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S&P put Lafarge on negative CreditWatch

Standard & Poor’s Ratings Services said today it has placed its ’BBB-/A-3’ long- and short-term cor...

Mugher and Mesobo increase production, Ethiopia

Ethiopia’s largest cement company, Mugher Cement Enterprise is in the final phases of an expansion project which will...

Philippine group request probe on China imports

A non-government organisation advocating product safety for consumer welfare Monday urged the Department of Trade and...

India cement industry seeks tax rebate

The Indian cement industry has sought reduction of taxes, including value- added tax ( VAT), and liberal export sops ...

Shanshui Cement to raise capacity to 80Mt

China Shanshui Cement Group Ltd, a Hong Kong-based cement producer, plans to boost its cement capacity to 80Mt of cement

Handelsbanken raises target on FLSmidth

Handelsbanken Capital Markets has hiked its share price target on Danish cement and mineral systems provider FLSmidth

India to add 23Mt of fresh capacity next fiscal

The Indian cement industry, already experiencing an oversupply situation, is expected to add 23.3Mt of capacity in 20...

Malaysia Tasek Corp profit rises

Tasek Corp Bhd’s pre-tax profit for the fourth quarter ended Dec 31, 2010 rose to RM72.765m compared with RM20.943m

JK Cement reports 96% drop in profits, India

JK Cement reported a marked drop in standalone net profit for the quarter ended December 2010.

Votorantim & Camargo Correa purchase of Cimpor given green light – with restrictions

Brazil’s antitrust authority Seae said Monday it approved Brazilian cement producers Votorantim Cimentos SA and Camar...