Pakistan cement sector registers 47 per cent rise in profit in ’07
The Pakistan cement sector registered an increase of 47 per cent profit in 2007 following the soared cement dispatches as of the upbeat local demand and expanding export market.
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Binani Ind to consider fund raising on Jan 19
Binani Industries Ltd said on Tuesday its board will meet on January 19 to consider raising upto $125 million through the equity or debt route by its subsidiary, Binani Cement Ltd.
FLSmidth wins order from CRH in Poland
FLSmidth has been awarded a contract worth approximately EUR40m for machinery supplies to upgrade an existing cement production line at Grupa Ozarow’s cement plant in Ozarow
Thua Thien Hue licenses huge cement plant, Vietnam
The central province of Thua Thien-Hue has granted license to the Nam Dong Viet Song Long Cement Investment Joint-Stock Company to build a 1.8Mt cement plant.
Rwanda charts strong cement demand
Rwanda Investment Group (RIG), a private investment company created by some 43 local investors has committed Rw500bn (US$27.2m)
Akmenes shuts production line for repairs, Lithuania
Lithuania’s only cement manufacturer Akmenes Cementas on Monday is shutting one of its two production lines for an annual scheduled maintenance period
Private cement cos agree to take decision on reducing prices, India
Private cement manufacturers have agreed to take a decision for reducing cement prices before February 10, following Tamil Nadu
Vietnam consumes 36Mt of cement in 2007
Vietnam reportedly consumed nearly 36.06Mt in 2007, a YoY of 13%, said the Vietnam Cement Association.
Cement unit facing closure threat, India
The only surviving cement factory in Koraput district might have to be closed for the lack of support from the administration, sources said.
Iron, cement, power units to get 92Mt coal, India
The coal ministry today decided to allot 92.38Mt of coal to ensure the much-needed long-term linkages to 73 cement manufacturing units, 224 captive power facilities and 236 sp...
UAE cement and steel prices set for further increase
Price escalation clauses could be good for both contractors and developers as cement and steel price increases in the UAE are
New cement plant to be built in Vietnam
The construction of a new cement plant with a capacity of close to 1Mta is underway in the northern mid-land province of Phu Tho.
Sinoma builds three production lines at CNY1.5bn
China National Materials Company said its wholly-owned Sinoma Cement Co agreed to set up a company to
Government now puts cement importation on hold, Tanzania
The government has put on hold plans to import cement from within East Africa designed as a strategy to ease an acute shortage of the item in the country.
Algeria: Egyptian firm buys 35% of capital of Zahana cement factory
The Egyptian cement-manufacturing company “Assik” has acquired 35% of the shares of the cement factory of Zahana, located in the province of Oran in western Algeria.
Transparency the goal of cement APM, Malaysia
The government of Malaysia has introduced automatic pricing mechanism to improve transparency between building materials manufacturers and end-users.
Builders association seeks cut in cement prices
It will not be possible to implement the mega infrastructure projects envisaged in the 11th Five Year Plan period
Two selling fake cement held
Two traders involved in selling of sub-standard cement were arrested by the Madion police.
TXI Reports Second Quarter Results
Texas Industries, Inc reported net income for the quarter ended November 30, 2007 of $29.3 million ($1.05 per share).
Shree Cement looking to go overseas, India
Kolkata-based Shree Cement Ltd (SCL), which runs the largest single-location integrated cement factory in northern India, is eyeing foreign shores.
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