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Citigroup lowers Italcementi price target, Italy

Citigroup has lowered its price target on Italcementi to EUR3.60 from EUR4.10, after cutting by 15% the pre-tax prof...

Hanson Cement inquiry cost nearly GBP500,000, UK

An inquiry into health concerns at Hanson Cement’s Padeswood plant in Wales cost almost GPB500,000 (EUR630,000). ...

Siam Cement Group’s ASEAN focus

Siam Cement Group (SCG) has said it would spend more than half of its THB200bn investment budget for 2012-16 in the ...

Yanbu Cement 1H net profit rises four per cent, Saudi Arabia

Saudi Arabia-based Yanbu Cement said net profit for the first half of 2012 rose by 43.4 per cent YoY to SAR360m (US$...

China: first half profit concerns

With disappointing economic data emanating from China recently, a number of domestic cement producers have issued pr...

Votorantim: June '12

As part of the agreed asset exchange between Votorantim and fellow Brazilian investor Camargo Corrêa, Votorantim will...

Cimpor: June '12

Cimpor has now become a subsidiary of the Brazilian holding company Camargo Corrêa, which currently controls 94.8 per...

CRH: June '12

CRH completed its disposal of its 49 per cent stake in Secil in mid-May and has received EUR564.5m in cash...

Italcementi: June '12

A reduction in the use of clinker, which has fallen back to a level last seen in the early 1970s, has led Italcementi...

Cemex: June '12

As a result of investing in excess of US$175m since 2005 in boosting the use of alternative kiln fuels...