Ethiopia plant project update
Ethiopia’s Ministry of Industry said that some 35 projects with over
Cement industry news
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Indonesia: market growth prompts more expansion
A strong economy and the government’s push to develop infrastructure is driving Indonesia’s domestic cement demand significantly, with sales in 2010 expected to grow 6% to 40.6Mt
Spanish demand seen down 15% YoY
The Spanish cement sector is set to close 2010 with a total of 24.5Mt consumed, representing a fall of
Pakistan industry likely to face tough time
Pakistan cement industry may face tough time ahead as the exports are winding down on account of
Inekon Group to build cement works in Vietnam in January
Inekon Group will commence construction of the Phu Son cement works in Vietnam for almost CZK3bn.
Morgan Stanley upgrades Indocement to overweight
Morgan Stanley upgrades Indocement to Overweight from Equalweight and raises the target price to
CEO says Cementos Lima is ready for more competition
The chief executive of Cementos Lima said the company, the largest cement producer in Peru, is ready to
UOB keeps positive view on China cement sector
UOB KayHian stays positive on China’s cement sector and it continues to prefer the eastern and southern
Gresik looking for acquisition in Southeast Asia
Indonesia’s largest cement producer PT Semen Gresik said it wants to acquire a cement factory in a
Azerbaijan output falls
As much as 1.18Mt of cement were produced in Azerbaijan in the first 11 months of 2010, down 2.2 per
Titan acquires Kosovo cement plant
Titan said Wednesday it has signed an agreement with the Kosovo Privatazation Agency for the purchase of
Holcim starts construction of new factory in Indonesia
PT Holcim Indonesia has marked the start of construction of a new cement factory in Tuban, East Java,
Raysut a casualty of cement price war
A price war between Oman and the UAE is creating a rocky outlook for shares of Raysut Cement.
LSR restructures financing for plant construction
LSR Group and Bank VTB North-West have signed an agreement to open a loan facility worth
Suez Cement to shut 14 production lines in Cairo
Egypt’s Suez Cement said on Tuesday it would shut down 14 production lines as part of an agreement with the government to relocate out of the capital to reduce pollution.
Cemex says never in talks with Murli Industries
Cemex said it was never in talks to acquire Murli Industries Ltd.’s cement plant in western India, a
Natal Portland Cement workers strike
Natal Portland Cement (NPC) has gone on strike against the National Union of Mineworkers over a wage
Semen Gresik readies for US$300m expenditure
PT Semen Gresik Tbk allocated US$300m capital expenditure by 2011 mostly for cement mill
China cement prices to rise further?
Financial services firm UBS has predicted that China’s cement prices will rise further, as it believes
VHMEL to acquire 25.93 % more shares of Pioneer Cement
Vision Holding Middle East Ltd (VHMEL), a company incorporated in British Virgin Islands has
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