Indian cement prices up by INR10
Cement prices have risen by INR10/50 kg bag across India due to higher excise duty and increase in prices of raw materials
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Indo Zinc rights issue of shares, India
Indo Zinc Ltd plans to raise close to INR2.9bn rupees through a rights issue of equity shares and optionally convertible redeemable preference shares
Lafarge Cement tyre burning plan met with protests
Plans to burn used tyres and plastics for energy at a South Wales industrial plant have sparked concerns among residents and environmentalists.
Belarus to increase production
According to Vice Prime Minister Anatoly Kalinin, the development of Belarus’ construction industry is hampered by a shortfall of 2Mta of cement.
Hetuda Cement suspends operations, Nepal
Hetauda Cement Factory has stopped its production works from Wednesday after the bricks installed
Holcim Apasco awarded for social responsibility, Mexico
Holcim has become the first Mexican cement company for 11 consecutive years to receive recognition as a socially responsible company
RINL asked to explore cement plant options in Visakhapatnam, India
Union Minister of State for Steel (Independent Charge) Beni Prasad Verma, who reviewed the quarterly performance of Rashtriya Ispat Nigam Limited (RINL)
Support for earthquake victims and disaster area, Japan
Taiheiyo Cement has expressed its sincere appreciation for the number of messages of condolence and support and for the donations of emergency provisions
Cemex sells bond, covers debt until 2013
Cemex sold US$800m in four-year bonds on Tuesday, its third bond issue this year, and said it now
Dominican Republic exports 25% of annual production
Dominican Republic’s cement makers grouped in ADOCEM presented its annual report for 2010 on Monday, which reveals that it exports around 25%
Ex-Tororo Cement workers petition for redundancy packages
Up to 750 former workers of Tororo Cement in Uganda have petitioned President Yoweri Museveni for unpaid termination packages
Pakistan producers urge PM to sell cement to India
Pakistan cement manufacturers have urged Prime Minister Yousuf Raza Gilani to use the opportunity
Mediobanca lifts price target on Italcementi
Experts at Mediobanca have raised the share price target on Italian cement producer Italcementi to
Cemex to supply largest hydropower project in Central America
Cemex announced today that it has been named the primary cement supplier for the first phase of Reventazón hydroelectric plant project in Costa Rica
Nova Cimangola opens new cement mill, Angola
A new cement mill, with the capacity to produce 1.8Mta of cement, against the current 1.2Mt, was inaugurated Monday in Nova Cimangola, in Luanda.
Gresik withdraws US$73.5m loan, Indonesia
Indonesian cement company PT Semen Gresik has withdrawn IDR660bn (US$73.5m) from a syndicated loan of IDR3.55trn loan to finance
Romania’s 2010 cement production drops 11%
Cement production in Romania fell by 11% last year to 6.92Mt, according to the Romanian association of cement producers, Cimrom,
Readymix shares down 10 per cent as takeover talks end, Ireland
Shares in Readymix dropped 10 per cent yesterday after the cement maker confirmed that all talks with potential buyers have ended.
Anhui Conch Cement 2010 net profit CNY6.16bn
Anhui Conch Cement Co, China’s largest cement maker by output, said Monday its net profit rose 76% last year due to higher product prices and volume.
Ukraine: Yug and Volyn transition from gas to coal
Most cement plants in Ukraine use natural gas to fuel the clinker burning process, but this energy source is no longer economically viable due to the downturn of the country’s c...
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