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Asia Cement (China) earnings surge

Asia Cement (China) earnings surge

Asia Cement (China) said its profit attributable to owners for the first three months of 2014 was 13.73 times higher YoY at CNY127.7m (US$20.4m). Revenue rose to CNY1.6bn, an in...

Price increase for Karachi market, Pakistan

Price increase for Karachi market, Pakistan

Pakistan cement producers have increased the price of cement by PKR5/bag to PKR220-235/bag in Karachi, according to local retailers. “The latest increase is made after a gap of ...

Steppe Cement 1Q14 market update, Kazakhstan

Steppe Cement 1Q14 market update, Kazakhstan

Steppe Cement Ltd said it sold 198,607t of cement in the 1Q14 for KZT2486m (US$13.7m), compared to 166,121t of cement for KZT2272m in 1Q13, representing an increase of 20 and ni...

Congo Rep to benefit from rising investment

Congo Rep to benefit from rising investment

The Republic of Congo is increasingly attracting foreign investment into its cement industry. By 2016 three further cement plants are expected to come online as the government a...

Hetauda Cement hikes prices, Nepal

Hetauda Cement hikes prices, Nepal

The board of Hetauda Cement Industries Ltd decided on Tuesday to raise the price of cement due to increased raw material costs.

China cement prices ease

China cement prices ease

Cement prices in China eased to a national average of CNY361/t (US$58) by 28 February 2014, down from a recent peak of CNY373/t (US$60) on 20 January, according to figures from ...