STC eyes Holcim Mauritius acquisition
In the latest step towards to completing the LafargeHolcim merger, Holcim Mauritius could become a public-private partnership (PPP) while the State Trading Corporation (STC) cou...
Acquisition
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Pakistan: Kohat Cement Co interested in 76% Lafarge Pakistan stake
Pakistan'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, represe...
Semen Indonesia allocates Myanmar spend
PT Semen Indonesia has allocated US$200m for the acquisition of a cement plant in Myanmar, Agung Wiharto, corporate secretary of the Indonesian cement group has revealed. The de...
Cementos Molins cuts back in Spain while expanding in foreign markets
As the Spanish construction crisis shows no sign of abatement, Cementos Molins expects to continue the adjustment in its Spanish workforce. The company’s vice-president and CEO ...
Portland Valderrivas explores sale of Cemento Lemona to CRH
Spain’s Cementos Portland Valderrivas is currently considering the sale of its Basque subsidiary Cementos Lemona to the Irish multinational CRH.
Tightening belts at CRH Premium
The Irish building materials company CRH Plc plans to make €300m in savings between 2013-15 by focussing on reducing energy costs, rationalising capacity and continuing its acqu...
IL&FS Trust Co ups stake in India’s Deccan Cement
Deccan Cement reported that IL&FS Trust Company increased its stake in the Indian cement producer by 2.01% to 19.82%. The transaction, understood to have taken place between Feb...
UltraTech Cement acquisition, India
India’s number one cement producer UltraTech Cement announced on Tuesday it has signed an agreement with the shareholders of Gotan Lime Stone Khanij Udyog (GKUPL) to acquire 100...
Votorantim: June '12
As part of the agreed asset exchange between Votorantim and fellow Brazilian investor Camargo Corrêa, Votorantim will acquire Cimpor's interests in Morocco, Tunisia, Turkey, Ind...
Sichuan Shuangma Cement in private placement, China
Sichuan Shuangma Cement Co Ltd, a Shenzhen-listed producer and distributor of cement, said on 2 July 2012 that it plans to issue no more than 121 million shares to 10 designated...