Cementir exports more cement to Russia
Cementir managed to increase turnover in the first half by 4.0% to EUR575.5m. The group has performed well in Italy, helped by re-commissioning of the kiln at the Arquata Scrivi...
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Global Investment House, Bina: Tunisia venture
Kuwait’s Global Investment House signed an agreement with Tunisia’s Bina Holding to jointly develop Carthage Cement, a greenfield cement plant with capacity of 2Mta
Birla Corp to set up cement plant in Madhya Pradesh, India
MP Birla Group’s flagship company Birla Corporation, now controlled by R S Lodha, today announced its plan to set up a 3Mt cement plant in Madhya Pradesh at an investment
Ambuja Cements, UltraTech to increase exports
Ambuja Cement Ltd, India’s second largest cement producer and UltraTech Cement Ltd, an Aditya Birla Group Company, have plans to
UAE Gulf Cement 1H08 net profit down
UAE cement maker Gulf Cement registered a decline in its net profit to AED200.1m (US$54.5m) in the first half of 2008 from AED253.9m (US$69.1m) a year ago, it was reported on Ju...
Eagle’s first quarter profits contract by 80%
Eagle Materials saw its turnover fall by 20.1% to US$171.8m in its first quarter to the end of June,
Saudi Yanbu Cement to boost capacity to 7Mt
Saudi cement producer Yanbu Cement Company (YCC) will reach an annual production capacity of 7Mt when its fifth production line starts operation in 2010.
Fauji Cement RDF project, Pakistan
Fauji Cement Company Limited (FCCL) has installed a Refuse Derived Fuel (RDF) processing plant at a cost of Rs 300m.
Duty waiver on Pakistan cement dents Indian producers profitability
The Indian cement industry has expressed concern over increased cement imports from Pakistan contending that the waiver of import duty has put domestic producers at a disadvantage.
Malaysian cement price set to rise further
The average selling price of local cement is now on par with cement prices in the Asia-Pacific which range from RM273 to RM277 per tonne.
China Customs report suggests tariff hike to curb cement export
Chinese Customs have suggested, in a latest report, on levying additional provisional export tariffs on cement in light of the rebound of cement exports in Jan-May.
Yanbu Cement set to sign deal with Sinoma
Yanbu Cement Company (YCC), one of the largest manufacturers of cement in Saudi Arabia, will sign a contract with Sinoma International Engineering Co Ltd
Investors to construct cement plant in Mareb, Yemen
Chairman of the Board of Directors of Al-Shulif Company for Trading and Investment Ahmed Ali Al-Shulif pointed out that a joint coalition of Gulf, British and Yemeni investors i...
Midwesco Filter Resources, Inc. announces new president
Midwesco® Filter Resources, Inc announced today Mark Foster will become the new acting President effective August 1, 2008.
Jordan Valley AR reorganises as Xenemetrix, US
On the 15th of June 2008, Jordan Valley Semiconductors Ltd, divested their Analytical Division which was then purchased by Xenemetrix Ltd,
India Cements 1Q net profit INR1.42bn
India Cements Ltd said Wednesday its fiscal first-quarter net profit fell 22% from a year earlier.
Lafarge to raise cement prices by MYR20/t
Lafarge Malayan Cement Bhd, Malaysia’s largest cement producer by volume, is increasing the recommended retail prices for its bagged cement products by MYR1 per 50kg bag
Indonesia’s Indocement H1 profit more than doubles
Indonesia’s second-largest cement maker, PT Indocement Tunggal Prakarsa Tbk , reported on Monday its first-half net profit more than doubled, powered by robust cement sales.
TPI Polene 2Q08 earnings slightly higher than expected
TPIPL reported 2Q08 net profits of Bt74m, down 91.5% YoY and 92.2% QoQ. Stripping out Bt530m FX losses from its loans, 2Q08 normalised profits were Bt605m, down 20.3% YoY
Banque Audi finances Lafarge cement factory in Syria
Lebanon’s Banque Audi has arranged a US$380m loan to French conglomerate Lafarge to finance a cement factory in Syria,
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