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Nepal proposes cement tax

Nepal’s Ministry of Energy has proposed that the country’s Finance Ministry include an additional tax of NPR1 on eve...

S&P lowers Cimpor to 'BB'

On June 26, 2012, Standard & Poor's Ratings Services lowered its long-term corporate credit rating on Cimpor to 'BB'...

Construction of new plant to begin in 2H12, Mozambique

Construction of a new cement plant in Mozambique’s Tete province is expected to begin in the second half of this yea...

China Resources Cement's 1H profit likely to fall 21%

China Resources Cement has warned of a sharp drop in gross profit margin in 1H12 to 21 per cent from the 33 per cent...

Moody's says CCI ruling to hurt Holcim & Lafarge

Moody's has said the Competition Commission of India's (CCI) decision to impose a penalty on 11 cement producers is ...

Aditya Birla eyes stake in Jaiprakash cement business

The Aditya Birla group is emerging as the frontrunner to acquire a stake in Jaiprakash Associates Ltd's (JAL) cement...

EPA proposes updates and deadline extension

In response to a federal court ruling and data from industry, the US Environmental Protection Agency (EPA) is propo...

Cemex launches refinancing plan

Cemex launched a proposal on Monday to refinance debt due in 2014. The company said it will propose a three-year ext...

Mixed trends for Pakistan cement exports

During the first 11 months (July 2011-May 2012) of the current fiscal year, Pakistan exported 7.64Mt of cement and e...

Loesche supplies Europe’s largest cement mill to Turkey

Nuryol Cimento Sanayi ve Ticaret AS has chosen Loesche to supply mills for coal grinding, raw material and clinker g...

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