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Tanzania: Banco Products to sell stake in Lake CementBaroda-based Banco Products India Ltd, along with its subsidiaries, has decided to sell its Tanzania-based cement unit Lake Cement Ltd for US$17.68m, according to a stock market disclosure. Banco...News - 09 May 2014 |
Indian expansion for FLSmidth MAAG GearThe first assemble and service unit of FLSmidth MAAG Gear in India was inaugurated on 28 April at the Bawal Growth Centre manufacturing unit, Rewari district, Haryana at the Delhi – Jaipur nationa...News - 09 May 2014 |
A trio of producers eye Lafarge Pakistan CementA three-way struggle looms for Lafarge Pakistan (LPCL) as Kohat Cement is the latest party to announce its interest in the assets of the only major cement producer in Pakistan. Kohat Cement's inte...News - 08 May 2014 |
UltraTech Cement could buy Holcim-Lafarge assetsUltraTech Cement Ltd, India’s biggest cement maker, is considering buying the local assets of Holcim Ltd and Lafarge SA, according to a person with direct knowledge of the matter. “The ready ava...News - 06 May 2014 |
Pakistan: Kohat Cement Co interested in 76% Lafarge Pakistan stakePakistan's Kohat Cement Company announced that it will participate in the bidding process for the acquisition of 1.1bn ordinary shares of PKR10 each of Lafarge Pakistan, representing 75.86 per cen...News - 05 May 2014 |
India: Ramco Cements to improve limestone quarrying efficiencyRamco Cements has commissioned two limestone beneficiation plants to improve efficiency in cement production and extend the life of its limestone quarries. The 200tph beneficiation plant at Ala...News - 05 May 2014 |
LH merger: a new era beginsLafarge and Holcim have surprised the industry by confirming their intention to combine in a ‘merger of equals’, designed to create an unrivalled building materials group with operations spanning ...Articles - 02 May 2014 |
HolcimHolcim's first-quarter turnover declined by 5.4 per cent to CHF4088m (EUR3342m), but on a like-for-lake basis, there was a 7.8 per cent increase while measured in euros the turnover was off by fiv...Corporate - 02 May 2014 |
VicatVicat's first-quarter turnover increased by 9.2 per cent to EUR536m, which represents an underlying improvement of 14 per cent. The cement turnover improved by 6.8 per cent to EUR325m, as cement s...Corporate - 02 May 2014 |
UltraTech CementUltraTech Cement has reported a 15 per cent rise in net profit of US$138m for the first quarter of 2014. This is due to tough cost control initiatives in the face of increasing pressure on input ...Corporate - 02 May 2014 |