Transaction of major stake in Dandot Cement is completed
Dandot Cement Co Ltd has informed Pakistan Stock Exchange (PSX) that Calicom Industries has acquired 63,542,787 shares of the company. Earlier, the company had reported that it ...
Acquisition
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UltraTech
In the quarter ending 31 March 2019, on a standalone basis, UltraTech Cement saw its domestic net sales increase by 18 per cent YoY to INR103.34bn. The domestic sales volume jum...
Cemex
Cemex has agreed to sell its operations in Latvia, where it owns the 1.6Mta cement plant at Broceni, as well as import and marketing operations in Sweden, where there are four, ...
Rwandan government to divest Cimerwa stake
The state of Rwanda has put up its 49 per cent stake in Cimerwa up for sale, according to an announcement made by the country’s Prime Minister, Edouard Ngirente on 9 March 2019....
PT Semen Indonesia
Semen Indonesia plans to expand its operations following its recent acquisition of Holcim Indonesia. The deal, which was carried out through Semen Indonesia’s subsidiary, Semen ...
Raysut Cement of Oman to acquire Sohar Cement
Raysut Cement Co SAOG has informed Muscat Securities Market (MSM) that it has signed a letter of intent (LoI) with the shareholders of Sohar Cement Factory LLC of Oman, with res...
Ssangyong Cement to look for new owners?
This week the potential for further consolidation in South Korea's cement market was heightened when Asia Today reported that Hahn & Co Cement Holdings could be looking to sell ...
FLSmidth acquires IMP Automation Group
FLSmidth has acquired IMP Automation to increase its portfolio of automated laboratory solutions. IMP is the global leader in automated laboratory solutions for the mining indus...
Raysut Cement targets international expansion
This week Oman's Raysut Cement Co announced that it is planning to expand its portfolio by entering the Indian cement markets of Gujarat and Chhattisgarh, as well as targeting a...
India Cements to acquire Springway Mining
India Cements has entered into a share purchase agreement to acquire the entire shareholding of Springway Mining in a phased manner. On 3 December 2018 the company purchased the...