Votorantim Cimentos sees gains in Brazil, USA
Votorantim Cimentos’ turnover was nine per cent higher at BRL9800m (US$4.85bn) in 2012 and the EBITDA improved by around 11 per cent to BRL3200m.
Pricing
482 posts · Page 32 of 49
Indian cement price hikes fail to hold in March
Cement price hikes initiated during February in the Indian market have failed to stick during March as demand remains subdued across the country.
Pakistan cement producers deny cartel
Pakistan cement producers have denied the existence of a cement cartel, telling the Ministry of Industries that they are operating at the lowest rate of return.
Deutsche Bank: Conch to gain greater pricing power, China
In light of slowing demand growth and severe overcapacity in East China, the operating landscape has changed in favour of Conch partly through superior production costs and grea...
Indian producers struggle with flat market growth
Indian cement companies are experiencing challenging market conditions as subdued demand during the peak season is preventing producers from raising prices.
Anhui Conch net profit hit by weaker prices, China
Anhui Conch reported a 45.6 per cent in net profit for 2012 due to weaker average selling prices. The company reported net profit of CNY6.31bn (US$1bn) last year as average pric...
Pakistan exports rise 24% YoY in value
Pakistan has reported flat growth in export sales in terms of volume for the first eight months of fiscal 2012-13, but a strong advance has been reported in terms of value thank...
Credit Suisse lowers China Shanshui Cement target price
Credit Suisse lowered its target price for China Shanshui Cement to HK$4.2 from HK$5.5, and maintained its "neutral" call. The house expects unit gross profit to soften in 2013 ...
Moody’s: West China Cement investment slowdown ‘positive sign’
West China Cement’s (WCC) slowdown in investments is also a positive, according to Moody's analyst, Jiming Zou, lead analyst for WCC.
Burundi Cement Co doubles production, eyes capacity expansion
Burundi Cement Co (BUCECO), the central African country’s sole supplier, has doubled production and profits in its first two years of operation and is considering doubling capac...