Italcementi incurs substantial trading losses in Italy and Spain
Italcementi has reported a 2012 trading loss compared to a profit in 2011 as the Italian cement major incurs substantial losses in its domestic market and Spain. Italian prices,...
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Credit Suisse upgrades Taiheiyo Cement, Japan
Credit Suisse has upgraded Japan’s leading cement producer Taiheiyo Cement to Outperform from Neutral and sees improved profits for the company in the next fiscal.
Egypt: rising prices prompt monopoly concerns
A recent rise in Egyptian cement prices has prompted the country’s Consumer Protection Agency to file a complaint with the Protection of Competition on price fixing allegations.
India’s COMPAT hears petitions on cartel ruling
India’s Competition Appellate Tribunal (COMPAT) has begun hearing the petitions filed by cement firms on a US$1.1bn penalty imposed on them by the Competition Commission of Indi...
Eagle Materials trading profit almost trebles, USA
Eagle Materials' turnover, including its share of the Texan cement joint venture with HeidelbergCement, rose by 22.7 per cent to US$366.32m for the six months to the end of Sept...
Lafarge Mauritius raises cement price by 7%
Lafarge Cement Mauritius Ltd has announced it will raise the price of a 50kg bag of cement following Holcim's move to increase prices by six per cent at the start of this year.
Dyckerhoff improves cement profits in Russia and the USA
Preliminary figures from the Buzzi Unicem subsidiary Dyckerhoff show turnover edging ahead by 0.2 per cent to €1603m in 2012. Of this, 37 per cent was generated in Germany, 39 p...
Indian prices see improvements in January
Indian cement prices have improved through January following a sharp fall in December, the Economic Times of India reports. Delhi, Bangalore and Hyderabad proved to be the only ...
South Korean producers to initiate cement price hike
Leading cement producers in South Korea are set to initiate a cement price increase from next month in an effort to offset rising production costs.
Lucky Cement first-half boosted by higher prices, Pakistan
Pakistan’s leading cement producer Lucky Cement has recorded a strong rise in profit for the first half of the current fiscal year, driven by higher selling prices. Profit for t...