Prices of spot delivered thermal coal cargoes into Turkey slipped Friday, following a lower-priced deal for US material and buyers willing to wait for cheaper prices, sources said. Platts assessed the weekly CIF Turkey 6,000 kcal/kg ...
Tags: Thermal Coal, US Deals
The federal government yesterday announced that the nation s cement industry had attracted an additional investment worth$8 billion,based on the successful implementation of the Backward Integration Policy. The Minister of Industry,Trade ...
Tags: Cement, Cement Industry, Construction
According to a report released by the Ministry of Development Planning and Statistics, the ‘Qatar Economic Outlook 2013 – 2014 Update’, Qatar has seen a 6.2% increase in GDP compared to 2012 due partly to an increase in ...
Tags: Qatar, economic outlook, construction activity, infrastructure projects
Saudi Arabia's cement sector is facing a slowdown in demand due to the knock-on effect that the recent visa crackdown in the Kingdom has had on construction projects. Efforts to boost Saudi employment in the construction sector has led to ...
Tags: Saudi Arabia, cement market, construction projects, shortage of labourers
Tackling excess capacity will be one of the top tasks on China's economic agenda in 2014, as the issue becomes a major challenge to maintaining the pace and quality of economic growth. "The Chinese economy still faces downward pressure ...
Tags: Slashing Capacity, Mineral
The Environmental Protection Agency of the Chinese city of Tianjin has announced that it plans to eliminate 1.4 million mt and 2.29 million mt respectively of outdated steel and cement production capacities in the city before the end of the ...
Tags: Steel Output Capacity, Mineral
Pakistan s main stock exchange closed higher, with the benchmark 100-share index of the Karachi Stock Exchange rising 0.72 percent or 155.17 points to 21,754.95. After peaceful Eid holidays, the beginning of the September result season ...
Tags: Construction, Decoration, cement
With a large number of big ticket projects in the offing and a projected demand supply gap, Qatar could face a serious cement shortage scenario in the near future, cautioned a market analyst.Global Investment House (GIH) research analyst ...
Tags: Cement, Construction
Ecocem has accused the Irish cement industry of failing to align its CO2 emissions with the European Union carbon 2050 roadmap. The producer of GGBS (Ground Granulated Blastfurnace Slag) cement made the comments in a document detailing its ...
Tags: Construction, cement
Maple Leaf Cement, has recorded an abnormal growth in profits, which was driven by higher cement prices, lower coal prices, dipping interest rates and tax reversal. According to a notice sent to the Karachi Stock Exchange, the ...
Tags: Construction, Decoration, cement
The expected price hike in electricity rates is expected to hit the profitability, though very marginally, of those cement companies that solely rely on the national grid power and do not have Waste Heat (WH) technology, compared to those ...
Tags: Cement, Construction
The GCC s cement companies witnessed a double-digit rise in both turnover and profit during the first quarter of 2013 as demand continued to rise. An analysis of the results of the GCC s listed cement companies by Kuwait s Gulf Investment ...
Tags: Cement Sector, Construction
Grupo Abayak AKOGA Cemento cc. has awarded FLSmidth a contract for the supply of a 3000 tpd greenfield cement plant. The plant will be built in Akoga on the mainland of Equatorial Guinea. The contract, which is worth around EUR68 million, ...
Tags: FLSmidth, Cement Plant, Equatorial Guinea
Yanbu Cement Co recorded a net profit of $65.9m (SR: 247m) in the first quarter of 2013 - a 70.4% increase on the same period in 2012. The company attributed the growth due to much higher sales as a result of the start of commercial ...
Tags: Yanbu Cement, Construction
CEMBUREAU has commissioned a study to outline the European cement sector's competitiveness and its part in achieving sustainability and resource efficiency in the region. The recently published report, carried out by the Boston Consulting ...
Tags: European cement sector, cement industry, concrete industry