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Italcementi first quarter 2011 improves

Italcementi’s first quarter turnover improved by 9.7% to €1,153.2m, while the running EBITDA declined by 6.4% to €130...

HeidelbergCement upgraded to ‘BB+’ by Fitch

Fitch Ratings raised HeidelbergCement’s long-term Issuer Default Rating (IDR) and the senior unsecured ratings to ‘BB...

Shanshui mandates four banks for five-year non-call three bond

China Shanshui Cement has mandated Barclays Capital, Credit Suisse, Deutsche Bank and Standard Chartered

Outlook for Indian capacity utilisation levels

An interesting correlation has been made between Indian cement stocks and capacity utilisation rates: the higher the ...

East African cement makers call for tax review

The East Africa Community (EAC) governments should review the common external tariff on cement,

Qatar National Cement chief rules out cement price hike

Qatar’s largest cement producer has ruled out the possibility of an increase in cement prices and said steps were bei...

S&P rates China Shanshui Cement ’BB’, proposed notes ’BB-’

Standard & Poor’s Ratings Services (S&P) assigned its ’BB’ long-term corporate credit rating and

MI Cement makes upbeat debut, Bangladesh

MI Cement started its first trading day with positive note and was traded above the indicative price level at the Chi...

Dalmia looking at M&As, India

Dalmia Cement (Bharat) Ltd (DCBL), second largest producer from the southern region, is evaluating options to buy out...

Vasavadatta capex plans, India

Vasavadatta Cement, part of Kesoram Industries which is the flagship company of BK Birla group of