Binani Cement plans international arm
Binani Cement, the Braj Binani-backed cement manufacturer, will set up an international subsidiary for its overseas operations and may list it at the London Stock Exchange&rsquo...
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UAE: Union Cement Q2 down on input, fuel costs
Union Cement Co posted a 60.2 per cent drop in net profit in the second quarter on high raw material and fuel costs, as well as a sharp decline in income from investments in sha...
Novoroscement to build cement plant, Russia
Novorossiysk-based cement-supplier Novoroscement has announced US$397m plans to build a cement plant in Novorossiysk, Russia.
Tanzania cement prices remain high
The prices of cement have not come down significantly despite Tanzania and other East African Community member states having allowed free movement of the commodity across their ...
South Africa: new Randfontein plant on track
Lafarge SA said yesterday the building of its Randfontein plant, a key part of its plans to increase production by about a quarter
Abu Dhabi Islamic Bank finances new Sudan plant
Abu Dhabi Islamic Bank has announced the financial close of a bridge facility for the construction of a cement manufacturing unit in Sudan.
Libya awards four cement industry licenses
According to the National Mining Corporation, Libya has awarded licenses to four foreign companies out of 24 applicants earlier this month to set up cemen
Cost pressures take Ambuja Cement Q2 net down.
Ambuja Cements Ltd (ACL) on Friday announced that the company posted a fall of 33% in its net profit to for the second quarter ended June 30, 2008 a
Malaysia: cement price likely to rise on higher costs
An increase in the price of cement is possible due to higher operation and transport costs following the hike in petrol and diesel prices early last month.
Vietnam Deputy PM urges capital disbursement for cement projects in south
Deputy Prime Minister Hoang Trung Hai has instructed that ministries, sectors and banks to co-ordinate, consider thoroughly
Cement projects to help govt in clean Himachal
Cement projects in Himachal Pradesh will soon supplement the ’clean Himachal’ project aimed at making the state clean and green.
Pakistan cement prices up by Rs32 in a week
Cement prices during a short span of one week went up by Rs32 per bag to Rs380, according to the Federal Bureau of Statistics (FBS) figures.
Sri Lanka Kankasanthurai factory to reopen soon
Moves are under-way to reopen the Kankasanthurai Cement factory as a step to cater to the local cement demand, Lanka Cement Limited Chairman Sisira Paranagama said.
Shanshui Cement raises additional US$273m
China Shanshui Cement announces that it raises an additional $273m as its over-allotment option has been fully exercised in respect of an aggregate of 97.626m shares at $2.8 per...
JK Lakshmi Cement Q1 net falls 43.49%
JK Lakshmi Cement disclosed a substantial drop in standalone net profit for the quarter ended June 2008.
Henan cement prices rise
Cement prices in central China’s Henan province in the first half of July rose by 5.61 per cent than the second half of June to CNY 309/t f
Jidong to build CNY1.5bn project in Chongqing
Chinese cement producer Tangshan Jidong Cement Co., Ltd yesterday released a plan of spending CNY1.5bn building two clinker production lines each
Indian Railways to help boost cement import from Pakistan
Indian Railways is planning to scale up transport of cement from Pakistan to help raise local supplies and tame price pressures, the state-run utility said in a statement on Fri...
Increasing investment leads Gresik to seek US$1.2bn loan
PT Semen Gresik Tbk seeks out US$1.2bn loan or IDR10.98 trillion to fund the company with its swelling investment up through to US$1.8bn.
Oman Cement Q2 profit falls 13 per cent
Oman Cement Co posted a 13.1 per cent drop in second-quarter profit to OMR3.57m (US$9.28m), missing two analysts’ forecasts.
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