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Russia’s Basic Element mulls purchase of plants in China

BaselCement, which manages the cement business of Oleg Deripaska’s Basic Element (BasEl), is considering

GCC: profit down 41.8% in 1Q08

Mexican cement maker Grupo Cementos de Chihuahua (GCC) reported a 41.8% fall in profits to MXP167m (US$15.9m) in the...

Colombia’s Cementos Argos mulls sale of coal mine assets

The board of Colombia’s largest cement maker, Cementos Argos SA, authorised the company’s

Cemex CEO says company’s Venezuela exposure small

Mexican cement maker Cemex SAB isn’t overly exposed to a nationalization of its Venezuela operations because it...

ACC, Ambuja Cement merger ruled out

Putting to rest speculation about a merger of ACC and Ambuja Cement, the managing director of ACC has ruled out any s...

Thailand’s Siam Cement to issue US$158m debt

Siam Cement SCC.BK, Thailand’s top industrial conglomerate, said on Friday it plans to raise an additional

Ambuja Cements aims to double capacity in five years

Ambuja Cements, a part of the Holcim group, is planning to double its capacity to 35Mt in the next five years.

Indonesia’s Gresik posts 38 per cent rise in net profit

The net profit of state-owned cement maker PT Semen Gresik shot up 38% to Rp455.29bn (US$50m) in the first quarter of...

India’s cement prices seen stabilising

India’s cement prices are expected to stabilise, the junior industry minister told

Shortage of cement on Guam hinders construction projects

A shortage of cement on Guam is hindering the completion of a number of local construction projects.

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