invest in its Russian plants ecology projects

The start of new electric filter installation has taken place in
Environmental - 04 March 2010

UK: EU carbon rules will not spur industrial exodus

A new report said that the regulation of carbon dioxide emissions does not drive industries abroad.
Environmental - 04 March 2010

Cemex: Energy Star Partner of the Year

The US Environmental Protection Agency (EPA) has named Cemex USA a 2010
Environmental - 03 March 2010

EU carbon rules will not drive industries abroad, says report

The regulation of carbon dioxide emissions does not drive industries abroad, a new report says.
Environmental - 01 March 2010

Lafarge first to win responsible sourcing status

The UK’s leading cement manufacturer, Lafarge, has been awarded the prestigious BES 6001
Environmental - 28 February 2010

Lafarge to invest in environmental programs in Russia

Lafarge plans to invest RUB600m in environmental programs at its Russian plants by 2012,
Environmental - 26 February 2010

China Energy Recovery acquires waste heat energy patent

China Energy Recovery, Inc (CER) a leader in the waste heat energy recovery sector, was granted a
Environmental - 23 February 2010

Castle Cement fined, UK

Castle Cement Ltd admitted four charges relating to dust and noise nuisances at Padeswood as well
Environmental - 19 February 2010


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Recent Orders   


Cargotec to refurbish Singapore cement terminal

To improve its performance, Sin Heng Chan Cement Terminal has contracted Cargotec for a major new
Recent Orders - 12 March 2010

FLSmidth awarded operation contract in Angola

FLSmidth has received a contract from Angolan Fabrica De Cimento Do Kwanza-Sul SA (FCKS) for
Recent Orders - 12 March 2010

Indian firm in race for US$80m cement factory in Ethiopia

An Indian company is competing against four Chinese firms for an US$80m contract
Recent Orders - 05 March 2010

Shree Cement Implements ETAP Real-Time

Operation Technology, Inc. (OTI), developer of the ETAP enterprise solution for electrical power
Recent Orders - 25 February 2010

Tender bids for Habesha Cement Factory, Ethiopia

One Indian and four Chinese companies offered tenders for the engineering, procurement and
Recent Orders - 23 February 2010

New order for Polysius in Brazil

Polysius is to build a new 2500tpd kiln line for Ciplan Cimento Planalto SA at the Sobradinho cement
Recent Orders - 20 January 2010

Volvo secures truck order from Derba Cement, Ethiopia

Volvo Trucks has signed an agreement to deliver trucks to Derba Cement in Ethiopia. Derba Cement is
Recent Orders - 19 January 2010

FLSmith wins cement order in China

FLSmidth has signed a contract with Chinese cement producer Conch to supply a 12,000tpd cement kiln
Recent Orders - 14 January 2010

Saudi Southern Province Cement to boost production

Saudi cement producer Southern Province Cement (SPC) and Sinoma have signed a SAR552m
Recent Orders - 04 January 2010

China National Materials wins Angola order

China National Materials Co Ltd, one of the country’s leading cement equipment and engineering services
Recent Orders - 29 December 2009

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