Peru: Cemex and Comacsa battle over white cement dumping
White cement is the centre of a battle in Peru between Mexican giant Cemex and Peru´s own Comacsa.
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Saudi ministry to probe cement price hikes
Saudi Arabia’s Ministry of Commerce and Industry will begin an investigation into the recent rise in cement prices across the Kingdom
Government and Bamburi cement sign land deal, Kenya
The Kenyan government has signed a lease with Bamburi Cement Company in which the company will
Cemex sales increase highlights market improvement
Cemex has reported mixed first quarter results. Sales beat expectations but the net income amounted to a
HeidelbergCement India net profit falls 35%
HeidelbergCement India has announced the financial results for the quarter ended March 31, 2011. The
CRH selects ABB’s Expert Optimizer for Ozarow
Power and automation technology group, ABB, announced that CRH plc recently selected ABB’s award
HeidelbergCement India appoints non executive director
HeidelbergCement India has appointed Daniel R. Fritz as a Non Executive Director.
Misr Beni Suef line 2 power connected
Misr Beni Suef Cement Company announced that it has obtained the full electricity power needed for the
Indonesia: Nomura bullish on cement
Nomura has initiated its coverage of the Indonesian cement sector with Buy ratings on Semen Gresik and
Semen Gresik 1Q11 profits rise 9% YoY
Indonesian cement producer Semen Gresik said its first quarter net profit rose 9% to IDR884bn ($103m)
Shiva Cement inks new plant agreement
The Orissa government has signed an Memorandum of Understanding with Shiva Cement Limited for the
Lafarge patents composition for trapping CO2
Lafarge has filed a patent, entitled “Composition for trapping CO2”, for a hydraulic binder which it claims
Ahangarancement sales rise in 1Q11
Eurocement subsidiary, Ahangarancement OJSC (Uzbekistan), recorded a net income of UZS15.186bn in
Lafarge Ravena fly ash ban reviewed
The proposal to ban Lafarge’s use of mercury-tainted coal fly ash at the Ravena cement plant will be
Holcim increases stake in Ambuja; delisting possible
Holcim Ltd (Switzerland) has increased its stake in Ambuja Cements to 50.0% by buying
US to review Japan cement dumping order
The US International Trade Commission instituted a review on 25 April 2011 to determine whether to
Indocement reports strong first quarter profit
PT Indocement Tunggal Prakarsa said its first-quarter net profit rose to IDR868bn (US$101 million) from
Cement majors benefit from milder European winter
Q1 results have benefitted from the milder weather in Europe, particularly in Central and Eastern Europe. Conversely, margins have been under downward pressure, due to higher en...
Abu Dhabi market prices decline
An official annual report from the Abu Dhabi government analyses price movements of the most sought-after construction industry materials, including commodities and services. It...
Al-Rajhi Cement issues local debt finance
The issuance by Al-Rajhi Cement Jordan of its debut Sukuk (a local denominated bond) in late April 2011 opens up yet another new market for sukuk origination in the Middle East ...
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