FLSmidth signs preliminary Russia contract
Danish engineering group FLSmidth & Co A/S said on Wednesday it has
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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New order for Polysius, Vietnam
The Cong Thanh Cement Joint Stock Company of Vietnam has contracted Polysius to construct a new
Alexandria Cement plans US$422m rights issue
Egypt’s Alexandria Cement received the go-ahead for a E£2.45bn rights issue scheduled to begin May
Pahang to buy YTL Cement shares, Malaysia
The state assembly of Pehang unanimously passed a motion to purchase shares in YTL Cement Bhd.
Siam Cement confident of reaching revenue target, Thailand
Despite political uncertainty, the Siam Cement Group remains confident of achieving its revenue growth
China Shuangji Cement sees strong domestic demand
China Shuangji Cement, a leading producer in the Shandong and Hainan provinces in China, announced
Reliance ADAG plans 5.5Mta plant, India
Reliance Anil Dhirubhai Ambani Group (ADAG) is planning to set up a 5.5Mta cement plant in Karnataka,
Deutshe Bank initiates coverage on cement with a Buy
Deutshe Bank initiates coverage on Cemex with a Buy rating. Deutsche analysts says: “In our view
Votorantim expansion update, Brazil
Brazil’s leading cement producer, Votorantim, will open eight new cement factories by 2013 as part of its
Fitch Rates CRH’s EUR4bn EMTN Programme ’BBB+’
Fitch Ratings has affirmed Ireland-based CRH Plc’s (CRH) euro medium-term note (EMTN) programme at
Industry honours leaders in environmental improvement
Six cement plants received special recognition for their commitment to improving the environment and
Cemex increases first quarter loss
Cemex first quarter turnover declined by 10.2% to US$3,042.6m, which represented an underlying reduction of some 16%.
UltraTech plans to acquire 51% in Dubai-based producer
The Aditya Birla Group of India is set to acquire a 51 per cent stake in Dubai-based Star Cement LLC
Holcim Indonesia to construct new plant
PT Holcim Indonesia plans to invest US$400-500m in a new plant in Tuban, East Java, Reuters quoted a
China: Anhui Conch reports rise in 1Q profit
Anhui Conch, China’s largest cement producer by output, said Tuesday its first quarter 2010 profit rose
Cemex in talks for Penna stake, India
Cemex is in talks to buy a stake in south India-based Penna Cement, the Times of India reported on
Siam Cement 1Q beats forecasts, Thailand
Siam Cement posted a 32 per cent rise in quarterly net profit on Wednesday after the economic recovery
Philippines: cement makers oppose incentives for clinker
Extending incentives to clinker-based projects or to investments in cement grinding mills will negate the
HeidelbergCement secures liquidity until end-2013
HeidelbergCement said it has signed a new, self-arranged EUR3bn syndicated credit facility with a group
Jefferies International give Lafarge Hold rating
Investment banking advisor Jefferies International Ltd is initiating coverage of Lafarge with a Hold rating
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