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Bamburi upbeat on outlook
Kenya-based Bamburi Cement’s operating growth increased by 5.8 per cent last year to KES5.5bn (US$60m) and is upbeat...
Future Board of Directors of LafargeHolcim nominated
Holcim and Lafarge have nominated their candidates for the future Board of Directors of the combined merged company...
Canada: a reversal of fortune
Canada's competitive landscape is set to change with the arrival of a new player and the pending Lafarge-Holcim merge...
Brazil: CSN considering merger with cement unit
Brazilian steelmaker CSN is considering a merger with its subsidiary CSN Cimentos, Business News Americas reported. ...
Ciments du Maroc 9.3% fall in profit
Ciments du Maroc closed 2014 with a 5.1 per cent fall in its turnover from MAD3.6bn (US$35m) to MAD3.4bn. The cement...
Nomura expects Indian demand recovery in FY16
Nomura expects Indian cement companies to see demand recover in the current fiscal year, after a weak ending to fisc...
Mumbai Port Trust allots land for cement handling terminal
The Mumbai Port Trust has allocated allotted 25,000m2 of land at Petroleum Godown to UltraTech Cement for 30 years, ...
Indonesia first-quarter sales down 3.2%
Indonesian cement consumption fell by 3.2 per cent YoY in the January-March period, latest figures from the Indonesi...
Citi Research raises target price for China Resources
Citi Research raised its target price for China Resources Cement (CRC) to HK$5 from HK$4.5, and upgraded the stock t...
CNBM signs turnkey contract with Arabian Cement Co for 10,000tpd plant
CNBM International Engineering Co Ltd has signed a turnkey contract with Arabian Cement Co for a 10,000tpd clinker l...