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South Africa: 2011 cement volumes to replicate 2010

Lafarge Cement CEO, Thierry Legrand, noted that although sales in South Africa had decreased by 2.8% since the beginn...

CRH plc 1H11 development strategy update

CRH plc, the international building materials group, today announces 21 acquisition and investment initiatives, total...

Nigeria: Dangote substantially lowers cement price

Dangote Cement Plc has announced a significant reduction in the factory price of its product to NGN1350/bag (US$8.80).

India: Prism Cement to raise INR1bn via bonds

Prism Cement plans to raise INR1bn (US$22.5m) via two-, three- and four-year bonds, a source with knowledge of the de...

Madras Cements expects more capacity addition

Madras Cements Ltd expects the surplus capacity situation to continue and prices to be under pressure in the southern...

Pakistan: local cement sale, export decline

The sale of Pakistani cement in national and international markets fell to 31.38Mt in the recently-ended fiscal year ...

India: ACC & Ambuja Cements: key input costs, freight charges play spoilsport

The stocks of the two leading cement players, Holcim-controlled ACC and Ambuja Cements, have sharply under-performed ...

Uzbekistan increases cement capacity

Bekabadcement, the Uzbekistan subsidiary of United Cement Group (Kazakhstan), is planning to launch a new 1Mta integr...

Binani to seek strategic investor in cement

The diversified commodity player Binani not only plans to relist Binani Zinc in about two years, but also bring in a ...

Dangote to start work on US$400m Zambian cement plant

Dangote, Nigeria’s largest cement maker, expects to start building a US$400m plant in Zambia this month, Zambia...

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