c- one of the biggest cement companies in the Kingdom - has announced plans to rehabilitate two kilns at its Hofuf factory. The company, which recently announced a 4.5% increase in first-quarter profits to $90.7m, had already re-opened ...
Tags: Cement, Construction
Egypt s Shura Council housing committee (upper house of parliament) suggested imposing mandatory pricing on the country??s cement firms on Thursday, following recent cement price hikes made by main cement companies of the market, as the ...
Tags: Cement, Construction, Decoration
The Ministry of Industry and Foreign Trade announced on 9/3/13 taking measures to curb cement price hikes following meetings held by Minister of Industry and Foreign Trade Hatem Saleh with cement companies with the aim of controlling the ...
Tags: Ministry of Industry and Foreign Trade, cement price, cement industry
Najran Cement, one of the newest cement companies quoted on Saudi Arabia s stock exchange, recorded a 14% decline in profit for 2012 of $53.9m (2011: $62.6m), according to newly-filed figures. The company blamed the drop on a number of ...
Tags: Najran Cement, Saudi Arabia, cement industry
Cement stocks have fallen sharply this week. In an interview to CNBC-TV18, Deep Mukherjee of India Ratings says he expects the cement sector to grow in the range of 5-8 percent for calendar year 2013. Below is the edited transcript of ...
Tags: Cement stocks, India, cement, cement industry
Business Line reported that cement industry in Andhra Pradesh has been pushed into a state of uncertainty in 2012 by price volatility,demand blues and power cuts. The industry captains seem to be more worried about infrastructural ...
Tags: AP Cement Industry, Andhra Pradesh
Cement prices in India have dropped around 6% since June this year. The dip in cement prices can be attributed to a slowdown in construction and the Competition Commission of India (CCI) order that penalized 11 cement companies, accusing ...
Tags: cement prices, India, June, dip
Economic Times reported that AIA Engineering's growth will boost with it gradually gaining traction in the mining and power industry. The company is in a very niche business of manufacturing of impact abrasion and wear resistant high ...
Tags: AIA Engineering, mining, power, cement companies
Many citizens attribute the recent shortage of cement and 20 percent hike in its price to a new expatriate fees ordered by the Ministry of Labor. There has been no arrival of cement to the Jeddah market for the last three days ...
Tags: cement shortage, shortage, cement price, cement market
The Saudi stock exchange s cement index climbed almost 6% yesterday to smash the 4,000 mark for the first time in almost seven months, with some suppliers making the biggest gains of the year. The measure for the companies selling the ...
Tags: Cement, Yamamah Cement, Qassim Cement, Yanbu Cement
Economic Times reported that cement prices in November saw corrections in most of the regions with central, eastern and northern regions bearing most of the brunt. Hyderabad surprisingly was an exception to the fall in price. Cement ...
Tags: flat MoM cement, cement, Economic Times, sand
Pakistan's largest cement maker and exporter Lucky Cement Ltd has evinced interest in setting up a manufacturing plant in India in the first such overture since New Delhi allowed foreign direct investment (FDI) from its western neighbour ...
Tags: cement maker, Lucky Cement, economic ties
Steel manufacturer CSN has announced plans to set up four cement assets in Minas Gerais state. The company wants to grow its current cement production capacity of 2.4Mt/yr to 5.4Mt/yr with an investment of US$491m. CSN has proposed setting ...
Tags: market view, cement
Egypt s cement market has witnessed an increase that has caused resentment among wholesalers. "Since before the Eid holiday, cement producers have been pressing to increase price per tonne, " cement wholesaler, Khairy El-Batrawy said. ...
Tags: market view, cement
The newest of Saudi Arabia s Cement Companies to be quoted on Saudi Arabias stock exchange, City Cement, announced a 31% increase in net profits for the nine months to September 30 to $53.2m (SR: 199.45m). The Riyadh-based company floated ...
Tags: market view, cement