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Cement prices firm despite monsoons

Cement prices are showing no signs of abatement despite the arrival of the monsoons in some parts of the country. Usu...

Andhra Cements to expand cement capacity

According to GP Goenka, Chairman, Andhra Cements, the company’s Phase I capacity is to be increased to at least...

Holcim to buy UK’s Foster Yeoman

Holcim Ltd said it has made a recommended cash offer, via its UK unit Aggregate Industries, to buy the privately-held...

CIMA and Vicat disagree over control

Cement Industries of Malaysia Bhd (CIMA) said talks to sell a stake in five of its units to France’s Vicat were...

Fortune Cement approves cash dividend

The board of Fortune Cement Corp has approved a regular cash dividend of PHP0.15 a share to shareholders of record at...

Siam City Cement to invest in alternative fuel

Siam City Cement plans to set up a new power plant burning industrial waste, a report in Krungthep Turakij said. Hol...

Lafarge plans to invest more in its Moroccan facilities

Lafarge announced its plans to increase and refurbish its cement manufacturing capacity located in Morocco. The group...

Carpatcement Holding registers higher profits

Carpatcement Holding SA registered approximately Euro 31m in net profit, and Euro 159m in turnover in 2005, Bursa dai...

Lafarge in the race for Himachal

Lafarge is in the running for setting up an Al Sindi cement plant at Himachal Pradesh’s Mandi district. About half a ...

Beer, water and cement tax

Uganda’s Dr Ezra Suruma unveiled a budget designed to encourage savings, create a Ush100 billion ($57.1 million...