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Russian govt to take action against monopoly in building materials industry

The state council for the implementation of priority national projects has exposed signs of monopolism in the sphere ...

PPC’s R4bn empowerment transaction to be completed early next year

The Pretoria Portland Cement (PPC) broad-based black economic empowerment deal, to be finalised early next year, will...

Indocement 9-month net profit up 25.4 percent as sales rise

Indonesia’s second biggest cement maker, PT Indocement Tunggal Prakarsa, said Wednesday its net profit for the first...

Semen Gresik considers convertible bonds in 2008

Bisnis Indonesia sources said the company will issue the convertible bonds after the issuance of US$500m bonds in Jan...

Laos cement plant put into operation

Laos has put into operation its largest cement plant in southern Khammouan province after three years of construction.

Oman Cement Co, Chinese CBMEC Sign $162m contract

Oman Cement Company (OCC) signed on October 29, 2007 an agreement with China National Building Material Equipment Cor...

CNBM Signs Cooperation Agreement with Jiangxi Province

Song Zhiping, Chairman of the Board of China National Building Material Group Corporation, signed a strategic coopera...

Anhui Conch Cement May Add to Fourfold Share Gain

Investors betting against Anhui Conch Cement Co. after a more than fourfold increase in the past year may miss out on...

Sub-prime crisis to extend into next two years; recession possible

Despite recent Federal Reserve actions, the sub-prime crisis will adversely impact investment and public spending thr...

PPC CEO says sees 6-8 per cent sales growth in 2008

South African cement maker Pretoria Portland Cement (PPC) expects sales growth of 6-8 per cent this current financia...

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