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Mixed signals from the markets

After both the Atlantic and Pacific Capesize markets softened a little bit, there were, however, some signs at the en...

Court turns down petition by TPIPL creditors to stop debt discount plan

The Central Bankruptcy Court on Monday dismissed a petition filed by 11 creditors of cement-maker TPI Polene Plc (TPI...

Gresik sees FY net profit up 10% despite fuel price hike, Indonesia

The country’s largest cement producer, state-owned PT Semen Gresik, expects its full-year net profit to rise by...

Vice President complains about high cost of cement, Ghana

Ghana’s vice president Alhaji Aliu Mahama has asked cement producers to explore the use of lime and other local...

Bacnotan to Invest PHP1B, Philippines

The board of Bacnotan Consolidated Industries Inc. (BCI.PH) has approved the appropriation of PHP1bn for future inves...

Cement plant investment, Yemen

Three cement plants worth a total $500m will be built in southern Yemen in joint Saudi-Yemeni projects. According to ...

Garadagh Cement disagrees with act on results of tax inspection, Azerbaijan

Garadagh Cement intends to fight with the final act on resuls of tax inspection at the Ministry of Taxes, Uwe Koehler...

Vietnam likely to increase cement price

Vietnam will bring nationwide cement prices in line with regional rates at the beginning of 2006, the Ministry of Con...

Colombia’s Argos buys US cement companies

Colombian cement company Cemento Argos has bought U.S. concrete makers Southern Star and Concrete Express for a total...

Tabuk Cement Profits Up 22%

Khaled Al-Shathri, Chairman of the Tabuk Cement Company, announced that the company achieved SR117.2m net profit in t...

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