Tangshan Jidong Cement to issue bonds, China
Hebei Province-based cement manufacturer Tangshan Jidong Cement Co Ltd announced on July 29 that it
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Ciments Français: reducing estimates and price target
Jefferies International Limited (JIL) are lowering its price target from €73 to €72 and its EBITDA estimates for both 2011 and 2012 by 7%, mainly due to its more cautious assump...
Italcementi advances in India and Thailand
Italcementi’s first half turnover recovered by 2.1% to €2452m, but the running EBITDA declined by 15.4% to €372.1m. Trading profit fell by 24.2% to €158m, but a 60.6% redu...
Quinn Group in call for GBP35m working capital
Quinn Group, the Northern Ireland-registered company encompassing cement, plastics, glass and radiators operating businesses, is seeking additional funds from banks and bondhold...
ACC launches eco-friendly cement
ACC Ltd on Saturday launched Concrete +, its eco-friendly cement, targeting the requirements of individual home builders. Concrete + is produced by grinding OPC 53 grade, whic...
Oman cement to increase grinding capacity
Oman Cement wants to boost its cement grinding capacity to meet increased demand, spurred by the recent boom in infrastructure projects in the country.

Dr Abdullah ...
Dyckerhoff group sales significantly increased in the 1H11
The positive volume trend of the 1Q11 for Dyckerhoff AG continued. Group sales increased by 21%. Group EBITDA improved by 46%. Depreciation and amortisation increased, and EBIT ...
FLSmidth enters into agreement to acquire Darimec Srl
FLSmidth has signed a share purchase agreement to acquire 100% shareholding in Darimec Srl, an Italian company that designs and manufactures girth gears, pinions and custom-made...
HeidelbergCement expects further advances in spite of higher energy costs
HeidelbergCement’s first half turnover rose by 9.5% to €5996m, but the EBITDA improved by a more modest 4.6% to €904.3m as energy costs rose and the trading profit advance...
USA: Lehigh cement given deadline to fix safety violations
State authorities have issued an ultimatum to the oldest cement manufacturer in California, amid growing concern over safety violations. The Lehigh quarry in Cupertino has 30 da...
Profits increase at HeidelbergCement
Heidelberg Cement reported a 25% YoY increase in second-quarter net profit to €208m on revenues of €3.4bn, 3% higher than the same quarter in 2010.

ARM’s Tanzania cement plants to start up in 2012
Kenya-based cement maker Athi River Mining plans to start production at its two Tanzanian plants early next year, company officials said.
ACC launches new cement brand Concrete+, India
ACC aims to sell 1Mta of its new cement brand `Concrete+’.
Profits increase at HeidelbergCement
Heidelberg Cement reported a 25% YoY increase in second-quarter net profit to €208m on revenues of €3.4bn, 3% higher than the same quarter in 2010.
Cement production in Czech Republic grows by 21% in 1H11
Czech cement production grew by 21% YoY to 1.7Mt in the first half of this year and its consumption rose by 11% to 1.4Mt, according to the latest data of the Czech Cement Produc...
Lafarge says inflation, currencies to impact profit growth
Lafarge current operating profit declined to €702m (US$1bn) from €838m a year earlier, the Paris-based company said in a statement today. Analysts surveyed by Bloomberg had esti...
Markets drift downwards in July’s seasonal lull
A generally downward trend in rates for much of July throughout all sizes with the Bulk Dry Index being particularly affected by rate declines in the larger Capesize units
Eagle Materials: higher costs and lower volume
For its first quarter of the financial year to 31 March, Eagle Materials’ turnover, including its share of the Texas Lehigh cement joint venture, declined by 5.6% to US$14...
HeidelbergCement 2Q turnover EUR3.4bn
HeidelbergCement today confirmed its outlook for 2011, but reported a decline in second quarter operating income, as price increases failed to offset the rise in energy costs in...
Vietnam ministry to raise export duty
The Vietnamese Ministry of Finance has decided to delay the initial plan to raise export duties for steel
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