Ciments Francaise first-half revenue declines
Ciments Francais, part of the Italcementi Group, reported that consolidated revenues for the first half of 2012 amounted to EUR1.9m, down 4.8 per cent YoY reflecting a 6.5 per ...
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HeidelbergCement revenues rise driven by North America and Asia
HeidelbergCement has reported a rise in revenue and profit for the second quarter of 2012 driven by increased sales in North America and Asia as well as successful price increa...
Shree Cement fined by regulator for price fixing, India
Shree Cement Ltd has been fined US$72m by the Competition Commission of India (CCI), the watchdog said in a statement, making it the 12th cement company to be fined for cartel ...
Oman Cement first-half profit rises 23%
Oman Cement has reported a 23.01 per cent in net profit for the first half of 2012. Earnings rose to OMR9.02m (US$23.4m) compared to OMR7.3m in 1H11. Cement sales advanced 2...
UltraTech Cement eyes mega cement complex in Tamil Nadu, India
UltraTech Cement is considering constructing a massive cement complex including a 5.5Mta integrated cement plant in Kurur, Dindigul district, Western Tamil Nadu, according to l...
Cemex signs 10-year outsourcing deal with IBM
Cemex announced it has signed a 10-year services deal with International Business Machines Corp (IBM) that will help it save close to US$1bn during the lifetime of the contract...
Fives FCB acquires Technip’s cement division, France
Fives FCB, a subsidiary of the Fives Group, has acquired the business portfolio of CLE Groupe Technip France, the specialist cement plant division of the Technip Group. For m...
Dangote Cement applies for two-year free float extension, Nigeria
Dangote Cement Plc is seeking an extension of the free-float waiver it secured from the when it merged with Benue Cement Company Plc two years ago, reports from the Nigerian S...
JPMorgan sells 6.26m H-shares in Conch Cement
JPMorgan Chase & Co sold 6.26 million H-shares in Anhui Conch Cement Co Ltd, a major cement producer in China, at HK$ 20.46 apiece, for a total of HK$ 128 million on July 19th,...
Cementos Argos positive sales trends continue
Cementos Argos has reported positive operating figures for its cement division, continuing the trends seen in the first quarter of the year. Argos. In the second quarter of 20...
HeidelbergCement opens new Lithuanian terminal
HeidelbergCement has opened a new cement terminal in Klaipeda, city in Lithuania situated at the mouth of the Dane River where it flows into the Baltic Sea, according to l...
Six state-owned plants to be sold, India
The government of India has revived plans to sell six out of 10 cement plants operated by state-owned Cement Corp of India. Two of the cement plants are located in the state of...
New contract for FLSmidth in Egypt
FLSmidth has been awarded a contract by National Cement Company of Egypt for operation and maintenance of two of their production lines located in Cairo, Egypt. The parties hav...
Lafarge South Africa import concerns
Lafarge South Africa unit may ask country’s the International Trade Administration Commission to protect the market from alleged low quality imports from Pakistan, Business Day...
JSW Cement sets up new slag cement plant, India
JSW Cement has established a 5Mta slag cement plant at Nandyal in Kurnool district, the slag for which is supplied by the company's steel plant in Karnataka. RC Sodani, CEO a...
Bishal Cement commences operations, Nepal
Bishal Cement Industries (BCI) has commenced operations, introducing Bishal OPC and Bishal PPC brands to market. The company has a capacity of 300tpd and 400tpd of OPC and PPC...
JP Morgan remains underweight on Ambuja Cements
JP Morgan remain Underweight on India's Ambuja Cements. Key risks to the price target as per JP Morgan is a sharp recovery in cement demand to help drive higher than expected...
Builders Association urges government to look into price hikes, Malaysia
The Masters Builders Association of Malaysia (MBAM) has urged the government to look at a possible rise in cement prices which is expected to impact the local construction sect...
Cemex bolstered by improving US sales
Cemex has reported an improved profit line for the first-half of 2012, as sales from its US division move into long-awaited positive territory signalling that the debt-laden pr...
Lafarge takes hit on Greek impairment charge, maintains outlook
Lafarge has reported improved second-quarter sales and operating profit but net profit plummeted as it took an impairment charge of EUR200m (US$244m) on its Greek assets. Se...
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