Split of non-cement assets "neutral" for Argos
The recently-announced decision by Colombia’s largest cement fir, Cementos Argos, to sell its
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LSR Group cement enters the market, Russia
LSR Group has started to sell its cement (which until now had only been consumed by the company’s subsidiaries) to other construction companies in Russia.
Lafarge WAPCO’s 4Q11 profit seen rising, Nigeria
Lafarge Cement WAPCO Nigeria Plc should expect improved returns for the year ending December 31,
Jaypee Group Acquires GP Goenka’s Andhra Cement
Jaypee Group is acquiring a controlling stake in GP Goenka group’s Andhra Cements.
Thailand’s TPI Polene’s margins squeezed
TPI Polene (TPIPL) posted a sharp QoQ decline in normalised earnings for 3Q11 due to reduced sales and margin
IDA Officially accepts Arabian Cement’s payment proposal
Egypt’s Arabian Cement Company (ACC), which had recently held a press conference to discuss its
Sibirskiy Cement gets Angarskiy acquisition green light, Russia
Sibirskiy Cement has received approval from Federal Antimonopoly Service (FAS) to acquire remaining
Lafarge in top 10 of carbon-cutting UK companies
Lafarge has ranked 7th in the UK’s first ever league table of ’green’ organisations.
RML Group reporting financial difficulties
One of the two cement suppliers to Antigua & Barbuda has reported severe financial troubles, and th
Weak public spending seen hurting Lafarge Philippine profits
Lafarge Philippines expects to end the year with a profit decline before posting a single-digit growth in 2012 due to weak public spending on infrastructure
Himachal Pradesh receives offers to establish new cement plant
Reliance Cement has proposed a 5Mt capacity cement plant the biggest so far in Himachal Pradesh, India
Lafarge WAPCO to sell 30MW of electricity to Nigerian gov’t
Lafarge Cement WAPCO Nigeria Plc says it has concluded plans to sell 30MW of electricity from its power plant in Ewekoro, Ogun State, Nigeria.
Oficemen urges government to take steps to boost demand, Spain
The fall in Spanish cement consumption has been accelerating after a slight rise at the beginning of the year.
Kenya’s Portland Cement cuts exposure to FX losses
East African Portland Cement has converted part of a yen-denominated loan into dollars to reduce its
Peru 10-month 2011 cement dispatches edge ahead
Cement dispatches in the Peruvian market amounted to 6.74Mt from January to October 2011, 1.7% more
Alleged South Africa cement cartel hearing faces tribunal
South Africa’s competition Tribunal will consider a settlement agreement reached between AfriSam — a member of an alleged cement cartel – and the Competition Commission.
Delhi HC clears Ambuja Cements’ merger with Holcim India
The Delhi High Court has cleared the merger of Ambuja Cement India Pvt Ltd with Holcim (India) Pvt Ltd.
Himachal Pradesh asks producers to take steps to reduce prices, India
Himachal Pradesh government has asked the cement companies located in the state to take immediate measures to reduce prices
Lafarge WAPCO increases supply to the Nigerian market
Ahead of the inauguration of its new cement plant in Lakatabu, in Ewekoro, Lafarge Cement WAPCO Nigeria, has increased the supply of cement
India Cement acquires coal mines in Indonesia
India Cements has reportedly acquired a coal mine in Indonesia, which is expected to go on-stream by January 2012
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