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Jefferies cuts HeidelbergCement to Hold

Jefferies International downgrades HeidelbergCement to hold from buy, but raises the target price to EUR48 from EUR46

India’s UltraTech Cement Jan shipments at 3.3Mt

India’s largest cement producer UltraTech Cement said on Wednesday cement shipments in January were at 3.34Mt.

2011 a turning point for the industry?



Improving prospects for the construction sectors in the core markets of the main global cement producer...

Vicat turnover advances, brings two new lines on-stream

Vicat’s turnover advanced by 6.2% in 2010 to €2,014m, which represents a marginal underlying improvement of 0.3%.

Cimpor cuts output in Egypt

Portuguese cement maker Cimpor has reduced production at its factories near Alexandria, Egypt, and temporarily withdr...

Cement Companies raise prices by INR5/bag in West India

India’s cement companies have raised prices by INR5 for each 50kg bag in the western part of the country,

Exane, Jefferies lift share price targets on Buzzi Unicem

Exane and Jefferies revised up their share price targets on Italian cement producer Buzzi Unicem.

Sri Lanka cement firm rated ’A’ by RAM Ratings

Sri Lanka’s Tokyo Cement Company (Lanka) Ltd has been rated ’A’ by Ram Ratings on its strong market...

ACC output rises 10%

Indian cement major ACC has reported a modest rise in its cement production and dispatches in January.

Eagle’s cement prices continue to drift

Including its share of the jointly-owned Texas Lehigh Cement, the turnover of Eagle Materials for the first nine mont...