DBS lowers West China Cement target price
DBS Vickers Research lowered its target price for West China Cement to HK$3.3 from HK$4, and downgraded the stock to "hold" from "buy".
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Fire halts production at South Sulawesi cement factory, Indonesia
A fire at the PT Semen Tonasa IV plant in Bungoro, South Sulawesi, on Monday gutted the plant’s newest mill.
Vietnam Ministry proposes to raise cement export duties
The Tax Policy Department under the Vietnamese Ministry of Finance has proposed to raise export duties
India’s UltraTech Cement May shipments down 3.2%
India’s largest cement producer UltraTech Cement said on Wednesday cement shipments in May were at
Philippine cement manufacturers engage in green initiatives
Local Philippine cement manufacturers investing in efforts to reduce the environmental their environmental footprint including
India’s ACC May cement shipments up 13.7%
India’s No 2 cement producer, ACC Ltd, said on Wednesday shipments in May rose 13.7 per cent from a
Saudi Arabia sees April sales up 16%
Saudi Arabia’s cement sector recorded sales growth of 16 per cent in April, the highest in more than a year.
Binani Cement delisted from Bombay Stock Exchange, India
Binani Industries (BIL) today said its cement making arm Binani Cement has been delisted from the
CNBM plans Indonesian investment
China National Building Material Co Ltd (CNBM) plans to invest US$350m to build a cement factory in the next two years in Indonesia’s main Java island.
BUA Group to begin construction of Okpella plant, Nigeria
The BUA Group is set to embark on the construction of a US$500m cement plant at Okpella community in Edo, Nigeria
BofA Merrill Lynch, Goldman, SunTrust to run Vulcan Materials debt sale
US construction aggregates maker Vulcan Materials said on Tuesday it had hired Goldman Sachs, BofA
Tianrui Group Cement Eyes US$500m IPO
Tianrui Group Cement Co, in which US private equity group Kohlberg Kravis Roberts & Co (KKR) has a minority stake
Ethiopia government looking to buy petcoke
The Ethiopian government is to enter into negotiations with oil producing countries to import petcoke for
ACC plans Udupi plant, India
ACC Ltd plans to set up a 1Mta fly ash-based Portland Pozzolana unit in Udupi district of Karnataka.
Bahrain to step up production of cement
In an effort to ensure domestic demand requirements are met, more than 30,000t of cement will be
Cargotec to establish a global competence centre in Singapore
Cargotec will establish a global competence centre for container terminals development in Singapore
Taiwan Cement launches new plant in Guizhou, China
Taiwan Cement’s new factory in Anshun, in southwestern China’s Guizhou province, was launched on Tuesday.
HeidelbergCement upgraded to ‘Ba1’ by Moody’s
Moody’s Investors Service raised HeidelbergCement’s Corporate Family rating to ‘Ba1’ from ‘Ba2‘ and the senior unsecured long term rating to ‘Ba2’ from ‘Ba3
New Cemex Spain CEO announced
Jaime Ruiz de Haro has been appointed the new CEO of Cemex Spain.
Alexandria Cement posts 34% decline in 1Q11 net profit, Egypt
Egypt’s Alexandria Cement posted a 34 per cent fall in consolidated net profit to E£101.4m (US$17m) for
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