Cement News tagged: Corporate
Belgium’s GBL raises Lafarge stake slightly
Groupe Bruxelles Lambert , the Belgian holding company controlled by the families of Albert Frere and Paul Desmarais, said on Wednesday it had slightly increased its stake in Lafarge.
Mexican stocks up, driven by Cemex
Mexican stocks rose to a fresh all-time high in slow, early trade last Thursday as cement maker Cemex gained on recent signs of strength
Pakistan’s Pioneer makes steady gains
Pioneer cement company of Khushab has made steady progress in operating and financial results. The installed capacity of the plant i
Italcementi acquires Shaanxi Fuping Cement
Italcementi Group and Guangyu Group singed a cooperation memorandum on December 23rd in Hong Kong for the acquisiti
Indonesia shares may rise appreciably in 2007
Analysts say the Jakarta Stock Exchange’s main index may climb as much as 15% next year as the rally in Indonesian shares continues, underpinned
Adana Cimento plans investments for 2007
Turkish cement producer Adana Cimento will allocate 46.455 mln Turkish lira (US$32.6m) for investments in 2007, the company said on December 26, 2006.
Cementhai sets its sights on home-renovation market
Cementhai Building Products, the building materials flagship of the Siam Cement Group (SCG), is taking aim at the home renovation market by expanding its building product system centres, said presid
Asahi Danke to Go Private via MBO
Japanese cement maker Asahi Danke Co. said Tuesday its management team will take the company private through a tender offer. A special purpose company set up for the management buyout will purchase
HeidelbergCement eyes GSCL
In a manner identical to a previous deal in which HeidelbergCement AG acquired Mysore Cement, the German major is close to acquiring the controlling stake in Gujarat Sidhee Cement Ltd (GSCL). As a pre
Buzzi reports progress with Dyckerhoff takeover
Buzzi Unicem reports that, by Wednesday, its improved takeover bid for the German building materials group Dyckerhoff had g
Birla offloads entire stake in Mysore Cement
Bangalore-based SK Birla group company Birla VXL offloaded its entire stake, representing 2.62 per cent in Mysore Cement in an open market transaction. Mysore Cement in a filing on the Bombay Stock Ex
Kuznetsk Cement Plant to provide investment funding
Caspian Resources (Kazakhstan), which recently bought 100% of the shares of Kuznetsk Cement Plant (Kemerovo region) will invest
Heidelberg Mediterranean requests tender call exemption
Heidelberg Cement Mediterranean Basin Holding has applied to the capital markets board for an exemption from launching a tender
SCC cuts power costs
Siam Cement Plc (SCC), Thailand’s largest industrial conglomerate, plans to spend 1.96 billion baht on power generators to help reduce energy costs
Oyak’s Bolu puts more into cement
Bolu Cimento, part of the Turkish Oyak Group, plans to invest 6.1 mln lira (US$4.3m) in 2007, as production is forecast at 1.8Mt of
Development Board supports Holcim expansion
The Waitaki Development Board in New Zealand has come out in support of a proposed cement plant at Weston, citing the economic benefits. Chief executive Mark Jurisich said the "silent majority" mi