Indonesia: Cement carrier Bunga Melati XV sank in the Celebes Sea near Tagulandang Island. The vessel was carrying 2400 t of cement in 48,000 bags from...
CRH and HeidelbergCement are among a number of defendants named in a US$34.5bn lawsuit brought on behalf of Palestinians by US lawyers in Washington DC. The...
China: Fitch Ratings believes West China Cement Limited’s (WCC, BB-, Rating Watch Positive) weaker operations – as reflected in the 2015 results – is outweighed by...
China: Anhui Conch Cement has reported that its net profit fell by 30 per cent year-on-year to US$1.16bn in 2015. Its revenue fell by 16 per...
Germany: HeidelbergCement has issued a Eurobond after the merger with a value of Euro1 billion and a maturity date of 30 March 2023. The international bond...
South Africa: South African cement company PPC’s sales increased by 2 per cent while they declined in international businesses. Pressure on selling prices has also weighed...
With the state government planning to provide sand free in Andhra Pradesh, builders and customers are upbeat about reduced construction costs in the coming days. According...
The Maharashtra Government is planning to have a new policy to encourage the export of fly ash in a big way. Fly ash, a major by-product...
Lafarge India begins its sale process this week after receiving approval from the Competition Commission of India. The French cement giant has appointed Arpwood Capital and...
Large-sized cement companies such as UltraTech Cement, Shree Cement, Ramco Cement, Orient Cement, ACC and Ambuja Cement may see earnings upgrades in the coming quarters. Factors...
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