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Taiwan cement operational profit grew sevenfold 18 July 2011 H1 earnings up NT $4 bn, on stronger mainland sales. ┬á (CW Group) Taiwan Cement Corp. reported 896 million renminbi or NT$4 billion in earnings from operations in China in the first half, up seven times year-on-year, the CENS said. ┬á The firm, which... Type: Article Category: Financial Sichuan Shuangma downgrades profit forecast 18 July 2011 Firm attributes fall to labor shortage and tighter borrowing environment. ┬á (CW Group) Chinese cement maker Sichuan Shuangma Cement has projected a first-half net profit of 75 to 95 million yuan for a year-on-year increase of 100.15% to 153.52%. ┬á... Type: Article Category: Financial Prism Cement opening new cement, coal plants 18 July 2011 Capacity is expected to exceed 10 mtpa by 2014. (CW Group) India's Prism Cement is on an expansion mode as it opens new cement plants and a coal production facility to supply its fuel requirements, a report posted on Projects Minor said. Prism Cement's... Type: Article Category: Plant Expansions Sinai Cement to shift to fuel oil 14 July 2011 Egypt based firm says disrupted access to natural gas supplies reason for the switch. (CW Group) The Cairo-based Sinai Cement is announced that it would have to use fuel oil for a longer period because of disrupted access to natural gas supplies as a... Type: Article Category: Markets & Competition Lafarge Surma Cement welcomes Court decision 08 July 2011 Firm has been cleared to resume limestone mining operations in Meghalaya, India. ┬á (CW Group) The Supreme CourtÔÇÖs judgement allowing limestone mining in Meghalaya by LafargeÔÇÖs Indian unit Umiam Mining Private is now expected to make a strong... Type: Article Category: Markets & Competition Pakistan to hold public hearing on rubber scrap duties 06 July 2011 Lucky Cement had asked the government to exempt customs duties on imported rubber scrap because of higher energy costs. ┬á (CW Group) Pakistan's National Tariff Commission will hold a public hearing to deliberate whether to accede to Lucky Cement's... Type: Article Category: Markets & Competition ACC, UltraTech report better performance in June 03 July 2011 Shipments for both Indian cement makers rise for the period. (CW Group) Indian cement makers ACC Ltd. and UltraTech Cement performed better in June compared to the same month last year, India Times reports said. ACC, India's second largest cement... Type: Article Category: Volume & Pricing China Resources Cement buys into Inner Mongolia Cement 30 June 2011 China based firm buys 40.6% for $241.65 mm from Goldman Sachs. ┬á (CW Group) Analysts have hailed China Resources Cement's purchase of a 40.6% stake in Inner Mongolia Mengxi Cement for $241.65 mm, a report from The Financial Times said. ┬á ÔÇ£This deal... Type: Article Category: Mergers & Acquisitions Suez Cement profits dip 10% in Q1 14 June 2011 Profits fall despite higher net income from its Torah Cement unit. (CW Group) Egypt's Suez Cement reported its profits fell 10% in the first quarter of the year, a report from Reuters said. For the period, the cement maker says it profits came in at LE... Type: Article Category: Financial Jordan: Residents complain of coal use in cement plant 14 June 2011 Residents in Mafraq file complaint over Al Rahji Cement's fuel use, saying it endangers environment. (CW Group) Some residents in Jordan's Mafraq province have complained against Al Rahji Cement's use of coal to fuel its kiln, saying it poses health... Type: Article Category: Environment Taiwan Cement launches new plant in China 01 June 2011 Guizhou based unit can produce 4 mm tons of cement per year. ┬á (CW Group) Taiwan Cement has launched its new factory in ChinaÔÇÖs southwestern province of Guizhou province, a Tradeland News report said. ┬á The new factory in Anshun will have two... Type: Article Category: Plant Expansions Lakshmi Cement profit drops 01 June 2011 Net sales decline, operating expenditures rise. (CW Group) K Lakshmi Cement reported that incurred a 54.42% drop in its net profit for the quarter ended March 31, 2011 to Rs 31.96 crore due to higher expenditure on fuel and transportation. Net sales of... Type: Article Category: Financial Lakshmi Cement profit drops 01 June 2011 Net sales decline, operating expenditures rise. (CW Group) K Lakshmi Cement reported that incurred a 54.42% drop in its net profit for the quarter ended March 31, 2011 to Rs 31.96 crore due to higher expenditure on fuel and transportation. Net sales of... Type: Article Category: Shipping & logistics Binani Cement de-listed from Indian bourses 31 May 2011 Binani Industries has hiked its stake in cement unit to 95%. ┬á (CW Group) Binani Industries says its cement unit, Binani Cement, has been de-listed from the stock exchanges, after the parent acquired a 95% stake, a report from the Business Standard... Type: Article Category: Financial Tanga Cement expects margins to come under pressure 30 May 2011 Market uncertainties and repairs to its kiln seen to lead to sluggish growth this year. ┬á (CW Group) Tanzania based Tanga Cement sees a choppy 2011, even as it expects business outlook to remain positive, a report from All Africa said. ┬á It notes,... Type: Article Category: Markets & Competition Asia Cement seen to hike earnings 25 May 2011 Rising cement prices expected to boost Taiwanese cement maker. (CW Group) Asia Cement Corp., one of Taiwan's leading cement producers, is seen to significantly improve its earnings due to rising prices of the commodity, a Focus Taiwan report said.... Type: Article Category: Financial Dom Rep clears imported Carib Cement 24 May 2011 DIGENOR says cement meets quality standards, local Carib Cement distributor now mulling charges. ┬á (CW Group) The Dominican Republic's Quality and Standards agency (DIGENOR) says imported cement from Jamaica meets quality standards, a report from... Type: Article Category: Markets & Competition Taiheiyo Cement starts incinerating debris 22 May 2011 Debris left over from killer quake and tsunami in Japan. (CW Group) Taeihiyo Cement's plant in the town of Oohunato Ofunato Akasaki (Andou Kunihiro plant) has started the incineration of factory debris for its production, the first time it operated... Type: Article Category: Markets & Competition Australia issues tougher rules on Cockburn Cement 17 May 2011 Munster plant asked to significantly reduce emissions. ┬á (CW Group) Australia has ordered Cockburn Cement's Munster based unit to dramatically reduce dust emissions, a move that will likely cost the firm at least A$ 20 mm, a report from Business News... Type: Article Category: Environment India: Panel says Nirma Cement plant not ecologically viable 12 May 2011 Report also challenges Nirma's claim that it has already invested Rs430 crore in the construction of the plant. (CW Group) An expert panel in India says Nirma Cement's cement plant proposal in the Bhavnagar district is not ecologically viable, a report... 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