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Financial results in sharp decline for Rayonier 29 October 2013 Shares of Rayonier fell the most in almost five years after a company executive said prices for the commodity may decline amid plentiful global supplies, reports Bloomberg. ┬á Its shares dropped 15% to $46.67 at 12:18 p.m. in New York. Earlier, the... Type: Article Category: North America Colombia cement production increased in September 27 October 2013 Shipments increased by double digits for the period amid stronger demand[$] ┬á (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Colombias DANE says gray cement production in... Type: Article Category: Volume & Pricing India: ACC has reported lower profits 23 October 2013 to Rs.118.90 crore for the three months ended 30 September, reports Live Mint. ┬á The firm says the market remained sluggish amid the economic downturn. ÔÇ£Reducing profitability during the quarter is attributed to sluggish market conditions and lower... Type: Article Category: Financial Holcim, Cemex deal to go through EU probe 20 October 2013 reported. ┬á Holcim and Cemex unveiled in August plans to exchange some assets and combine others in Europe to boost profit amid tough conditions in the construction sector. "The European Commission has accepted a request from Spain to assess under the... Type: Article Category: Mergers & Acquisitions Southern Cement takes delivery of imported clinker 16 October 2013 Firm says it is the continuation of program to increase production amid higher demand. ┬á (CW Group) Saudi based Southern Cement says it has taken delivery of a fresh batch of imported clinker, a continuation of the implementation of the agreed program... Type: Article Category: Markets & Competition Baltic Index down as demand falters 15 October 2013 subscribers.","link":"1"}]In the US, the Baltic Exchanges main sea freight index, fell for the fourth straight day on Monday amid lower demand for capesizes, and panamaxes, reports Reuters. The overall index, which factors in the average daily earnings... Type: Article Category: Shipping & logistics Syrian shipping companies struggling amid conflict 10 October 2013 Riskier operations make for lower yields for local companies.[$] ┬á (CW Group) [PAID={"id":"12,13,14","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]In Syria, war and sanctions are taking an increasing toll... Type: Article Category: Markets & trade More layoffs loom for FCC workers in Spain 09 October 2013 Cementos Portland has submitted new plan to cut more jobs amid low demand ┬á (CW Group) Portland Valderrivas has submitted a dossier of temporary employment regulation for a total of 620 workers at the cement company, union sources told EFE. ┬á This... Type: Article Category: People Moving 300 MT coal for fast-track rail projects 01 October 2013 fast-tracked at the highest level will ensure transportation of 300 million tonnes (MT) of additional fuel to consumers amid shortages being faced in the country, Coal Ministry has said. ┬á Coal India Ltd (CIL) has maintained it has potential for... Type: Article Category: Markets & trade India's Birla sets down strategy for growth in tough times 25 September 2013 to acquire Jaypee Cement's 4.8 million-ton cement plant in Gujarat is seen as part of the cement maker's strategy for growth amid tough times, reports the Business Standard. ┬á UltraTech Cement's domestic capacity will rise to 56 MT, and with more... Type: Article Category: Markets & Competition Thatta Cement upgrading plant amid tough times 22 September 2013 Pakistan based company believes demand will pick up.[$] ┬á (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]In Pakistan, stagnant demand and huge idle capacity utilization... Type: Article Category: Plant Expansions Mitsui and Brazil bought 35.9% in Vale's cargo unit 20 September 2013 selling assets, suspending projects and focusing on its more profitable iron-ore business in a bid to recover profit margins amid lower commodities prices. The VLI unit, which controls ports, terminals and more than 10,000 kilometers (6,215 miles) of... Type: Article Category: Markets & trade JK Cements recruiting workers for its Jammu unit raises eyebrow 17 September 2013 Firm has taken criticism on new recruits amid slump. ┬á (CW Group) India based JK Cements has taken criticism for its decision to appoint around 100 persons for its upcoming plant at Samba in Jammu, reports Greater Kashmir. The recruitment process,... Type: Article Category: Markets & Competition Sinai Cement unit resumes production 15 September 2013 Egypt-based company was forced to shut down last month amid security concerns. (CW Group) Sinai Cement Company says its plant in Jebel Lubna North Sinai governorate is currently working and that production rate is similar to what it was before the... Type: Article Category: Markets & Competition Caribbean states looking to monitor cement trade 13 September 2013 ┬á (CW Group) Eastern Caribbean countries are now looking to set up mechanisms to monitor the cement trade in the region, amid frequent shortages in the area, reports Caribbean 360. ┬á This is due to frequent shortages in supplies which they say are... Type: Article Category: Markets & Competition Paraguay's INC assures cement supplies adequate 11 September 2013 this year. (CW Group) Paraguay's INC says there will be no shortage of cement in the market for the remainder of the year, amid concerns from the construction sector because of the limited stock of fuel oil in state enterprises, reports ABC. In a... Type: Article Category: Markets & Competition Portugal's Semapa posts lower H1 profit 04 September 2013 Company's EBITDA fell amid a sales crunch. ┬á (CW Group) Semapa's profits fell in the first half of this year by 52.3% to 39.3 million euros compared to the same period, resulting in a decline in EBITDA and a worsening of the financial results, reports... Type: Article Category: Financial NCSP's 13.9M profit for the 1st half of 2013 30 August 2013 last year, respectively. ┬á Such dynamics is due to the redistribution of oil volumes between different export destinations amid falling oil exports from the Russian Federation, as well as the virtual absence of grain exports in the first half of the... Type: Article Category: Markets & trade Vale may benefit by allowing larger vessels 30 August 2013 iron ore via its growing fleet of giant carriers. ┬á Chinese shipowners have strongly opposed access for Vale's mega ships amid concerns they could worsen a shipping glut and steal market share, but their use would cut shipping costs of the raw material... Type: Article Category: Markets & trade Pakistan cement industry rubbishes quality allegations 29 August 2013 Industry set to export more of its goods to South Africa, amid quality concerns. (CW Group) A Pakistani official says the cement industry will increase exports to South Africa, Business Day reported. Qamar Zaman, commercial secretary at the High... 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