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Philippines: cement ship workers held hostage

Seven Vietnamese sailors are being held hostage after their ship was attacked near the south of the Philippines. The...

Iranians advised to view Iraqi cement as an investment opportunity

The head of Iran-Iraq Chamber of Commerce, Yahya Al-e Es'haq, has advocated that Iranians should invest in the neigh...

February 2017 issue

Eagle Materials reports record 30QF17 earnings while strong Australian, US and Korean markets help drive up 2H16 pro...

Kuwait: Gulf Cement Co to produce oil well cement

Gulf Cement Co was granted a permit for the production of oil well cement from the American Petroleum Institute. ...

Saudi Arabia: Southern Province reports 48% fall in 4Q profits

Southern Province Cement reported a decline of 48 per cent in its profits for the fourth quarter of 2016. Profits in...

UAE: Arkan’s profits fall by 25% in 2016

Arkan Building Materials has seen its annual profits fall by a quarter to AED75.7m (US$20.6m), according to reports ...

Turkey: Akcansa Çimento sees 1.8% rise in FY16 net profit

Akcansa Çimento reported largely-stable revenues of TRY1.46m (U$398.1m) for 2016, when compared with TRY1.46bn in 20...

South Korea: preferred bidders named in US$567m Hyundai deal

Hanil Cement Company and LK Investment Partners have been named as the preferred bidders to acquire Hyundai Cement, ...

14th TÇMB International Technical Seminar and Exhibition

The 14th TÇMB International Technical Seminar and Exhibition will be held in Kaya Palazzo Golf Resort, Antalya, Turk...

GCC: capacity outpaces demand

With oil prices forecast to remain at the lower end of the scale, Gulf Cooperation Council countries reassess their ...

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