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China National Building unit inks four China deals

China National Building Material Co Ltd (CNBM) said 75 per cent-owned unit Nanfang Cement Co Ltd has signed four sepa...

Cemex seeks review of takeover panel Rinker declaration

Australia’s Takeovers Panel said Thursday that Cemex SAB has launched a Federal Court appeal of its July decla...

Jamaica announces reduction in import taxes on cement

The Jamaica government has announced an 80 per cent reduction in the taxes paid by importers of cement as the island ...

Indonesia’s Gresik first half profit up 9.5 per cent

Indonesia’s largest cement maker Semen Gresik said Thursday its first-half net profit rose 9.5 per cent to IDR...

Holcim sets 2010 margin targets, focus on aggregates

Holcim Ltd Thursday revealed new divisional targets for 2010, including a clear improvement in its building aggregate...

Ultratech Cement operations at Kovaya stopped due to flood

Ultratech Cement Ltd has announced that Heavy rains in the Amreli district of Gujarat have resulted in floods in the ...

No end in sight to market gains

If any more evidence were needed that drybulk rates have gone through the roof, this week saw the Baltic Capesize Ind...

Chinese cement industry recovery is on track

Year to date, cement prices in Guangdong province have increased by RMB 50-60/t, or 16.7-20 per cent, to RMB350-360/t...

Ethiopia gets $208 mln China loan for power, cement

Ethiopia on Tuesday signed a $208 million loan agreement with China, to finance new power generation and expand a cem...

Turk cement firms to import 30% more coal by 2009

Turkey’s cement producers will import 30 per cent more coal by the end of next year compared with 2006, the chi...