UAE cement producers hike prices
Cement manufacturers in the UAE raised their rates as much as 15 per cent yesterday, drawing complaints from the struggling construction industry with contractors saying they ca...
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Eagle’s cement prices continue to drift
Including its share of the jointly-owned Texas Lehigh Cement, the turnover of Eagle Materials for the first nine months of the trading year to the 31st of December, edged up by ...
ACC output rises 10%
Indian cement major ACC has reported a modest rise in its cement production and dispatches in January.
Sri Lanka cement firm rated ’A’ by RAM Ratings
Sri Lanka’s Tokyo Cement Company (Lanka) Ltd has been rated ’A’ by Ram Ratings on its strong market position and balance sheet a
Exane, Jefferies lift share price targets on Buzzi Unicem
Exane and Jefferies revised up their share price targets on Italian cement producer Buzzi Unicem.
Cement Companies raise prices by INR5/bag in West India
India’s cement companies have raised prices by INR5 for each 50kg bag in the western part of the country,
Cimpor cuts output in Egypt
Portuguese cement maker Cimpor has reduced production at its factories near Alexandria, Egypt, and temporarily withdrawn most of its expatriate employees for security reasons
Italcementi Temporarily Halts Egypt Production
Italcementi has decided to temporarily halt its production in Egypt for safety reasons following the civil unrest in the country
BBMG to Issue A-shares, Acquiring Taihang Cement
BBMG Corporation on January 28, 2011 won the approval from the China Securities Regulatory Commission on an initial public offering (IPO)
Southern Province Cement to boost power generation
Saudi cement producer Southern Province Cement (SPC), said yesterday in a bourse statement it had
Japanese producers’ FY10 Op profits likely to top forecasts
Japanese cement producers Taiheiyo Cement Corp and Sumitomo Osaka Cement Co are both on track to beat their consolidated operating profit projections
Romania probes carbon credits theft from Holcim
Romanian prosecutors said Monday they had launched an investigation after the theft of 1.6 million carbon credits from the local branch of Holcim.
PPC quarterly sales down five per cent
Pretoria Portland Cement Co, South Africa’s largest cement producer, slumped to a four-month low after the company said its cement sales in the country in the quarter through De...
Turmoil in Egypt impacts cement industry??
The Egyptian cement industry is likely to be affected by the ongoing political turmoil which has seen government protesters taking to the streets across the country
Cemex UK achieves 52% alternative fuel usage – targets 100%
Cemex UK has announced that it replaced more than 52% of the traditional fossil fuels used to heat its cement kilns with alternative fuels during 2010, up from 45% in 2009
Lucky Cement posts 9% fall in second-quarter profit
Lucky Cement Ltd, Pakistan’s biggest producer of the building material, said second-quarter profit fell nine per cent after transport costs rose and exports to Gulf nations decl...
Steppe revenue up 23%, Kazakhstan
Steppe Cement Ltd said it recorded revenue for the year ended 31 December 2010 of KZT10,740m or 23% higher than KZT8,737m last year.
Tororo Cement expands, Uganda
Tororo Cement Industry, a local manufacturer of cement will complete the expansion of its production facility worth Ushs100b ($50m) by June 2011.
Loma Negra appoints Argentinean executive
Loma Negra, the cement company from Camargo Correa, has appointed as CEO the Argentinean executive Oswaldo Schutz, that prior performance as commercial manager of the company
Attock Cement profit declines
The profit after tax of Attock Cement Pakistan Limited (ACPL) has declined to PKR235.101m in the half-year period ended December 31, 2010
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