India Cements Ltd, a private cement firm, has signed a deal with the Himachal Pradesh government today to set up a Rs 750 crore cement plant. The MoU was signed by representatives of both the parties.
Cement firm Holcim Philippine Inc. has agreed to peg the retail price of a 40kg bag of cement at P178 here, the Department of Trade and Industry, regional office announced on Wednesday. The agreement
State-owned Semen Gresik should get first refusal on purchasing shares in the local company being sold by Cemex, Indonesia’s Vice President Jusuf Kalla said Friday.
India’s Zuari Industries is set to sell its 50 per cent stake in Zuari Cement to Italcementi for Rs 500 crore. The deal is expected to be finalised by the company’s board in its meeting on
Kamal Cement & Infrastructure Ltd has proposed setting up a 2Mt (in two phases of 1Mt each) cement plant in the Satna district with an investment of Rs 1,000 crore.
The State Bank of Pakistan (SBP) has issued guidelines to the banks for disbursement of freight subsidy for import of cement.
India’s government has asked a body representing cement manufacturers to explain a recent spike in prices and suggest ways they could be moderated, an official said on Wednesday.
The 51 per cent government-owned Oman Cement Company (OCC) yesterday reported a 16 per cent jump in its net profit at RO4.943m for the first quarter of 2006. Sales rose to RO11.126m in Q1 2006 compare
Jamaica is sending a four-member delegation to Cuba on Thursday [11 May] to finalise arrangements for the shipment of 64,000t of cement in the wake of a protracted shortage on the island.
Australia’s biggest building materials maker Rinker Group Ltd is fishing for acquisitions as spending on commercial building and infrastructure in the fastest-growing American states keeps a hou
The widely publicised decision by Cemex, to sell its 25 per cent stake in publicly listed PT Semen Gresik (SG), Indonesia’s largest cement company, to local business conglomerate Rajawali isa ve
Double-digit cement demand growth continues according to Pretoria Portland Cement Ltd (PPC) who released their interim results for six months to March.
Lafarge said it will build a new cement factory in Aceh with an annual production capacity of 1.6Mta to be operational in 2008.
Orascom Construction Industries announced that it was awarded a US$40m subcontract by F.L.Smidth of Denmark, a leading global equipment supplier, for the supply of steel structures and plate work in a
Andhra Pradesh-based Rain Commodities is said to be looking at either partially divesting its stake in its cement business to a strategic partner or entirely selling off the 1.5Mt cement unit, accordi
Indian companies shipped 13Mt of cement in April, up 10.2 per cent from a year ago, an industry body said on Wednesday. Production in April w