Dangote to invest US$100m in Cameroon: report
Nigerian cement manufacturer Dangote plans to invest US$100m to build a cement factory in Cameroon,
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Holcim Vietnam to build waste heat-to-power plant in South
Holcim Cement Co, Ltd Vietnam will build a waste heat-to-power plant in the Mekong Delta province of Kien Giang.
Anhui Conch expects 50% rise in 2010 net profit
Anhui Conch Cement Co, China’s largest cement maker by output, said Monday it expects its 2010 net profit to rise at least 50% from a year earlie
Vietnam But Son Cement opens new line
But Son Cement Joint Stock Company (BTS) operated a new cement production line with a design capacity of 1.6Mta
Jefferies Downgrades Texas Industries (TXI) to Hold
Jefferies downgraded shares of Texas Industries to a Hold rating as they closed inline with the firms US$43 price target on last Friday.
Vietnam CFC Pretax Profit Surges 50% in 2010
Cement Finance Joint Stock Company (CFC), an affiliate of Vietnam Cement Corporation, said it made a pretax profit of VND108.5bn (US$5.56m) in 2010
Saudi Tabuk Cement names al-Shatri board chairman
The management board of Saudi cement producer Tabuk Cement Company (TCC) appointed at a meeting on Sunday Khaled bin Saleh al-Shatri board chairman.
Cemex: "constructive progress" in nationalisation talks
Cemex is hoping to reach an agreement with the Venezuelan government regarding the nationalisation of its local subsidiary Cemex Caracas in the near future.
Saudi Arabia’s December Cement output rises 16%
Saudi Arabia’s cement production rose an annual 16 per cent in December and exports increased
’No obligation to give limestone to Lafarge unit’
India has no international obligation to supply limestone to Bangladesh from a mining project indirectly promoted by French-Spanish joint venture Lafarge Surma
Fancesa under pressure to meet demand, Bolivia
Local Bolivian cement producer Fancesa has increased production at its Sucre factory from 350tpd to 600tpd to meet growing demand
Indonesia Semen Baturaja to sell 30 per cent stake via IPO-official
PT Semen Baturaja, an Indonesian state-owned cement maker, plans to sell a stake of about 30 per cent via initial public offering
Uganda: cement price expected to drop with new plant
Cement prices are expected to drop following the commissioning of a new plant by Hima Cement. The factory in Kasese District is expected to boost the construction industry
Saudi Arabia: Yamama Cement profits rises 10 per cent
Yamama Cement posted a 10 per cent increase in its fourth quarter net profits, the company said in a bourse statement on Saturday.
Vietnam: hard times fall on local cement manufacturers
Domestic cement producers are set for an uncertain future, with supply expected to exceed demand in the coming years, according to Nguyen Nhu Khue
Saudi Arabia awards US$149m construction contracts
Saudi Arabia, the largest Arab economy, awarded contracts worth more than SAR559m (US$149m)
Saudi Arabia’s over-supply challenge
With cement capacity increases in Saudi Arabia keeping cement prices down, domestic producers have made fresh calls
Titan Cement secures EUR585m syndicated credit facility
Greece’s Titan Cement said Friday it has secured a EUR585m syndicated multi-currency forward start revolving credit facility.
Qilianshan Cement to purchase cement assets
Gansu Qilianshan Cement plans to purchase a 26 per cent stake in Gansu Zhangye Julong Building Materials for CNY60m (US$9m)
Vietnam cement: uncertain times ahead
Vietnam cement producers are set for an uncertain future, with supply expected to exceed demand in the coming years,
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