Talks on new Guatemala-Honduras venture
Honduran President, Porfirio Lobo Sosa has begun talks with representatives from a Guatemalan cement producer on the possible establishment of a cement factory in Honduras. ...
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Exane BNP downgrades HeidelbergCement
Exane BNP Paribas has downgraded HeidelbergCements rating to “underperform” from “neutral” but raised the price target to EUR32.00 from EUR30.00. Exane analyst, Paul Roger, ...
JK Lakshmi to invest in capacity expansion, India
JK Lakshmi Cement is ensuring it is well placed for a revival in future domestic demand by planning to spend US$386m in the next financial year on expanding capacity, the Wall ...
UK monthly construction output flat
UK construction output figures from the Office of National Statistics for November show no change from the low levels recorded in October. However, output was 1.6 per cent lo...
Ciments Francais seeks to keep Sibstem advance payment
Ciments Francais said it wants to keep a EUR50m advanced payment by SibCement for Turkish cement assets which the latter did not acquire, according to local press reports. C...
India: 2012 outlook negative
With the Indian cement industry currently caught in a down-cycle, Fitch Ratings has said the 2012 outlook for the Indian cement sector is negative. Moderation in cement dema...
Latest grinding technology for Australia
Gebr Pfieffer has been contracted to supply Cement Australia, with the country’s largest vertical roller mill
Spanish full year cement consumption falls 17.2%
Spain has witnessed a double-digit decline in full year 2011 cement consumption of 17.2 per cent to
Citigroup lowers target price for two Chinese producers
Citigroup has lowered its target price for Anhui Conch and China Resources Cement.
Cementos Portland announces two board members, Spain
Spanish cement producer Cementos Portland Valderrivas has approved the nominations of Juan Bejar
Brazil cement sales rise 7.3% in 2011
Brazilian cement demand has continued its upward momentum with 2011 sales advancing 7.3 per cent YoY, latest data from Sindicato Nacional da Indústria de Cimento shows. Prel...
HeidelbergCement inaugurates new mill, Bangladesh
HeidelbergCement officially inaugurated a new 0.8Mta cement ball mill at its plant in the seaport
Goldman Sachs downgrades Taiwan Cement target price
The target price for Taiwan’s leading producers, Taiwan Cement Company International (TCC) has been
Xinjiang Tianshan public issue to fund six projects, China
Xinjiang Tianshan Cement Co, based in Northwestern China’s Xinjiang Uygar Autonomous region, plans to
Gresik announces new investments, bond issue, Indonesia
Indonesia’s largest cement producer, PT Semen Gresik, plans to invest up to US$600,000 on five cement packing plants to be constructed in a number of locations on the island of...
Fuel shortages impacts Nepal production
New additions to the Nepal production base are facing difficulties as a
Protests ensue over rising cement prices, India
Protests have taken place at Century Cement’s Chhattisgarh cement plant
Ministry steps in to curb escalating Saudi prices
Saudi Arabia’s Ministry of Commerce and Industry has intervened to curb
Anhui Conch expects 80% rise in net profit, China
Anhui Conch, China’s largest cement producer by output, said today it expects to register an increase of over
US October 2011 shipments up 4% YoY
Total shipments of Portland and blended cement in the United States and Puerto Rico for October 2011
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