Cementir in largest rise for one month, adds 2.9 per cent
Cementir added 16 Eurocents (or 2.9 per cent) to Euro5.66, its largest rise of the last one month. The rise is the largest in per cent terms since it added 13 Eurocents
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Cementir added 16 Eurocents (or 2.9 per cent) to Euro5.66, its largest rise of the last one month. The rise is the largest in per cent terms since it added 13 Eurocents
etron Engineering Construction, service provider in services in mechanical, erection,
Heidelberg Cement AG, traded at its 21-day low of Euro105.62.
Grasim Industries dipped INR5.05 (or 0.2 per cent) to INR2234.95, ending a two-day streak of rises. In the NSE market of
Construction contractors must have taken a sigh of relief as prices of popular cement brands such as Ha Tien 1
Production is being cut at a North Wales cement factory because of the recession in the construction industry.
Cement production units in Rajasthan have been forced to cut their capacity utilisation by as high as 50 per cent, following the 12 day violent Gujjar agitation.
The key drivers for Indian cement demand are real estate sector, infrastructure projects and industrial expansion projects.
On May 27 a gala ceremony took place in Slantsy, Leningrad region to lay the foundation stone for the construction of a new LSR Group cement plant.
Lafarge signed an agreement with Chinese supplier CBMI Ltd to expand its Nigerian plant and double output to 4Mta, Lafarge’s Nigerian unit
Two of Bahrain’s largest ready-mix concrete plants, together producing more than 4000m3 of concrete a day,
Heracles General Cement Company Greece’s 4th largest Industrials company by market capitalisation, closed unchanged at Euro16.50.
Heidelberg Cement AG dipped 60Eurocents (or 0.6 per cent) to Euro106.90.
Titan Cement Company, Greece’s second largest Industrials company by market capitalisation, traded between an intraday low of Euro28.36
The continuous rise in input costs, which eats into the profits of companies, may force domestic cement makers to re-work their pricing strategy after June this year.
UralKhim, which acquired a licence for the exploitation of a Sordino phosphate deposit in Russia, is now able to build a cement plant
Investments in local cement capacity may be endangered, following reports that the government is planning to approve the importation of bagged cement.
Anhui Conch Cement Co Ltd, the biggest cement producer in Asia by output, plans to double its production capacity in the next three years
Merrill Lynch has agreed to spend US$50m for 46 per cent stakes in Wenchuan’s Zi Ping Cement Factory
The Gujjar unrest in Rajasthan and surrounding areas of the national capital region (NCR) is likely to hit cement companies
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