Ancap to increase production by 50%, Uruguay
Uruguay’s state oil company Ancap will invest US$70m during 2011 to reach cement production of 1Mta
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Saudi Cement sales rise 13%
Cement sales in Saudi Arabia rose 13% last year, as the emergence of residential, commercial and
Credit Suisse hikes Swiss Holcim’s price target
Credit Suisse increased today the share price target on Holcim to CHF 64 (EUR49.9) from CHF58 but did not change the "underperform" rating.
Binani to set up Greenfield plant in Gujarat
Binani Cement Limited has signed a memorandum of understanding (MoU) with Gujarat State Government to set up a greenfield cement plant,
Vietnam demand forecast to rise to 56Mt
Vietnam is forecast to use 56Mt of cement in 2011, up nine per cent from a year earlier.
Lafarge India outlines plans for new plant
Lafarge India Eastern, which is a wholly owned arm of Lafarge India, has chalked out an ambitious plan to set up a 1.1Mta integrated cement plant at Nongkhleih
JP Morgan upgrades Anhui Conch
JPMorgan upgrades Anhui Conch of China to Overweight from Neutral after the company issued a profit alert earlier this week
Pollution Control Board reverses ACC decision
ACC has resumed production on Tuesday at its old plant, which had been closed down recently following directives from the Maharashtra Pollution Control Board
Jamaica: imported cement could be capped at 20%
Importers of cement to Jamaica could be hit with a 15-20 per cent quota on imports this year if the Ministry of Commerce decides there is an imminent threat to the local cement ...
Hima Cement more than doubles output, Uganda
Lafarge Cement’s Ugandan unit has more than doubled its output after it completed expansion at its Hima cement plant
Cimpor sees growth in India, emerging markets
Portuguese cement major Cimpor says it is looking for more investment opportunities in India, where it already has a factory, and is optimistic for 2011
Eastern Province fourth-quarter up 66%, Saudi Arabia
Saudi Arabia’s Eastern Province Cement said Monday its fourth-quarter net profit soared 66 per cent to SAR83m (US$22.1m)
Gresik to raise output, proceed with Sumatra plant
Indonesia’s PT Semen Gresik plans to build another plant next year which is expected to be located in Sumatra.
South Africa December sales fall
Cement sales in South Africa were down 5.2 per cent YoY in December 2010 to 746,514t from 787,719t in December 2009
India: rural demand revives December sales
Cement sales seem to have revived across various Indian regions in December after a lull in the preceding two months
West China Cement mulls guaranteed senior notes issue
West China Cement said it proposes to conduct an international offering of guaranteed senior notes and will commence a
New order for TurboSonic Technologies, Inc, South America
TurboSonic Technologies, Inc, a global provider of clean air technologies, today announced that it has been awarded a US$1.2m contract for design and supply
Turkey’s Oyak Cement on the acquisition trail
Oyak Cement Group, which controls five publicly traded cement companies in Turkey, is looking into opportunities to buy cement plants in nearby countries
Shiva Cement Oct-Dec dispatch rises 10.95%
Shiva Cement announced that cement and clinker dispatches during December 2010 were up by 1.9 per cent
HeidelbergCement: plans measures to improve cash flow
HeidelbergCement announced the launch of its new three-year financial and operational excellence programme: “FOX 2013”.
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