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Shipping rates soften across the board

With summer activity on the low side, shipping rates generally softened for Handysize, Panamax and Capes, both in th...

Indocement profit rises, gears up for expansion

Indocement Tunggal Prakarsa, part of the HeidelbergCement group, reported a 24 per cent rise in profit for the first...

Taiheiyo quarterly profit seen rising on higher demand

Japan’s leading cement producer Taiheiyo Cement is expected to report consolidated operating profit of about JPY1bn ...

Italcementi’s profits fall in spite of recoveries in North America and India

Italcementi’s first half turnover came off by 4.9 per cent to €2299.8m while the running EBITDA declined by 11.6 per...

China cement demand to recover by end-Aug - UBS

Chinese cement makers are higher on hopes that Premier Wen Jiabao's remarks on ensuring growth may boost demand for ...

Torah strike action to cause EGP22m in losses

Egypt-based producer Torah Cement announced that the latest strikes caused shortage in clinker production by around ...

New factory begin production in Mozambique

A new 240,000tpa cement factory has started operations at the Belulane Industrial Park in the Boane district of Mapu...

Sagar-Vicat venture to begin operations in October, India

The joint-venture cement plant between Sagar Cements of India and Vicat Group of France will begin operations in Oct...

Iran production rises in first four months of Iranian year

Iran produced 24.44Mt of cement in the first four months of the current Iranian year (20 March - 21 July 2012), IRNA...

Lafarge WAPCO pretax profit rises, turnover falls, Nigeria

Lafarge WAPCO said on Tuesday that its 1H12 pre-tax profit rose 19 per cent YoY to NGN12.18bn (US$76m). However, tur...

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