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China Tianrui to issue unsecured bills, China

China Tianrui Group Cement Co is to issue CNY2bn (US$321m) in unsecured bills with a maturity of 365 days on the int...

Penna Cement plans packaging unit, India

Penna Cement Industries is planning a 1Mta cement packaging unit at Panvel, district of Raigad, Maharashtra, India. ...

Xinjian Tianshan Cement expects 75 per cent net profit drop, China

Xinjiang Tianshan Cement Co Ltd, a Shenzhen-listed cement producer, estimated 25 January that net profit for 2012 to...

Yanbu Cement full-year net profit rises 36% YoY

Saudi cement producer Yanbu Cement Co (YCC) reported a surge in full-year net profit thanks to increased demand and ...

Global growth outlook

A quick status report on global economic developments and cement markets

Dyckerhoff to take impairment charge on Russian project

German cement major said it is to take an impairment charge of approximately EUR26m on fixed assets due to a cement ...

Loesche wins VRM contract for Dangote's new Ethiopia plant

Loesche has been awarded a contract to supply four vertical roller mills for Dangote Cement’s new plant in Ethiopia ...

Bosowa breaks ground on new plant

The Bosowa Group has kicked off construction of a clinker grinding plant in Sorong, northern cost of Papua, Indonesi...

Holcim raises cement prices in Mauritius

Holcim raised its price of a 50kg bag in Mauritius to MUR211.60 or US$6.86 (delivery to Port-Louis). In other parts...

Taiheiyo Cement lowers gearing, Japan

Taiheiyo Cement’s net debt-to-equity ratio is likely to drop to 2.4 by the end of the current fiscal, an improvement...