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Turkish Akcansa 2006 net profit rises by a quarter

Turkish cement producer Akcansa said its net profit rose by a quarter to TRL146.5m (US$103.15m) in 2006 from a year...

Iran nominal cement production capacity to grow

Iran is planning to increase its annual nominal cement production capacity to 72Mt by the end of the Fourth Five-Year...

Saudi tycoon sets up $19.5m cement firm in Ethiopia

Ethiopian-born Saudi magnate Sheikh Mohammad al-Amudi paid on Thursday 8 March close to US$19.5m on behalf of Derba-M...

Cimpor denies involvement in Brazilian cement/concrete cartel

Cimpor said that to the best of its knowledge it is not involved in any cartel to fix prices in the Brazilian cement ...

Zenith Bank Wins Award for project finance, Nigeria

Recognition for quality service came the way of Zenith Bank Plc again at the weekend with the award to the bank of th...

Italcementi looks forward to another good year

On the back of a 17.1% increase in turnover to EUR5,854.1m, Italcementi pushed up the EBITDA by 26.2% to EUR1,434.5m ...

Indian cement makers to hold prices for a year

Indian cement makers have agreed not to raise prices for one year from Friday, Commerce Minister Kamal Nath said.

Lafarge continues to reduce its Greenhouse Gas Emissions and Registers a Third ’’Clean Development Mechanism’’

An initiative launched by Lafarge in India with the aim of reducing its greenhouse gas emissions has been registered...

Ban on cement exports to hit cos with plants in west

Even though exports constitute only 4% of the total cement production in the country, analysts believe that a ban on ...

Alternative Fuel in Sancti Spiritus’ Cement Factory

The Siguaney cement factory in the Cuban central province of Sancti Spiritus will soon begin to substitute fuels by i...