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UBS initiates Italcementi with ‘Sell’

UBS has initiated Italcementi at sell with a target of EUR3.40, reports from Dow Jones show. UBS cites a negative vi...

Grupo Argos merges port assets

Grupo Argos has been authorised by its Board of Directors to merge its port assets with Muelles El Bosque Operador P...

Ohorongo Cement wins St Helena airport contract

Ohorongo Cement of Namibia has announced a three-year contract with contractors Basil Read to supply cement for the ...

China Tianrui sees 1H net profit down 30%

China Tianrui Group Cement said it expects net profit to be down around 30 per cent for the first half of 2012 compa...

Personnel change in the Supervisory Board of HeidelbergCement

Prof. Dr. Marion Weissenberger-Eibl has been appointed as a member of HeidelbergCement's Supervisory Board in the ca...

Standard & Poor's puts Cemex 'B-' rating on watch negative

Ratings agency Standard & Poor’s (S&P) may cut the credit rating on Cemex and its key operating subsidiaries followi...

Vietnam first-half output seen down

Vietnam produced 27.3Mt of cement in the first half of this year, down 5.9 per cent from a year earlier, the governm...

South Africa’s first-quarter sales rise 6.7%

South African cement sales rose 6.7 per cent YoY in the first quarter of 2012 to 2.64Mt, data by the Cement and Conc...

Siam Cement to review capex plans, Thailand

Thai conglomerate Siam Cement Group (SCG) is reviewing its THB150bn, five-year investment plan in light of the effec...

Sichuan Shuangma Cement in private placement, China

Sichuan Shuangma Cement Co Ltd, a Shenzhen-listed producer and distributor of cement, said on 2 July 2012 that it pl...

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