Saudi price rise investigation
The Saudi ministry will question the Kingdom’s factory representatives about why they have raised prices at a time when there is an estimated surplus of 9Mt of cement. Reasons f...
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India: ACC April sales surge, Ambuja down
India’s No. 2 cement producer, ACC Ltd , announced that April shipments rose 14.5% from a year earlier to
Cemex appoints new UK President
Cemex has appointed Jesus Gonzalez as the new UK president with immediate effect
Oman Cement sales and profits fall
Oman Cement Company recorded net income of OMR4.2m in 1Q11 as compared to OMR7.1m in the previous year. Decline in net income was resulted because of drop in the selling price &...
Saint Gobain starts year well
Saint Gobain’s first quarter volumes were ahead by 7.6%, having fallen by 1.7% in the same period last year, while prices improved by an average 2.0%.
Orient’s Cement Division performing well
Indian conglomerate Orient Paper &Industries saw net profits climb toRs 775 million (+41% yoy) led by higher cement prices & other income. Revenues at Rs 6.96 billion (+27%), Ce...
Raysut Cement shipping unit launches operations
Raysut Cement’s shipping subsidiary, Raysea Navigation, has commenced commercial operations, Mohammed bin Alawi Ali Muqaibal, Chairman of the Board of Directors of the parent gr...
Thai cement stocks set for gains?
Thai stocks may see some short-term gains as investors selectively buy shares during the reporting season but quick profit-taking could limit any strong rise, analysts said.
Texas Industries: new appointments
Texas Industries Inc said it appointed Jamie Rogers as Vice President and Chief Operating Officer and he would report to Mel Brekhus, President and Chief Executive Officer.
Jammu & Kashmir Cement to open plant in Samba
The Jammu and Kashmir Government is setting up a cement plant with a capacity of 300tpd in Samba district of the state.
Cementos Argos reports strong first-quarter sales
Colombian-based producer Cementos Argos has posted strong first quarter 2011 results, registering
Titan shows signs of recovery in US market
Titan Cement administration expects the confirmation of an assessment made by the US Portland Cement Association (PCA) for a sluggish recovery in the
Zambezi Portland Cement’s profit share initiative, Zambia
Management of Zambezi Portland Cement (ZPC) in Zambia have agreed to share the benefits of increased production with its employees by giving them a total of
Asia Cement net profit surges
Asia Cement announced that net profit surged 274% YoY to CNY253m (US$40m) revenue rose 74% to CNY1.65bn.
Dangote Group may list consolidated arm in November
Should the bid to consolidate its cement production subsidiaries continue as planned, Dangote Group will list the emergent company (Dangote Cement Plc) on the Nigerian Stock Exc...
Holcim and council settle, New Zealand
Holcim (New Zealand) Ltd and the Waitaki District Council have reached an agreement over changes
Goldman keeps ACC at Sell
Goldman Sachs keeps ACC at Sell with a price target of INR934 as it believes that the company’s operating profit level per ton has peaked.
Holcim Indonesia joins local sustainable development group
Six Indonesian and multinational companies vowed on Wednesday to strengthen their commitment to reduce carbon emissions and
Pakistan to seek easier cement export route
Pakistan is likely to seek the removal of non-tariff barriers on its cement in India at the two-day trade meeting that started in Islamabad today.
Romania projects boost Holcim’s participation in "Sustainable Energy Europe"
Holcim Romania, which should finalise EUR12m worth of investments in its Romanian factories in Alesd and Campulung cement plants,
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