Asia Cement (China) seeks M&A activity, strategic alliances
Asia Cement’s China subsidiary is seeking mergers and acquisition opportunities, as well as the creation of strategic alliances, to raise production capacity and boost its compe...
Weekly Newsletter
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Thatta Cement's Sri Lanka port project on hold
Pakistan-based Thatta Cement has temporarily suspended its proposed grinding and bagging plant in Sri Lanka’s Hambantota Port as it awaits the Land Lease Agreement (LLA) to be s...
Fitch Affirms Holcim rating, outlook stable
Fitch Ratings has affirmed the Long-term Issuer Default Ratings (IDR) of Swiss cement major of Holcim as at BBB. The outlook is stable. The ratings agency said the affirmation r...
Chettinad to acquire stake in Anjani Portland
Chettinad Cement Corp Ltd has entered into a share purchase agreement to acquire up to 61.74 per cent stake in Hyderabad-based Anjani Portland Cement Ltd for INR700m from the pr...
Pakistan February sales 8.7% higher
Pakistan cement sales rose by 8.7 per cent YoY in February 2014 to 2.135Mt, led by strong demand from the domestic market.
Vicat: full-year turnover eases
Turnover at Vicat eased by 0.3 per cent in 2013 to EUR2286m and EBITDA came off by 2.4 per cent to EUR427m, while at unchanged parameters they would have risen by 2.9 per cent a...
Vulcan Materials Florida asset sale complete
Vulcan Materials Co has concluded the sale of its cement and concrete businesses in the Florida area to Cementos Argos SA for US$720m in cash. Under a separate supply agreement,...
Italcementi: 2013 turnover declines 5.4%
Italcementi's 2013 turnover declined by 5.4 per cent to EUR4,235.4m while the underlying EBITDA way off by just 1.9 per cent to EUR631.0m.
