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FM warns cement firms on price hike, India

n a veiled warning to cement companies which have raised prices after the Budget, Finance Minister P Chidambaram toda...

Pakistan cement sector’s first-half profits down 62 per cent

After receiving 32 percent downward revision in profitability during the first quarter of the current financial year,...

Orascom Construction Industries expands aggregates operations in Europe

Orascom Construction Industries announced that Group GLA - 50% owned by OCI - has signed an agreement for a total val...

Readymix FY pretax profit up 32 per cent

Irish cement maker Readymix PLC reported a 32 per cent rise in full-year pretax profit, as a result of favourable ec...

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...

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