Project update: Ciments du Maroc Ait Baha plant
Work is in progress in south Morocco for the Italcementi Group subsidiary Ciments du Maroc.
Cement industry news
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Colombia’s Antitrust Watchdog levies fines
The Colombian anti-trust watchdog fined the country’s three largest cement makers with COP923m
Investors look beyond Cemex woes to debt
Reuters: Investors looked past slumping sales at Cemex, and snapped up the stock on Tuesday on optimism the company would refinance its looming debt payments.
Habesha Cement wins limestone exploration license
Habesha Cement Share Co. won the right to explore for limestone in the West Shoa zone of Ethiopia’s central Oromiya Regional state, the Ethiopian News Agency said.
Australian cement industry to get emissions scheme help
The Federal Government says it is not ignoring the cement industry’s concerns about the extra costs associated with an emissions trading scheme.
Thang Long Cement becomes operational, Vietnam
Thang Long cement plant,will be operational today [December 18] in northern Quang Ninh province, the
Holcim seeks US$75 million carbon credit
PT Holcim Indonesia Tbk seeks accumulative carbon credit worth US$50-70m in 10 years from the United Nations Framework Convention on Climate Change (UNFCC).
Cemex expects reported EBITDA to drop 27%
Cemex is predicting a turnover of some US$22,900m for 2008, an increase of 5.7%, but including Rinker for a full year, rather than six months.
ACC to shut down its Kilns at Gagal (HP)
Cement manufacturer ACC is shutting down one of its Kilns at Gagal (HP) due to poor cement demand in both Himachal Pradesh (HP) and Punjab on account of economic slowdown.
NTPC in talks with Lafarge
It is reported that NTPC and Damodar Valley Corporation are in talks with Lafarge to set up
US Housing starts continue to plummet
Builders broke ground on the fewest new homes in at least half a century, as a deepening economic contraction raised the risk of deflation.
India: housing loans become cheaper
In an effort to boost the sagging economy the Government has decided to make banks reduce the interes
Emissions trading ’could harm cement industry’, Australia
The Federal Opposition says a cement company could scrap a billion-dollar expansion in central Queensland because of extra costs imposed by an emissions trading scheme.
HeidelbergCement stocks
HeidelbergCement AG gained 5.6 percent to EUR31.92, snapping a three-day drop.
Permit to build haul road across Davidson Canyon won’t be revoked
Pima County will not revoke a flood-plain use permit that allows California Portland Cement to build a haul road across Davidson Canyon.
Unabated fall in cement sales leads to price dip
Continuous fall in local cement sales compelled the manufacturers to reduce the price of cement by Rs 10 to Rs 15 per 50 kg bag in the local market, sources said.
China production slower growth in Jan.-Nov period
China’s cement production saw a slower growth at 2.8 per cent YoY to about 1.27bn tonnes in the first 11 months of this year,
Cemex sees big fall in Q4 results
Cemex said on Monday it expects a sharp drop in fourth-quarter revenues and pre-tax earnings but is
Indonesian Nov cement sales fall 2.4 per cent
Indonesia’s November cement consumption fell by 2.4 per cent to 3.27Mt from a year ago due to weaker demand in Java, the most heavily populated island and main cement mark...
Shiva Cement board approves allotment of shares
Rourkela-based cement company, Shiva Cement has announced that the board of directors at its meeting
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