Chinese cement prices up 3.12% in June
Prices of ordinary Portland cement reached CNY 321/t, inching up 1.9% from the previous month. Those of Portland slag cement reached CNY 369/t, 3.07%; and those of compound Port...
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Cement production up by 3.5% to 1.6Mt in June
Ukrainian cement production rose 3.5% in June 2008 compared with June 2007, to 1.56Mt.
UAE’s Ministry of economy reaches price agreement on cement
The UAE Ministry of Economy Monday announced the list of cement outlets and agents who have agreed to sell cement at AED18 (US$4.91)
US house starts not expected to rebound until 2010
Housing starts in 2008 are expected to be 36 percent lower than 2007 levels, creating three straight years of declines.
Indonesia’s H1 cement consumption rises 21 per cent
Indonesia’s cement consumption during the first half of 2008 surged 21 per cent from a year ago supported by growing construction activities,
Holcim Executive Committee to be enlarged
Holcim Ltd said Hansueli Hee, member of the executive committee since 1998, will step down as of October 31, 2008 to retire
Ciments du Maroc borrows US$274m for new plant
Moroccan cement producer Ciments du Maroc signed a MOD2bn (US$274m) loan agreement with five banks to help finance a new factory due to start production in March 2009, the compa...
Iraq opens state firms to foreign investors
Iraq hopes by year-end to conclude production sharing deals with foreign firms to renovate 35 major state industries
Italy Italcementi wins wind farm licence in Turkey
Italcementi has won a licence for the construction of a wind farm in Turkey.
Saudi Southern Cement Q2 profit up 19.5 per cent
Southern Province Cement Co , Saudi Arabia’s second-largest cement maker by market value, posted a 19.5 per cent rise
Thailand’s Siam City Cement 2Q08 earnings to be flat YoY
Siam City Cement (SCCC) is expected to report a 2Q08 net profit of Bt942m, flat YoY but down 7.1% QoQ.
Gresik to spend more for investment projects
State-owned cement maker PT Semen Gresik said it may spend 15 per cent-20 per cent more than US$1.22bn it previously estimated to finance its investment in the next five years.
Saudi Yamamah Cement Q2 profit rises
Saudi Arabia’s Yamamah Cement Co said on Sunday second-quarter net profit rose 12.5 per cent on higher sales, beating all analysts’ forecasts.
BPI analysts say investments in Brazil Positive for Cimpor
Portuguese cement producer Cimpor’s possible investments in Brazil for EUR158.5m (US$250.4m) would be favourable for the company’s stock, if confirmed
Lithuania’s Akmenes boosted by export growth
Rising exports to Kaliningrad’s booming construction market have helped Lithuania’s only cement manufacturer, Akmenes Cementas (Akmene Cement)
ETA Star to build cement plant at Ras Al Khaimah, UAE
Gulf News reported that Dubai based reported that ETA Star Group, a property developer and construction company, will be investing US$150m
Konya invests TRY 1.1m in Mersin facility, Turkey
Turkish cement producer Konya Cimento is to invest TRY 1.09m in a ready-mix concrete plant, located in the city of Mersin
Imports to ease cement shortage, Bahrain
Bahrain is to import 31,000t of cement from Turkey and the UAE, it was announced yesterday.
Lehigh Cement deny signs of Catskill landfill pollution
A cement company says regular monitoring at an upstate New York landfill hasn’t shown signs of the pollutants an environmental group says are seeping into the Hudson River.
Cimpor to increase Brazilian production capacity
Brazil’s third largest cement manufacturer, Portuguese Cimpor, is planning to invest BRL400m (US$248mn)
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