China cement stocks – UBS comment
The recent rebound in China cement stocks is "largely policy driven," says UBS. Looking forward, the
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Ahangarancement produces 1.3Mt of cement, Jan-Sept
Ahangarancement open joint stock company, part of Eurocement Group (Russia) produced 1.3Mt of cement
Madras Cements benefits from higher realisations
Strong realisations boosted profit at India’s Madras Cements Ltd in the three months ended September.
PPC sees marginal improvement in sales
South African sales in September rose 12.7% YoY and whiles sale in the year are up 2.1%, the industry is
Saudi Tabuk Cement boosts net profit
Saudi cement producer Tabuk Cement Company, or TCC, said its net profit for January-September 2011 rose 9.4% YoY to SAR108.9m (US$29m).
Citi cuts Thai Siam Cement target price
Citigroup has cut its target price for Thailand’s Siam Cement Pcl (SCC) to THB375 from THB417 but still recommends it as a "buy".
Siam City Cement says floods to affect fourth quarter earnings
Siam City Cement Plc (SCCC) says its fourth-quarter financial performance could be poor as severe floods have lowered cement demand
Dyckerhoff performs strongly in Eastern Europe
The Buzzi Unicem subsidiary Dyckerhoff’s turnover for the first nine months increased by 14.2% to €1217m, with turnover in western Europe being ahead by 15.3%
India’s Jaypee to sell stake in cement unit
India’s Jaypee Group, the US$3bn engineering and construction conglomerate, is in talks to sell a stake in
India: joint venture partner sought for new proposed plant
HeidelbergCement and domestic producers such as UltraTech Cement and Reliance Cements are said to be among those interested in partnering state-run Rashtriya Ispat Nigam’s
Athi River nine-months hit by forex losses, Kenya
Kenyan cement maker Athi River Mining suffered a 61 per cent drop in pretax profit to KES296.90m (US$3m) in the nine months ended September
Taiwan Cement in carbon capture venture
The Industrial Technology Research Institute (ITRI), Taiwan’s most prestigious research-
ACC launches new cement, India
Coastal Plus, a specialised cement manufactured by Associated Cement Company (ACC), was released on Friday.
Calls for Indian price investigation
Hurt by a sharp rise of INR100/bag in cement prices in the past three months, India’s real estate body, NAREDCO
Increasing demand leads to higher dividend payouts, East Africa
Nairobi Securities Exchange listed cement makers Bamburi Cement and Athi River Mining are expected to realise higher cash return from their operations in the next three years
Ian Gallienne takes up role of Lafarge director
The Board of directors of Lafarge has announced Ian Gallienne will assume the role of director of Lafarge.
US August shipments up 8% YoY
Total shipments of Portland and blended cement in the United States and Puerto Rico for August 2011
Lafarge 3Q net profit falls, launches 2012 cost-reduction plan
Lafarge SA Friday announced a EUR500m cost-reduction plan for next year after third quarter net profit fell despite an increase of sales revenue.
Boral’s first-half profit expected to remain slow
Boral’s first-half profit is expected to be close to that of the second half and under the same period last year due to flat or slowing building markets in the United States and...
Lafarge closes sale of gypsum assets to Etex Group
Lafarge announced that the Group received €850m with the closing of the sale of its European and South American Gypsum assets to
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