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UltraTech 3Q hurt by subdued demand, higher freight costs

India’s largest cement manufacturer UltraTech Cement reported a 2.6 per cent fall in net profit for the third quarte...

Nomura cautious on China demand growth and average prices

Investment bank Nomura is bearish on China cement but is less positive than the market on 2Q13 and 2013 demand growt...

Loesche awarded new contract at Dangote’s Ibese works, Nigeria

Loesche has been awarded a contract by Sinoma International Engineering Co Ltd (NCDRI) for Dangote’s Line 3+4 at its...

Dalmia Cement to raise northeastern capacity, India

Dalmia Cement plans to invest INR18bn (US$334m) over the next two years to lift capacity to 21Mta through a new gree...

Latin America market movements

Three major Latin American countries, Brazil, Peru and Argentina, released full-year consumption figures for 2012 th...

Indonesia sales forecast to see double-digit growth hat-trick

Indonesian cement consumption is expected to continue its strong growth trajectory and rise by double-digits for the...

PCA revises 2013 consumption outlook upwards

According to the latest forecast from the Portland Cement Association (PCA), there will be an 8.1 per cent growth in...

ABG set to bring new cement ventures on-stream, India

The ABG Group of India is set to start production from its new cement ventures this quarter. Under ABG Cement Lt...

Vietnam output reaches 47Mt in 2012

Vietnam-based cement manufacturers produced more than 47Mt of cement in 2012, meeting 85.5 per cent of their full ye...

Foundation stone laid for CIMERWA expansion, Rwanda

The foundation stone for the expansion of CIMERWA cement factory in Rwanda was laid yesterday by the president of th...

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