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Buzzi Unicem acquires 35 per cent stakes in two Algerian

Buzzi Unicem SpA said it is acquiring a 35 per cent stake in Algeria cement company Hadjar Soud for EUR58m and a simi...

Cement plants to raise capacity by 10% to meet demand

Vietnam’s cement plants will raise their capacity by 10% between now and 2008 in order to meet the increasing d...

Cement firm expects industry slump, Philippines

Fortune Cement Corp. expects a decline in sales and demand, or at best, a flat performance for 2006 due to less gover...

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...