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Easter break brings little respite for owners

The Easter break has had an impact on market rates with the Baltic Dry Index (BDI) down again to 1250 points by Tuesd...

Oman Cement Co net profit falls on price pressures

Oman Cement Company reported net profit of OMR4.2m (US$10.9m) in 1Q11 compared to OMR7.1m

Raysut first-quarter net profit falls

Oman-based cement producer Raysut Cement Company reported net profit of OMR5m (US$13m) in

Caribbean Cement targets South American export order

Caribbean Cement Company Limited (CCCL) is about to expand its supply markets into South America,

Romania projects boost Holcim’s participation in "Sustainable Energy Europe"

Holcim Romania, which should finalise EUR12m worth of investments in its Romanian factories in Alesd and Campulung ce...

Saudi Ministry begins naming price manipulators

Saudi Arabia’s Ministry of Trade and Industry began this week “naming and shaming” entities selling cement above the ...

Taiwan producers report strong first-quarter China results

Thanks to a cement price hike in China, Taiwan’s leading cement producers which have invested in the country

Binani Cement reports quarterly rise, to hive off power division

Indian producer, Binani Cement, reported a rise in standalone net profit for the quarter ended March 2011 to INR581.5m

Mbeya Cement loses tax appeal, Tanzania

Mbeya Cement Company Ltd of Tanzania will have to pay over TZS1bn (US$662,251) unremitted tax to the Tanzania Revenue...

Al-Rajhi Cement to issue bonds

Dubai-based Al-Rajhi Cement Holding said the company has issued JOD85m (US$119m) Islamic bonds for its unit in Jordan