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German cement giant draws offer

A €6.5bn (US$7.9bn) bid for Germany’s largest cement maker looks destined for success amid a flurry of consolid...

Ciments Francais : Letter of intent for the acquisition of ASEC Cement Company in Egypt

According to a Letter of Intent signed with Citadel Capital, an Egyptian investment fund, the Italcementi Group has o...

Hanson up on takeover talk after German deal

Shares in UK building materials firm Hanson rose 2.5 percent on Monday, a leading gainer in a buoyant European constr...

Spain’s Cementos Portland Valderrivas Invests US$132m

Cementos Portland Valderrivas, S.A., the cement company pertaining to one of Spain’s leading construction and s...

Baltsem Reduces Cement production by 23.6%

In May, the Baltsem plant (Balakliia, Kharkiv region), one of the three major cement producers, reduced cement produc...

Turkish Bolu Cimento Q1 2005 Net Profit rises to US$4.3m

Turkish cement and clinker producer Bolu Cimento posted a 5.8m new Turkish lira (US$4.3m/€3.3m) net profit for the fi...

Argentine cement production up 29 per cent

Cement production in Argentina reached 590,000t in May, up 29 per cent from the same month in 2004, local press repor...

Cemex to double size of New Braunfels cement plant

Cemex USA plans to double the size of its plant in New Braunfels, a move that will add 21 jobs and that represents th...

NEC signs agreement with Barah cement factory - Jordan

A consultancy agreement to implement a diesel-generating station with a 20-megawatt capacity was signed on Saturday b...

Saudi Arabian Cement Co Board recommends US$53.3m Capital hike

The management board of Saudi cement producer Arabian Cement Company (ACC) proposed on June 12, 2005 a 200m Saudi riy...