AfriSam ties up deal with R6bn funding
Construction materials group AfriSam said on Friday it was ready to grow its business now that it had secured ZAR6bn in equity investment funding from the Public Investment Corp...
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Lafarge’s Bengal unit to be operational from Sept-Oct
The 1Mt greenfield plant by Lafarge at Mejia in West Bengal is likely to begin commercial production by September-October.
Brazil: Itambe expands cement capacity in Balsa Nova
Itambe, the cement manufacturer based at Balsa Nova (Parana) is investing BRL$400m over the next three years of which
Ultratech Cement Q1 net up two per cent
Aditya Birla Group company Ultra Tech Cement today announced a net profit of
Qatari Cement Co posts annual profits worth US$69m
Qatari National Company for Cement Industry announced Friday annual profits totaling
Merrill Lynch invests US$50m in China’s Ziping
Merrill Lynch & Co Inc has signed an agreement to buy 46 pct of Ziping Cement Co for US$50m
Shiva Cement sales rise 24.1% in Q1
Shiva Cement announced that the despatch of cement during the quarter, April - June 2008 rose by 24.1% as compared to previous quarter last year.
Shree Cement sees steady margins in FY09
India’s Shree Cement expects steady margins in FY09
Sabanci raises controlling stake in Akcansa to 39.7%
One of the leading Turkish conglomerates, Sabanci Holding, informed that it purchased Akcansa Cimento Sanayi shares with a nominal value of TRY 14.3
Aditya Birla eyes coal mines
India’s Aditya Birla Group Friday said the group is looking to buy coal mines overseas to lower input costs
Belarus output up 10 per cent in first six months
Belarus’ cement output in the first six months of 2008 totaled 2Mt, a 10 per cent YoY increase, according to the Ministry of Statistics and Analysis.
PPC: new appointment to the board
The board of directors of Pretoria Portland Cement Company Limited (PPC) has announced the appointment of Mr. Tim Ross to the board of directors with effect from 17 July 2008.
Rajasthan rejects limestone mining applications
BK Birla Group’s Mangalam Cement, Sanghi Industries, MP Birla Group’s Birla Cement, Indorama
Goldman cuts Anhui Conch, CNBM to sell
Goldman Sachs cut China’s Anhui Conch and China National Building Materials to sell from neutral, citing a gloomy outlook for the country’s cement industry.
Cement makers likely to slash capacity by 8% this year
ACC, UltraTech Cement and other Indian cement makers may cut capacity utilisation by as much as eight per cent in the financial year ending March 2008
Cessa investing US$25m to increase production capacity
El Salvadorian cement company Cessa will invest US$25m this year in its Maya
Siam Cement to post 27% fall in 2Q net profit
Siam Cement PCL, Thailand’s largest industrial conglomerate, is expected to report a 27% fall in second quarter earnings from a year earlier when it had substantial one-ti...
Holcim’s high hopes for Oamaru, New Zealand
Holcim NZ is confident it has the corporate and community support for a proposed $300-$400 million Oamaru cement plant to complete the project by 2012, despite a near doubling o...
Pakistan cement exports hit record high
Pakistan cement exports after earning a historical level of US$435m foreign exchange during financial year 2007-08
Holcim Romania 1H08 turnover up 20 per cent
The Romanian unit of Holcim said its turnover rose by 20 per cent YoY in the first half of 2008
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