Iranian full-year cement production rises 5.7%
During the Iranian year ending 20 March 2013, the country produced 70.26Mt, which represented growth of 5.7 per cent compared to the same period of the previous year (66.44Mt)....
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Philippine producers seek incentives on expansion
Philippine cement manufacturers are seeking incentives with the Board of Investments for new capacity projects, as local producers seek to meet expected increases in cement dem...
Phu Son added to list of Vietnam investment projects
The Phu Son cement plant in the northern province of Ninh Binh has been added to the list of projects to be invested in for the 2012-15 period by Vietnamese Prime Minister Nguy...
Fitch affirms Siam City Cement rating, outlook Stable
Fitch Ratings (Thailand) Limited has affirmed Siam City Cement Public Company Limited's (SCCC) National Long-Term rating at 'A(tha)', its National Short-term rating at 'F1(tha)...
CPA: UK construction output, growth ‘conceals underlying trend’
The latest figures from the UK’s Office of National Statistics (ONS) published Friday indicated a pick-up in February as the industry recovered from the poor weather experience...
Capacity increases boost Semen Indonesia's first-quarter sales
Semen Indonesia, the country’s largest cement producer, has reported a double-digit rise in first quarter sales and has increased its market share thanks to new capacity additi...
Jaiprakash Associates seeks permission for land acquisition
Jaiprakash Associates is seeking permission from the Himachal Pradesh state government to start land acquisition for a new cement plant. Industries Minister Mukesh A...
Vinaconex plans to sell stake in Cam Pha Cement, Vietnam
Vietnam Construction and Import-Export JSC (Vinaconex), plans to sell a 70 per cent stake in Cam Pha Cement JSC as it continues with its plan to divest in non-core operations. ...
Improved outlook for Asia Cement Corp in 2013
Taiwanese producer Asia Cement Corp is expected to return to a path of growth this year driven in part by earnings growth from its operations on mainland China, a recent report...
Sinoma makes Indian acquisition
Sinoma International Engineering (Hong Kong) Co Ltd, part of China National Materials Group Corporation Ltd, has acquired a majority stake in India-based cement equipment manuf...
Association warns of industry losses through exports, Vietnam
Despite the Vietnamese government calling for the domestic industry to increase exports, the chairman of the Vietnam Building Association has called for local producers to coop...
Credit Suisse sees Indian demand higher from next fiscal
Despite the Indian cement sector facing a number of challenges last year, Credit Suisse forecasts improvements in consumption going forward with higher growth rates expected fr...
Indonesia first-quarter sales rise 8.6%
Indonesian cement sales rose by 8.6 per cent in the first quarter of 2013 to 13.6Mt, latest data from the country’s largest producer, Semen Indonesia, shows citing figures from...
Oyak inks second cogeneration deal with Shanghai Triumph Energy Conservation Engineering
Shanghai Triumph Energy Conservation Engineering Co, has inked a deal with Oyak Group, Turkey, for a cogeneration project for its Bolu Cimento subsidiary. The deal follows the...
Loesche to supply six VRMs to Medcem plant, Turkey
Loesche has been awarded the contract to supply six vertical roller mills to Medcem Madencilik’s new cement plant currently under construction in Turkey. Medcem is building ...
Tanga Cement annual sales reach record high, Tanzania
Tanga Cement said its cement sales last year crossed the 1Mt mark – the highest in the Tanzanian cement producer’s history. Sales at the company, which produces the Simba Ce...
Moody's: West China Cement's medium-term notes issuance is credit positive
Moody's Investors Service says West China Cement's (WCC) issuance of medium-term notes (MTN) totalling CNY800m (US$129m) for three-years at 6.1 per cent is credit positive. Th...
Votorantim Cimentos files request for IPO of shares
Brazilian cement and concrete producer Votorantim Cimentos SA has filed a request with regulators to list its shares in the local stock exchange to finance its expansion plans....
South Korean cement producers face cartel probe
Seven cement producers in South Korea are being investigated by the country’s Fair Trade Commission for alleged price collusion. According to local press reports, the commis...
Suez Cement production scaled back 30% due to energy shortages
Egypt-based Suez Cement said that it scaled back production by as much as 30 per cent last year due to a lack of fuel supplies. "A lack of fuel supplies has cut our annual ...
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