Citigroup upgrades Adelaide Brighton to Buy
Citi lifts Adelaide Brighton’s rating to Buy from Hold and raises its target to A$3.10 from A$2.58 vs
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Buzzi Unicem issues senior unsecured notes
Buzzi Unicem, through its 100% subsidiary RC Lonestar Inc, has successfully completed the new issue
New Nepal cement plant to begin operations
Ghorahi Cement Industry is to start operations from July
India: Ambuja Cements plans to spend to raise capacity
Ambuja Cements Ltd plans to invest INR42bn to raise its annual production capacity plans to 3Mt over the
Meghna Cement signs marketing agreement, Bangladesh
Meghna Cement Mills Ltd, a concern of the Bashundhara Group, signed an agreement with
Judge requests further details on proposed Titan plant
Attorneys for the state of North Carolina, representatives from Carolinas Cement Co., a subsidiary of
Indian producers post strong volume growth
After a dip in February, the Indian cement industry is likely to achieve double-digit growth in March as
Israel allows cement into Gaza
In a gesture of goodwill to UN Secretary-General Ban Ki-moon, Defense Minister Ehud Barak has
Bin Son Cement contributes to socio-economic development
Vietnamese producer Bin Son Cement Joint Stock Company has been commended by President Nguyen
Liberia: cement shortage looms
Local Liberian businesses involved in cement importation in the country have called on President Ellen
Roanoake remains ‘unplugged’, USA
While millions of people around the world recognised the fourth annual Earth Hour this past Saturday by
Cemex launches four debt exchange offers
Cemex launched four offers to exchange outstanding perpetual debentures for new senior secured notes to
Trident plant announces 47 plant layoffs, USA
Officials at the Holcim plant in Trident, Montana say 47 workers will be temporarily laid off. The company
Conch: stimulus drives growth, profits surge
Anhui Conch, China’s largest cement producer, reported group turnover of CNY24.684bn (US$3.615bn)
Saudi Arabia 2010 cement sales outlook
Cement sales in Saudi Arabia are likely to rise 19 per cent in 2010 but prices are expected to drop,
Rajawali sells stake in Gresik in US$1bn deal
Indonesia’s Rajawali Corp sold a 23.66% stake in PT Semen Gresik, the country’s largest cement maker by assets and volume, in a US$1.08bn deal
Tamil Nadu Cement Corp receives government funds
The Tamil Nadu Cement Corporation Ltd (TNCCL), a state-run cement manufacturer, has been allocated
Jurong Cement gets SGX’s in-principle approval for delisting
Jurong Cement said it has received in-principle approval from the Singapore Exchange (SGX) to be
New project give boost to Pakistan demand
The start of construction work on new small apartment projects and large scale renovation of houses have
Nirma proposes to release land, India
Nirma Industries Ltd Wednesday, proposed before the Gujarat High Court, that it can release 46ha of land
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