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Pakistan optimistic on 2011 prospects

The Pakistan cement industry is quite optimistic that 2011 will be more prosperous for the industry as new export mar...

Raysut sees sharp drop in sales, Oman

Raysut Cement’s fourth quarter profit fell 62 per cent on a sharp drop in sales, missing analysts expectations.

Let’s hope for a better 2011 but...??

The past month has been characterised by falling rates in most sectors, the only bright spot being a slight resurgenc...

Ghacem claims unfair competition??, Ghana

Ghana is said to be losing substantial sums of customs revenues due to the practice of allowing imported bagged cemen...

Ha Tien 1 to build road to Phu Huu ICT port, Vietnam

Ha Tien 1 Cement Joint Stock Company will start construction of a 2.6km road leading to Phu Huu ICT General Port in H...

China Prosperity’s Chaodong Cement capacity at 4.8Mt

Prosperity Minerals Holding reports that associate company, Anhui Chaodong Cement’s second 2Mta has been commis...

Votorantim, Holcim seen buying 40% stake in BRC for US$1bn

Brazilian conglomerate Votorantim or the Brazilian unit of Holcim are the potential buyers of a 40% stake in US-contr...

Siam Cement 2010 net profit likely +44.4%

Thailand’s Siam Cement is likely to post a 44.4% YoY increase in its 2010 net profit to THB35.16bn (US$1.1bn)

Merckle rearranges HeidelbergCement holdings, Germany

Ludwig Merckle, a major shareholder of HeidelbergCement AG, has rearranged his holdings in the group, HeidelbergCemen...

Gresik 2010 seen rising due to cost-efficiency

Indonesia’s largest cement producer PT Semen Gresik said its net profit in 2010 was estimated at IDR3.5trn (US$...

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