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Three Chinese cement firms to report emissions

Three Chinese cement firms have joined a global initiative to report emissions data. CNBM, Tianrui and Sinoma are the first Chinese firms to join the World Business Council for Sustainable Devel...
News - 10 December 2009

Rising coal price adds to investor worry, India

Cement stocks have sharply underperformed the broader market over the past six months. For instance, ACC ended at Rs 816 on Wednesday and has declined 4% during this period compared to a 3.8% rise...
News - 10 December 2009

India: cement cemand to keep pace with rising capacity

Despite a rise in capacity, cement players are expecting that capacity utilisation will not be adversely impacted, due to rise in demand, according to a report in Business Standard of India. An e...
News - 09 December 2009

Pak investing in Sri Lanka joint venture

Pak cement industrialist has planned to invest PKR10bn (US$120m) to build a plant in Sri Lanka besides catering to local market the plant will also supply cement to India and Bangladesh The factor...
News - 09 December 2009

Fitch rates India’s Century Textiles short tem debt program

Fitch Ratings has today affirmed India’s Century Textiles and Industries Ltd’s (CTIL) National Long-term rating at ’AA-(ind)’ with a Negative Outlook. Fitch has also assigned a rating of ’F1+(ind)...
News - 09 December 2009

Heidelberg Cement attracts investors’ attention

Heidelberg Cement is gaining investor fancy of late. As per the buzz, the company is looking to acquire some cement capacities in Central India given the ‘cheap valuations’ based on EV/TONNE metho...
News - 08 December 2009

Thermal power plants must set up flyash based cement units

According to Mr George Mathew chairman of Grouppe Utilitie Private Ltd based at Chennai, all generating thermal power will be well advised to set up downstream cement units to dispose of fly ash w...
News - 07 December 2009

Tanga to postpone expansion on imports

The Tanga Cement Company has put its planned multi-million expansion on hold, depriving the regional economy of the multiplier effects of an injection of $200 million.   This follows an influx of ...
News - 07 December 2009

India cement dispatches: healthy demand

For November 2009, cumulative dispatches of nine cement companies, which control about 55 per cent of the market, were up 11 per cent YoY. While demand from government-sponsored infrastructure pro...
News - 07 December 2009

UAE cement import falls on excess stock

Cement imports into the UAE have dropped significantly, due to the drop in prices of locally produced material and excess stock. Producers and traders in the UAE say they are preparing for more t...
News - 03 December 2009