Shuangma Cement 2010 net profit forecast
Sichuan Shuangma Cement adjusted its 2010 net profit estimate, forecasting that 2010 net profit will drop by between 82.4 and 84.3 per cent YoY
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Cemex sells US$1bn in seven-year bonds
Cemex sold US$1bn in seven-year bonds at a yield of 9.125 per cent on Tuesday, IFR said, to help pay 2012 debt and avoid a repayment bottleneck.
USA October shipments up 14% YoY
Total shipments of Portland and blended cement in the United States and Puerto Rico for October 2010 were 7Mt.
Move to raise cement prices in Bahrain rejected
Moves to increase the price of cement by up to 30 per cent in Bahrain have been rejected.
CRH second-half development update
CRH announces second-half 2010 development initiatives of €0.37bn bringing total 2010 acquisition and investment spend to €0.54bn.
Pakistan December data – APCMA

According to monthly analysis by the All Pakistan cement Manufacturers Association (APCMA), the country’s 29 cement manufacturers and exporters made total dispatches of 2...
Vietnam Cement sales at 50.21Mt in 2010
Vietnam’s cement sales stood at 50.21Mt in 2010, fulfilling 100% of the sector’s whole-year target.
Oman’s Raysut Cement completes Pioneer acquisition, UAE
Oman’s Raysut Cement Company has acquired the United Arab Emirates’ (UAE) Pioneer Cement for US$172m
Credit Suisse: 2011 better for China materials
Credit Suisse expects 2011 to be an "incrementally better year" than 2010 for China basic material sector, driven by the typical year 1 (of 5-year plan) demand acceleration,
India: cement industry likely to regain positive growth
Positive sales growth of ACC, Ambuja coupled with UltraTech’s flat growth is likely to bring the industry back in positive territory in December.
Titan America air permit application can proceed
Titan America’s proposed cement plant in Castle Hayne, North Carolina has regained some momentum after a state Superior Court judge lifted an injunction freezing the compa...
Cemex says it made US$100m debt prepayment
Cemex said Tuesday that it made a US$100m voluntary prepayment on refinanced debt last month, reducing the amount it has to amortisze in June 2012.
Philippines 2010 demand slows
Philippine cement sales in 2010 likely grew at a slower pace from 2009 which saw increased construction activity to repair the damage caused by Tropical Storm Ondoy and Typhoon ...
Pakistan cement exports fall ?
Pakistan exported 448,833t of cement and earned US$31.481m in November 2010 compared to 796,637t at US$45.310m in October 2010. This reflects a negative growth of 43.66 and 30.5...
Brazil 12 month accumulated sales up 13.8%
Preliminary data industry data and market estimates indicate that accumulated domestic cement sales over
Portland Cement to convert yen loans to dollars
East African Portland Cement Company (EAPCC) will next month swap its expensive yen-dominated loans for dollars and convert to a coal driven plant in efforts to cut cost and ret...
Bid to prevent Bahrain cement price hike
A call has gone out for the Commerce and Industry Ministry to prevent a 30 per cent increase in cement price in Bahrain. It followed a closed meeting held yesterday between
UAE: cement prices fall
The construction materials’ prices in Abu Dhabi showed a declining trend in November as cement, construction steel and wood rates fell as compared to a month ago. However
Andhra Pradesh to see significant capacity additions
A little over 17Mt of fresh capacity will be added during 2010-11 in Andhra Pradesh alone, the largest cement market in the southern region, and also the State with the highest ...
ACC’s November sales rise 2% to 1.92Mt
ACC Ltd today reported a marginal two per cent rise in December sales to 1.92Mt from 1.88Mt in the same month last year.
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