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Mediterranean reluctance, Indian Ocean steady

Owners of dry bulk vessels operating in the Mediterranean are reluctant to take short inter-Med cement or clinker vo...

Qassim Cement 1Q14 net profit declines

Qassim Cement Company reported net profits amounting to SAR159m (US$42.4m) in the first quarter of 2014, down 5.59 p...

Deutsche Bank upgrades Holcim to buy

Deutsche Bank upgrades Holcim to buy from hold and lifts its target price to CHF90 (EUR74) from CHF70  (EUR57) as th...

KHD wins new Turkish order, Maras performance update

KHD has received order for a new 3500tpd clinker production line at Bolu Cimento’s Kazan plant. Meanwhile, the Germa...

Argentina: cement demand falls 1.8% YoY

In March 2014, Argentina’s cement companies shipped 910,954t, including exports, reflecting a 13.5 per cent MoM rise...

Umm Al Qura set to raise US$73m via float

Umm Al Qura Cement is to raise over SAR275m (US$73m) in cash by selling 27.5m shares at SAR10 each via a flotation o...

West China Cement repurchases 2m shares

West China Cement Ltd bought back 2m shares for HK$1.9m on 8 April 2014, media reported, citing Hong Kong Stock Exch...

CalPortland Sustained Excellence Award

The US Environmental Protection Agency (EPA) has recognised CalPortland Company with a 2014 Energy Star® Partner of ...

Moody's places Lafarge's ratings on review for upgrade, changes outlook on Holcim Baa2 rating

Moody's has put Lafarge's Ba1 rating on review for a possible upgrade following the announced merger proposal with S...

DG Khan plans Balochistan plant, Pakistan

DG Khan is expected to begin construction of a new 2.5Mta plant at Hub, located in the Lasbela district of Balochist...