Taiwan Cement predicts higher gross profits
Taiwan Cement predicted its gross profits in the final quarter of this year would grow by 12 per cent, posting the highest level in a decade thanks to the increasing shipment mo...
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Rinker Group gets A3 rating from Moody’s
Moody’s Investors Service has today affirmed the A3 senior unsecured rating of Rinker Group Limite. Moody’s said its rating affirmation reflects the ongoing strength...
Harnessing sea power in Wales
THE UK’s first wave power station may generate over 1000 jobs as well as producing renewable energy off the waters of Milford Haven. KP Renewables
FCC Aims to double revenues by 2008
Spanish construction group Fomento de Construcciones y Contratas SA (FC) said Thursday it plans to double revenue and earnings by 200, noting in a presentation that it wants
Belarus cement exports
Belarusian President Alexander Lukashenko said Thursday that he supports a government proposal to increase the export of Belarusian goods to Moscow. The president’s press ...
Cimsa starts clinker production at Kayresi plant
Turksisk Cement company Cimsa Cimento Sanayi announced that the new kiln in Kayseri grinding facility become operational as of Dec 22 and clinker production started
Hillsborough unit finalises coal-supply contract
Hillsborough Resources Ltd.has reported its Quinsam mine has finalized a new three-year contract to supply coal to a major international cement manufacturer, starting Jnuary 200...
China expands influence in Africa
China’s growing demand for energy sources and profitable construction deals is leading the world’s most populous country increasingly to swoop into Africa, where it ...
Birla’s Durgapur unit begins production
The Durgapur Cement Works of Birla Corporation Ltd, the flagship company of MP Birla Group, has begun commercial production. According to a press release issued by the company, ...
Orascom's Contrack awarded Qatar contract
Egypt's Orascom Construction Industries (OCI) said construction subsidiary Contrack International is in a joint venture with Qatari contractor Darwish for a US$355m contract to ...
Hurricane price warning
The hurricanes that battered the Gulf Coast and Florida this year devastated communities and left tens of thousands of people homeless. Now consumers everywhere are
Real estate boosts Indian cement sector
The ongoing real estate boom backed by soft retail loans and increased infrastructure spending has strengthened the cement sector to new heights and riding on this Associated Ce...
China stock slump
As a prolonged slump in the China stock market drags on and the US dollar stays on a longer-than-expected uptrend, many Chinese investors are becoming frustrated with what they
Taiwanese Industrial Associations Volunteer to Reduce CO2 emissions
Seven Taiwanese industry associations including the Chinese National Federation of Industries will sign an agreement today with the Ministry of Economic Affairs (MOEA) to volunt...
Vietnam: CPI forecast to rise in Q1/2006
Vietnam’s consumer price index (CPI) is estimated to surge three per cent in the first quarter of next year, a fall of 0.7 per cent on-year, the market management group fo...
Kuwait seminar for Iraq investment group
Global Investment House (Global) has held a special seminar at the Kuwait Stock Exchange (KSE) on listing Iraq Holding Company (IHC). Attending the seminar were, Mr. Mohammed Al...
Foreign cement groups evaluate Russian investments
Recently, foreigh investors are reported to be looking closely at the Russian construction sectors with some announcing their plans to build new cement plants in
China’s energy outlook
The tight supply of coal, oil and other energy products in China will ease somewhat in 2006, according to a report titled 2006 China and World
Cement imports from Mexico
US contractors and readymix producers in the US have been complaining about a shortage of cement for the past two years. Mexico has an
IFC buys shares in China’s Anhui Conch
The World Bank’s investment arm, the International Finance Corp, acquired 48 million shares in Anhui Conch Cement Co Ltd, China ’s largest
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