JSW Cement to double capacity, India
JSW Cement is all set to double its production capacity by March 2013, with the commissioning of two more mills that have already been installed, according to Director and Chie...
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Steppe Cement to raise GBP10m Via Underwritten Offer
Steppe Cement said Wednesday it intends to raise GBP10m (EUR12.5m) via an offer for subscription of 40 million new ordinary shares at 25 pence per share. Net proceeds of the o...
Novoroscement signs financing agreement with VTB Bank
VTB Bank has signed an agreement with Novoroscement, the largest cement producer in southern Russia, to provide a RUB920m (US$29m) credit line to finance the company’s current ...
ANCC Egyptian plant to begin production in April 2013
The Arab National Cement Company’s (ANCC) 2Mta cement plant in Minya will start full production in April 2013. The cold run phase of the state-of-the-art greenfield project is...
Vicem But Son Cement posts nine month loss
Vietnam cement producer Vicem But Son Cement JSC said it made a loss of VND65.78bn (US$3.16m) in the first nine months of this year, compared to a net profit of VND6.99bn in th...
Holcim New Zealand in coal mining land acquisition
Holcim (New Zealand) Ltd. is planning to acquire land in New Zealand for coal mining operations, leading to speculation that the company expects to proceed with its -delayed pr...
Asia and US improvements boost Vicat nine month results
Vicat's turnover for the first nine months of the year edged ahead by 0.2 per cent to EUR1731m, but this represents an underlying decline of one per cent. Asian and US improvem...
Dyckerhoff reports stable nine month volumes
Dyckerhoff reported stable volumes for the first nine months of 2012 as the recovery in Russia and USA almost counterbalanced declines in the other regions. Sales increases in ...
Pakistan October dispatches down on falling exports
Pakistan cement dispatches in October 2012 fell by 5.87 per cent mainly due to a steep 20.59 per cent drop in cement exports, data from the All Pakistan Cement Manufacturers (A...
CSN plans to invest in new capacity, Brazil
Brazilian steel major Companhia Siderúrgica Nacional (CSN) plans to invest BRL1bn (US$491m) to set up four cement facilities in the state of Minas Gerais which would increase t...
Taiwan Cement sees higher demand and prices lifting fourth quarter
Taiwan Cement Co expects profits to rise in the fourth quarter of on the back of increasing demand and rebounding cement prices in China. TCC’s net profits in the first thre...
Taiheiyo Cement sales exceed expectations, Japan
Japan’s leading cement producer Taiheiyo Cement is expected to report a 260 per cent YoY rise in consolidated pretax profit for the six months ended 30 September on earthquake ...
India Cements net profit falls 30%
India Cements Ltd on Monday said its second quarter net profit fell 30 per cent YoY to INR49.08 crore from INR69.71 crore from a year earlier. "Our profits were lower as we s...
South Cement Co to issue short-term bills, China
South Cement Co, owned by China National Building Materials Co, has announced it plans to issue CNY1.5bn (US$240m) in short-term bills with a maturity of 365 days in the interb...
China cement sees Jan-Sept slowdown
China's cement sector witnessed a sharp slowdown in the first nine months of this year, according to the latest data from the National Development and Reform Commission (NDRC) ...
Concerns on UK construction indicators
The latest Construction Trade Survey published today shows that construction activity fell sharply in 3Q, despite a return to growth for the UK economy as a whole. Of greater ...
ACC sales rise 3.5 per cent YoY to 2.04Mt in Oct
ACC Ltd's sales rose 3.5 per cent to 2.04Mt in October, from 1.97Mt in the same month a year ago. The company's production increased marginally to 2.05Mt during the month, as ...
Siam Cement on Vietnam acquisition trail
Siam Cement PCL is looking for an opportunity to acquire a cement business in Vietnam, Chief Executive Kan Trakulhoon according to Dow Jones reports. Cement companies in Vietn...
Vicem Hoang Mai Cement revises down 2012 profit
Vicem Hoang Mai Cement JSC (HOM), listed on the Hanoi Stock Exchange, said it made an estimated pretax profit of VND66bn (US$3.17m) in the first 10 months of this year, accordi...
India Cements 2Q profit falls 29.6%
India Cements, the largest cement producer in South India, reported fall of 29.59 per cent in net profit for the quarter ended September 2012 on lower margins. During the qu...
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