Binani recommends 25% dividend
Binani Cement Ltd at its meeting of the board of directors held on April 22 has recommended dividend of 25%
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Gebr Pfeiffer to supply VRMs to Iraq, Saudi Arabia and Syria
In January 2011, Sinoma (Suzhou) Construction Co. Ltd. acting as General Contractor placed a repeat order for an MPS 5000 B vertical roller mill for
US cement shipments up 7.4% in February
Preliminary estimates released by the US Geological Survey indicate that US cement shipments in February 2011 reached 3.648Mt...
Dyckerhoff plans new Russian plant
Dyckerhoff, part of the Buzzi Unicem Group, plans to build a EUR450m cement plant at Akbulak...
Lafarge puts gypsum division up for sale
Lafarge Group has launched the sale of its gypsum business...
Indian cement sector falters
The Indian cement industry has hit its lowest growth in over a decade, as the Cement Manufacturers’ Association releases statistics revealing a 4.82% growth...
Industry honours leaders in environmental improvement
Six cement plants received special recognition for their commitment to improving the environment...
Industry urges EPA to reconsider air toxics rule
Cement industry officials in the US are urging the Environmental Protection Agency (EPA) to reconsider its air toxics rule for the sector...
Goldman Sachs raises ratings for majors, recovery more certain
Goldman Sachs has raised Holcim (HOLN.VX) target to CHF81.70 from CHF72.40 on the assumption that global construction output has probably bottomed out...
JPMorgan Cazenove launches coverage, positive on sector
JPMorgan Cazenove has initiated coverage of stocks in the European building material sector, rating CRH (CRH), Holcim (HOLN.VX) and Saint-Gobain (SGO.FR) as...
Lipetskcement reports first quarter production rise
In the first quarter of 2011, Eurocement subsidiary, Lipetskcement, boosted cement output by...
HeidelbergCement Ukraine appoints Elito to board
The shareholders of HeidelbergCement Ukraine (Dnipropetrovsk region), one of the largest producers of cement in Ukraine, removed William Gilmar...
Calcestuzzi to be re-consolidated
With a ruling dated April 20, 2011, the court of Caltanissetta revoked in full the preventive seizure on Calcestruzzi S.p.A., and ordered the return
WBCSD releases guide to ecosystem valuation
The World Business Council for Sustainable Development (WBCSD) has published a ‘Guide to Corporate Ecosystems Valuation’...
Ultratech to add 9.5Mta capacity in Madhya Pradesh
Leading Indian cement producer, Ultratech Cement Ltd, will set up three cement plants with...
Pakistan cement exports show growth
Pakistan exported 1.573Mt of cement and earned US$43m in March 2011 compared to...
Indian cement sales growth falls to long-term low
Cement production in India reached 16.79Mt in March, up 5.1% YoY. Cement despatches reached
Ghana: Ghacem to increase production to 3.4Mta
Ghana Cement (Ghacem) has announced plans to inject US$26m into its core operations to meet the growing demand of cement in the country.
Peru’s Cementos Lima 1Q2011 net income soars
Peru’s biggest cement producer, Cementos Lima SA, posted 1Q2011 net income of PEN70.58m (US$25.21m), compared with PEN55.44m (US$19.6m) in the same quarter in the previous year.
Putting the cement industry in the calcium loop
Chemistry World reports that UK scientists have shown that two major industrial processes that generate large amounts of carbon dioxide could usefully be linked together to deli...
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