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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...