Podilskyi Tsement reports 2011 net loss, Ukraine
Ukrainian producer, Podilskyi Tsement, has reported loss of UAH9.67m (US$0.9m) for 2011 but the domestic construction sector is showing signs of a reversal in fortunes. The ...
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Starlinger delivers 100th AD*STAR conversion line
The ad*starKON 60 is conversion line for the worldwide patented AD*STAR sacks developed by Starlinger & Co of Austria. In December 2011 the 100th line for the production of bl...
Full-year Egyptian demand declines due to uprising
Egypt's cement consumption in 2011 decreased by an estimated eight per cent to 45.2Mt according to a report by CI Capital, following an increase of three per cent to 48.9Mt the...
Bolivia looks to imports to solve shortage
To address a possible shortage of cement, Bolivia’s Deputy Minister of Public Works, Vladimir Third, announced yesterday, the country is considering scaling up imports as gas s...
Pakistan exporters hike Afghanistan prices by 25%
Pakistani exporters have raised prices to Afghanistan by 25 per cent to US$50/t up from US$37-40/t, the Express Tribune reports. Senior analyst at KASB Securities, Shagufta I...
WBCSD – quarry rehabilitation guidelines released
The World Business Council for Sustainable Development (WBCSD) has released Guidelines on Quarry Rehabilitation which provides practical guidance for managing the impacts of qu...
Lafarge signs MoU for new university supply contract, Bangladesh
Bangladesh’s Lafarge Surma Cement (LSC) has signed a Memorandum of Understanding (MoU) for its Supercrete cement brand to be used in the entire construction of the new Global U...
Holcim files lawsuit over EUA theft, Romania
Holcim has filed a lawsuit against Romania’s carbon registry for damages relating to EUR1m allowances that were stolen from the company in a hacking attack in 2010, Reuters rep...
Dyckerhoff Ukraine in alternative fuels initiative
Dyckerhoff Ukraine intends to use briquettes of household fuel as waste at its Volyn Tsement plant in Zdolbuniv, Rivne region. Ukrainian News reported the company’s head of e...
Port Daniel cement plant project agreement, Canada
Société en commandite Gisement McInnis (McInnis) has entered into a partnership agreement with Cimbec Canada Inc to develop the Port Daniel cement plant and terminal project ...
Cementos Lima's 2011 shipments fall, Peru
Cementos Lima, the largest cement manufacturer in Peru, saw cement shipments in 2011 decline by 53,000t, down 1.6% from 2010. This brings the company’s total cement shipments ...
Holcim secures loan for new Indonesia plant
Holcim Indonesia has secured a US$150m to be used to expand its production capacity in Indonesia which this year is expected to be running at close to nominal grinding capacity...
Construction sector impacts UK 4Q11 figures
Fourth quarter 2011 UK GDP figures published yesterday by the Office of National Statistics show that the domestic economy contracted by 0.2 per cent, with the main contributor...
Martin Marietta continues pursuit of Vulcan
Martin Marietta Materials Inc, which began a hostile takeover of Vulcan Materials in December, released a list of five people it is pushing for election on Vulcan Materials' bo...
TCL to challenge Competition Commission, Trinidad
Trinidad Cement Company (TCL) has been granted an application for special leave by the Caribbean Court of Justice, allowing the cement producer to challenge a report on the reg...
Fitch affirms ACC rating, India
Fitch Ratings has affirmed India-based ACC’s National Long-Term rating at 'Fitch AAA(ind)'. The outlook is Stable. The affirmation reflects ACC's pan-India presence with arou...
Siam Cement closing in on Vietnam acquisition
Thailand’s Siam Cement said on Wednesday it was interested in buying a stake in a Vietnam cement maker and expects to spend less than THB10bn (US$315m) on the acquisition, Reut...
CMA announces Muthiah as new head, India
Mr MAMR Muthiah, managing director of Chettinad Cement Corporation has been announced as the new president of the Cement Manufacturers Association of India at its 50th annual m...
Cemex recognised for export efforts, Dominican Republic
Cemex has been recognised as a “Great Exporter” by the Dominican Association of Exporters for consistent growth that has led the company to be the biggest exporter of cement in...
Siam Cement’s 4Q net profit drops, strong sales recovery expected
Thailand’s biggest industrial conglomerate, Siam Cement, recorded an 81 per cent drop in fourth quarter net profit due to the recent typhoon-triggered floods that hit the count...
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