Pakistan budget brings relief measures to cement sector
Pakistan's Finance Minister Dr. Abdul Hafeez Shaikh has announced number of incentives and relief for various sectors including the cement industry in the Federal Budget July 2...
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Birla Corp eyes cement plant construction in Ethiopia
Birla Corp plans to set up a cement plant in Ethiopia following the establishment of a wholly-owned subsidiary, Birla Corp Cement Manufacturing Plc, in the sub-Saharan African ...
Dangote Cameroon plant to proceed, Cameroon
Dangote Cement Plc is being granted permission by the government of Cameroon to build a factory in the port city of Douala after a dispute over land was resolved, Bloomberg rep...
AfriSam adapts cement product portfolio, South Africa
South African cement producer AfriSam says it has re-engineered its cement product portfolio to provide fit-for-purpose solutions to almost any building or construction require...
Al Khaij Cement Co to raise cement production
The board of directors of Qatar's diversified holding Qatari Investors Group has approved a project to boost the production capacity of affiliate Al Khalij Cement Co to 14,000t...
UK construction sector activity 'slowed' in May - survey
Growth in the UK construction sector slowed to a three-month low in May, according to a survey. The Markit/CIPS purchasing managers' index (PMI) for construction fell to 54.4...
Tokyo Cement net profit held back by tax increases, Sri Lanka
Sri Lanka's Tokyo Cement (Lanka) Plc said net profits for the March quarter rose just two per cent to SLR130.24m a year earlier, held back by a steep increase in taxes. Accord...
Credit Suisse maintains negative outlook for large Indian cement companies
Credit Suisse maintains negative outlook for large-cap cement stocks, due to expensive valuations and low growth prospects, the Economic Times of India reports. Cement prices...
Arabian Cement Co first-quarter net profit rises 26%
Saudi cement producer Arabian Cement Company (ACC) said its net profit for the first quarter of 2012 rose by 26% year-on-year to SAR146.1m (US$88.7m), boosted by growing sales....
St Marys recognised for energy managerment, Canada
St Marys Cement-Bowmanville is the first North American industrial organization to receive the International Organization for Standardization's (ISO) ISO 50001 certification. T...
Mixed results for Chilean producers
Two of Chile’s top cement producers have reported mixed results for the first quarter of 2012. Cementos Bío Bío (CBB) posted a net loss of CLP408m (US$787,000) in the first q...
Indian producers consider early price reduction on monsoon
Indian cement companies are considering a reduction of INR8-10/bag later this month in anticipation of a slowdown in construction activities due to the arrival of monsoon seas...
New managing director for Al Khalij Cement, Qatar
The Qatari Investors Group has appointed Faisal Abdulla al-Mana as the managing director of its subsidiary Al Khalij Cement Company. Al-Mana was elected as member of the board ...
CNC imposes EUR 1.28m fine on Cementos Portland, Spain
Spanish competition authority CNC has imposed a EUR1.28m fine on cement producer Cementos Portland Valderrivas for submitting incomplete information. In May 2012, the CNC laun...
Sadico Cantho net profit rises 51.87%, Vietnam
Sadico Cantho Joint Stock Corporation (SDG) said it made a net profit of VND6.5bn (US$309,800) in Jan-March, an on-year growth of 51.87%. Revenues rose 19.5% on year to VND75....
Mozambique reaches cement production record
Domestic cement production in Mozambique reached a record 277,000t in 1Q12 with imports falling to 79,000t. The commissioning of new factories across the country was the mai...
Belarus Krichev cement plant operational by November 2012
Krichev, Belarus, will get a new dry-process cement plant in November 2012. Construction on the 1.8Mta works is currently underway, said Leonid Skotsky, director of Krichevtsem...
Moroccan cement market enters quiet period
After returning healthy figures in 2011 and at the start of 2012, Moroccan cement producers have found April more of a challenge. "The beginning of 2012 was very encouraging...
HeidelbergCement hoards liquidity due to financial crisis
HeidelbergCement AG is hoarding liquidity to create a buffer should the Eurozone crisis deepen, its chief executive told the Wall Street Journal Deutschland in an interview. "...
Conch Cement to buy in Xinjiang Qingsong non-public issuance
Xinjiang Qingsong Building Materials and Chemicals (Group) Co announced that it has signed a framework agreement with Anhui Conch Cement Company that the latter would buy 150 m...
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