Anhui Conch says China cement prices to fall in 2009
Anhui Conch Cement Co, China’s biggest maker of the building material, said prices will decrease early next year on cooling demand for new property and infrastructure in some re...
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Kikwete lays stone for new cement plant, Kenya
The cement factory, owned by Maweni Limestone Limited, a subsidiary of the Kenya-based Athi River Mining Company,
Russian co to build RUB10.5bn cement plant near Novosibirsk
Russian industrial and construction concern Sibir (Siberia) plans to build a 10.5 billion ruble cement plant in the Novosibirsk Region,
Yamama Cement Jan-Sep ’08 net profit down 13%
The net profit of Saudi cement producer Yamama Cement Company (YCC) (SAU:3020) dropped to SAR526m (US$139.8m)
Belarus Government set to get US$529.3m loan from Chinese bank for expansion
The Belarusian government wants to obtain a US$529.3m loan on easy terms from a Chinese bank for the expansion of the country’s three cement plants.
Lafarge to stop importing cement next year, Indonesia
Lafarge Cement, a French cement producer controlling a 99% stake in PT Semen Andalas Indonesia, is going to stop importing 1.1Mta of cement starting from 2009.
Texas Industries under pressure from Sawiris
At the forthcoming annual general meeting of Texas Industries, on October 21 2008, Mr. Nassef Sawiris is trying to
Pakistan cement exports up 43 per cent
Cement exports in Pakistan increased by 43 percent to 2.39Mt in first quarter (from July to September) of current FY09 over 1.677Mt of corresponding period of last fiscal 2007-08.
Egyptian-Kuwaiti pool of investors to set up new cement factory in Minya
A pool of Egyptian-Kuwaiti pool of investors are to set up a new factory in Minya. The Egyptian investors will hold 71.4 per cent of the ownership (or LE 70m paid in capital)
Ethiopia: EIB lends EUR 29m for Derba Midroc Cement Factory
Derba Midroc Cement company (DMC) in Ethiopia has benefited from a EUR 29m loan from the European Investment Bank (EIB)
Russia cement makers halt plans as demand shrinks
Cement producers in Russia, are slashing their expansion plans as demand from property developers shrinks due to the credit crisis,
Shree Cement sees realty slowdown hitting margins
Shree Cement Ltd expects the slowdown in the real estate sector to hit margins in the coming quarters, Managing Director HM Bangur told
HeidelbergCement’s Bosnian unit 1H net profit rises 88% YoY
Tvornica Cementa Kakanj (TCK), a Bosnian cement factory owned by Heidelberg Cement, reported a first-half net profit of 28.54 million marka
Tabuk Cement net profit down to US$37.8m Jan-Sep 2008
The net profit of Saudi cement producer Tabuk Cement Company (TCC) fell to SAR 142.3m (US$ 37.8m) in the first nine months of 2008 from SAR174.4m in the same period last year
Holcim Philippines puts sustainability at core of cement business
Holcim Philippines Inc has placed sustainable development as one of its major priorities while pursuing a profitable business in the country.
EC set to grant industry relief on carbon trading
Recent speculation that energy-intensive industries in Europe are set to receive a huge cash boost from the European Commission as part of a plan to protect industry from a worl...
RUGE Capital - A new payer in cement production
A new player RUGE Capital has appeared in the cement production market in Georgia. From US$200 to US$300m will be invested by the partnership of Georgian-American Company RUGE C...
Sinoma is to build a cement line with Shui On Cons
Sinoma said its subsidiary, Tianjin Cement Industry Design & Research Institute, has signed an agreement with Shui On Construction and Materials
Cement prices likely to dip by INR20/bag in Mumbai
The dipping stock markets and fall in the real estate prices are going to have a strong effect on the cement industry.
Uganda: Tororo municipality to sue district over UGX284m
Council has threatened to sue the district authorities over non-remittance of UGX284m in ground rent. In a terse communication by the town mayor, Jack Ogola
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