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RAK Cement sees loss for '08 on higher costs 08 February 2009 due to the rising energy prices as there is no solution in sight. The management also shares this point of view and foresees dwindling margins in the immediate future. "Higher realised cement prices did not offset the impact of rising energy costs. We... Type: Article Category: Financial India's ACC sees slowing demand, lower '08 profit 05 February 2009 India's top cement maker ACC on announced a 23% drop in net profit in 2008 on Thursday. The company said a weaker economy is lowering demand and high energy prices hurt demand. ACC also expects demand to slow during 2009. (CW Group) ACC said that it is... Type: Article Category: Financial Cemex sees fall in '09 volume, but will pay down debt 04 February 2009 Cemex said on Wednesday at its Investor and Analyst Conference - Cemex Day - that it sees 2009 EBITDA in the range of $3,5 billion to $3,7 billion. Free cash flow is expected to be between $1,9 billion and $2,1 billion, but debt burden remains a... Type: Article Category: Financial Vicat cautious on 2009 after sales fall 28 January 2009 expected fall in sales volumes, including cement, in 2009, but instead saw an increase in selling prices. In the USA, Vicat sees further deterioration in market conditions, Le Point added. Vicat continues to work on realizing its cost savings plan... Type: Article Category: Financial Cemex announces successful refi of $4BN debt 28 January 2009 the report added. Nevertheless, current market conditions make the selling of assets at a good price difficult. The update sees the completion of debt refinancing as a significant positive for Cemex, although Fernandez remains cautious on the operating... Type: Article Category: Financial Oman Cement sees strong demand, progress on upgrades 22 January 2009 Cement demand in Oman is expected to remain strong in 2009, driven by large infrastructure projects and major real estate projects, said Jamal Shamis al Hooti, CEO of the Oman Cement Company. He also gave an update on the company's upgrade program. [$]... Type: Article Category: Volume & Pricing TPI Polene expects profits, flat market in 2009 20 January 2009 that lower costs should result in a return to profits in 2009. However, the company has put debt refinancing on hold, but sees relatively stable demand. (CW Group) Thailand's Central Bankruptcy Court issued an order to end the court-supervised... Type: Article Category: Financial Buzzi Unicem cautious on E.Europe, slows expansion 17 January 2009 a Milan-based analyst, declining to be named, told Reuters. On Thursday Buzzi presented at the MF Global and said that it sees 2009 cement demand in Ukraine and Russia falling 8-13% and 4-5% respectively. In 2008, cement consumption rose 6,4% in Ukraine... Type: Article Category: Financial Analyst sees India cross 300 mtpy mark in FY12 15 January 2009 Analyst MF Global predicts that 100 million tpy in new capacity will be installed in India by the end of the Indian fiscal year 2012, adding to today's 200 mtpy capacity. (CW Group) By the end of November 2008, India had about 201 mtpy installed... Type: Article Category: Markets & Competition Holcim to reduce costs, investments in 2009 15 January 2009 company also said its liquidity and capital position are healthy and that because of limited short-term financing needs it sees itself "prepared for the challenging times ahead." The Swiss company said that emerging markets still offer "unique... Type: Article Category: Financial Brazil demand sets record in 08, level in 09 13 January 2009 Cement sales in Brazil grew by 14,3% to 51,105 million tons in 2008, according to data from Brazil's National Union of the Cement Industry (SNIC). Demand seen to be stable in 2009. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried... Type: Article Category: Volume & Pricing CRH sees Ôé¼1,6Bn pre-tax profits, challenging outlook 06 January 2009 Ireland-based CRH said that it expects to deliver pre-tax profits of over Ôé¼1,6 billion for 2008, in line with estimates. The outlook, however, is challenging. (CW Group) "We anticipate a lesser reduction in earnings per share as a result of share... Type: Article Category: Financial Holcim Malaysia sees sales growth in 2008 05 January 2009 Holcim Malaysia expects to record higher sales in 2008 than the previous year, despite facing a broad economic slowdown starting in the third quarter. (CW Group) Mahanama Ralapanawa, CEO of Holcim Malaysia, said in New Delhi that the company is... Type: Article Category: Financial Business doing well at Austria's Leube 02 January 2009 The kilns at Austria-based Leube are producing at full capacity, even though the company sees a slight decrease in activity for 2009. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid... Type: Article Category: Financial ACC may idle more India plants 29 December 2008 content you tried to access is only available to paid subscribers.","link":"1"}] ACC will make a decision if it sees further deterioration in demand for its products, reports the Business Standard. On December 16, 2008 the company closed its 2,4 million... Type: Article Category: Financial Ukraine cement industry sees bleak future 21 December 2008 The cement demand outlook for the Ukraine is bleak and several cement companies in the country have already reduced output. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid... Type: Article Category: Markets & Competition Salonit to see revenues of Ôé¼84MM in '08 20 December 2008 Cement producer Salonit, based in Slovenia, said that it sees its revenues exceeding 84 million euros in 2008. (CW Group) The expected revenues represents a 10% year-on-year growth and is 20% above the company target for 2008, director general Mr. Joze... Type: Article Category: Financial Senegal to face excess capacity by 2011 15 December 2008 du Sahel) and SOCOCIM Industries - have embarked on expansion plants which will raise capacity to 5,5 mpta by 2011.The IFC sees this as a threat to what so far has been a viable cement sector. In a recent analysis, the IFC forecasted excess capacity of... Type: Article Category: Markets & Competition Ambuja Cements sees India prices fall 5-10% 11 December 2008 Mr. AL Kapoor, MD, Ambuja Cements, said the company has lowered cement prices by Rs 5-9 per bag. "Going forward, prices will go down by another 5-10%." (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to... Type: Article Category: Volume & Pricing Sichuan sees cement shortage 08 October 2008 Chinese province of Sichuan is expected to see a 45,2 million ton cement shortage in 2009. (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]According to the China Cement... 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