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Bío Bío 2006 profits surge 82% to US$89m

Chilean company Cementos Bío Bío saw net profits climb 81.9% to 48.0bn pesos (US$88.8m) last year compared to the 26.4bn

Rival takeover pressures Cemex bid

Cemex is under new pressure to jack up its US$12.8bn ($16.3bn) hostile takeover bid for Rinker after the latest play ...

Heidelberg open offer falls through

The open offer made by the German cement major HeidelbergCement to the shareholders of Mysore Cements Ltd has fallen ...

Morocco to increase investments in cement industry

The Moroccan cement industry has planned to invest 10 billion dirhams (US$1.18bn) for the period 2006-2010 to keep pa...

Cementir unveils 2007-2009 targets

Cementir, the Italian cement group, has set respective revenue and gross operating margin targets of 1.2bn and more t...

Construction investment to increase 70 per cent , Vietnam

Enterprises under the Construction Ministry will implement 493 investment development projects capitalised at over 35...

Plan to expand quarry raises concerns

A cement company’s plan to expand a quarry in Richmond Township has raised concerns about losing farmland and t...

India cement prices harden by Rs 12 per bag

Retail prices of cement have risen Rs12 per bag with effect from Thursday nullifying the finance minister’s move to c...

Taiheiyo Cement liquidates rmc concrete plant

Taiheiyo Cement Corp has confirmed the liquidation of ready-mixed concrete plant Amagasaki Onoda Remicon

Indian expansion leads growth at Holcim

Holcim’s turnover rose by 29.8% in 2006 to SFr23,969m (EUR15,170m) and the operating EBITDA advanced by 31.5% t...