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Siam Cement posts 43% drop in quarterly profit, Thailand

Thai conglomerate Siam Cement posted a 43 per cent fall in quarterly profit due to weak demand and a drop in the val...

Vicem pretax profit rises 72.2%

Vietnam Cement Industry Corporation (Vicem) reported a pretax profit of VND333bn (US$15.91m) in the first half of th...

Cemex creditors agree to US$421m new notes swap

Cemex said on Tuesday that creditors had so far agreed to swap debt holdings for US$421m of new high-yield notes as ...

Malaysian price hike on the cards

Speculation is rising that cement prices in Malaysia will rise, however, industry sources are unsure whether will ac...

Tongli Cement reports 8.61% increase in 1H12 net profit

Henan Tongli Cement Co said that its net profit rose 8.61% YoY to CNY97m (US$15.2m)  in the first half of 2012, with...

JP Morgan downgrades UltraTech Cement, India

JP Morgan downgrades UltraTech stock to "underweight" from "neutral" citing "stretched" valuations. JP Morgan says ...

FLSmidth falls on weaker China outlook

FLSmidth & Co fell the most in eight weeks in Copenhagen on the outlook for slowing demand for its products as China...

Lagos state agrees deal with Lafarge and Dangote

The Lagos State Government has signed a new deal with Dangote Cement Plc and Lafarge Cement WAPCO Plc to ensure undi...

Siam City revises 2012 demand forecast upwards

Siam City Cement, part of the Holcim group, has revised upwards its 2012 cement consumption outlook to six per cent ...

UltraTech Cement acquisition, India

India’s number one cement producer UltraTech Cement announced on Tuesday it has signed an agreement with the shareho...

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