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Cemex move to improve balance sheet

In a further move to reduce the debt on its balance sheet in the wake of the cash acquisition of RMC Group, Cemex has...

Morgan Stanley chosen as prime bidder for Ssangyong Corp

Global investment bank Morgan Stanley has been selected as the preliminary preferred bidder for Ssangyong Corp, a tro...

Firm warns of slump; as cement profits fall

The mainland’s cement sector should brace for a slump in the next two years in the wake of anti-inflation measu...

YTL Cement buys Singapore rival

YTL Cement Bhd, a cement producer that is a unit of YTL Corp Bhd, has agreed to buy a fifth of Singapore rival Jurong...

Italian Italcementi Mulls Asia Expansion - Chairman

Italian cement producer and distributor Italcementi is studying expansion in Asia, the company’s chairman Giamp...

Romania Buys 49% of Thermo Eco Rec

Holcim Romania, a unit of Swiss cement company Holcim Ltd, has bought a 49 per cent stake in the local waste recyclin...

Shiva Cement gets nod for debt revamp plan

The Rourkela-based Shiva Cement Ltd has received in-principle approval for its debt restructuring plan from its conso...

Binani to sell 25% of cement arm to investor

Binani Industries Ltd. said on Friday it would sell 25 per cent in subsidiary Binani Cement Ltd to a foreign investor...

Spain Cementos Molins posts EUR41.6m net profit

Spanish cement maker Cementos Molins posted a net profit of EUR41.6m (US$51.9m) for the first half of 2005, a 3.7 per...

Groups sue Mountain Cement for polluting

Two conservation groups have taken Mountain Cement plant in Laramie to court, claiming that the plant has violated fe...

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