Century Plyboards to demerge two divisions, India
Century Plyboards Monday said its board has approved demerger of its ferro alloys and cement division into a new wholly-owned subsidiary Star Ferro And Cement.
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Sinai Cement to pay EGP9.50 dividend
Egypt’s Sinai Cement shareholders have approved a EGP9.50 (US$1.60) cash dividend for 2010
Jan-Feb cement shipments up 6%, Peru
Shipments of cement in the Peruvian market totaled 270,562t between January and February 2011, 5.84 per cent more than that
Cementos Lima to issue US$150m bonds
Peruvian-based cement producer Cementos Lima plans to announce a bond issue of up to US$150m.
Semen Bosowa to raise IDR600bn from IPO, Indonesia
Indonesian cement maker PT Semen Bosowa plans to raise at least IDR600bn (US$69m) from an initial public offering (IPO)
Ciments Français completes the sale of Turkish activities
Ciments Français (Italcementi Group), on Friday 25 March 2011 formally completed the sale of the Turkish subsidiary Set Group Holding to
Lafarge to start construction of Uzbekistan in 2012
In the second half of 2012 Lafarge will start the construction of a 2Mta cement plant in the Jizak region (central part of Uzbekistan)
Pakistan’s DG Khan Cement receives FLSmidth Award
Pakistan’s D.G. Khan Cement Company Limited (DGKCC), has received outstanding achievement award from the Board of Management of FLSmidth A/s, Denmark, on new global records
China Shanshui Cement announces 2010 annual results
China Shanshui Cement, the largest cement enterprise in Shandong and Liaoning Provinces in China,
Cimpor completes acquisition in Mozambique
Portuguese cement producer Cimpor on Friday completed the acquisition of Mozambican sector player CINAC.
Baturina to sell her Krasnodar-based cement plants
Yelena Baturina, the wife of former Moscow Mayor Yury Luzhkov and for many years Russia’s richest woman, may sell her cement plants in Krasnodar territory to
NNS Holding increases Lafarge stage to 14.06%
NNS Holding, controlled by the Sawiris family, had raised its stake in Lafarge to 14.06%.
DG Khan Cement produces 2.2Mta of clinker
Pakistan cement producer, DG Khan plant has utilised its kiln capacity to the full and produced 2.2Mta of clinker, remaining operational for 347 days during financial year 2009/10
Egypt Misr Cement Qena to distribute EGP 16 dividend
Egypt’s Misr Cement Qena said on Sunday it will distribute EGP16 ($2.69) cash dividend per share.
Price woes damp M&As in cement sector, India
Global cement majors, who have been looking to strike M&A deals in India, are increasingly finding the existing high valuations in the 280Mt Indian cement industry a dampener.
Cement production in Czech Republic slower decline in 2010
Cement production in the Czech Republic kept falling last year, but at a slower rate than 2009. Production amounted to .3.3Mta, down eight per cent against 200
Electra to buy Israel cement unit
Gershon Salkind is succeeding where Nochi Dankner failed. Electra Ltd controlled by Salkind through Elco Holdings Ltd
Lafarge plans Brazil IPO
Lafarge is hiring banks to launch the initial public offering of its Brazilian subsidiary, according to Friday’s
North America’s gradual recovery
US-based construction material producer Texas Industries Inc has reported that it is beginning to see an improvement in volumes
Japanese reconstruction efforts to boost Taiwan producers
Due to Japanese reconstruction demand in the wake of devastating earthquake and the implementation of domestic infrastructure and public work, Taiwan`s cement industry
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