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Xishan Coal to form cement JV 26 October 2011 tons of cement per year. According to the report, annual profit contribution is expected to total 115 million yuan on revenue of 443 million yuan. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Markets & Competition Navios releases Q3 results 25 October 2011 Company posts EBITDA increase of 24% and 26% revenue increase. ┬á (CW Group) Navios Maritime Partners L.P. has released its third quarter operating results that showed strong performance reports Maritime Executive. The company reports that its EBITDA... Type: Article Category: Shipping & logistics Brazil: Imports from Middle East rise 24 October 2011 country imported 247,000 tons of product from January to September, a volume 12 times greater than the same period in 2010. Revenue rose from $ 2.3 million to $ 15.1 million, up 556%, according to the Ministry of Development, Industry and Foreign Trade... Type: Article Category: Volume & Pricing Star Bulk Carriers Corp. inks contract for Supramax vessel 24 October 2011 of 55,425 dwt built in 2003. The new contract will contribute at least $4.5 million to a maximum of $5.6 million in gross revenue. The vessel is expected to be delivered to Cargill this month. Copyright CW Group. All rights reserved. Unauthorized... Type: Article Category: Markets & trade Grasim Industries up in Q2 on stronger cement numbers 23 October 2011 unit, a report from MSN said. The company''s Q2 net profit stood at Rs 323 crore in FY11, Grasim said in a statement. Total revenue for the quarter grew 28% to Rs 5,774 crore compared to Rs 4,503 crore in the corresponding quarter last year. However,... Type: Article Category: Financial Tunisia's SCE given BBB outlook 21 October 2011 a 27 percent market share and its vertical integration ready-mix concrete. The ratings are further supported by sustained revenue and operating cash flow growth, driven largely by a positive price trend. The local cement industry benefits from annual... Type: Article Category: Financial Qatar National Cement reports 13% in Q3 net profit 21 October 2011 Core earnings slip, as revenues decline 11%. (CW Group) Qatar National Cement says its profits fell 13% in Q3 to QR329.13mn, as its revenues fell, eroding its core earnings, a report from the Gulf Time said. Revenue shrank 11% to QR737.96mn but cost of... Type: Article Category: Financial Essar Group to develop Mozambique port 21 October 2011 iron ore, said a senior analyst with a domestic brokerage that tracks Essar Ports. At present, 98 percent of Essar PortsÔÇÖ revenue comes from Essar Group companies. The company plans to scale up its third party business as well. Essar Africa Holdings... Type: Article Category: Ports & handling UltraTech posts higher revenue growth in Q3 20 October 2011 Higher cement prices boost company's haul for the period. (CW Group) India based Ultratech has reported a 21.6% rise in revenue growth for Q3, driven by higher prices of cement, a report from Business Standard said. From Rs 228 for a 50-kg bag in the... Type: Article Category: Financial CPT mulls niche markets 20 October 2011 Chennai. The port would use the free docks under CPTÔÇÖs control to handle oil tanks and also other clean cargos to boost revenue. It can also petition the government to provide them business in the form of fertilizer handling, which is a regulated... Type: Article Category: Markets & trade CRH's prospects tied to global economic recovery 19 October 2011 demand from the private sector is key moving forward, we think CRH's (CRH) growth prospects remain intact, given the firm's revenue diversification through residential, commercial, and infrastructure activities, and healthy balance sheet. Although... Type: Article Category: Markets & Competition Great Lakes shipping seen as job generator 19 October 2011 from a large number of jobs the industry also generated $14.1 billion in annual personal income, $33.5 billion in business revenue, and $6.4 billion in local purchases; and added $4.6 billion to federal, state/provincial, and local tax revenues.... Type: Article Category: Markets & trade Gresik sees Q3 revenues growing 10-12% 18 October 2011 Company expects lower growth rate because of cost increases. (CW Group) Indonesia's Gresik expects its revenues to increase between 10-12% in Q3, a lower growth rate than last year because of higher input costs, a report from Okezone said. Semen Gresik... Type: Article Category: Financial DP World to strengthen partnership with India 13 October 2011 DP World operates more than 60 terminals across six continents, with container handling generating around 80 percent of its revenue. In addition, the company currently has 10 new developments and major expansions underway in 10 countries. Copyright CW... Type: Article Category: Markets & trade US Congress passes free trade pacts 13 October 2011 generate economic growth and U.S. jobs. The agreements are expected to generate roughly $13 billion in additional export revenue, with approximately $11 billion of the total flowing to South Korea. Taken together, the three deals represent the largest... Type: Article Category: Markets & trade Kazakhstan's Steppe Cement turns in better Q3 numbers 13 October 2011 Revenues increase 40% for the period. (CW Group) Kazakhstan based Steppe Cement says revenues hit KZT5,646 million, 40% higher than the corresponding quarter in 2010, a report from Stock Market Wire said. For the 9 months ended 30 September 2011,... Type: Article Category: Financial Higher costs, low demand put the squeeze on India cement firms 11 October 2011 net price realisations by 2-4% feel industry experts, the report said. According to analysts, the sector will see a revenue decline of around 12% quarter-on-quarter (Q-o-Q) and industry EBITDA is also likely to see a dip of around 40% as companies have... Type: Article Category: Markets & Competition Penang Port plans new tariffs 11 October 2011 Container Terminal comprises full container load cargo, which is expected to generate 75 percent of Penang Port's revenue this year compared with about 65 percent in 2010. Apart from the company, Port Klang and Johor Port have also submitted their... Type: Article Category: Markets & trade Ethiopia: Huangshan, CH Clinker sign coal supply deal 10 October 2011 The company says the agreement broadens the companyÔÇÖs customer base and facilitates the growth of the companyÔÇÖs revenue and profitability within China. The company is also negotiating long-term off-take contracts for anthracite and coking coal with... Type: Article Category: Markets & Competition Pakistan cement sector returns to profit 09 October 2011 in fiscal 2010.┬áSales volume declined but a 32% increase in prices was enough to push the industry into profits. Sales revenue of cement manufacturers recorded an upsurge of 14% to Rs115.6 billion in fiscal 2011 against sales of Rs101.8 billion in... 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