Dangote prepares to launch new line
Dangote Cement has concluded arrangements to finally launch its new 6Mta cement plant in Ibese, Ogun State.
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Pakistan producers call for freight dues to be honoured
The All Pakistan Cement Manufacturers Association (APCMA) has urged the government to clear its long-awaited dues relating to an inland-freight subsidy.
Saudi Billionaire eyes Nigeria’s cement sector
Saudi Arabia’s Prince Alwaleed bin Talal al Saud, weekend said he was looking to making substantial investments in Nigeria,
India Cement reports quarterly profit
India Cement has posted net profit of INR697.1m for the quarter ended September 30, 2011 as compared to
Titan suffers from weak domestic market
Titan’s turnover for the first nine months of 2010 declined by 18.4% to €838.9m and the EBITDA came down by 15.5% to €219.8m as the company suffered from weak Greek sales both i...
Brazil sees signs of collusion in cement market
Six Brazilian cement makers colluded to fix prices, hampering competition in the midst of a construction boom, Brazil’s justice ministry said.
S&P downgrades Cemex rating on global slowdown
Ratings agency Standard & Poor’s (S&P) has lowered its global rating for Cemex from B to B- and its national rating from mxBB+ to mxBB with a negative outlook.
Indian utilisation expected to decline further to 75% in FY12
All-India cement demand is expected to grow by 4.5% in FY12E against 4.4% in FY11 and 10.2% in
Saudi Southern Province nine-month net profit jumps
Saudi cement producer Southern Province Cement (SPC), said its net profit for the nine months to
Youngor invests in Huaxin private placement, China
Youngor Group Co Ltd said on November 11th that its wholly-owned investment subsidiary spent
Shree Cement net profit rises, India
Shree Cement Thursday registered a nearly three-fold rise in net profit to INR38.49 crore (US$7.7m) fo
October sees rise in domestic Pakistan sales
Pakistan cement sales in October 2011 stood at 2.94Mt against 2.92Mt recorded during the same period last year
Siam Cement Group green investment, Philippines
Siam Cement Group (SCG) has invested 24 per cent in Green Alternative Technology Specialist Inc.
FLSmidth lowers 2011 world cement capacity outlook
FLSmidth on Thursday cut its full-year 2011 expectation for world cement capacity growth and narrowed its revenue outlook slightly towards the upper end of an earlier range.
Indonesia’s Oct cement sales rise 21.8% YoY
Indonesia’s cement sales rose 21.8 percent in October from a year ago, a slower pace than September,
HeidelbergCement taps seven year bond
HeidelbergCement carried out a EUR200m tap issue of its most recent seven year EUR300m Eurobond
Lafarge Shui On Cement sells 3-Year Dim Sum Bonds
Lafarge Shui On Cement Ltd., a joint venture between Lafarge and Hong Kong-listed Socam Development Ltd sold CNY1.5bn
High input costs push up Nepal prices
Prices of major construction materials like cement and steel continue to increase in Nepal despite low
Holcim Fund to promote energy efficiency
Holcim sets aside some CHF100m (EUR81m) every year to further improve energy efficiency in the
Wagners opens new Brisbane bagging facility, Australia
Wagners has opened a state-of-the-art cement bagging plant as an extension to its cement grinding plant at Pinkenba, Brisbane
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