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Al Jouf Cement to resume operation at production line 07 October 2013 line stopped to carry out unscheduled maintenance of the furnace and mills. Al Jouf Cement reported then that the financial impact of this stop is estimated at approximately 18 million riyals and that the financial impact of this stop in the financial... Type: Article Category: Markets & Competition Australia's Mackay port reports higher shipments 07 October 2013 year on year. (CW Group) In Australia, the coal port south of Mackay exported about 96.5 million tonnes in the 2012/13 financial year that figure is 13.6 million tonnes higher than the previous year, reports Daily Mercury. North Queensland Bulk Ports... Type: Article Category: Markets & trade South Africa cement sales increased in Q3 06 October 2013 The sales volume for the year to date, at 8.85-million tons, was already 4.2% higher than that sold during the full 2012 financial year.[/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Volume & Pricing Saudi's Yamama Cement posts 9 month profit 06 October 2013 compared to 644 million riyals last year, up 7.61%, reports Al Eqt. ┬á The company said in a statement posted on the financial market that profit for the third quarter of the current year amounted to 148 million riyals compared to 157 million riyals,... Type: Article Category: Financial Korea tightens monitoring of Tongyang Group 03 October 2013 Group currently experiencing serious debt problems. ┬á (CW Group) In Korea, the Financial Supervisory Service (FSS) has strengthened its supervision over securities held by various subsidiaries of Tongyang group, currently in serious debt, to prevent... Type: Article Category: Financial As Seanergy struggles to repay debt, CFO resigns 26 September 2013 CFO resigns as Seanergy struggles to repay debt. (CW Group) In the US, Seanergy Maritime Holdings Corp said chief financial officer resigned and the dry bulk shipper repeated concerns about its ability to stay in business after posting another quarter... Type: Article Category: Markets & trade Eastern Province to begin production of new line in October 25 September 2013 line of specialized types of new cement with effect from 1 October 2013, reports Argaam. ┬á The company predicted that the financial impact to run the line is to increase the companys profits for the year 2014, equivalent to 15 million riyals. The... Type: Article Category: Plant Expansions Price wars erupt in the Ivory Coast 22 September 2013 the post-crisis economic recovery is on a background of fierce competition between the Ivorian cement producers, reports Financial Afrik. ┬á In fact, this year the arrival on the market of the company CIMAF belonging to the Moroccan property developer... Type: Article Category: Markets & Competition Pakistan: Kohat Cement turns in double digit profit growth 19 September 2013 Lower coal prices, financial costs boosted profits for Pakistan based company. ┬á (CW Group) Pakistan based Kohat Cement says profits jumped 59 percent to Rs 2.64 billion in fiscal year 2012-13 (FY13) as against PAT of Rs 1.66 billion in FY12 mainly... Type: Article Category: Financial Higher production of Atlas Iron's shipments 19 September 2013 processing and haulage. ┬á The company also said that its iron ore shipments have reached 2 million metric tons in the financial year to date. Moreover, Atlas Iron also stated that it is on the track to achieve its production guidance of 9.8-10.3... Type: Article Category: Markets & trade Lafarge Morocco reports lower numbers 18 September 2013 year. ┬á (CW Group) The French subsidiary in Morocco of Lafarge Cement Group, reported a decline in all indicators of its financial results for the first half of 2013, reports Agence Ecofin. ┬á The period has been marked by a decline of 10.3 percent in... Type: Article Category: Financial Saudi Al Jouf shutters line for routine maintenance work 18 September 2013 firm says the maintenance work is in agreement with international standards of maintenance and repairs, stressing that the financial impact will be an estimated SAR 18 million. The firm says it will impact on the financial results for the third and... Type: Article Category: Equipment India: Ambuja seeking approval for Holcim deal 18 September 2013 reports the Business Standard. ┬á The transaction was to be executed through a merger of Holcim India, a wholly owned financial arm, with Ambuja. Holcim India currently owns 9.76 percent stake in Ambuja and 50.01 percent in ACC. According to the report,... Type: Article Category: Mergers & Acquisitions JK Cements recruiting workers for its Jammu unit raises eyebrow 17 September 2013 no workÔÇØ, the report said. ÔÇ£The recruitments at such a large scale could prove deleterious for the CorporationÔÇÖs financial health when it is already witnessing slump in its annual turnover,ÔÇØ he said. The posts which were advertised by the... Type: Article Category: Markets & Competition Fitch affirms rating for Central Asia Cement 15 September 2013 GDP growth, strong potential demand in the residential sector and modernization of infrastructure. Despite the improved financial performance, Steppe Cement ratings are constrained by high operative risk, as the group is present only on the Kazakh... Type: Article Category: Volume & Pricing Cimpor consolidates Morocco based units 12 September 2013 two business units at a time when the principal activity of cement is experiencing a slowdown in the country. In purely financial terms, the transaction values ÔÇïÔÇïAsment Temara to 3.4 billion dirhams, with Betocim at 130 MDH (net assets). But under... Type: Article Category: Mergers & Acquisitions Central pool will start wheat exports soon 11 September 2013 purpose is quoting at $230 per tonne, while the milling variety is fetching $240 a tonne, an analyst said. Meanwhile, for financial year 2012-13, about 4.24 million tonnes of wheat was exported from the Government stocks and the average realised price... Type: Article Category: Shipping & logistics Cattalini to expand capacity in Brazil 10 September 2013 commodities such as methanol and gasoline. By 2017, the overall terminal area will be increased to 680m3 from 380m3, local financial daily Valor Econ├┤mico reported. According to the report, the first stage works, budgeted at 240mn reais, entails... Type: Article Category: Ports & handling Baltic Trading acquires new vessels 10 September 2013 of essential commodities and increasing our long-term earnings potential," John C. Wobensmith, President and Chief Financial Officer, said.[/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Shipping & logistics Eco-friendly coal terminal to be set up by Cochin Port Trust 10 September 2013 crore -would be opened on September 20 and the contract would be awarded to the successful bidder by the end of current financial year after getting environmental clearance. CPT has appointed a consultant to complete the procedures required for securing... 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