PPC scales back following local downturn
Pretoria Portland Cement (PPC) has clamped down on overhead costs – other than advertising and strategic projects – because of the severe downturn in the industry.
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FLSmidth starts construction of new China manufacturing plant
FLSmidth’s business unit in Qingdao, China, has celebrated the start-up of construction for FLSmidth’s new production facility situated some 30km from the existing f...
Lafarge Morocco 2H profit drops as revenue falls
Lafarge Ciments, the Moroccan affiliate of Lafarge, posted a 17.6 per cent drop in second-half profit after underperforming rivals in sales amid a slowdown in demand it expects ...
Arabian Cement Co net rises 48%, Saudi Arabia
Arabian Cement Company said net profits last year rose by almost half against 2009 despite a fall in gross profits
GCNet rejects link to substandard cement, Ghana
Managers of the electronic clearance platform at the Tema port in Ghana, GCNet have rejected suggestions that they may have allowed the importation of substandard cement into th...
India cement prices to increase in western region
Cement companies in the Western part of India are reportedly said to hike the prices by INR7-10/50kg bag due to an increase in demand.
EAPC to convert yen loans, Kenya
East African Portland Cement Co. plans to convert its yen-denominated loans into other currencies,
FLSmidth to use Intergraph® SmartPlant® Enterprise Solutions
FLSmidth has selected Intergraph® SmartPlant® Enterprise to design cement and mineral processing facilities, in order to improve processes control and increase efficiency.
Arlington, Dallas to consider ending green-cement policies, USA
Arlington and Dallas will consider resolutions this week to end green-cement policies giving preference to manufacturers with the lowest emissions rate
Proposed increase of Federal Excise Duty on Pakistan cement
According to Karachi-based analysts, InvestCap Research, Pakistan’s Federal Bureau of Revenue (FBR) is proposing to increase Federal Excise Duty (FED) on the cement industry by ...
Pakistan exports decline
In the first seven months of the current fiscal (July 2010-January 2011) Pakistan exported 4.74Mt of cement and earned US$244.53m compared to 5.98Mt at US$289.27m between July-J...
Brazil’s January sales up 9.1%
January 2011 sales in Brazil reached 4.7Mt, an increase of 9.1 per cent on the same month last year
Votorantim & Camargo Correa purchase of Cimpor given green light – with restrictions
Brazil’s antitrust authority Seae said Monday it approved Brazilian cement producers Votorantim Cimentos SA and Camargo Correa SA’s purchase of 53% of the total stock in Portugu...
JK Cement reports 96% drop in profits, India
JK Cement reported a marked drop in standalone net profit for the quarter ended December 2010.
Malaysia Tasek Corp profit rises
Tasek Corp Bhd’s pre-tax profit for the fourth quarter ended Dec 31, 2010 rose to RM72.765m compared with RM20.943m
India to add 23Mt of fresh capacity next fiscal
The Indian cement industry, already experiencing an oversupply situation, is expected to add 23.3Mt of capacity in 2011-12
Handelsbanken raises target on FLSmidth
Handelsbanken Capital Markets has hiked its share price target on Danish cement and mineral systems provider FLSmidth
Shanshui Cement to raise capacity to 80Mt
China Shanshui Cement Group Ltd, a Hong Kong-based cement producer, plans to boost its cement capacity to 80Mt of cement
India cement industry seeks tax rebate
The Indian cement industry has sought reduction of taxes, including value- added tax ( VAT), and liberal export sops in the upcoming budget.
Philippine group request probe on China imports
A non-government organisation advocating product safety for consumer welfare Monday urged the Department of Trade and Industry (DTI)
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