Fitch cuts HeidelbergCement to BB-
Fitch cut the long-term issuer default rating (IDR) of German cement producer HeidelbergCement AG to BB- from BB+ and put its ratings on "negative" rating watch.
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Cemex set to resume full-scale cement production
The kiln at Cemex’s Davenport plant is to go back online Monday after more than three months of sitting
Cartelisation in cement: CCP begins hearing
The competition commission of Pakistan proceeded the hearing against the 17 members of All Pakistan Cement Manufacturers Association
Cemex launches first Sustainable Development Report
Cemex has launched its first Sustainable Development Report to build on its corporate reporting
Indian Govt cuts taxes in a stimulus package
Government today effected an across-the-board four per cent cut in CENVAT that will bring down prices
Bulgaria: Devnya Cement, Investor of the Year 2008
On December 1 2008 Invest Bulgaria Agency, the local investment promotion authority, presented, for
Clarksville plant site may never be used again
Hopes are dimming that another use can be found for a Pike County plant set to close next year.
UAE production expected to surpass demand by 2011
In an optimistic scenario, a recent Al Mal Capital report on the cement sector in the UAE anticipates a
Lafarge honoured for nature projects
Lafarge North America’s Davenport cement plant give the impression of heavy industry to those who
Chinese contractors to help build cement plant in Vietnam
Chinese contractors will help build a 375,000t cement plant in Vietnam’s northern province Hoa Binh
Thailand: Siam Cement adapts to change in business climate
The current economic slump differs from the 1997 crisis in many aspects. But for Siam Cement Group
Cemex: World Bank unit to hear Venezuela dispute
A World Bank arbitration division has agreed to consider a complaint by Cemex against Venezuela’s
Grasim, Lafarge not to defer ready-mix plan
Lafarge and Aditya Birla group’s Grasim Industries are sticking to their plans of adding ready-mix units in the country.
Philippines to import Japanese cement
The Philippines will import cement from Japan before the end of the year to provide consumers with a
PPC and Cimpor to raise South African cement prices
Pretoria Portland Cement (PPC) will increase its cement price by an average of 15 per cent next month and Cimpor is also planning to hike prices simultaneously.
India rail freight up 7-8% for cement companies
Indian Railways has increased the freight classification for cement, coal and coke to 150 from 140. This
Cemex suspends EUR400m investment
Cemex has decided to suspend its EUR400m investment project in Poland and is planning to conduct
Roanoke Cement recognized for safe terminals
Shree Roanoke Cement Company (RCC) sites have achieved 11 years without a lost time accident: Castle
Sibirsky Cement fined RUB50m for restricting competition
Russia’s Federal Antimonopoly Service said Thursday that it had fined cement producer Sibirsky Cement
Cemex Dominicana expects demand to fall 16% in 2009
The Dominican Republic branch of Mexican cement manufacturer Cemex announced that local demand
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