Askale Cimento invests US$38m in two plants, Turkey
Askale Cimento is to invest USS$38m in two cement plants, established in the cities of Erzincan and
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Binani Cement 3Q net profit falls
India’s Binani Cement Ltd said Friday its third-quarter net profit fell to INR84.9m from INR539.5m a year
New order for Wartsila
Wärtsilä receives major order for 100 MW multi-fuel power plant from Lafarge Cement WAPCO, Nigeria
Dalmia Dec quarter net falls by over 75%
Dalmia Cement (Bharat) Ltd on Thursday said net profits for the December quarter were dragged down by more than 75 per cent
India cos may freeze imports from Pakistan
Following a recent alert from security agencies that RDX explosives were being smuggled through cement bags into the country from Pakistan
Cemex successful completion of refinancing
Cemex announced that it has successfully completed its refinancing plan.
Holcim Indonesia reviewing plan to build new plant
PT Holcim Indonesia is reviewing its plan to build a cement plant in East Java this year due to the current
Prices remain unchanged until spring, Romania
Lafarge, Holcim and Carpatcement Holding are keeping cement prices in Romania at the same level,
Laos to produce more cement
Efforts are being made to produce more cement so that by 2011 Laos would be producing
Sri Lanka cement firm eyes increasing demand after war
Lanka Cement, a Sri Lankan state-owned firm listed on the Colombo bourse, has increased
Madras Cements 3Q net profit falls
India’s Madras Cements Ltd said Thursday its fiscal third-quarter net profit fell 43%
TPI Polene swings to 2008 net loss
TPI Polene of Thailand said Thursday it swung to a net loss of THB5.45bn (US$56.1m) in 2008 from a net profit of THB2.33bn
Shortage imminent over Navy blockade, Apapa, Nigeria
Cement scarcity is set to hit the Nigerian market following the stoppage of production at the major bagging plants around Apapa.
Marginal delay in upgrading units, says India Cements
India Cements has reported a nearly 50 per cent drop in net profits
Boral profit forecast by one third
Weaker construction markets in the USA, Asia and Australia has led to Boral reducing its profit guidance for the year to the end of June from Aus$200m to Aus$120m.
Cemex seeks US$2bn from asset sales
Cemex has confirmed that it aims to nearly double the amount raised from asset sales to more than US$2bn this year and use the proceeds to pay down its hefty debt.
India’s top four see dip in market share
Fall in demand and aggressive capacity expansion by competitors has resulted in the top four cement manufacturers in India witnessing a dip in their market share.
Holcim will remain in Philippines, despite temporary shutdowns
Holcim said Wednesday it "has no plans to cease" operations of its plants in the Philippines, although there could be temporary shutdowns of production lines.
Gresik President: expects 2009 net to grow by more than 10%
PT Semen Gresik maintains a target for net profit to grow by more than 10% in 2009
Shree Cement 3Q net profit rises
India’s Shree Cement Ltd Wednesday said its third quarter net profit jumped to INR1.24bn from INR350.34m a year earlier.
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