Turkish competition board to probe cement firms
The Turkish Competition Authority said on Tuesday it had launched an investigation into 10 cement companies related to
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Prism resumes production at Satna unit, India
Prism Cement Ltd. has resumed production of clinker in Unit-II at Satna which had been temporarily
Harvard University to present results on Lafarge unit, USA
Harvard University experts will on Thursday present results from the first independent study of the Lafarge cement plant’s effects on the community’s health.
New UK order for Cemengal
Spanish-based Cemengal, has been awarded a turnkey contract by Lafarge UK for a new Pulverized Fly Ash (PFA) transport and dosing systems for its Hope Works Plant, United Kingdom.
Maharashtra prices rise, North may follow suit, India
Cement prices in Maharashtra have been increased by INR10 per 50kg bag (US$0.2) in the wake of a spike in demand.
Yamama Saudi wants ban on exports lifted
Yamama Saudi Cement, Saudi Arabia’ third-largest producer by market value, wants the government to lift the ban on cement exports on concern profit margins will drop as supply i...
The EPA’s War on Texas
The Environmental Protection Agency’s carbon regulation putsch continues, but apparently abusing the clean-air laws of the 1970s to achieve goals Congress rejected isn&rsq...
Vietnam Cong Thanh Cement sells bonds
Cong Thanh Joint Stock Company sold VND1.5 trillion (US$76.92m) worth of long-term secured corporate bonds in the domestic market on December 24 to raise fund for its cement pro...
Argentina’s November construction improves
Argentina’s construction activity rose 17.2% in November from the same month a year earlier in seasonally adjusted terms, the national statistics agency, Indec, reported
Spain sees recovery in spending, 4Q growth
Spain’s central bank and prime minister have both made cautiously optimistic statements on the country’s ailing economy, with the latter saying he expects growth in ...
Raysut plans for Pioneer deal
Raysut Cement Company, Oman’s largest producer, is pushing ahead with a US$172m deal to buy a UAE competitor. The acquisition of Pioneer Cement, a joint venture set up bet...
Cement producers expecting more growth in 2011
Cement consumption in Indonesia, Southeast Asia’s largest economy is forecast to increase six per cent to 42.4Mt next year, an industry association said. Urip Trimuryono, chairm...
EAPC works on a debt/cost reduction plant
East African Portland Cement Company will reportedly swap its expensive yen-dominated loans for dollars this month and convert to a coal driven plant in efforts to cut cost and ...
Foreign investor in Huaxin Cement share buy
Huaxin Cement Company, China has announced that its foreign shareholder Gaoling Fund, L.P bought an additional 155,300 US dollar denominated B shares or a 0.04% stake in the com...
Freight hike seen denting margins 1-2%
The 4% hike in freight charges for cement, proposed by the Indian Railways, is expected to result in a 1-2% hit in the operating margins of cement makers. The blow comes just as...
AP to see more cement capacity additions
ver 17Mt of new capacity will be added during 2010-11 in India’s Andhra Pradesh alone, the largest cement market in the southern region, and also the State with the highest inst...
Price rise rocks Bahrain
Bahrain cement companies are reportedly conspiring to increase prices by 30 per cent but are being confronted head-on by the government. In a bid to avert another building crisi...
Khoy cement factory in full service
Khoy cement factory in West Azarbaijan province, Iran has entered into full service on 1st January 2011. President Mahmoud Ahmadinejad and Industries and Mines Minister Ali-Akba...
Shree Cement to increase coal imports
Shree Cement Ltd. may buy 3.5Mt of imported thermal coal for delivery in the year ending March 2012, India Coal Market Watch reported, citing an unidentified company official. T...
UAE price falls reported
Prices of basic building materials in the UAE domestic market declined significantly in November, according to Statistics Centre Abu Dhabi. Prices of cement, construction steel ...
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