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CemWeek Daily Newsletter

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Friday, 28 December 2012

enews | daily cement industry update

Industry News

Kenya cement makers in fierce market access war

Newcomer Savannah Cement being hit for enjoying EPZ benefits by its rivals.

Report: Hayel Saeed considers closing Yemen plant

Firm says attempted blackmail by gangs a factor for its troubles there.

Venezuela says it has produced record amount of cement

Government says industry on pace to hit 8.5 mm tons of total production.

IFC to loan money for Iraqi cement project

Lending unit will extend $70 mm for rehabilitation of Karbala Cement plant.

Armenia: Mika Cement may be up for sale

Reports brewing that Hrazdan based plant will be put on the block by its owners.

Cementos Molins sells stake in JV's to Votorantim

Spanish cement maker raises 64 mm euros from the sale of shares in two JV's with Brazil based firm.

Asamer restarts operations in Libya

Firm had been hit by its unit's shutdown in Libya amid unrest there.

Dangote shares rise on positive profit outlook

Firm says it expects profits to increase more than 30%.

Spanish researchers working on CO2 absorbing cement

Researchers trying to use moss, lichens, and algae able to grow on walls.

Spain's Cosmos to lay off 60 workers

Oural Cement plant will be reconfigured to produce specialized cement.

Vietnam's Cam Pha Cement adopts new brand strategy

Company says it has officially deployed a standardized strategy for the brand.

Slow pickup cuts India cement prices

Broker Emkay Financial says unusual December numbers a factor for the slowdown.

In-Depth & Analysis

Raising the Bar - What drives Shree Cement’s success in completing projects on schedule and in budget?

Shree has consistently set the bar higher when it comes to achieving the unthinkable. Applauded for its strong operational performance, the company continues to excel in breaking records for new plant construction and kiln stabilization. What underpins its success? The answer may surprise those looking for the standard matrices of success.

Push for Better Housing Stock - Will it help fuel cement demand?

The housing shortage, combined with the ongoing conversion of housing stock from kutcha to pucca units, could ultimately boost cement demand long-term. The news, while promising, is tempered with the knowledge that significant obstacles still need to be addressed.

Analyst meetings

CW Analytics Webinar | Big thoughts on the Middle East | Dec 11, 2012 at 2:00 PM GMT

Market Data

Research