HeidelbergCement is planning to take a majority stake in its equal joint venture with India’s IndoRama Cement, the Economic Times reported Thursday, quoting HeidelbergCement managing board membe
CashFlowNews.com reports that EBITDA for The Monarch Cement Company for its twelve months ended June 30, 2006 was $30,361,979, a 106 per cent increase over the year earlier same twelve months when Mon
The Pakistan Privatisation Commission on Wednesday signed a share purchase agreement (SPA) with Haji Ghani Usman & Group for transfer of Javedan Cement Limited (JCL) management after one year of biddi
State-owned Vietnam Construction Import-Export Corp., or Vinaconex, will offer shares in the company worth VND650 billion ($40.6 million) via auctions next month, a Vinaconex official said Wednesday.
After the recent consolidation, still more to come! This time, the middle-rung companies are now looking at setting up joint ventures.
Anhui Conch Cement, China’s biggest cement producer, said first-half net profit soared 457 per cent over the same period the previous year thanks to newly acquired assets which boosted its outpu
Holcim , the world’s second biggest cement maker, is expected to report a 34 per cent rise in first-half net profits before minorities, boosted by price increases and recent acquisitions.
At least a dozen investment funds and an industrial group are studying the potential acquisition of building materials group Lafarge’s roofing business, according to reports from La Tribune news
CRH plc, the international building materials group, announces that its US subsidiary, Oldcastle Materials, Inc., has reached agreement to purchase Ashland Paving And Construction, Inc (APAC) for a to
Nigeria’s Adamawa State government has begun fresh discussion with German and Indian investors to explore the possibilities of a joint venture in the establishment of cement manufacturing company in t
The European Commission Friday cleared German cement makers Mibau Holding GmbH, controlled by HeidelbergCement and Foster Yeoman Baumineralien GmbH, to buy German building materials company Figdor Bau
Kenyan Bamburi Cement has defended its controversial shareholding in its main rival East African Portland Cement (EAPC). Mr Michel Pucheros, the managing director of Bamburi Cement, said Larfarge - t
HeidelbergCement subsidiary Cementrum I bv has decided to waive off the conditions for accepting minimum number of shares under the open offer made by it to the shareholders of SK Birla group company
The government will soon offload more of its shareholding in the cement industry to the public through the Nairobi stock exchange, in a bid to certify the requirements of the Capital Markets Authority
TPI Polene Plc has successfully sold capital-raising shares to existing shareholders, according to Prachai Leophairatana, the company’s chief executive.
Akcansa, a major Turkish cement manufacturer, said that it received the antitrust board’s ruling that the company should pay