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Kenya set to see decline in 2012 consumption

Kenyan cement consumption is set to register the first decline in three years. Provisional data for 2012 from the Ke...

Colombia’s cement output drops 1.3% in December 2012

Colombia’s grey cement production fell 1.3 per cent YoY in December 2012 as output slipped to 948,400t, according to...

South Korean producers to initiate cement price hike

Leading cement producers in South Korea are set to initiate a cement price increase from next month in an effort to ...

HSBC downgrades Holcim

HSBC downgrades Holcim to neutral from overweight and raises target to CHF77 from CHF75 on expectations of a recover...

Fitch Affirms Siam Cement at 'A(tha)'; Outlook Stable

Fitch Ratings (Thailand) Limited has affirmed The Siam Cement Public Company Ltd's (SCC) national long-term rating a...

Development Bank of Ethiopia withdraws Habesha Cement loan

The Development Bank of Ethiopia (DBE) has withdrawn an ETB1.52bn (US$82.9m) loan agreement made with Habesha Cement...

Nuh Cimento appoints general manager, Turkey

Hayrettin Sener, factory director of Turkey-based cement producer Nuh Cimento company, has been appointed General Ma...

PPC targets African expansion strategy

PPC said in a trading update that it is pursuing additional buyout opportunities in Africa, which it expects to anno...

Siam Cement profits recover in 4Q12

Siam Cement (SCC) said its profits more than doubled in the 4Q12 after sales rebounded from flooding a year earlier ...

Egypt's cement sector faces decline in natural gas supply

In a filing sent to the Egyptian Exchange, Suez Cement reported that Egypt's cement sector is facing a decline in na...

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