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Akcansa profit drops 31.5% YoY in 1H08

Consolidated profit of Turkish producer Akcansa fell 31.47% YoY to TRY70m (EUR40m) in 1H08

Venezuela nationalises cement industry

Venezuela’s government extended its control of the economy with accords to take majority stakes in the local units of...

PCA downgrades 2008 demand forecast

An increasing unemployment rate, higher inflation, and low consumer sentiment will combine to have lingering negative...

Boral full-year profit falls 18.6 per cent on US housing slump

Boral Ltd’s full year net profit has dropped 18.6 per cent, dragged down by an earnings loss at its US business...

Taiwan’s Asia Cement China plants outperforming sector

Asia Cement Corp is posting utilisation rates higher than the industry average for its plants in China, the Economic ...

St Marys Cement hoping to test alternative fuel

St Marys Cement Co. plans to apply for a permit that will allow for a test burn of plastic film waste, such as plasti...

Sri Lanka: resumption of KKS factory will ease cement shortage

The shortage of cement will ease in Sri Lanka as steps have been take to recommence work at the Kankesanthurai Cement...

Indian cement makers’ woes to continue till monsoon ends

Even as the agreed moratorium has come to an end, the woes of cement industry is likely to continue till the end of t...

DJ Venezuela to proceed with cement nationalisation

Venezuela President Hugo Chavez said he’ll proceed with the nationalisation of his country’s cement indus...

Ohorongo investment, Namibia

Ohorongo Cement, which this week received a mining licence from the Ministry of Mines and Energy, is to invest N$2.5b...