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East African Portland to buy major stake in Kigali Cement
East African Portland Cement will invest close to Sh150m in a deal that will that will lead to Kenya’s second b...
Italcementi net profit at EUR 213.3m
Italcementi ended the first half of 2005 with a net profit of EUR213.3m down 2.2% compared to the same period of 2004.
EU OKs HeidelbergCement To Buy 50% Of Belgian Mermans
The European Commission cleared Germany’s Heidelberg Cement) to take a 50% share of Dutch cement company De Hoo...
FLSmidth sells Sinai Cement stake to France’s Vicat
FLSmidth has sold its 7.5 percent stake in Egypt’s Sinai Cement Company for around 100 million Danish crowns (U...
HeidelbergCement to cut workforce by 1100
HeidelbergCement AG said it will cut about 1,100 administrative jobs across Europe in a bid to reduce costs by abou...
Indonesia Semen Gresik eight month cement sales up 5% on Year
PT Semen Gresik said its cement sales in the first eight months of this year rose 5% on year to 10.66Mt, driven by ...
UAE Dubai Holding, Egypt Orascom Construction Industries set up Emirates Cement Co
UAE Dubai’s state-owned company Dubai Holding and Egypt’s Orascom Construction Industries have announce...
Madras cements to set up wind mills, thermal power plant
Madras Cements Ltd (MCL) has commissioned a 38MW (MW) capacity captive thermal power plant at its Alathiyur unit in T...
Cement production up 9.9%, Ukraine
In August, cement production fell by 3.7% to 1,328,000t compared with July.
Ciments Francais plans acquisitions in India, Turkey
French cement producer Ciments Francais SA, a subsidiary of Italian cement group Italcementi, is not excluding the ...