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Saudi Cement net profit rises 26 per cent, Saudi Arabia

Saudi Cement posted a net profit of SAR290.2m (US$77.4m) for the second quarter, representing a rise of 36 per cent ...

HeidelbergCement’s debt reduction focus

HeidelbergCement plans to cut its debt by about 16 per cent to EUR6.5bn to boost its credit rating and share price a...

Sichuan Shuangma expects first-half net loss, China

Sichuan Shuangma Cement said it expects to post a CNY10-15m (US$1.7m-2.4m) net loss in the first half of 2012 compar...

Holcim Malaysia calls for green building certification to be mandatory

Holcim Malaysia has called for green building certification to be made mandatory as it would create sustainable deve...

Brazilian market adjustments

The recently-approved takeover of Cimpor by Brazilian conglomerate Camargo Correa will not only lead to the reorgani...

Spanish cement consumption drops 34.7% in 1H12

Cement consumption in Spain plunged 34.7 per cent YoY to 7.2Mt in the first-half of 2012, latest data from the domes...

Sharp public sector falls in UK construction point to difficult 2012

The latest figures from the UK's Office of National Statistics released today highlight that output fell 6% in May c...

Iran exports climb

Iran exported 3.34Mt of cement and clinker in the first three months of the current calendar year which began on Mar...

Jidong Cement shares acquired, China

Jidong Development Group bought additional 698,300 shares in Jidong Cement on the secondary market, accounting for 0...

Jiangxi Wannianqing forecasts 80% net profit drop, China

Jiangxi Wannianqing Cement Co Ltd, a Jiangxi Province-based producer of cement and clinker, said it expects first-ha...