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Global cement demand surpasses 3bnt in 2010

Global cement consumption climbed to 3294Mt in 2010, up 9.9% on the year before, according to the latest industry data published today in the Global Cement Report, Ninth Edition. This marks an imp...
News - 08 April 2011

Goldman Sachs: worst is behind India’s building sector

Goldman Sachs says the worst is behind India’s construction and cement sectors. "We believe capacity utilisation has bottomed in fiscal 3Q11 and will see a gradual improvement to 77% and 80% in FY...
News - 07 April 2011

Indian prices expected to correct

Anil Singhvi, Chairman, Ican Investment Advisors says although cement prices have risen, demand is yet to pick up, leading to a correction in cement prices shortly. In an interview with CNBC-TV...
News - 07 April 2011

Ras Al Khaimah Cement seen as attractive take-over target, UAE

Ras Al Khaimah Cement Company, a mid-cap building materials producer from the northern emirate, has crept back into the spotlight as a potential takeover target, reports The National. Although de...
News - 06 April 2011

Government support of Harish Cement plant construction, India

Despite the Green Bench of the Himachal Pradesh High Court quashing the environmental clearance and land acquisition notifications of the Harish Cement plant, to be constructed in Sundernagar (Man...
News - 06 April 2011

Indian prices likely to moderate soon

Cement prices across India are at historical highs but analysts say that these price levels are unlikely to sustain with expansion in capacity. The Competition Commission of India (CCI) has also s...
News - 05 April 2011

Rain Commodities plans mini cement plant

Rain Commodities of India plans to establish a mini cement plant with a capacity of 0.5Mt. The facility is to be established in the Adilabad district of Andhra Pradesh.
News - 05 April 2011

Pakistan cement dispatches down 7.86%

All Pakistan Cement Manufacturers Association (APCMA) said on Monday that the cement dispatches during July-March 2010/11 stood at 16.02Mt, a decline of 7.86 per cent compared with 17.38Mt during ...
News - 05 April 2011

Indian producers sees March sales rise

Some of India’s leading cement producers have reported a rise in shipments for March 2011 however, the domestic industry is unlikely to beat growth figures registered in February. ACC’s shipments...
News - 04 April 2011

BankDhofar lead arranges project finance for Raysut Cement

BankDhofar is the Lead Arranger for an international syndicate as it closed a landmark US$175m acquisition finance facility in favour of Raysut Cement Company  to acquire Pioneer Cement Industries...
News - 03 April 2011