According to local reports, Venezuela has signed a contract with China’s Catic Beijing, for the expansion of the Cementos Andino plant. The project, which is estimated to take 16 months, will increase the plant’s cement ...
Tags: market view, cement
Automation order for ABB Century Cement, India, has contracted ABB to design, engineer and supply integrated automation and modern electrification systems for its Manikgarh Cement plant. The order, worth US$18 million, comes as part of a ...
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Citadel Capital has announced that ASEC Cement is continuing with capacity expansion plans at the Zahana plant in Algeria following completion of an overhaul at the Zahana Cement Company. ASEC is also due to begin commissioning at a new ...
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Cement results 1Q12 Dangote Cement has released its financial results for 1Q12. The results reveal an 8.9% y/y increase in profit before tax, rising from N27.4 billion in 2011 to N31.6 billion in 2012. Operating profits grew 13.7% y/y to ...
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Asia's naphtha price continued near a 10-month high, on Wednesday, while cracks recovered to a five-session high on firm demand, as per Reuters. Asia's No. 1 naphtha buyer Formosa, seeking H1-April cargoes, is believed to have concluded a ...
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China s State Development and Investment Corporation (SDIC) has continued its plans for international expansion by expressing its intention to invest US$200 million in a new cement plant in Indonesia. The cement plant would be based in the ...
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German cement major, HeidelbergCement and domestic giants including Ultratech and Reliance Cements have reportedly displayed interest in becoming a joint venture partner in state-run Rashtriya Ispat Nigam s proposed Rs. 1000 crore, 3 ...
Tags: market view, cement