Cement industry news

31 Oct 2011 International

Venezuelan to establish national cement distribution system

The Venezuelan government is to establish a new system for the distribution and sale of nationalised cement, and has also announced an increase in regulated cement prices.

31 Oct 2011 Corporate

GP Goenka may Sell Stake in Andhra Cements

Kolkata-based industrialist GP Goenka is close to selling his controlling stake in debt-ridden Andhra Cements to the Dalmia group

31 Oct 2011 Corporate

Egypt’s Misr Cement Qena net falls 16 per cent

Egypt’s Misr Cement Qena said on Sunday its nine-month net profit fell 16 per cent from a year earlier.

31 Oct 2011 International

Vietnam likely to produce 48.9Mt of cement in 10 months

Cement producers in Vietnam are estimated to have made 48.9Mt of cement in the first 10 months of this year.

31 Oct 2011 Corporate

Shanshui Cement inks strategic team-up deal, China

China Shanshui Cement said its wholly- owned subsidiary Shandong Shanshui Cement entered into a

31 Oct 2011 International

September sees strong increases in demand

September was a strong month for cement consumption, with increases in 14 of the 15 countries that Jefferies follow.

31 Oct 2011 Corporate

Raysut profits down 38.5%? on competition, Oman

Raysut Cement saw profits fall 38.5% for the first nine months of this year compared to the same period last year.

31 Oct 2011 International

Prism gets 1000 acres to set up plant in Andhra Pradesh

The Andhra Pradesh Cabinet today approved the allotment of 1000 acres for Prism Cement in Kurnool

31 Oct 2011 International

Saudi Arabia to offer seven licences

Saudi Arabia plans to offer seven licenses for cement plants before the end of the year

31 Oct 2011 Corporate

Cimpor eyeing stake in Tamil Nadu company??

Cimpor is looking to pick up a strategic 51% stake in Rajapalayam, Tamil Nadu-based Sree Jayajothi

31 Oct 2011 International

Industry appointment – DG Khan Cement

DG Khan Cement Company Limited has informed that due to

31 Oct 2011 Corporate

Tarmac Ltd back in profit after European business sales

Tarmac Ltd has reported a GPB75m (EUR85m) pre-tax profit for 2010 after the sale of its European businesses.

31 Oct 2011 Environmental

State reviews GCC plan to burn old tyres, USA

After a delay of more than a year, state air-quality regulators have begun reviewing the application from

31 Oct 2011 International

Osun State receives Lafarge rail shipment?, Nigeria


Osun State has received 600t of cement by rail from the Lafarge Cement WAPCO Nigeria.

31 Oct 2011 Environmental

Cemex seeks green energy alternatives in Poland

Cemex Polska is seeking to replace the use of coal-fired energy with renewable energy to reduce its CO2 emissions

31 Oct 2011 International

Naga City okays PHP535m budget for 2012

The Philippine city of Naga in southern Cebu has approved a PHP535m (US$12.6m) budget for next

30 Oct 2011 Corporate

Dalmia in talks to acquire new cement plants, India

Cement maker Dalmia Bharat Enterprises is in talks to acquire newly built cement plants to expand in a

28 Oct 2011 Corporate

CRH downgrades by Credit Suisse to "neutral"

CRH PLC was downgraded by equities research analysts at Credit Suisse from an “outperform” rating to a “neutral” rating in a research note issued to investors on Thursday. Sepa...

28 Oct 2011 Corporate

Lafarge WAPCO nine month profit rises 2.8%

Lafarge Cement WAPCO Nigeria Plc, a unit of Lafarge SA, posted a 2.8 per cent increase in nine-month

28 Oct 2011 Corporate

Holcim, investor partner oppose bid for Afrisam

Afrisam Ltd’s largest shareholders, including Holcim Ltd, said they oppose a takeover bid by South Africa’s government-owned