India’s MoF denies excise duty to cement firms
Cement industry has been lobbying for abatement since the government introduced MRP-linked excise duty last year.
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‘Capacity additions may be delayed’
Stocks of Indian cement companies have been southward bound on sedate numbers and concerns on regulatory intervention on prices.
China’s cement demand increases 50Mt to 70Mt
Cement demand in the earthquake-affected areas in Southwest China is estimated at between 50Mt and 70Mt
Cement’s pressure points
The outlook for the Indian cement sector has taken a turn for the worse in recent months.
India’s Ultratech buys S.Africa coal at $170/T CIF-seller
Indian cement maker Ultratech bought a parcel of South African coal ex-stocks at an Indian port for US$170/t CIF
Italcementi sees 2012 sales rising to €8.3bn
Italcementi SpA expects its sales to rise 6.5 per cent on average in the coming years
India: Sat sets aside Sebi order against Holcim
The Securities Appellate Tribunal has set aside an order passed by the Securities and Exchange Board of India against Holcim (India) Pvt Ltd
Inquiry into CRH Polish activities
The Polish competition watchdog is believed to be close to completing an investigation into the activities of Irish group CRH and a number of big players
China’s cement price remains stable
Market monitoring by the Ministry of Commerce (MOC) shows that China’s cement market has operated steadily
Oman: Price of cement increased
Raysut Cement Company, Oman’s second largest producer of building materials, on Wednesday announced the increase of cement prices.
Moody’s assigns a Baa1 rating to Holcim
Moody’s Investors Service has today assigned a Baa1 issuer and senior unsecured long-term debt rating to Holcim Ltd
Plans for new Zambia plant announced
Mumbwa Cement Limited intends to set up a cement manufacturing plant at Natani in Nangoma, Zambia at a cost of US$4m.
Haver & Boecker establishes subsidiary in Ras Al Khaimah, UAE
Haver & Boecker has announced the establishment of subsidiary office in the United Arab Emirates.
3 Hazemag crushers for Government of Egypt Cement
For the handling of its contract with the GOE (Government of Egypt) Cement Co, Chinese cement plant construction company TCDRI (
Thailand’s TPI Polene (TPIPL): off the hook? Questions remain
TPI Polene (TPIPL) informed the SET yesterday that the special public prosecutor of the Office of the Attorney General said TPIPL
Sibirsky Cement to build plant in Ryazan Region
Russian holding Sibirsky Cement expects to build a RUB57bn cement plant in the Ryazan Region by 2014
Sri Lanka to import cement from Pakistan
Sri Lanka plans to import 300,000t of cement from Pakistan to ease the shortage of cement in the local market.
PCA Appoints Prentice as Vice President
The Portland Cement Association (PCA) named John M. Prentice to the newly created position of vice president of industry liaison
West China Cement says in final stage of negotiating a US$60m credit facility
China-based cement producer West China Cement Ltd. said it is in the final stage of negotiating a $60m credit facility with an international bank.
Holcim reviving ready-mixed concrete business
Holcim Philippines Inc., the country’s largest cement maker, is reviving its ready mixed concrete solutions
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