Oyak Cement Group posts €73m net profit in Jan-Sep 2011
Oyak Cement Group issued a statement to the ISE and said that the group companies posted a net profit of TRY 183m (€73m) and a sales revenues of TRY 830m in January-September.
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Uganda: cement shortage amid power cuts
The construction sector, Uganda’s fastest growing services sector is headed for a huge slump as the dwindling volumes of cement production appear likely to slow activity.
India: cement demand sluggish in all regions except west
IIFL Institutional Equities, a part of the IIFL Group, one of the leading players in the Indian financial services space, in a recent report on the cement sector said that barri...
Thailand: cement supply sufficient
The supply of cement is enough to serve demand from now until the flood crisis ends, Chantana Sukumanont, executive vice president of Siam City Cement Plc, said last week.
India: acquisition of 11.24% of Gharibwal Cement announcement by Silkbank Limited
The Silkbank Ltd has entered into a debt-equity swap transaction with the Sponsors of Gharibwal Cement Ltd GCL),
USA: forecast puts robust cement consumption off until 2014
Job creation is key to improving many economic indicators, and its reduction translates into a longer wait for the construction and cement recovery.
UK: Clitheroe’s Castle Cement job fears
Jobs could be at risk at one of the largest employers in the Ribble Valley amidst predictions for a "tough" 2012, according to a report in the Lancashire Telegraph.
UltraTech to set up 2Mta plant in Dankuni
Kumar Mangalam Birla-controlled UltraTech Cement Ltd has proposed setting up a cement plant in West Bengal of 2Mta capacity.
Lafarge to construct Uzbekistan plant
Lafarge will begin the construction of a cement plant with a capacity of 2Mta in the Jizak region (central part of the country) in the second half of 2012,
Saudi Arabia: United Cement signs deal for mining license
Petroleum and Mineral Resources Minister Ali Al-Naimi on Sunday signed the first of seven licenses for the exploitation of limestone for cement production.
India: cement industry to grow above 9% next year, consolidation in sight
A steep rise in cement prices have led to a hike in construction costs for builders. Cement companies have increased prices by INR00/bag in the last three months.
Armenia: Mika cement sustained losses by 15-20% in 2011
Mika Cement, one of the largest companies producing cement in Armenia, sustained losses by 15-20% in 2011, said Naira Martirosyan the company’s general director.
Caribbean cement market shows signs of a turnaround
The cement market rebounded in the third quarter, according to new data from primary supplier and producer Caribbean Cement Company Limited (CCCL),
National Cement, Kenya, seeks to establish clinker plant
National Cement (Kenya), has announced plans to set up a KES10bn clinker plant at Kajiado, Lukenya, to supply its recently commissioned grinding plant...
Indian steel producer, RINL, seeks JV partner for cement project
Rashtriva Ispat Nigam Ltd (RINL), owner of Visakhapatnam Steel Plant, Andhra Pradesh, India, is seeking a joint venture partner to establish a new cement plant...
Geocycle announces waste deal with Ford Australia
Geocycle (Australia), the wholly owned subsidiary of Cement Australia, has joined forces with Ford Australia on a waste recycling project..
Lafarge reaches agreement on Algeria project
Lafarge appears to have finally reached agreement with the Algerian authorities on the commercial
Vietnam cement producers suffer losses
Declining cement consumption, along with rising input costs has resulted in Vietnam’s cement industry suffering losses worth
UltraTech to add 10Mta of capacity by March 2014
Ultratech Cement Ltd plans to invest INR110bn (US$2.2bn) over the next three years to expand its
Lafarge unit relocating headquarters, USA
A unit of Lafarge Cement North America is relocating its headquarters and about 50 jobs from Lee’s
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