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Brazil may approve Camargo's Cimpor stake – report

Brazil's antitrust regulator Cade may approve Camargo Correa's stake in Portuguese cement maker Cimpor Cimpor but re...

Fujian Cement to inject CNY950m into subsidiary, China

Fujian Cement Inc is to jointly invest with its second-largest shareholder, South Cement Co Ltd, a combined CNY950m ...

TPI Polene 1Q profit falls 17%, Thailand

TPI Polene posted a normalised profit of THB299m for 1Q12, down 71% YoY, but a marked improvement from a loss of THB...

Irish Cement workers reach settlement, Ireland

Workers at Irish Cement, a subsidiary of CRH, on Friday voted to accept proposals agreed between the company and wor...

JP Morgan ups Holcim price target on US outlook, risks remain

JPMorgan raises Holcim's price target to CHF56.50 from CHF55.20 due to optimism on the outlook for the private build...

Deutsche Bank sells 86.58m shares in Shanshui

Deutsche Bank AG sold 86.58m shares, or a 3.08% stake, in China Shanshui Cement Group Ltd at HK$5.79/share and for a...

US cement: on the recovery path

This week saw US building materials producer Eagle Materials report a return to profitability in its fiscal fourth q...

Panamax registers record high for the year, but rest remains mixed

The Baltic Dry Index remained virtually flat since 25 April, climbing from 1137 to 1156 on 9 May, but then falli...

GCC Dacotah plant considers expansion, USA

The GCC Dacotah cement plant in Rapid City is considering a US$100m expansion of its main production line, according...

FLSmidth receives contract for large cement project, USA

FLSmidth has been awarded a contract worth approximately US$136m by a customer in the United States for modernisatio...

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