Lafarge Ciment Moldova opens rail terminal to serve southern market
Lafarge Ciment Moldova has opened a new terminal to help better serve the southern market of the Balkan country. Previous deliveries from the plant in Rezina to the south were ...
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Cemex in alternative fuels study agreement
Cemex announced today a collaboration agreement with the Earth Engineering Center (EEC) at Columbia University and City College of New York in which EEC will conduct a year-lon...
Yamama Cement 3Q net profit remains flat YoY
Saudi cement producer Yamama Cement Company said yesterday that according to preliminary results, its net profit stood at SAR277m (US$73.9m) for the first quarter of 2013, almo...
DTI probes Philippine cement price hike
The Department of Trade and Industry (DTI) has asked Philippine cement manufacturers to explain why prices have risen from a year ago and are above the suggested retail price (...
Lafarge Pakistan signs health and safety MoU with APCMA
Lafarge Pakistan and the All Pakistan Cement Manufacturers Association have signed a Memorandum of Understanding (MoU) for a health and safety training and awareness initiative...
US January shipments rise 5%
Total shipments of Portland and blended cement in the US and Puerto Rico for January 2013 were up by five per cent to 4.8Mt compared to the same month a year ago, latest data f...
Steppe Cement's quarter sales volumes slip 2%
Kazakhstan-based producer Steppe Cement reported a two per cent drop in sales volumes for the first three months of the year. In a recent trading statement, the company said...
Yanbu Cement 1Q13 net profit surges on expansion, Saudi Arabia
Yanbu Cement announced that, according to preliminary figures, its net profit for the first quarter of 2013 surged by 70 per cent YoY, on the back of increased capacity. Net...
German Federal Court confirms HeidelbergCement’s cartel fine
Germany’s Federal Court has confirmed the 2009 fine imposed on HeidelbergCement by the Higher Court of Düsseldorf at a reduced level of EUR161.4m, the German cement major said ...
Pakistan cement dispatches rise on increased exports
Pakistan reported a rise in dispatches last month led by gains in export volumes but domestic sales were subdued. Latest data from the All Pakistan Cement Manufacturers’ Ass...
Camargo Correa plans to raise capacity by 2016
Camargo Correa plans to invest up to BRL3bn (US$1.51bn) in the Brazilian cement sector in the next few years. With the acquisition and control of Portuguese cement maker Cim...
Vietnam cancels nine proposed cement projects
Nine proposed cement projects in Vietnam are to be cancelled by the government following calls by the Vietnam Building Materials Association to help bring cement capacity more ...
ACC plans capex of INR33bn in 2013
ACC Ltd, India's second-largest cement producer, has planned a capital expenditure of INR33bn (US$603.9m) in 2013, most of which will be used for the expansion of an existing u...
Swiss cement deliveries in the first quarter of 2013
Swiss deliveries increased slightly in the first quarter of 2013 despite harsher weather conditions, latest data from domestic cement association Cemsuisse shows. In the Jan...
Nepal Cement factory limestone supplies obstructed
A cement plant in Nepal has been unable to producer clinker for over a year and a half as local residents have prevented it from extracting limestone. Arghakhanchi Cement In...
South African market challenges
Full-year data for South African cement sales released this week show that dispatches edged ahead in 2012, but the growth rate remained tepid. Producers will hope that the gov...
Indonesia's multi-billion dollar capacity drive continues
Indonesian cement capacity is expected to reach 100Mta by 2017 from the current 60.5Mta with domestic producers and new investors earmarking an estimated US$6.68bn over the nex...
Thatta Cement to construct grinding plant in Sri Lanka
Pakistan-based Thatta Cement Company Limited (TCCL) has signed an agreement with Sri Lanka Ports Authority (SLPA) for the construction of a grinding plant as well as a storage ...
Goldman Sachs upgrades Titan, Greece
Goldman Sachs has upgraded Titan Cement Co to neutral from sell, Dow Jones reports. While the investment bank remains cautious on Titan's end markets in the near term, it says ...
UK construction declines for fifth straight month
UK construction sector shrank for the fifth consecutive month in March but expectations for the sector have improved. Markit’s latest purchasing managers’ index (PMI) for con...
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