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Athi River Mining posts 17% first-quarter pretax profit

Kenya's Athi River Mining posted a 17 per cent rise in first-quarter net profit, helped by higher production and gro...

Infrastructure investments to secure steady annual growth of FDI to Africa

Scaling up regional infrastructure projects will facilitate intra- and inter-regional trade, create integrated energ...

Abu Dhabi cement prices up 8.7%, UAE

Abu Dhabi issued its monthly report on the prices of building materials for the month of April 2012 issued by SCAD. ...

Northern Pakistan market suffers slowdown

Construction activity in northern Pakistan has witnessed a sharp downturn resulting in a huge fall in both cement sa...

Tamil Nadu government to invest in state plants, India

The Tamil Nadu government is to upgrade two of its cement plants with an investment of around of INR515 crore. Th...

Holcim cost-cutting programme targets CHF1.5bn rise in operating profit

Holcim said on Monday it was launching a targeted cost-cutting programme aimed at increasing operating profit by at ...

Buzzi Unicem: European weather partly offset by American advance

Buzzi Unicem’s turnover in the first quarter declined by 1.3% to €562.23m and the EBITDA dropped by 47.6% to €22.36m...

UK construction recession deeper than estimated

Latest data from the UK’s Office of National Statistics (ONS) show that construction output fell by 5% in the first ...

India April output slows

India's cement production in April rose 9.5% on year to 15.99Mt, the Cement Manufacturers' Association said today. O...

Dangote 1H12 profit forecast, Nigeria

Nigeria-based producer Dangote Cement said net income for the six months through June will probably be NGN77.5bn (US...

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