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GCC first-quarter revenues rise

GCC cement companies witnessed a 24.3 per cent increase in revenues in the first quarter, reaching US$1.26bn (AED4.6...

Vicat first-half 2012 turnover eases

France-based Vicat's first half performance improved strongly in Asia but results have mainly deteriorated elsewhere...

CRH confirms Jaiprakash talks for Gujarat unit

CRH plc announces that it has entered negotiations with Jaypee Cement Corporation (Jaypee) that may lead to the purc...

Indian producers sign pact signed to support low-carbon cement investments

Indian cement majors, including ACC Ltd, Shree Cement Ltd and Ultratech, have signed a co-operation pact to support ...

Tanzanian production costs seen coming down, competition to increase

Cement production costs in Tanzania are expected to decline in the near future due to falling energy costs and impro...

Union Cement Company reverses loss, UAE

Union Cement Company, reported a rise in its net profit for the first six months of 2012 of US$5.6m, reversing the U...

Caribbean Cement outlook cautious

Caribbean Cement has cut losses by some 40 per cent to J$578.1m (US$6.5m) for the second quarter of the year and has...

Jidong Cement set to sell debt financing instruments

Tangshan Jidong Cement Co plans to issue not more than CNY3bn (US$471m) debt financing instruments maturing in not m...

Fitch Ratings says outlook for Indian construction stable

Fitch Ratings says that the outlook for the Indian construction sector remains stable for 2H12, despite the continue...

Raysut books first half net profit, Oman

Raysut Cement, Oman's largest cement company by market value, said in a bourse filing yesterday it booked a profit o...

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