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India’s Sanghi Industries to raise INR15bn, India

Sanghi Industries Ltd. said on Thursday its board had approved raising up to IDR15bn ($333m). The issue could be thro...

Steppe Cement Chairman to stand down

Steppe Cement said Wednesday its Chairman, Azmi Wan Hamzah, is to stand down from the board following the Company&rsq...

Refund of ST on cement export not to be allowed, Pakistan

The Central Board of Revenue (CBR) disallowed on Thursday the refund and adjustment of sales tax and rebate of excise...

Japanese firm wins contract at cement plant in Vietnam

Ishikawajima-Harima Heavy Industries Company of Japan signed a contract with the Bim Son Cement Company on April 27 t...

Mexico’s Cemex eyes China, India, Brazil, Russia

Cemex has reportedly set its sights set on new business in four of the world’s largest nations – China, India, ...

Grasim rules out cement price rise

Grasim said that cement prices will no longer ride north but stabilise at the present levels. “Going forward, I see t...

Gresik net profit forecasts, Indonesia

Indonesia’s PT Semen Gresik expects 2006 net profit to increase by up to 20% on year because of higher sales, i...

Ultratech investment plans

India’s largest cement maker Grasim Industries, along with its subsidiary UltraTech Cement, is planning to invest aro...

Inquiry begins into sale of Glen Ding woodland to CRH

An inquiry into the sale of 145 acres of State land near Blessington, Co Wicklow, began at the tribunal yesterday. Th...

Gulf Cement IPO raises US$1.6bn

The Gulf Cement Company’s IPO has raised more than $1.63bn and was about nine times oversubscribed. Applicants ...