GBL Bought EUR104m worth of Lafarge shares June 20
Belgian Financier Albert Frere’s holding company Groupe Bruxelles Lambert acquired EUR104m worth of shares in Lafarge
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China’s Sinoma suspends Union contract
Sinoma International Engineering Co Ltd said it has suspended a cement production line construction contract with Union Cement Company
CRH spends EUR740m on first half acquisitions
CRH has spent EUR740m in the year to date on acquisitions and is indicating a pre-tax profit for the first six months of around EUR600m, compared with EUR670m last year
Cement prices to rise in some parts of India
Cement prices are likely to go up by Rs3 per bag in Mumbai, Gujarat and the southern markets from Monday.
Holcim to invest US$100m in Colombia to boost cement output
Holcim Ltd plans to invest more than US$100m in Colombia to boost its output of cement, the company said Tuesday in a statement.
Adelaide Brighton buys concrete business
Adelaide Brighton Ltd has spent US$81m buying concrete products business Hanson Building Products Pty Ltd (HBP)
Gaza to get cement for first time in a year
The Gaza Strip on Wednesday was to receive cement shipments for the first time in a year as Israel reopened border crossings that shut down.
National Bank of Egypt sells stake in local producer
State-owned National Bank of Egypt has sold its holdings in Misr Cement Qena
Italcementi names Giovanni Maggiora new CFO
Italcementi SpA said Tuesday it has named Giovanni Maggiora as its new chief financial officer to replace Giorgio Bodo
Boral tipped to sell Adelaide Brighton stake
Building products group Boral Ltd is tipped to sell down its A$400m, 19.9% stake in cement maker Adelaide Brighton Ltd
Coal price hike to hurt Pakistan cement sector’s earnings
Pakistan cement manufacturers are seeking an increase in prices in the wake of rise in international coal prices by 139 per cent during financial year 2008.
India’s Aditya Birla June cement shipments up five per cent
India’s Aditya Birla Group said on Wednesday its cement shipments in June rose five per cent from a year earlier to 2.58Mt.
Holcim Indonesia’s new plant cost rise by 43 per cent
The construction of new cement plant of PT Holcim Indonesia Tbk in Tuban cost have increased by 25 per cent
Lafarge’s valuation trimmed on likely slowing demand
Aseambankers Equity Research has adjusted its price target for Lafarge Malayan Cement Bhd given a cloudy outlook on demand despite higher selling prices of cement.
EIB loan for Derba Midroc cement factory, Ethiopia
Derba Midroc Cement company (DMC) in Ethiopia has benefited from a EUR29m loan from the European Investment Bank (EIB).
Credit crunch slows India expansion plans
Costlier raw material and tight credit conditions have slowed down Indian cement companies’ ambitious
Polysius wins new order from Vietnam
At the end of the 1970s Polysius supplied the first plant to Hatien 2, who have been producing cement for decades now at their location at the southernmost tip of Vietnam near t...
Gresik fires Rizal Ramli over alleged link to violent protests
The shareholders of state-owned cement producer PT Semen Gresik have fired president commissioner Rizal Ramli,
Qatar National Cement semi-annual primary financial results
The board of directors of Qatar National Cement held a meeting on 29 June to discuss the primary financial results for the first half of 2008.
Loesche India procures numerous new orders
After moving to its new premises at D-83, Sector-2, Noida – 201 301, India, in November 2007, with about 110 employees, Loesche India has successfully re-established and procure...
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