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Extra items expected to drag down 4Q06 earnings

When Siam Cement (SCC) announces its 4Q06 earnings on Jan 24, the company’s results will be disappointing with ...

Italcementi project in Bulgaria secures govt backing

The Bulgarian government will issue a First Class Investor certificate to Italy’s Italcementi for its EUR185m D...

Brazilian cement sales seen rising by 10 per cent in 2007

The Brazilian cement segment, one of the thermometers of the civil construction sector, expects a 10% rise in sales i...

Prism Cement jumps on profit surge

Prism Cement recorded nearly 10 per cent gain to close at Rs 41.60, following the announcement of a fifteen-fold jump...

Cement demand expected to boom

Vietnam will need about US$3.4bn worth of cement between now and 2010 to meet burgeoning demand, the Ministry of Cons...

Customs duty on dumpers’ import cut, Pakistan

In order to provide efficient means of transport to the cement industry, the CBR has reduced the import duty on off-h...

Coal price hikes to impact cement makers more than steelmakers

Analysts at UBS say that a potential increase in coal prices in 2007 is likely to have a more severe impact on cement...

Vietnam expects self-sufficiency in cement production by 2010

Vietnam’s cement industry will fully meet the national demand by 2010 with supply expected to reach 60Mt again...

Orascom in Tarmac bid rumours

Egyptian conglomerate Orascom is rumoured to have had a £1.5bn offer for Tarmac turned down.

ADIA buys 7.6% Suez Cement stake

The Abu Dhabi Investment Authority (ADIA) has acquired a 7.6 per cent stake in Egypt’s Suez Cement.

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