Cemex plans major share issue
Cemex said on Friday it would propose issuing up to 6 billion new shares to raise funds to pay its hefty debt, more than investors expected, prompting a slide in its stock price.
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Binani Cement posts 3Q loss on higher costs
India’s Binani Cement Ltd Friday swung to a net loss for its fiscal third quarter, hurt by higher raw-material and energy costs.
Japan’s Cement demand hits 43-year low
Cement demand in Japan is estimated to have hit a 43-year low in 2010 because of a cutback on public works spending and a slump in private demand
CR Cement buys Fujian cement plant
China Resources Cement said its wholly-owned subsidiary China Resources Cement (Longyan Yanshi)
Morgan Stanley cuts Lafarge rating to "equal-weight"
Morgan Stanley has downgraded its rating on Lafarge to "equal-weight" from "overweight", although it raised its share price target to EUR 53 from EUR 50.40.
Nigeria targets 17Mt output
The Cement Manufacturers Association of Nigeria (CMAN) says estimated supply of 17Mt of local production of cement is achievable in 2011.
Vietnam exports forecast to rise by 500,00t
Vietnam will export 1.5Mt of cement this year, an increase of 500,000t over last year, according to the Vietnam Cement Association.
East Africa competition intensifies
Competition in the Kenyan cement sector is intensifying as the latest capacity additions come on-stream, resulting in a more pressurised pricing environment as new entrants seek...
Pakistan export of cement to Afghanistan suffers


All Pakistan Cement Manufacturers’ Association (APCMA) said today that exports of cement to its land-locked neighbour Afghanistan are likely to suffer due to an in...
Thai Siam Cement to sell THB15bn bonds in March
Thailand’s top industrial conglomerate Siam Cement Pcl said on Wednesday it planned to sell up to THB15bn (US$484.8m) of four-year bonds
Gresik eyes US$444m profit, Indonesia
Indonesian state cement maker PT Semen Gresik targeting profits of IDR4 trillion (US$444m) this year, which would be a 10-15 per cent increase
Chaodong expects eight-fold rise in 2010 profit, China
Anhui Chaodong Cement predicts its net profit for fiscal year 2010 jumped eight-fold, according to a company filing
Colombian November sales rise
Last November, almost 800,000t of cement were sold in Colombia, amounting to an increase of 11.5 per cent over the same month of 2009
MI Cement receives financing for expansion, Bangladesh
MI Cement Factory Limited (MICFL), said today that it has received an overwhelming response for its Initial Public Offering (IPO)
Novacem raises UK£1.6m in follow-on funding
Specialist investor, the London Technology Fund (LTF), has made a follow-on investment into carbon negative cement company Novacem.
Taiwan may impose anti-dumping duty on China
Taiwan may impose an anti-dumping duty on cement products from China in the coming months if the government can confirm a negative impact on the local cement industry
Taiwan may impose anti-duty dumping on cement
Taiwan may impose an anti-dumping duty on cement products from China in the coming months if the government can confirm a negative impact on the local cement industry
Demerged Dalmia Bharat makes listing debut, India
Dalmia Bharat Enterprises Ltd (DBEL), the demerged cement and power business of Dalmia Bharat Sugar & Industries (formerly Dalmia Cement Bharat) swung between
New Kenyan firms ride on low prices to grow sales
Cheaper pricing has won newly set up cement manufacturers about 14 per cent market share from their rivals, signalling a deepening shift in the industry
Chaodong expects eight-fold rise in 2010 profit
Anhui Chaodong Cement predicts its net profit for fiscal year 2010 jumped eight-fold, according to a company filing
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