China Resources Cement to boost capacity 33% in 2011
China Resources Cement Holdings Ltd said Monday its plans to expand its production capacity by around one third in 2011 in anticipation of higher selling prices and rising demand.
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Credit Suisse cuts Lafarge’s share target to EUR 42
Credit Suisse reiterated its "neutral" rating on Lafarge, cutting its share price target to EUR 42 from EUR 48.
QNCC setting up new mill to boost output, Qatar
Qatar National Cement Company (QNCC) is installing another mill with a capacity of 230tph.
Production disrupted at Sinai Cement, Egypt
Members of the nomadic Bedouin tribe, have forced their way into Sinai Cement Co’s plant in northern Sinai and shut down production
Lafarge halts burning of waste fuel, Slovenia
LafargeCement said on Wednesday it will respect a decision by the Administrative Court revoking the company’s environmental permi
Argentina sales rise 15.6% YoY
According to provisional data from the Association of Portland Cement Manufacturers (AFCP), domestic shipments totaled 819,655t in February 2011
New supply contract for Holcim Bangladesh
Holcim Bangladesh Ltd, Orion Group and Sublime Resources have recently signed a joint agreement for a flyover project.
Portland Limestone Cement approved – Canada
Portland-limestone cement (PLC), a new type of cement that reduces CO2 emissions by 10 per cent when compared to regular cement,
Holcim Romania to invest EUR 35m in environmental projects
Holcim Romania has announced that it will invest EUR 35m in 2011, 75 per cent over the 2010 value of its investments,
Angolan government to set quotas for cement imports
Cement imports in Angola will have legally set limits the secretary of state for Industry, Kiala Gabriel said
NSSF to sell stake in Bamburi, Kenya
Kenya’s National Social Security Fund (NSSF) is set to dispose of its 14 per cent stake in leading domestic cement maker Bamburi because of a dim outlook for the stock
Pakistan February sales down 9%
Domestic Pakistan cement sales were 1.78Mt in February, registering a decline of 9.32 per cent while exports were 0.71Mt
Cementir suffers from the poor Italian market
Cementir Holding, the Italian cement group that controls Aalborg Portland in Denmark and Cimentas Izimir Cimento Fabrikasi in Turkey
Cemex to offer US$1.2bn in convertible notes
Cemex said Tuesday that it plans to offer US$1.2bn in convertible notes and use the money to pay down debt.
China cement makers surge on social housing plan
Shares in Chinese cement makers surged to all-time highs in Hong Kong on Wednesday, extending gains for a third consecutive session as investors flooded the sector following
Pakistan prices to remain firm in second-half
Cement prices in Pakistan continued to remain firm throughout the first half due to price consensus amongst local cement manufacturers.
Sagar & Amareswari Cements merger, India
Sagar Cement’s Scheme of Arrangement for the proposed merger of Amareswari Cements has been by the equity shareholders and
Mbeya’s new and improved packaging, Tanzania
The manufacturers and distributors of Tembo Cement, Mbeya Cement Company limited (MCC), has changed the look of its cement bags by
Italcementi looks for improved overseas volumes in 2011
Italcementi’s turnover declined by 4.3% to €4790.9m in 2010, the underlying EBITDA fell by 13.9% to €836.3m and the trading profit dropped 20.1% to €353.8m.
China Cement Association Predicts 12% growth in 2011
With the world’s second largest and fastest growing economy, China’s construction and development is expected to continue to skyrocket this year. Reports from the China Ce...
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