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TCL to suspend debt servicing as group restructures

Trinidad Cement Limited (TCL) said Monday that it will cease paying its debts until a new turnaround plan is crafted ...

Paraguay’s INC to invest in doubling capacity

Paraguayan state-owned cement producer INC will invest up to US$300m to double its cement production capacity by end-...

Spanish cement consumption declines 15% YoY

The Spanish cement market closed 2010 with total consumption of 24.5Mt, representing a 15 per cent decline on 2009 fi...

Sberbank to control largest producer in Novosibirsk, Russia

Sberbank has appealed to the Russian Federal Antimonopoly Service for approval in its bid to receive a 51 per cent st...

Ghana: cement shortage hits Northern Region

The Northern Region of Ghana has, for the past two weeks, been hit hard by a shortage of cement.



Review of EIA for Jamaica plant and quarry

Jamaica’s natural resources conservation authority (NRCA) has begun reviewing an EIA submitted by Cement Jamaica Limi...

Peru orders elimination of cement tariffs

Peru’s Ministry of Economy and Finance has ordered the elimination, once again, of tariffs on cement and clinker

Al Jouf Cement swings to profit, Saudi Arabia

Saudi Arabia’s Al Jouf Cement Co said Monday it showed a fourth-quarter profit of SAR16.7m (US$4.5m) on higher ...

Cemex to issue US$1bn in bonds

Cemex plans to issue US$1bn in junk bonds to help pay down debt, the company said late Tuesday.

Polish cement prices on the rise

Poland’s infrastructure investment boom was the signal for cement producers to start raising prices.