Cement News tagged: International
China’s cement industry reports 30.8% rise
The cement industry in China saw a 30.8% YoY surge in gross profits last year, which were RMB26.14bn
Cement prices in Western India up
Cement prices in western India, including in Maharashtra and Gujarat, have risen by INR3 to INR8 per
Lafarge launches EUR1.5bn capital hike
Lafarge SA Wednesday launched its planned EUR1.5bn capital increase.
Demand in developed markets falls rapidly
Cement consumption in developed markets has continued to experience a substantial decline over the last three months, and demand in emerging markets is also slowing, according to a JPMorgan research n
![SU-155 Group to construct plant in Kirov region, Russia](/content/uploads/images/International_thumb.jpg)
SU-155 Group to construct plant in Kirov region, Russia
SU-155 Group is planning to construct a cement plant in the Kirov region
Rain Commodities to buy back 4.56M shares
Hyderabad-based cement manufacturer Rain Commodities Limited (RCL) stated that its board has
![UAE: Cement price to fall 22 per cent](/content/uploads/images/International_thumb.jpg)
UAE: Cement price to fall 22 per cent
Cement companies in the UAE have been asked to reduce the price of cement by 22 per cent with effect from April 1.
Grasim commissions 33Mt clinker facility
Grasim Industries Ltd on Monday announced the commissioning of its 3.3Mt clinker facility at Andhra Pradesh, India
Austrian Asamer buys stake in Libyan joint venture
Building-materials produced Asamer in Upper Austria will pay EUR110m for an interest in three cement plants in Libya
Anhui Conch 2008 net profit rises 5%
Anhui Conch Cement Co said Monday its 2008 net profit rose 5% on strong sales volume growth and
Venezuela Court: return Cemento Andino assets to Argos
Colombia’s largest cement company, Cementos Argos SA can now negotiate with the Venezuelan government for compensation
Misr Beni Suef Cement 2008 profit up 4.8 per cent
Egypt’s Misr Beni Suef Cement posted a 4.8 percent rise in net profit to E£202.4m (US$35.9m) in 2008,
Vietnam: cement industry urged to boosts exports
Prime Minister Nguyen Tan Dung has asked the Vietnam Cement Industry Corporation (VICEM) to work
EBRD prepared to provide EUR170m to Azerbaijan project
The European Bank for Reconstruction & Development (EBRD) is ready to look at financing Kiln Line 6 for Azerbaijan’s, Garadagh Cement OJSC.
ACC calls for further hike in prices
ACC has insisted that cement should be sold at Rs 300 per bag in the retail market if it needs to go ahead
Buzzi Unicem expects lower volumes in 2009
On a turnover 0.7% lower at €3520m, Buzzi Unicem’s EBITDA declined by 11.8% to €922.7 last year. The trading profit was down by 16.5% to €697.7m and the pre-tax profit by 21.2% to €650.3m,