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PCA: political risks could derail US recovery

PCA: political risks could derail US recovery

US economic growth and employment levels continue to improve and PCA forecasts that this trend will carry on through 2013. However, the association warns that domestic political...

Vietnam sees double-digit rise in 9M13 sales

Vietnam sees double-digit rise in 9M13 sales

Vietnam sold 44.4Mt of cement in the first nine months of this year, representing an increase of 12 per cent YoY, the Building Materials Department under the Ministry of Constru...

UK cement industry faces shake-up

UK cement industry faces shake-up

The Competition Commission (CC) in the UK has said it is looking to invigorate competition in the British cement market by opening the way for a new independent producer. As wel...

Iranian cement output continues to climb

Iranian cement output continues to climb

Iran has reported a four per cent rise in cement output in the first half of the current Iranian calendar compared to the same period of last year.

Fitch rates Cemex outlook Stable

Fitch rates Cemex outlook Stable

Fitch Ratings has assigned 'BB-/RR3' ratings to Cemex's proposed floating rate senior secured notes due in 2018 and senior secured notes due in 2021. The 2018 and 2021 notes wil...

ARM anticipates higher earnings growth

ARM anticipates higher earnings growth

Kenya-based ARM Cement expects a slight acceleration in earnings this year as new capacity in Tanzania boosts volumes, its chief executive has said. Referring to his expectation...

Holcim CEO sees cost-cutting starting to work

Holcim CEO sees cost-cutting starting to work

Frenchman Bernard Fontana, CEO of Holcim, who last year became the first outsider to lead the 101-year-old Swiss company, has been implementing a strict cost-cutting regime righ...