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IFC, KKR consider buying stake in China cement maker

Private-equity firm Kohlberg Kravis Roberts & Co. and International Finance Corp. may take stakes in a Chinese cement...

Complant sells 77% shares in Dingxin Cement for RMB480m

China National Complete Plant Import and Export Corporation announced today that the company successfully transferred...

India cement price freeze won’t cut coal demand

Cement makers attending the Coaltrans India coal conference in Mumbai said that they had been willing to cooperate wi...

Conch cement consignment to arrive amid chaos

A ship carrying the first consignment for South Africa from Conch Cement is scheduled to dock in Durban this week ami...

Ciments Francais plans EUR1.5bn investments

Ciments Francais, a unit of Italian cement group Italcementi, plans investments worth EUR1.5bn (US$1.964bn) in the n...

Turkish Akcansa 2006 net profit rises by a quarter

Turkish cement producer Akcansa said its net profit rose by a quarter to TRL146.5m (US$103.15m) in 2006 from a year...

Iran nominal cement production capacity to grow

Iran is planning to increase its annual nominal cement production capacity to 72Mt by the end of the Fourth Five-Year...

Saudi tycoon sets up $19.5m cement firm in Ethiopia

Ethiopian-born Saudi magnate Sheikh Mohammad al-Amudi paid on Thursday 8 March close to US$19.5m on behalf of Derba-M...

Cimpor denies involvement in Brazilian cement/concrete cartel

Cimpor said that to the best of its knowledge it is not involved in any cartel to fix prices in the Brazilian cement ...

Zenith Bank Wins Award for project finance, Nigeria

Recognition for quality service came the way of Zenith Bank Plc again at the weekend with the award to the bank of th...

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