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Cemex to return to profitability in 2013?

Mexican cement producer Cemex is seen on track to return to profitability as soon as 2013, according to analysts quo...

Kuwait investors to build cement plant in Budaka, Uganda

President Museveni broke ground for the construction of a cement plant in Daka village, Budaka District, Uganda. ...

Yanbu Cement records 25.5% YoY rise in quarterly net profit

In the quarter ended 30 September 2012, Yanbu Cement saw total revenues fall 21.4% to SAR339.6m (US$90.5m) and net p...

Sharjah Cement Factory signs MoU with Etihad Rail

UAE’s Sharjah Cement Factory has signed a memorandum of understanding with Etihad Rail which will enable the cement ...

National Cement to open new 1.65Mta Nairobi works

National Cement announced plans to open a new 1.65Mta cement works in the outskirts of Nairobi, Kenya. The compan...

IL&FS Trust Co ups stake in India’s Deccan Cement

Deccan Cement reported that IL&FS Trust Company increased its stake in the Indian cement producer by 2.01% to 19.82%...

Dangote orders 500 heavy-duty trucks from Beiqi Foton

Nigerian cement producer Dangote Cement has awarded the contract for 500 Foton-Daimler heavy-duty trucks to Beiqi Fo...

US cement demand to rise or fall depends on resolution timing

Although cement consumption and overall US construction activity increased significantly more than expected in 2012,...

Zimbabwe’s PHL agrees ownership deal with government

PPC-owned cement producer Portland Holdings Ltd (PHL) has agreed an ownership deal with the Zimbabwean government an...

Bosowa starts construction on US$130m clinker unit

PT Semen Bosowa Maros officially started construction on a new clinker plant in South Sulawesi as part of its expans...