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Latest News
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Ciment Français to transfer Afyon Çimento shares to CIMSA
Following the announcement that Ciments Français plans to sell its shareholding in the Turkish cement company, Afyon Çimento Sanayii Turk A.S., a share purchase agreement has been executed. The agreement, which has been reached with CIMSA, involves the sale of 51% of the share capital, a total nominal value of TL1 530 000.
Date : 2012/02/17 |
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Cement Consumption in India Witnessing Implausible Growth
Indian housing sector accounts for above 50% of the entire cement consumption and the remaining share is accounted by the infrastructure sector, including roads, power, ports, railways, among others.
Date : 2012/02/17 |
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India:Cement consumption likely to grow by 6.5%
All-India cement consumption is expected to grow by 6.5% in FY12E against 4.4% in FY11 and 10.2% in FY10. The dispatches grew 7% during April 2011-January 2012 mainly led by 15% YoY growth during Nov-Jan. The demand picked up during the period mainly on account of low base and increase in offtake from construction activities post monsoon.
Date : 2012/02/16 |
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Nigeria:Another era of cement surplus is here
Fifty years after, there is a strong indication that the Nigerian economy is heading for an era of cement surplus and there would be left overs for the export market.
Date : 2012/02/16 |
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Cheap cement as Dangote opens $1b plant
Analysts:price crash possible if govt provides infrastructure With plants�� combined capacity of 20 million metric tonnes yearly, the country is on the road to being self-sufficient in cement production. With local consumption hovering around 17 to 18 metric tonnes, there is a surplus of two million metric tonnes.
Date : 2012/02/16 |
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