The price of cement may remain high, as the promise by producers to bridge the supply-demand gap may take a some time to materialise. A study by Vetiva Capital Management, said Dangote Cement s new Obajana lines and upgrade, commissioned in ...
Tags: market view, cement, price
Iranian Minister of Industry, Mines and Trade, Mehdi Ghazanfari, stated that by 2015, the country s cement output will grow to 110 million tons, reported Tehran Times. Ghazanfari said that Iran s cement output stands at 74 million tons at ...
Tags: industry trends, cement
The Tadawul All-Share Index fell 0.60% Sunday to close at 6, 662.96 points as bellwether share Sabic dived 1.73% to hit a 16-month low at SR85.25. Shares of Southern Province Cement Company add 1.73% to reach SR102.75. Earlier in the day, ...
Tags: market view, cement
Swiss commodities trader Glencore International has announced that it has received approval from the Canadian government for C$6.1bn($6.01bn)acquisition of grain handler Viterra. Glencore,which has been in discussion with the ...
Tags: grain handler Viterra, acquisition, capital expenditures
Following on from other Chinese cement producers, which have reported large slumps in their half year profits, Xinjiang Tianshan Cement Co Ltd, based in the Xinjiang Uyghur Autonomous Region, has announced a first half net profit of ...
Tags: market view, cement
In the first half of 2012, faced with the complicated and volatile economic environment at home and abroad, the CPC Central Committee and the State Council committed to the general tone of progressing steadily, correctly handled the ...
Tags: GDP, grain, ork, beef, mutton, poultry, Industrial Production
In June 2012, the total value added of the industrial enterprises above designated size was up by 9.5 percent year-on-year (the following growth rates of value added are real growth rates, i.e., deducting price factors), decreased ...
Tags: Industrial Production, China, Economy Development, Chinese Economy
AlMuftah Group— one of the country s most diverse and successful Group of companies — is very pleased to announcethe signing of an Exclusive Distribution Contract with Fermacell GmbH, for the supply throughout Qatar of their ...
Tags: market view, cement
A landmark mortgage law approved by Saudi Arabia on Monday would tackle soaring property prices, spur lending and give a strong boost to the economy but it will take time before its full results are felt, a local study said on Wednesday. ...
Tags: market view, cement
Cattle on the Schilke Ranch in northwestern North Dakota, located on Bakken Shale. Photo: Jacki Schilke In a Brooklyn winery on a sultry July evening, an elegant crowd sips rosé and nibbles trout plucked from the gin-clear streams ...
Tags: Agriculture, Food
Sri Lanka s post-war reconstruction and floods have helped boost demand for cement in the country, according to Tokyo Cement. The Sri Lankan and Japanese joint venture said that much of the demand has come from the government s large scale ...
Tags: market view, cement, demand
French cement maker Lafarge SA (LG. FR) is planning to sell a seven-year, euro-denominated bond, one of the banks running the sale said Monday. Initial price guidance has been set in the area of 6.25%. BNP Paribas, Credit Agricole, HSBC, ...
Tags: market view, cement
Egypt-based Suez Cement, the country s biggest publicly traded producer of cement, has delayed a US$248m capacity expansion. The Managing Director of the company, Bruno Carrea, said that the company has postponed additional production lines ...
Tags: market view, cement
CEMENT sales volumes rose by 6, 7% year on year (y/y) to 2, 637-million tons in the first quarter of 2012, data released by the Cement and Concrete Institute (C&CI) on Monday showed. This compared with a 3, 3% rise in 2011 and a 7, 8% fall ...
Tags: market view, cement
Dangote Cement Plc has emerged Forbes Africa top 25 West African listed companies. The event titled, The Top Listed West African Companies" was a celebration of the success of risk takers and job creators. The award covers the top 25 ...
Tags: market view, cement