Cement industry news

29 Jul 2011 International

Taiwan cement sector 2H outlook promising

Taiwan cement sector is expected to deliver a strong 2Q results and its 2H outlook remains "healthy" on strong China profit, says Credit Suisse.

29 Jul 2011 Corporate

Semen Gresik profit rises 16%, Indonesia

PT Semen Gresik Thursday reported its first-half net profit rose about 16% to

29 Jul 2011 Corporate

Digvijay Cement CEO resigns, India

Shree Digvijay Cement Company Ltd has said that the Board of Director, in their meeting held on July 28,

29 Jul 2011 Environmental

Siam City Cement targets increased greener products, Thailand

Siam City Cement targets green products contributing 40 per cent of revenue by 2014.

28 Jul 2011 International

Groundbreaking ceremony for new Dangote plant, Zambia

Zambian President Rupiah Banda today attended a ground-breaking ceremony for the US$400m Dangote

28 Jul 2011 Corporate

Indonesia’s Indocement 2Q net profit rises 0.7%

Indocement Tunggal Prakasa , Indonesia’s biggest cement maker by market value, said on Thursday that its

28 Jul 2011 International

Export ban has little effect on Saudi cement firms

A ban on cement exports in from Saudi Arabia three years ago seems to be having a limited effect on

28 Jul 2011 Corporate

LSR Group places bonds worth RUB2bn

LSR Group announces the results of the Series BO-05 bond placement worth RUB2bn (US$72.4m).

28 Jul 2011 Corporate

Lafarge 2Q11 net profit falls 12%

Lafarge said second-quarter net profit fell 12 per cent as weak US demand and higher raw material costs impacted results.

28 Jul 2011 Corporate

Orient Paper to spin-off cement business, India

Kolkata-based Orient Paper and Industries Ltd. said it will separate its cement business and turn it into a new entity called Orient Cement Ltd

28 Jul 2011 Corporate

Cemex is worst junk in US market on losses

Bonds sold by Cemex are posting the biggest losses among major issuers of junk debt in the US after the company posted its seventh straight quarterly loss, Bloomberg reports.

28 Jul 2011 Corporate

Fujian Cement sees 1H net profit hit CNY 91.75m

Fujian Cement Inc saw its sales revenue hit CNY872m (US$135m) in the first half of 2011, sources

28 Jul 2011 Corporate

Ambuja Cement reports 11% fall in second-quarter results

Ambuja Cement has reported a fall of 11% in its second quarter CY11 net profit. During the period, net

28 Jul 2011 Corporate

Cementos Portland first-half loss at EUR5.1m

Spanish cement producer Cementos Portland Valderrivas closed the first six months of 2011 with a loss of

28 Jul 2011 International

Phase one of Guam terminal set for year-end completion

For Perez Brothers Inc., one of Guam’s two suppliers of ready-mix concrete and concrete block, the

28 Jul 2011 International

Oman Cement considers raising grinding capacity

Oman Cement is weighing up moves to boost its cement grinding capacity to keep pace with escalating demand.

28 Jul 2011 International

PPC blames cement shortage on flyash deliveries, Botswana

For the past month, there has been rumbling in the construction industry as to whether there is shortage o

28 Jul 2011 Corporate

Qilianshan Cement 1H earnings up 0.5%, China

Gansu Qilianshan Cement Group posted a 0.5 per cent YoY increase in net profits during the first half of

28 Jul 2011 Corporate

Birla Corp posts lower Q1 net profit, India

Birla Corp reported a lower net profit of INR111.88 crore in the first-quarter (1Q) ended June

27 Jul 2011 Corporate

JK Laskhmi first quarter turnover rises, India

JK Lakshmi Cement Ltd has reported a turnover of INR4.41bn in the first quarter of the financial year