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Sri Lanka keen on Birla cement tie to foster competition: minister

Sri Lanka wants to encourage greater competition in local cement production and has given approval for Birla group of...

Saurashtra Cement net up 43% for Mar 2008 quarter

Saurashtra Cement announced a substantial rise in standalone net profit for the quarter ended March 2008.

OCI profit jumps on more contracts

Egypt’s Orascom Construction Industries said its net income in 2007 grew by almost half from the previous year ...

Venezuela Oil Min: some cement companies agree to JVs with state

Venezuela has offered foreign cement companies subject to nationalisation the chance to form joint ventures with the ...

Semapa 1Q net falls due to lack of one-time gain

Portugal’s Semapa said net profit in the first quarter to March dropped to EUR24.4m from EUR47.2m, due to a lac...

Gebr. PFEIFFER AG to supply another MPS Mill to ACC, India

Gebr Pfeiffer AG and its Indian subsidiary Gebr Pfeiffer AG (INDIA) Pvt. Ltd. have been appointed by

Malaysia: slow demand, rising costs to hurt Lafarge

Lafarge Malayan Cement Bhd’s YoY (YoY) cement sales growth rates are expected to decelerate over the remaining months...

UltraTech to set up plant in Gujarat

UltraTech Cement, a member of India’s Aditya Birla Group, has announced plans to invest

Bulgaria’s Devnya Cement to invest in capacity upgrade

Bulgaria’s Devnya Cement, part of Italcementi Group, will invest over EUR250m (US$389m) to upgrade its plant,

China: urban development pushes cement demand up

China’s urbanisation, new rural development and infrastructure investment boost the demand for cement in 2008-2...

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