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Planning positive moves

Despite a recent deceleration in economic and construction growth, the Turkish cement industry has performed well in recent times. Going forward, local producers and the Turkish Cement Manufacture...
Articles - 07 October 2013

UltraTech Cement

A complaint filed by local villagers threatens to undermine UltraTech Cement’s recent purchase of the 4.8Mta Kutch cement plant from Jaiprakash Associates Ltd. The deal not only includes the plant...
Corporate - 30 September 2013

Mykolaivsement announces supervisory board reshuffle

As a result of the recent change in ownership from Lafarge to CRH, Mykolaivtsement has announced changes to its supervisory board including the position of chairman. Supervisory board chairman ...
News - 27 September 2013

Jaiprakash shortlists new round of divestments

Hot on the heels of selling its Gujarat cement facilities to UltraTech earlier this month, Jaiprakash Associates has initiated talks to sell two units in the Indian state of Himachal Pradesh to fu...
News - 26 September 2013

CRH announces US management changes

CRH plc announces that Doug Black, chief operating officer of Oldcastle, Inc (the holding company for CRH's interests in the Americas) is leaving the group to pursue other interests.  As a result ...
News - 19 September 2013

UltraTech acquires Jaiprakash's Gujarat assets

Jaiprakash Associates Ltd has confirmed it will sell its cement assets in Gujarat to UltraTech Cement Ltd for around INR38bn (US$598m) including debt. UltraTech, the country's largest cement mak...
News - 12 September 2013

CIS cement developments

Cement demand in the CIS markets of Azerbaijan, Kazakhstan, Turkmenistan, Ukraine and Uzbekistan has demonstrated sound growth in recent years, particularly in light of some of the corrections see...
Articles - 09 September 2013

CRH

CRH's Indian joint venture My Home Industries is acquiring Sree Jayajothi Cements Ltd in Andhra Pradesh (southern India) with a 3.2Mta cement capacity for an enterprise value of €175m. CRH's equit...
Corporate - 03 September 2013

UltraTech Cement

UltraTech Cement has reported a 13.5 per cent fall in its profit after tax in the quarter ending 30 June, dropping from INR7.78bn in 2Q12 to INR6.73bn (US$111m). Profit before interest, depreciati...
Corporate - 02 September 2013

CRH hit by hard winter

CRH's first-half turnover declined by 3.2 per cent to €8007m and the EBITDA fell by 24 per cent to €397m. The trading profit dropped by 74.7 per cent  to €41m and the pre-tax result fell from a €1...
News - 21 August 2013