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Shree Cement net profit rises, India

Shree Cement Thursday registered a nearly three-fold rise in net profit to INR38.49 crore (US$7.7m) fo

Youngor invests in Huaxin private placement, China

Youngor Group Co Ltd said on November 11th that its wholly-owned investment subsidiary spent

Saudi Southern Province nine-month net profit jumps

Saudi cement producer Southern Province Cement (SPC), said its net profit for the nine months to

Indian utilisation expected to decline further to 75% in FY12

All-India cement demand is expected to grow by 4.5% in FY12E against 4.4% in FY11 and 10.2% in

S&P downgrades Cemex rating on global slowdown

Ratings agency Standard & Poor’s (S&P) has lowered its global rating for Cemex from B to B- and its national ra...

Brazil sees signs of collusion in cement market

Six Brazilian cement makers colluded to fix prices, hampering competition in the midst of a construction boom, Brazil...

Titan suffers from weak domestic market

Titan’s turnover for the first nine months of 2010 declined by 18.4% to €838.9m and the EBITDA came down by 15.5% to ...

Saudi Cement Co nine-month net profit rises

Saudi cement producer Saudi Cement Company (SCC) said its net profit for the nine months through

Fitch cuts Lafarge to ’BB+’

Fitch Ratings has downgraded Lafarge’s Long-term Issuer Default Rating (IDR) to ’BB+’ from ’B...

Wagners opens new Brisbane bagging facility, Australia

Wagners has opened a state-of-the-art cement bagging plant as an extension to its cement grinding plant at Pinkenba, ...

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