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Vietnam forecasts 11% YoY cement demand growth 08 February 2010 The Vietnamese government continue to forecast steady growth in demand for the cement industry in 2010. Vietnam Business Financial News confirmed the ÔÇ£ministry [of construction] predicted that cement demand in 2010 would be about 50-51.5 million... Type: Article Category: Volume & Pricing India facing 'coal shock' as global supplies dwindle 08 February 2010 don't pre-order their coal requirements in advance due to growing consumption demand from China, a report from the Financial Express said. The country could have a ÔÇÿcoal shockÔÇÖ if power utilities don't get into long term supply contracts. Global... Type: Article Category: Markets & Competition India facing 'coal shock' as global supplies dwindle 08 February 2010 don't pre-order their coal requirements in advance due to growing consumption demand from China, a report from the Financial Express said. The country could have a ÔÇÿcoal shockÔÇÖ if power utilities don't get into long term supply contracts. Global... Type: Article Category: Ports & handling Jamaican cement hikes jack up construction costs 07 February 2010 price increase implemented by local cement manufacturers is pushing Jamaican construction costs up, a report from the Financial Gleaner said. The 7.5% hike is already ricocheting through local builder, which have sent retail prices soaring. Prices have... Type: Article Category: Volume & Pricing Anhui Conch to issue 48 bn yuan worth of notes 06 February 2010 its subsidiaries and improve its energy-saving technological transformation projects, prepay obligations and improve its financial standing. The three year interest notes will carry a coupon interest rate of 4.45%. Conch Vice President and Deputy... Type: Article Category: Financial Andhra shares fall after shares collateralized 05 February 2010 after it was discovered that the entire promoter stake of the fraud-hit Satyam Computers was pledged with various financial institutions.ÔÇØ While the ÔÇ£Securities and Exchange Board of India (Sebi) has since made it mandatory for companies to disclose... Type: Article Category: Financial Aditya Birla to spend $1.4bn to expand operations 04 February 2010 "No final decision has been taken yet. We hope to finalise our expansion plans in a month or two," Adesh Gupta, chief financial offer at Grasim, told the Economic Times. Copyright CW Group. All rights reserved. Unauthorized distribution expressly... Type: Article Category: Markets & Competition Italcementi sales down on weaker global demand 03 February 2010 amounted to 1,158.9 million euro (-14.5%), with revenue growth in Egypt, Morocco and China. The company cited careful financial management and belt tightening measures for a general reduction in company debt, the Italcementi statement said. Copyright CW... Type: Article Category: Financial [CemExec] Tom Box: An overview of the challenges faced by the U.S. Cement Industry 03 February 2010 will be to rationalize sales with the lower levels of demand and to reduce total overall costs.┬á Internally generated financial resources need to be prioritized and maximized through cost reduction andcash management strategies. ┬á CW: What best... Type: Article Category: Features Sephaku close to raising R900m to foot expansion 02 February 2010 that time, Sephaku secured R350m of its R900m. In addition, ÔÇ£Sephaku said negotiations were advanced with a major global financial institution around a $40m (R300m) equity investment into 80%-owned Sephaku Cement,ÔÇØ stated Fin 24. The financial group... Type: Article Category: Financial Egypt's Minister warns of 'difficult year' 02 February 2010 is quite positive, especially in the area of construction ÔǪ.ÔÇØ However, Egypt has yet to rely on domestic markets for financial stability. Before closing, Minister of Trade and Industry Rachid talked to Zawya about the CO2 taxes, addressing his... Type: Article Category: Markets & Competition RMI announces $9.75 mn asset sale to Skanon 01 February 2010 that this asset sale is a vital step to preserve and maximize value for our shareholders given the Company's current financial condition and the state of the industry.ÔÇØ RMI's assets include seven ready-mix concrete plants and two sand and gravel... Type: Article Category: Mergers & Acquisitions Cement consumption in Canary Islands drops 31 January 2010 Local construction numbers down as tourism takes a hit from financial crisis. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}] Cement consumption in the Canary Islands... Type: Article Category: Volume & Pricing Siam City looking to expand 'green' businesses 29 January 2010 expects sales to grow 3-5% in 2010 as it hopes government stimulus projects will drive faster recovery after the global financial crisis. Siam City is 35% owned by Switzerland-based Holcim, and accounts for 28% of the Thai cement market. Local cement... Type: Article Category: Plant Expansions Raysut profits up on higher sales volumes 28 January 2010 in 2009 on higher sales volume, a report from Zawya said. The company announced earnings RO 28.482 million for the financial year ended December 31, 2009, representing a marginal increase over the previous year's earnings of RO 27.107 million. Annual... Type: Article Category: Financial Confidence Cement to double production capacity 26 January 2010 Confidence Cement not only plans to expand its cement production capacity, it plans to double it. The Financial Express reports ÔÇ£Confidence Cement is going for massive expansion doubling its current annual cement production capacity to 500,000 metric... Type: Article Category: Plant Expansions Lucky Cement profits down 2% 26 January 2010 lower prices, leading to lower input costs. Lower interest rates also helped the company repay outstanding debt and lower financial costs, The News report said. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Financial Gresik sales up slightly in 2009 26 January 2010 capacity in the first case and by slower growth this year and especially since it is expected the final resolution of its financial restructuring in the second, El Mexicano. In its weekly report equity, the institution noted that its recommendations to... Type: Article Category: Financial Cemex looks to US market to bouy recovery plans 26 January 2010 repay debts. (CW Group) Mexico's Cemex is banking on a recovering US construction market to help the company regain its financial footing, a report from Excelsior said. According to Carlos Hermosillo, an analyst at Vector Casa de Bolsa, Cemex points out... Type: Article Category: Financial Peru: BTR used to track local cement players 25 January 2010 Roberto Paredes had a conversation with Fernando Llorens, senior Cimpor executive in Spain, requesting information on financial reports and investments. Scotiabank officer Oscar Gazzolo then called Paredes to inform him of the opening of a bank account... 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