Lafarge joint-venture wraps up sale of offshore bonds, China
Lafarge Shui On Cement Ltd, a joint venture between Lafarge and SOCAM Development Limited, said
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Weak shilling pushes up Tanzanian cement prices
Tanzania Portland Cement has raised retail prices to TZS14,000/50kg (US$8) bag from TZS13,500 (US$7.7)
Pakistan asks India to lift tariff, non tariff barriers
Against the backdrop of government’s fresh decision of granting most-favoured nation (MFN) status to India, Pakistan has decided to ask India to lift tariff and non-tariff barri...
Locals protest against new Andhra Pradesh plant, India
Tension prevailed for some time at Pudi village of Rambilli coastal village, in the state of Andhra Prade
Ulyanovskcement boosts cement production, Russia
ZAO Ulyanovsktsement boosted production of cement by 19% in the first 10 months of this year versus
12th NCB International Seminar opens in New Delhi
The 12th NCB conference opened its doors today in the Ashok Hotel, New Delhi to more than 700 delegates
Paraguay’s INC announces another kiln stoppage
Managers of Paraguay-based Industria Nacional de Cemento have announced a further stoppage of the kiln at the company’s Vallemi plant, Concepción, as the company carries out mai...
JP Associates to demerge Gujarat, AP cement plants
The Jaypee Group’s cement company, Jaiprakash Associates, approved demerger of its Andhra Pradesh and
Saudi cement industry poised for upturn
Saudi Arabia’s cement industry, the largest in the Middle East, has largely expanded this year and growt
China Cement Stocks To Outperform In 2H12
UBS keeps its long term positive view on China’s cement sector and expects cement stocks to outperform in
Sean Quinn declares himself bankrupt, Ireland
Ireland’s richest man, has declared himself bankrupt in a Belfast court over nearly three billion euro of debts to the former Anglo-Irish Bank.
Buzzi volumes rise in all markets except Italy & USA
Buzzi Unicem’s turnover for the first nine months improved 5.5% to €2,109.4m, but the EBITDA advanced by just 1.1% to €330m,
Brazil year-to-date sales up 7.7%
Preliminary data and market estimates show that cement demand in Brazil between the January-October 2011 period reached 52.9Mt, up 7.7 per cent YoY.
Taiheiyo Cement reverses quarterly loss
Taiheiyo Cement Corp released better-than-expected earnings for the April-September period.
Antitrust clears Sibirsky to raise stake in Angarsky Cement
Russia’s Federal Antimonopoly Service has cleared Russian holding Sibirsky Cement to increase its stake in
Fitch Affirms HeidelbergCement at ’BB+’; Outlook Stable
Fitch Ratings has affirmed HeidelbergCement’s Long-term Issuer Default Rating (IDR) at ’BB+’ and Short-term IDR at ’B’.
India’s October output and demand down YoY
India’s cement production declined over 1% from a year ago to 14 .78Mt October, while dispatches fell
Holcim denies cartel activity, Brazil
Holcim Ltd Friday denied wrongdoing after the Brazilian Ministry of Justice accused it of price fixing in the country.
Shree Cement operating at higher utilisation rates
Shree Cement Ltd is operating at 84-90% capacity while the industry is working at 70-75%
JK Cement plans UAE white cement plant
India’s JK Cement has announced plans to set up a 0.6Mta white cement plant in the UAE through a subsidiary.
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