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Malaysia: RAM re-affirms rating for Lafarge Malayan Cement 13 April 2011 conservative balance sheet with a gearing ratio of just 0.07 times, and superior debt coverage with respective funds from operations (FFO) and free operating cashflow (FOCF) debt coverage ratios of 2.05 times and 1.95 times," RAM said. For its part,... Type: Article Category: Financial Fuel shortage stalls operations at Yanbu Cement 13 April 2011 content you tried to access is only available to paid subscribers.","link":"1"}]Yanbu Cement has announced operations at three of its cement production lines have stalled because of the lack of fuel. ┬á The three lines can produce 1.46 mm tons annually,... Type: Article Category: Volume & Pricing Taiyuan Mining acquires Valley Longwall 13 April 2011 Australian coal output.ÔÇØ According to VLI, TMG has indicated that it wishes to continue to run the business and its operations under the Valley Longwall brand, Bulk Handling reported. Copyright CW Group. All rights reserved. Unauthorized distribution... Type: Article Category: Equipment & technology Dangote signs $3.8bn deal with Sinoma for new Africa units 12 April 2011 Group) The Dangote Group has announced it will invest $3.9 bn to expand its cement facilities in some of its Africa based operations, a report from the Vanguard said. The contract which was signed in Lagos by the President of Dangote Group, Alhaji Aliko... Type: Article Category: Plant Expansions Kuwait: Lower dispatches for Portland Cement 12 April 2011 income to 15.3 million dinars. According to the Chairman, while the global financial recession continues to affect operations and sales, stability has also been observed in some quarters, though not significantly. High oil prices drove up freight costs... Type: Article Category: Volume & Pricing Kuwait: Lower dispatches for Portland Cement 12 April 2011 income to 15.3 million dinars. According to the Chairman, while the global financial recession continues to affect operations and sales, stability has also been observed in some quarters, though not significantly. High oil prices drove up freight costs... Type: Article Category: Shipping & logistics JK to spend Rs 15,000 crore to expand operations 12 April 2011 JK Organisation says it will invest Rs 15,000 crore over the next four years to expand its operations across tyre, cement, and paper, including a Rs 7,000 crore investment into power generation, a report from Times of India said. ┬á Hari Shankar... Type: Article Category: Markets & Competition Cemex announces changes to senior level organization 12 April 2011 The company said on Monday that it is making changes to its senior level organization. ┬á (CW Group) Cemex' operations are now organized under six regions and the company also appointed executives to lead the company's corporate staff functions. The... Type: Article Category: People Anil Ambani sets sights on Jayajothi Cements 11 April 2011 diversified Jayajothi Group of Tamil Nadu with revenues in excess of Rs 300 crore, the report said. JayajothiÔÇÖs cement operations in Andhra Pradesh include a 3.2 million ton per annum (mtpa) greenfield cement plant and a 2 million ton per annum... Type: Article Category: Mergers & Acquisitions Timken sets Rs 200 crore for expansion in India 11 April 2011 manufacturing, and power transmission industries. ┬á (CW Group) Timken India has set aside Rs 200 crore to expand its operations in India, specifically for its Mahindra based unit, a report from the Business Standard said. ┬á It adds, it will focus in... Type: Article Category: Equipment Binani Cement to start production in Mauritius 11 April 2011 Indian firm is one of two cement firms planning to start operations in the country. ┬á (CW Group) India's Binani Cement is looking to commence production in Mauritius, Bloomberg reports, quoting Le Matinal. ┬á Le Matinal did not cite sources, but says... Type: Article Category: Markets & Competition TurkeyÔÇÖs Limak to put up cement plant in Iraq 11 April 2011 is considering 12 countries, including Albania and Tanzania. It also has an existing cement factory in Libya although its operations are currently suspended.[/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Plant Expansions Africa cement capacity at 207 million tons 10 April 2011 tons per year per production line in Middle Africa to 1.10 million tons in West Africa. Lafarge has the largest number of operations in 14 countries, and every region of Africa. ┬áSixty percent, or about 25 million tons, of the companyÔÇÖs African... Type: Article Category: Plant Expansions Los Altos sees no significant health risks from Lehigh plant 10 April 2011 to confirm findings. ┬á (CW Group) The Los Altos council has announced they see no significant health risks from the operations of a Lehigh Cement unit in the area, but note they are still commissioning an industry expert just to be sure, a report from... Type: Article Category: Environment South Africa: SACMH pulls out of crisis 10 April 2011 The company is back at JSE after resuming operations at its mine. (CW Group) Mining company South African Coal Mining Holdings (SACMH) rode out the difficult years that saw the company struggling with heavy losses and a suspension of its listing in the... Type: Article Category: Ports & handling Namibia: Major cement fraud unearthed 09 April 2011 the employee wrote off stock valued at N$13 million at a time when the company had started preparations to close down operations. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Financial Paraguay: Yguazu relies on imports from Portugal 08 April 2011 a cement factory with an annual capacity of 400,000 tons in Villa Hayes, Chaco at an investment of $ 102 million.┬á Operations are set to commence in late 2012. [/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly... Type: Article Category: Markets & Competition Paraguay: Yguazu relies on imports from Portugal 08 April 2011 a cement factory with an annual capacity of 400,000 tons in Villa Hayes, Chaco at an investment of $ 102 million.┬á Operations are set to commence in late 2012. [/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly... Type: Article Category: Shipping & logistics Buzz: UBS raises share target as S&P revises to negative 08 April 2011 at the EBITDA level and even more in terms of operating profit and net profit, after writedowns of 164 million related to operations in the United States," said UBS. S&P confirms the long-term corporate rating of BBB minus on Buzzi Unicem and its German... Type: Article Category: Financial Lafarge mandates BNP, Citi for sale of plaster ops 08 April 2011 Private equity funds have reportedly considering European operations, but effort underway to look for buyer of entire unit. Read the full story on BmWeek here. 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