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India Cements Q2 net falls 40% on forex losses

India Cements Ltd reported a 40 per cent drop in its July-September net profit, lagging analyst estimates on

Indocement nine-month net profit up 76%

Indonesia’s second largest cement maker, PT Indocement Tunggal Prakarsa, reported on Friday a 76 per cent

Semapa posts 11% profit fall

Portuguese construction group Semapa closed the first nine months of 2008 with a net profit of EUR87m

Lafarge plans to invest EUR100m in French plant

Lafarge unveiled on Wednesday its plan to invest EUR100m to set up a new production line at its plant in the Provence...

Cemex closes German capacity

Cemex is trying to bring capacity in line with the falling demand by three capacity closures in Germany. This follow...

Fitch lowers Cemex issuer default rating to junk

Fitch Ratings reduced its issuer default rating on Cemex SAB to junk status Friday, citing softer-than-expected ope...

Portugal’s Cimpor holds 1.154 per cent of own stock

Cimpor holds 1.154 percent of its owns shares after buying 240,000 shares on Friday, the company said in a statement.

HeidelbergCement declines to comment on takeover rumours

HeidelbergCement has declined to comment on rumours that German entrepreneur Adolf Merckle might carry out a complete...

Saudi Cement Co 9-mo net profit down to USD 130.6m

The net profit of Saudi cement producer, Saudi Cement Company (SCC) dropped to SAR 489.6 million (US$130.6m) for the ...

Residents worry about emissions in cement plant upgrade, US

Residents aired their concerns about emissions coming from the Lafarge Cement plant in Ravena, the biggest mercury po...