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HSBC lifts Lafarge price target, upgrades Heidelberg

HSBC has lifted the share price target of Lafarge to EUR 37 from EUR 27 and reiterated its "neutral" recommendation....

KHD wins new contract in Malaysia

Straits Cement, a 100% subsidiary of the Malaysian YTL Group, has awarded KHD with a EUR100m contract to build a new...

China: broad recovery in demand anticipated

Analysts said Thursday that Chinese cement and building-material firms are seeing a broad recovery in demand and hav...

Deutsche Bank raises stake in Shanshui Cement, China

Deutsche Bank acquired 33.09 million shares in China Shanshui Cement Group Ltd at HK$ 5.55 apiece and for a total of...

Athi River Mining: East Africa expansion

Kenya-based cement producer Athi River Mining (ARM) earlier this week reported a significant rise in 2011 cement sal...

Cemex US volumes boosted by mild weather

Cemex said it may have recorded strong growth in US cement volumes in the first two months of the year helped by goo...

Lafarge Zimbabwe bullish on year ahead

Lafarge Cement Zimbabwe reported a 19 per cent increase in turnover of ZWD$49.7m (US$0.14m) in  2011 driven by risi...

China to tighten restrictions on capacity expansion

China is to tighten restrictions on increases in new capacity in 2012 to manage surplus capacity, according to Liu M...

Vietnam quarterly production seen declining

Vietnam cement manufacturers are estimated to have produced 12.1Mt of cement in the first quarter of this year, down...

Credit Suisse lowers BBMG Corp target price

Credit Suisse lowered its target price for BBMG Corporation to HK$9.6 from HK$11.9, and maintained its "outperform" ...

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