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  1. Bamburi Cement's sale of ARM shares ÔÇ£strategicÔÇØ

    and the need to generate cash flow during its regional expansion program.ÔÇØ In addition, the company decided that ÔÇ£rising regional investment in cement also called for diversification by producers,ÔÇØ explained the Daily Nation. Finance director...

    • Type: Article
    • Category: Mergers & Acquisitions
  2. Argos net rises 86% on asset sales

    Colombia's Cementos Argos reported net profits for January - September rising 86% on its divestiture of coal assets. (CW Group) Cementos Argos's profit for the period increased by 86% to $100 million, relative to $54 million in the same period last...

    • Type: Article
    • Category: Financial
  3. Mozambique shortages stops construction work

    to contractors, they have to increase the construction budgets by 20 per cent due to lack of enough cement supply and the rising prices. [/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited.

    • Type: Article
    • Category: Volume & Pricing
  4. Cimerwa finalizes plans to begin construction in 2009

    Construction of Cimerwa's second cement plant to start by the end of 2009. (CW Group) In an effort to meet the rising demand for cement in Rwanda, Rwanda's largest cement company Cimerwa has announced plans to proceed with construction of a second...

    • Type: Article
    • Category: Plant Expansions
  5. Egypt reviews energy needs for new plants

    said the he supports issuing new plant licenses as demand in Egypt is forecast to reach 70 mtpy by 2017, if demand keeps rising at 10% p.a. At that demand level the countrys cement plants would not be able to meet local demand. [/PAID] Copyright CW...

    • Type: Article
    • Category: Plant Expansions
  6. Demand in India seen rising by up to 10%

    The demand in India could grow by as much as 10 percent, as spending continues on infrastructure projects. (CW Group) A senior executive at ACC Ltd, one of the largest manufacturers of building products in India, said, ÔÇ£the demand for cement in the...

    • Type: Article
    • Category: Volume & Pricing
  7. Production costs rising in the UAE

    continues to remain stable, officials at several plants in Northern Emirates and in Fujairah say their production costs are rising, reports Business 24. Sales reports indicate a reduction in demand due to Ramadan although the companies anticipate an...

    • Type: Article
    • Category: Financial
  8. Oyak sees sales flat in 2009

    Oyak Cement, the parent of Unye Cement and Mardin Cimento, said 2009 sales are likely to be flat for 2009 year before rising in 2010. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited.

    • Type: Article
    • Category: Financial
  9. Egypt may grant new plant licenses

    Egyp said on Monday that it may authorize new cement plants if domestic demand keeps rising. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}] Rachid Mohamed Rachid,...

    • Type: Article
    • Category: Plant Expansions
  10. Algeria: Gov't intervening in cement market

    sales price of cement at both the retail and wholesale level, reports Zawya. The move was implemented in an effort to curb rising prices of cement in the region. Shortages in the area had driven the cost of cement up to $20.90 per quintal in June of...

    • Type: Article
    • Category: Markets & Competition
  11. Bamburi reports big jump in profits

    said improved export sales to inland African markets helped improve performance. However, production costs rose by 52% on rising fuel-oil, power and coal costs, inflation, depreciation of the local currency and the poor power quality and supply in...

    • Type: Article
    • Category: Financial
  12. Bamburi reports big jump in profits

    said improved export sales to inland African markets helped improve performance. However, production costs rose by 52% on rising fuel-oil, power and coal costs, inflation, depreciation of the local currency and the poor power quality and supply in...

    • Type: Article
    • Category: Markets & trade
  13. Saudi market volumes rise in July

    Saudi cement sales continue rising; Saudi Cement and Yamama Cement reported their highest monthly sales ever in July 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"}]...

    • Type: Article
    • Category: Volume & Pricing
  14. Saudi market volumes rise in July

    Saudi cement sales continue rising; Saudi Cement and Yamama Cement reported their highest monthly sales ever in July 2009. (CW Group) [PAID={"id":"12,13,14","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]...

    • Type: Article
    • Category: Markets & trade
  15. Analyst: Cimpor 1H net to climb 4%

    Profits at Cimpor are seen rising 4% to 111 million euros for the first half of this year on strong Brazilian, Egyptian and South African cement sales. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to...

    • Type: Article
    • Category: Financial
  16. Taiwan Cement Q2 net surges

    in China to turn profitable this year, helped by growing demand for cement on China's efforts to boost spending, and rising prices for the commodity, Reuters wrote. Taiwan Cement recorded a net profit of T$182 million ($5.5 million) for the first...

    • Type: Article
    • Category: Financial
  17. Pakistan gets first dedicated terminal

    to be ready in 2013. The original plans for the terminal was a capacity of 4 mtpy with an estimated cost of $50 million. Rising cement and coal volumes lead the Port Qasim Authorities to increase the capacity to 8 mtpy, according to the Pakistan...

    • Type: Article
    • Category: Equipment
  18. Pakistan gets first dedicated terminal

    to be ready in 2013. The original plans for the terminal was a capacity of 4 mtpy with an estimated cost of $50 million. Rising cement and coal volumes lead the Port Qasim Authorities to increase the capacity to 8 mtpy, according to the Pakistan...

    • Type: Article
    • Category: Ports & handling
  19. UAE faces rising energy costs and shortage of nat gas

    Cement companies located in the UAE will need to consolidate or vertically integrate as a solution to rising energy costs and a shortage in natural gas. (CW Group) The cement industry in the UAE is fragmented with four trading operations, eight...

    • Type: Article
    • Category: Markets & Competition
  20. Holcim Philippines sees better Q2

    Ateneo de Manila University which was commissioned by Holcim, he said cement demand from the residential segment is seen as rising through 2013. On the other hand, demand from nonresidential or commercial sector was seen as strong in 2009, but may...

    • Type: Article
    • Category: Financial

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