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China to conduct stress tests on cement firms 08 August 2010 tests will simulate a 60% dip in housing prices, the report said. "The banking system has made quite a lot of loans to industries upstream and downstream from the real estate market and their risks are intimately connected to the real estate market,"... Type: Article Category: Financial Report: Gresik going after Malaysia's CIMA 08 August 2010 to paid subscribers.","link":"1"}] Indonesias state owned cement maker Gresik has made a to acquire Malaysias┬á Cement Industries Malaysia Berhad (CIMA), a report from Investor Daily said. According to the report, the firm bid Rp4-5 trillion to buy... Type: Article Category: Mergers & Acquisitions Marubeni, Kawasaki secure Y1bn Turkey order 07 August 2010 waste heat power generation equipment to cement plant in Turkey. (CW Group) Marubeni Corporation and Kawasaki Heavy Industries Group Co have clinched a deal for a cement waste heat power generation system from Turkey's Cimsa Cimento Sanayi, according to... Type: Article Category: Equipment India: New policies may hit Madhya Pradesh 03 August 2010 material to cement industry. (CW Group) Industrial policy in Madhya Pradesh is likely to hit new investment in various industries, particularly cement and soya industries, a report from Sify said. Madhya Pradesh is the third largest cement producer in... Type: Article Category: Markets & Competition India needs to double coal growth 02 August 2010 Ltd., will import 400,000 metric tons of coal from South Africa to fill orders for cement makers ACC Ltd., Grasim Industries and Jaypee Cement, reports Bloomberg. 200,000 tons will go to ACC, IndiaÔÇÖs largest cement manufacturer, and the remaining will... Type: Article Category: Markets & Competition India needs to double coal growth 02 August 2010 Ltd., will import 400,000 metric tons of coal from South Africa to fill orders for cement makers ACC Ltd., Grasim Industries and Jaypee Cement, reports Bloomberg. 200,000 tons will go to ACC, IndiaÔÇÖs largest cement manufacturer, and the remaining will... Type: Article Category: Ports & handling Chinese in the running for Habesha 30 July 2010 in Ethiopia wrote, the Ethiopianreporter.┬á The final set of contenders for this project narrowed down to Northern Heavy Industries (NHI), Hefei Cement Research and Distribution Institution (HCRDI), Chendu Design Institute (CDI) and SINOMA.┬á Mesfin... Type: Article Category: Plant Expansions Samruddhi quarterly profit at Rs 315 crore 28 July 2010 part of India lower for the period, due to over capacity. (CW Group) India's Samruddhi Cement, the cement unit of Grasim Industries, says its profits for the quarter ended June 2010 stood at Rs 315 crore, a report from the Economic Times said. Net sales... Type: Article Category: Financial TXI issues $600 mm senior notes 28 July 2010 Company to use proceeds from the sale to purchase outstanding debt through a tender offer. (CW Group) TXI or Texas Industries, Inc. recently announced that it has launched an offering for $600 million of senior notes due 2020. According to a report by... Type: Article Category: Financial S&P, Moody's cut ratings for Texas Industries 27 July 2010 debt. (CW Group) Credit rating firms Standard and Poor's and Moody's have each downgraded their credit profile for Texas Industries, a report from Bloomberg said. This, after the company announced it was raising $600 mm in fresh debt.The cement producer... Type: Article Category: Financial Indian cement makers turn to alternative fuels 25 July 2010 from the Economic Times said. ┬á Rubber tyres and rice husk are being used as substitutes for fuel. Firms like Grasim Industries, ACC, Shiva Cement have started using alternative fuels in their plants. ÔÇ£As coal prices are rising, there is no other... Type: Article Category: Environment Germany: No plans to withdraw eco tax 25 July 2010 Electricity intensive industries to be exempted. (CW Group) Mr. Wolfgang Sch├ñuble, the Federal Finance Minister plans to continue with the eco-tax rebates for the benefit of electricity dependant industries while the industries that fell under the... Type: Article Category: Financial Despite price disparities, Carib Cement denies dumping 22 July 2010 because, as defined by international trade rules, dumping exists only where the import could injure domestic industries. The revelation of possible dumping comes in the midst of attempts by Carib Cement to block importers to Jamaica for what the company... Type: Article Category: Markets & Competition Despite price disparities, Carib Cement denies dumping 22 July 2010 because, as defined by international trade rules, dumping exists only where the import could injure domestic industries. The revelation of possible dumping comes in the midst of attempts by Carib Cement to block importers to Jamaica for what the company... Type: Article Category: Markets & trade Malaysia: CIS to build plant, increasing storage 22 July 2010 to paid subscribers.","link":"1"}] The RM35 million silo will see completion in a yearÔÇÖs time confirmed Cement Industries Sabah (CIS) CEO, A.M. Yusof Abd Razak. The proposed silo will raise the storage capacity from ┬á700,000 metric tons ┬áto 1... Type: Article Category: Plant Expansions Texas Industries reports loss, allows Sawiris 20% stake 20 July 2010 company announced a net loss of $38.9 million, compared to a net loss of $17.6 million for the same period in 2009. Texas Industries also agreed to offer Nassef Sawiris an opportunity to acquire a 205 stake in the firm by changing the expiration date of... Type: Article Category: Mergers & Acquisitions Nigeria: Finance chief slams continued cement imports 20 July 2010 sector. How old is the liberalisation of the telecommunications sector and you can see that the manufacturing industries had been there even before independence," he said. Copyright CW Group. All rights reserved. Unauthorized distribution expressly... Type: Article Category: Markets & Competition Nigeria: Finance chief slams continued cement imports 20 July 2010 sector. How old is the liberalisation of the telecommunications sector and you can see that the manufacturing industries had been there even before independence," he said. Copyright CW Group. All rights reserved. Unauthorized distribution expressly... Type: Article Category: Markets & trade Malaysia: CIMA new line confirmed 19 July 2010 content you tried to access is only available to paid subscribers.","link":"1"}] Cement Industries of Malaysias parent, UEM Group, said that the company plans to add a new RM800 million line in Bahau, Negri Sembilan. UEM Group group chief Datuk Izzaddin... Type: Article Category: Plant Expansions Lafarge Nigeria draws on independent power 17 July 2010 CEO of Shoreline Power advocated total liberalization in NigeriaÔÇÖs power sector to combat the challenges faced by many industries reliant on the erratic power supply. He said the current regulation and monopoly of power sector hinders private... 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