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Madras Cement net profit rises 25%, India

Madras Cements Ltd said on Thursday it earned a net profit of INR123.01 crore for the quarter ended June 2012 as aga...

Southern Province cement signs deal with Wärtsila, Saudi Arabia

Saudi Arabia’s Southern Province Cement Company has signed a US$26m contract with a Finnish power firm that will all...

GICA seeks cement imports, Algeria

Algeria’s Cement Group, known as GICA, wants to buy 450,000t of cement to reduce demand it faces in the domestic mar...

Shipping rates soften across the board

With summer activity on the low side, shipping rates generally softened for Handysize, Panamax and Capes, both in th...

Indocement profit rises, gears up for expansion

Indocement Tunggal Prakarsa, part of the HeidelbergCement group, reported a 24 per cent rise in profit for the first...

Taiheiyo quarterly profit seen rising on higher demand

Japan’s leading cement producer Taiheiyo Cement is expected to report consolidated operating profit of about JPY1bn ...

Italcementi’s profits fall in spite of recoveries in North America and India

Italcementi’s first half turnover came off by 4.9 per cent to €2299.8m while the running EBITDA declined by 11.6 per...

China cement demand to recover by end-Aug - UBS

Chinese cement makers are higher on hopes that Premier Wen Jiabao's remarks on ensuring growth may boost demand for ...

Torah strike action to cause EGP22m in losses

Egypt-based producer Torah Cement announced that the latest strikes caused shortage in clinker production by around ...

New factory begin production in Mozambique

A new 240,000tpa cement factory has started operations at the Belulane Industrial Park in the Boane district of Mapu...