Minister stresses that Angola still has a cement shortage
Joaquim David, Minister of Geology, Mining and Industry, announced that important projects were underway to curb Angola’s shortage of construction materials, in view of local n...
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India: protesters ask for cement factory restart
Members of the Cement Corporation of India (CCI) staged a protest outside the residence of Union Labour Minister M Mallikarjun Kharge here on Wednesday demanding that steps be ...
India's Ultratech Cement plans to raise INR2.5bn via bonds
Ultratech Cement is planning to raise INR2.5bn (US$44.84m) through five-year bonds at 9.15 per cent, a source with direct knowledge of the deal said on Thursday, according to R...
Property boosts Indonesian cement demand
Fuelled by rising housing demand and subsequent property development, Indonesia saw cement sales increase 12% through the first seven months of the year, according to the Indon...
Holcim to employ more co-processing in China
Holcim will focus on co-processing technology to get ahead in China’s competitive market. The Swiss major views China as a valuable market where its profits improve in future y...
Angola: Cimenfort cement plant inaugurated
The Cimenfort cement plant was inaugurated on Wednesday in the Catumbela Industrial Growth Point (PDIC), central Benguela province, during a ceremony presided over by the Minis...
USA: Buzzi Unicem trials use of hazardous waste fuel at Cape Girardeau plant
A series of trials is underway at Buzzi Unicem’s Cape Girardeau cement facility in an effort to use more hazardous waste as fuel. The company invested US$1m in the project, aim...
The Vissai to acquire US$83.2m cement project in central Vietnam
Vietnamese cement maker The Vissai is completing legal procedures to acquire a cement project in the central province of Nghe An from Do Luong Cement JSC with a registered inve...
India: Burnpur Cement signs MOU for Patratu project
Burnpur Cement Ltd (BCL), one of the largest integrated cement plants in eastern India, today signed a Memorandum of Understanding (MoU) with the Jharkhand government for setti...
Jidong Cement's 1H12 profit down 85 per cent
Tangshan Jidong Cement Co Ltd, a construction materials manufacturer and distributor based in Tangshan, Hebei province, has announced its net profit attributable to shareholder...
China: State Council plans to invest CNY2.366tn over 2011-15 on energy conservation
China plans to invest about CNY2.366tn (US$372.5bn) in projects for energy conservation and carbon-emissions reduction over the 2011-15 period, the State Council, said in a sta...
India: builders protest against high cement prices
In a statewide protest organised by the Builders’ Association of India, builders in Coimbatore voiced their opinions on a protest rally on Tuesday, demanding measures by the st...
West China Cement faces downgrade review by Moody
Moody's has placed West China Cement Limited's (WCC) Ba3 corporate family and senior unsecured bond ratings under review for downgrade, reports the Hong Kong Standard. Earlier ...
Venezuela: Cerro Azul to come online in September
Venezuelan President Hugo Chávez announced that the new Cerro Azul cement works, located in El Pinto Piar, Monagas state, is scheduled to enter service in September. "Right n...
Oman: Port of Duqm to build cement terminal
Oman is set to increase imports of cement and bitumen with the establishment of new terminals at the Port of Duqm. Both facilities are indispensable to supporting the speedy an...
Vietnam: cement sales decline
Total domestic cement consumption during the first seven months of this year was 27.6Mt, down by three per cent against the same time last year and 50 per cent of the yearly ta...
Taiwan Cement and Asia Cement’s Chinese profits fall
Decreasing cement prices and shrinking infrastructural work in China has impacted the profits of Taiwan Cement Co (TCC) and Asia Cement, two Taiwan-based cement makers operatin...
Colombia: Cemex subsidiary applies to sell Latin American assets
Cemex Latam Holdings SA, a wholly-owned subsidiary of Cemex España SA, presented to the Superintendencia Financiera de Colombia an application to list its shares on the Colombi...
Australia's Boral 2H profit slumps
Hit by weak housing construction in Australia and delays in big resource and road projects, top Australian building products maker Boral Ltd reported a 59 per cent fall in seco...
Mexico: Cemex announces 90% acceptance of its ongoing debt exchange
Cemex has announced that it has received acceptance notices representing approximately 90 per cent of the exposures under the 2009 Financing Agreement and indication of an inte...
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