Cement News tagged under: Middle East
Citigroup lowers Italcementi price target, Italy09 July 2012, Published under Cement NewsCitigroup has lowered its price target on Italcementi to EUR3.60 from EUR4.10, after cutting by 15% the pre-tax profit estimates for the Italian cement producer in 2012 and 2013. The prices and figures in Italy grew despite the weak market conditions but the dipping sales in France lead the bank to expect lower figures in 2012 than in 2011, Citigroup commented. The higher prices in North America are expected to raise Italcementi's profit on the market both in the first half and full-201... |
FLSmidth wins large cement order in the Middle East01 May 2012, Published under Cement NewsFLSmidth has signed a contract worth approximately EUR85m with an undisclosed company in the Middle East to supply a complete 6000tpd cement production line. The contract comprises complete equipment supplies and includes a combined limestone and clay crusher, a gypsum crusher, a circular stacker and reclaimer store, a stacker and side scraper store for additives, an ATOX vertical raw mill, a CF silo, a double string preheater tower, a ROTAX kiln, an FLSmidth® Cross-Bar cooler, an OK mill ... |
Pakistan cement exports earn US$339m in 9MFY2011-1225 April 2012, Published under Cement NewsDuring 9MFY2011-12 (July-March), Pakistan cement exporters saw recovery in cement exports in terms of value. In Pakistani currency, the export also rose by 6.06%. In addition, the average cement price improved. The Pakistan cement manufacturer and exporters exported 6.51Mt of cement and earned US$339.208m compared to 6.72Mt at US$329.696m in the corresponding period last year. The figures indicate that cement exports fell by 3.07% in terms of volumes but increased 2.89% in terms of dolla... |