Cemex drops after S&P reduces credit rating to junk
Cemex fell to the lowest in a month after Standard & Poor’s cut its credit rating to below investment grade
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Central Kazakhstan suspends production, cut staff
Work has stopped at two cement plants in central Karaganda Region at once, according to reports from
Japan cement sales hit 39-year low
Japanese cement sales fell to their lowest level in 39 years in 2008 due to a slowdown of both public and
Holcim Apasco to invest in Sonora plant, Mexico
Holcim Apasco will go ahead with plans to invest US$200m this year to build a new production plant in Sonora state,
TPI sees setback in bid to delay fine, Thailand
TPI Polene Plc, the country’s third-largest cement maker, has had its petition to suspend payment of a THB6.9bn fine rejected by the Appeal Court,
Saudi cement companies likely to cut production?
Some Saudi cement companies are reportedly considering a halt on some production lines and cutting on production staff, sources have told Gulf News.
Indian demand likely to remain robust in January
The Indian cement industry, which surprised the market with its high growth in December sales at a time when market was anticipating lackluster demand, is likely to repeat the g...
Cemex aims to cut energy costs with new wind park
Cemex inaugurated on Thursday a wind park in southern Mexico in a bid to cut energy costs by 10 per cent and
Shui On may list Lafarge China JV
Shui On Construction may list Lafarge China cement JV in Hong Kong
China Runji files application for third line
China Runji Cement Inc (CRJI), a leading producer and distributor of cement in Anhui Province of China today announced that the Company
IFC arranges US$160m to build new plant in Kazakhstan
Vicat has announced that the financing of Jambyl Cement’s greenfield cement plant in Kazakhstan has been completed.
Cemex loses investment grade as S&P cuts rating
Standard & Poor’s cut its credit rating for Cemex to junk status Wednesday, citing expectations that deterioration in key markets will hurt its cash flow.
Azerbaijan output decreases five per cent FY08
Cement production in Azerbaijan reached 1.601Mt in January-December 2008, down 5.3% from January-December 2007;
Saudi Cement Q4 profit down 21 per cent
Saudi Cement Company said the fourth-quarter profit fell 21 per cent to SAR131.7m (US$35.12m) after a government ban on exports.
Opposition group discuss proposed Titan Plant
A forum was held on Wednesday night by a group that opposes the proposed Titan Cement Plant being built in Castle Hayne.
Turkey’s cement production increases
Turkey’s cement production in 2008 reached 43.9Mt according to calculations made at the end of October, said a report by the Turkish Cement Manufacturers’ Association.
India cement prices to remain under pressure
The short-term demand outlook for cement continues to remain weak and downward pressure on cement prices is expected to continue, an economic think-tank has said.
New hoppers to increase rail transportation Cemex UK
New state-of-the-art rail hopper wagons are now transporting aggregates on behalf of Cemex UK, building materials provider, increasing its rail transportation to over 10% of all...
Mangalam Cement announces buy-back
Mangalam Cement through VC Corporate Advisors made an announcement to the equity shareholders and beneficial owners of the company to buy-back a minimum
Financial crisis slows down Polish investment
The poor condition of the construction materials market and concerns about the future have caused Gorazdze Cement to
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