Peru’s Cementos Pacasmayo goes to Wall Street
In a document filed to the US securities regulator, Cementos Pacasmayo details is plans
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Aditya Birla to bid for Lafarge’s South African cement business?
India’s Aditya Birla group which owns Ultra Tech Cement Ltd and Shree Cement Ltd are considering buying Lafarge SA’s cement business in South Africa
Kenya: new plants on recruitment drives
Cemtech, the Indian cement firm majority-owned by the Sanghi Group, has began recruiting staff in a signal that the company is about to give the long-delayed project a new push.
Pakistan: cement sector capacity utilisation lowest in 10 years
The capacity utilisation of cement sector reached its lowest at 69.67% in past one decade in the first two quarters of 2011-12 that ended on 31 December 2011
Saudi Arabia: Hail Cement signs SAR118m deals for housing complex
Hail Cement Co said that it had signed a housing contract with the JV of Teberak Trading and Contracting Company and Mo B Co for Civil Construction.
New Zealand: port lease approved for cement trade
New Zealand's foreign investment watchdog has approved a leasehold deal at Timaru’s port
India: NCP demands closure of illegal cement units
India's opposition, National Congress Party, today demanded the government should stop all cement plants operating illegally in Jaintia Hills district
Saudi Cement sector takes stock
NCB Capital, Saudi Arabia’s largest asset manager, expects the Saudi cement sector to continue witnessing strong demand in 2012, led mainly by government projects.
India: Cement may firm up on new coal pricing
Additional cost pressure due to costlier raw material from Coal India Ltd (CIL). Companies expect prices to rise by INR8-10 a bag (US$0.15-0.19).
Yamama Saudi plans 50% capital hike
Saudi’s Yamama Saudi Cement Company plans to increase its capital by 50% through a bonus share issue, the firm said in a bourse statement.
Credit Suisse cuts Europe building materials market weight
Credit Suisse downgrades the European building materials sector to market weight from overweight, saying
India likely to post double-digit growth in December
Robust sales from Indian cement majors have once again put industry on a double-digit growth trajector
Tangshan Jidong Cement reports 30.82% rise in clinker output
Tangshan Jidong Cement, a Hebei Province-based producer of cement and clinker, saw its clinker output
Mozambique looks to eliminate cement imports
The Mozambican Ministry of Industry and Trade is considering imposing a quota system for imported
Lalibela Cement to construct factory in Ethiopia
Lalibela Cement S.C is to construct a plant in the Amhara Regional State, Ethiopia.
CNBM buys stake in Panzhihua Coal Cement, China
China National Building Material Group Corporation (CNBM) has agreed to acquire a 100% stake in
Tokyo Cement ‘A’ long term rating confirmed, Sri Lanka
Ram Ratings has confirmed an ’A’ long term rating of Sri Lanka’s Tokyo Cement Plc on its market share and
Holcim Malaysia eyes increased sales driven by green cement
Holcim (Malaysia) Sdn Bhd, is eyeing MYR342m (US$108.7m) in sales this year, mainly boosted by its
Conch announces new grinding plant, China
Anhui Conch Cement plans to invest CNY800m (US$126.9m) to build a grinding plant with capacity of
Suspended Portland board fires acting MD, Kenya
Suspended East African Portland Cement board yesterday fired acting managing director, Peter Korir, a
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