Rising prices lift earnings outlook for CNBM, China
China National Building Material expects second-half profit to be boosted by rising cement prices after earnings more than doubled in the first six months amid surging demand.
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Cement shortage in Andhra Pradesh may ease, India
Andhra Pradesh, which has been facing shortage of cement for quite some time, is set for some relief as over 6Mt
Vietnam: Binh Phuoc begins plant work
The southern province of Binh Phuoc has started work on the An Phu cement plant, with a total investment of VND4.6 trillion (US$278.8m).
Government, Cemex resume negotiations
The Venezuelan government and Cemex resumed negotiations on August 25 regarding the compensation the firm will receive for the nationalisation of subsidiary Cemex Venezuela&rsqu...
PPC announces key executive appointments, South Africa
In line with its transformation philosophy and focus on the development and promotion of black talent from within,
Cement shortage delays many projects, Qatar
Cement continues to be in short supply, a senior official at the Qatar Chamber of Commerce and Industry (QCCI) says he is completely in the dark about the reasons behind the sho...
Mini cement units to hike prices in Gujarat
Soaring input costs have forced mini cement units in Gujarat, India to initiate price hikes despite sluggish demand due to monsoon.
Italy Italcementi signs plant construction deal in Libya
Italcementi has signed a contract to build a cement plant in Libya with the Libyan Mining Company.
Egyptian court fines 20 cement firm executives
Cairo court fined 20 cement industry executives E£10m each on Monday for violations of the monopolies law and price fixing, a judicial official said.
Ethiopian imports from Pakistan
Avorniga, an Israeli company that leases the Addis Abeba Cement Plant from Mugher Cement Factory has procured 22,000t of clinker from Pakistan. The clinker docked at the Port of...
CRH 1H revenue EUR9.7bn
CRH Tuesday announced an interim pretax profit of EUR606m for the six months to June 30, compared to EUR670m for the same period last year.
Holcim Indonesia seeks loan from IFC
Indonesia’s third largest cement maker PT Holcim Indonesia is seeking a loan from International Finance Corp (IFC) to finance construction of a new cement factory in Tuban...
Portugal Cimpor 1H08 profit seen down 10.7%
Cimpor is seen to post a 10.7 per cent annual drop in the first-half of 2008 net profit to EUR117.6m, estimates of five analysts polled by Reuters and cited by Jornal de Negocio...
First phase of Cemex terminal at Liepaja Port completed, Latvia
The first phase of construction at the Cemex cement terminal at Liepaja Port, Latvia has been completed, according to Cemex public relations manager Eriks Matulis.
Russia’s RTM replaces CEO after stake sale
Russian real estate firm RTM said on Monday it was replacing General Director Eduard Vyrypayev after selling a large stake to new investors.
Cement prices to be adjusted, Vietnam
The Ministry of Construction has required the Vietnam Cement Industry Corporation to develop a ’road map’ for stabilising cement prices, said deputy Minister of Cons...
Positive results for Holcim Lanka, Sri Lanka
Holcim Lanka has recorded a very positive product results despite the difficult economic environment during the first quarter of the year.
Thailand: construction steel prices likely to fall
The price of construction raw materials is expected to stabilise in the second half, with steel dropping nearly three per cent but cement rising 510 per cent.
Uganda: Hima disputed Dura quarries open in October
Hima Cement starts mining limestone from Dura in October this year a development that could see the company double its production to 480,000t to meet growing regional demand.
Portuguese Cimpor interested in Paraguay
Portuguese cement producer Cimpor is keen to step in Paraguay, which it might do via acquiring Paraguayan state-owned cement group Industria Nacional del Cemento (INC) or invest...
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