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Cement sales in the UAE slide 11 October 2010 sales slump during the summer months and Ramadan, notes Suleiman. Meanwhile, profits for 11 companies listed in Dubai Financial dropped to 340.3 million dirhams for the first half of 2010, down from 716.2 million in the same period of 2009, a 52.5... Type: Article Category: Volume & Pricing Ambuja to build cement unit in Rajahstan 10 October 2010 in Rajahstan. According to a report from the Hindu Business Line, the company has acquired land to locate the factory. The financial closure, including other details, will be worked out after they decide on the design and allied issues relating to the... Type: Article Category: Plant Expansions Mexico's BMV gives 'high risk' rating for Cemex 07 October 2010 Universal, the cement makers high leverage profile also bodes ill. "We attach high risk rating for Cemex, due to its high financial leverage, the grim recent financial performance and uncertainty in the construction sector demand in several key... Type: Article Category: Financial Akmenes to proceed with modernization program 05 October 2010 agreement with a consortium of local banks soon. The planned modernization was slated earlier, but was delayed due to the financial crisis. "The situation is very uncertain market modernization has been delayed, but we will soon begin construction. And... Type: Article Category: Plant Expansions PIC's writedown on AfriSam larger than expected 04 October 2010 ÔÇ£Since the transaction was concluded in 2008 the local and global economies have slowed significantly, affecting the financial performance of all companies in the cement industry," PIC said. Copyright CW Group. All rights reserved. Unauthorized... Type: Article Category: Financial Cemex to double cement output in Tepeaca plant 04 October 2010 has an installed capacity of three million tons, and Cemex plans to double it in the next two years. Cemex says the financial crisis delayed the implementation of the project, the report said.[/PAID] Copyright CW Group. All rights reserved. Unauthorized... Type: Article Category: Plant Expansions Lafarge Zimbabwe exports drop 36 percent 02 October 2010 half of the year should exceed that of the first half,ÔÇØ Lafarge Cement Zimbabwe chairman Masunda said in an interim financial statement. The statement also said that margins will improve slightly following the cost of equipment and plant maintenance.... Type: Article Category: Markets & Competition China Shuangji appoints interim CFO 29 September 2010 Song, Chairman and President of China Shuangji Cement, Ltd., and will be responsible for managing all of the Company's financial functions including financial management, financial reporting, risk management and managing and overseeing the financial... Type: Article Category: People Morgan Stanley bearish on Cemex outlook 29 September 2010 growth. (CW Group) Morgan Stanley has taken a bearish stance on the outlook of Mexican cement maker Cemex, due to its weak financial position, and an uncertain US economic recovery. According to a report from Smart Trend, Analysts Nick Sebrell, Augusto... Type: Article Category: Financial Lafarge blocked from taking dividends out of Algeria 27 September 2010 with the Algerian government,ÔÇØ a source told Tout Sur lÔÇÖAlg├®rie. Lafarge confirmed the report, but would not discuss financial details of its Algerian operations. The difficulties of Lafarge in Algeria and also Djezzy, an Orascom Telecom... Type: Article Category: Financial Lafarge blocked from taking dividends out of Algeria 27 September 2010 with the Algerian government,ÔÇØ a source told Tout Sur lÔÇÖAlg├®rie. Lafarge confirmed the report, but would not discuss financial details of its Algerian operations. The difficulties of Lafarge in Algeria and also Djezzy, an Orascom Telecom... Type: Article Category: Ports & handling PPC: cement sales have plummeted since 2007 23 September 2010 growth and greater lending by banks. But economic recovery is slow and we understand that SA suffered more from the global financial crisis than many other emerging markets which indicates to us that our medium-term growth is elsewhere,ÔÇØ he said.... Type: Article Category: Volume & Pricing Zimbabwe's Portland solves production woes 23 September 2010 increase over July sales volume. August sold over 30,000 tons against 15,000 tons in July indicating improved production. Financial director for the company, Mr Gavin Stephens believed the sales will cross 40,000 tons in the forthcoming┬á month hinting... Type: Article Category: Plant Expansions FLSmidth risks fines over breach of Securities Act 22 September 2010 Financial intelligence prosecutors accuses company of delay in posting order announcement. [$] (CW Group) The content you tried to access is only available to paid subscribers.Subscribe now Copyright CW... Type: Article Category: Volume & Pricing Cement company in Kenya gets ACAD funding 11 September 2010 Africa to the forefront of the carbon markets and we look forward to working with everyone to achieve this.ÔÇØ Along with financial backing, ACAD is also committed to provide technical assistance. Copyright CW Group. All rights reserved. Unauthorized... 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