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JP Morgan ups Holcim price target on US outlook, risks remain

JPMorgan raises Holcim's price target to CHF56.50 from CHF55.20 due to optimism on the outlook for the private build...

Deutsche Bank sells 86.58m shares in Shanshui

Deutsche Bank AG sold 86.58m shares, or a 3.08% stake, in China Shanshui Cement Group Ltd at HK$5.79/share and for a...

US cement: on the recovery path

This week saw US building materials producer Eagle Materials report a return to profitability in its fiscal fourth q...

Panamax registers record high for the year, but rest remains mixed

The Baltic Dry Index remained virtually flat since 25 April, climbing from 1137 to 1156 on 9 May, but then falli...

GCC Dacotah plant considers expansion, USA

The GCC Dacotah cement plant in Rapid City is considering a US$100m expansion of its main production line, according...

FLSmidth receives contract for large cement project, USA

FLSmidth has been awarded a contract worth approximately US$136m by a customer in the United States for modernisatio...

Lafarge environmental compliance, Bangladesh

Lafarge Surma Cement Ltd (LCS) which is extracting limestone from Meghalaya for its cement plant in Bangladesh, has ...

Polimeks plant construction underway, Turkmenistan

The construction of Turkish company Polimeks new 1Mta cement plant in the Lebap region, Turkmenistan is underway, Ne...

Sibirsky Cement output rises 23% YoY Jan-Apr

Sibirsky Cement increased cement output by 23% YoY to 982,000t in January-April, according to the holding’s statemen...

Cementos Argos bond offering, Colombia

Colombia's largest cement firm, Cementos Argos raised COP700bn (US$389m) through its bond offering on May 16. The o...

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