RAK Cement profit drops 63 per cent on fuel cost
Ras Al Khaimah Cement Co first-quarter net profit fell 63 per cent on higher fuel cost and a 21-day annual shutdown.
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Analysts: Cemex to negotiate total exit
Cement industry analysts expect that Cemex will negotiate its total exit from Venezuela amidst the
GHACEM to transport cement by rail
Ghacem is to transport an estimated 600,000tpa of cement through the Ghana Railway Company Limited (GRCL).
Saudi Southern Cement Q1 profit surges on new plant
Southern Province Cement Co posted a 47.8 per cent rise in first-quarter net profit after the launch of a new unit amid strong demand.
Federal government okays cement imports for Sabah and Sarawak, Malaysia
The federal government has agreed to issue import licences (APs) for cement to the Sabah Housing & Real Estate Developers Association (SHAREDA)
Indonesia’s March cement consumption up 15.4 per cent
Indonesia’s domestic cement consumption rose 15.4 per cent to 2.99Mt in March from a year ago
Indonesia Q1 cement consumption up 16.8 per cent YoY
Indonesian cement consumption rose 16.8 per cent in the first quarter to March from a year ago,
Brazil cement sales grow 2.9% in March
Brazil’s domestic cement sales totaled 3.8Mt in March, 2.9% more than a year before, the Brazilian Association of Cement Industries (Sinc)
Nigerian Dangote buys into South Africa cement firm
Nigeria’s leading industrial conglomerate, Dangote Group, has acquired a 45 per cent stake in South Africa’s Sephaku Cement for ZAR3bn ($378m) through a private placement,
Holcim Indonesia to build $500m cement plant in East Java
PT Holcim Indonesia, the country’s third-biggest cement producer, said it is planning to build a new cement
TurboSonic announces US$1m in gas scrubber orders
TurboSonic Technologies, Inc announced receipt of US$1m in new orders for SoniChem Chemical Oxidizer and TurboVenturi Gas Scrubbing Systems
Asia Cement Corp plans US$200m HK listing
Asia Cement Corp, a subsidiary of Taiwan-based Far Eastern Group, plans to raise as much as US$200m
Athi River mining addresses dust issues
Athi River Mining Ltd is putting in place measures to address dust polution.
Taiwan Cement Hikes product prices 20% in Mainland China
Taiwan Cement Corporation, one of Taiwan`s largest cement producers, recently decided to hike selling
India may ban cement exports if prices rise
India may consider banning cement exports if prices continue to rise, Commerce and Industry Secretary G.K.
GBL buys 50,000 more Lafarge shares for EUR5.47m
Groupe Bruxelles Lambert bought 50,000 shares in French cement company Lafarge for a total of EUR5.47m
South Africa cement sales fall 18.7% in March
Cement sales in South Africa fell 18.7 per cent YoY in March 2008 to 1.039Mt after
Saudi cement-firm profits rise as economy advances
Three of Saudi Arabia’s five biggest cement producers by market value posted first-quarter profit growth of at least 11 per cent on a jump in domestic demand.
Adelaide Brighton expects FY net profit A$118m-A$125m
Australian cement company Adelaide Brighton Ltd said Thursday it expects net profit to rise 9.7% this fiscal year.
Lafarge prepares to invest in Polish production
Lafarge Cement, will invest EUR320-350m in its new production facility in Poland, which will boost its domestic production capacity by 1.5-2Mt,
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