TCL grants contractors waiver on cement hike
Trinidad Cement Ltd (TCL) has granted a 90-day waiver to members of the T&T Contractors' Association (TTCA) on its cement price increase announced at the start of this year, acc...
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Antigua cement prices set to rise
Caricement Antigua Ltd is considering a slight price increase on the back of rising production costs, in a move that follows two other hikes announced in the Caribbean this year...
Nomura cuts China Resources Cement to "reduce"
Investment bank Nomura has downgraded China Resources Cement (CRC) from "buy" to "reduce" and cut its target price to HK$4 from HK$8.30. The research house sees a further downsi...
Nomura cautious on China demand growth and average prices
Investment bank Nomura is bearish on China cement but is less positive than the market on 2Q13 and 2013 demand growth and potential average selling prices (ASP).
Government to lobby Caricom for reduction in import duties
The government of Trinidad and Tobago says it plans to lobby the Caribbean Community (CARICOM) grouping for a reduction in import duties following Trinidad Cement Ltd’s (TCL) re...
BBMG Corp sees fall in net profit on lower prices, China
BBMG Corporation said its preliminary net profit attributable to shareholders dropped 26.48 per cent YoY to CNY2.52bn (US$405) in 2012 mainly due to a decline in selling prices ...
UBS lifts China Resources Cement
UBS lifted its target price for China Resources Cement (01313) to HK$5.5 from HK$5.05, but downgraded the stock to "neutral" from "buy". It said CR Cement's share price has rise...
India cement sector to see recovery in FY13-14
India's cement industry is expected to see a sharp recovery in cement prices in FY13-14 with an improving supply and demand scenario, as well as government measures to fast-trac...
Egyptian government to raise mazout fuel prices for cement companies
The Egyptian government is to raise fuel prices for cement companies that use mazout for production by 130 per cent, according to local press.