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East Africa: imported cement threatening local sector

Low cost imported cement is choking the regional industry, according to a report in the Uganda Monitor. The reduction in import tariff on cement has led to an influx of cheap cement from low cost ...
News - 11 November 2009

My Home plans to raise cement output to 10Mt

Aimed at gearing up to next boom in infrastructure and realty sectors in the country, the Hyderabad-based My Home Industries Ltd plans to more than double its capacity to 10Mt in five years, said ...
News - 11 November 2009

EU finalises list of industries eligible for emissions trading support

The European Parliament’s environment committee on Wednesday approved a list of 164 industrial sectors that will win free carbon emissions permits for the next five years if no global deal on clim...
News - 10 November 2009

Italcementi: Egypt growth insufficient to cover reductions elsewhere

Italcementi turnover for the first nine months declined by 12.9% to €3,847.5m and the running EBITDA was down by 13.1% to €787.7m.  The trading profit fell by 29.9% to €405.2m and the net attrib...
News - 09 November 2009

India cement firms’ margins grow; price a concern

With growth in volume, good demand and dip in production cost, Indian cement companies have posted good numbers for the July-September quarter. However, despite reporting a growth in topline and b...
News - 06 November 2009

Asia is showing the most positive signs within HeidelbergCement

HeidelbergCement’s turnover in the first nine months declined by 22.4% to €8,390.6m and the EBITDA was off by 25.7% to €1,606.2m.  At the trading level, the profit was down by 34.8% to €1,086.6m a...
News - 05 November 2009

Binani hopes to buy Indonesian coal mine in 2-3 months

Binani Cement today said it is hopeful of concluding the transaction for coal mine acquisition in Indonesia in the next two to three months. "We are still negotiating, but hope to conclude the de...
News - 04 November 2009

India cement prices fall up to 10% in two months

Cement prices have witnessed the greatest fall of about 5-10 per cent across India in the last two months. Moreover, in western and southern India, where a large amount of new stock is still arriv...
News - 04 November 2009

CMA President viewpoint, India

Ms Vinita Singhania, Managing Director, JK Lakshmi Cement, became the first woman to take charge as the President of the Cement Manufacturers Association (CMA). She spoke to Business Line on the r...
News - 03 November 2009

India Aditya Birla’s Oct shipments up 11 per cent YoY

India’s Aditya Birla Group said on Monday cement shipments in October rose 11.1 per cent from a year earlier to 2.82Mt. Production rose an annual 12.5 per cent to 2.934Mt, the company said in a s...
News - 03 November 2009