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Hail Cement widens loss, Saudi Arabia

Saudi Arabia-based cement company Hail Cement has increased its losses in the second quarter of 2012 to US$2.29m, up...

Cementos Portland Valderrivas extends credit line, Spain

Cementos Portland Valderrivas has reached an agreement with its creditors to extend by end-July the maturity of a EU...

Daiwa cuts Shanshui Cement, China

Daiwa Research has lowered its price target for China Shanshui Cement to HK$4.2 from HK$8.7 and downgraded its stock...

Indonesia’s June sales rise 9.5 per cent

Indonesian cement consumption increased by 9.5 per cent to 4.5Mt in June 2012, data from PT Semen Gresik showed on M...

Ghacem to commission new mill by year-end, Ghana

Ghana’s leading cement producer Ghacem is to commission an additional 1Mta mill this year at its Tema Factory in Nov...

Fujian Cement to report CNY85-88m 1H net loss, China

Fujian Cement Inc said it will suffer an CNY85-88m (US$13m-13.8m) net loss in the first half of 2012, compared with ...

Peru’s domestic shipments see 15% first-half rise

Shipments of cement in the Peruvian market totaled 4,4Mt between January and June 2012, a 15 per cent increase over ...

Deutsche Bank cuts Shanshui Cement forecast, China

Shanshui Cement has lowered its 2012 sales target for blended cement and clinker to 55Mt from 65Mt mainly due declin...

Southern Province Cement second-quarter profit rises, Saudi Arabia

Southern Province Cement (SPC) posted a 9.6 per cent increase in second quarter profit, Reuters reports. SPC achi...

Macquarie lowers TCC Int’l price target, Taiwan

Investment bank Macquarie has lowered its target price for Taiwan Cement Company (TCC) International to HK$2.4 from ...

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