Sawiris increases Lafarge stake to 13.09 per cent
Nassef Sawiris, NNS Holding Sarl and NNS Holding increased their stake in Lafarge on March 27 to
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Vietnamese investor interested in cement plant
Vietnamese Lilama Company will apply for an investment in the hydropower development and building a cement factory with the capacity for production of 1Mta in the Lao PDR.
Aditya Birla March cement sales up 2.8%
Aditya Birla Group cement sales in March rose 2.8 per cent to 3.03Mt from a year earlier.
Binani Cement commissions new grinding unit in Rajasthan
Binani Cement Ltd has said it has commissioned the additional new grinding unit of the expansion project for production of cement at Neem Ka Thana in Sikar district, Rajasthan.
Taiwan Cement raises prices in China due to higher material costs
Taiwan Cement Corp recently raised its prices in China to reflect higher material costs, including a 20 per cent
Cement prices may soften to Rs220
Cement prices would soon retract to original range of Rs200 to Rs220 per 50 kg bag in local markets
Lafarge expects a 15-20 per cent rise in Romanian cement market
Lafarge expects a 15-20 per cent rise in the cement market in 2008, said Philippe Questiaux, general manager of LafargeCement Romania.
Chavez nationalises Venezuela cement industry
Venezuela’s President, Hugo Chavez, announced Thursday night the nationalisation of the cement industry,
Pakistan cement sales up 25 per cent in July-March
Pakistani cement sales surged 25 percent in the first nine months of the 2007/08 (July-June) fiscal year, compared with the previous year, driven by growing construction demand,
India’s ACC March cement shipments up 4.9 per cent YoY
India’s ACC Ltd said on Friday its March cement shipments rose 4.9 per cent to 1.92Mt from 1.83Mt a year earlier.
Semen Gresik may leave Pati due to tough land acquisition, Indonesia
PT Seman Gresik, plans to withdraw its investment from a US$320m plant due to tough land acquisition regulations.
Holcim Bulgaria gets green light to acquire local building materials firm
Bulgaria’s anti-trust regulator on Wednesday gave the green light to the local unit of global cement make
Portugal Semapa to benefit from UBS increased stake
UBS’s increasing of its stake in Semapa will be positive for Semapa’s share performance, investment bank
LSR Group unit in venture with OOO Cement Northwest, Russia
LSR Group said its OOO Cement unit has entered into a EUR163m construction deal with OOO Cement Northwest as part of a project to construct a cement plant in Slantsy in the Leni...
Ras Al Khaimah Cement buys S.Africa coal cargo at $150/t
UAE cement maker Ras al Khaimah Cement Co has bought a prompt cargo of South African coal from traders Glencore at around $150.00 a tonne CIF, traders said.
Lafarge aims to double Chinese production
Lafarge plans to double production to 50Mta in mainland China by 2010 and pursue acquisitions in southwestern China.
Comodoro Rivadavia inaugurates cement plant, Argentina
Petroquimica Comodoro Rivadavia (PCR) has recently inaugurated its new cement plant in Pico Truncado,
Italcementi ties up deal with Sibirskiy Cement
Through Ciments Français, Italcementi is taking a 5.4% stake in Sibirskiy Cement, the second largest
Cementir’s progress held back by Italy
Cementir generated a turnover of EUR1152.1m in 2007, which represents an increase of 9.4 per cent.
EBRD mulls EUR29.4m loan to Albania’s Antea for new plant
The European Bank for Reconstruction and Development (EBRD) is considering lending EUR29.4m to Albania’s Antea for the construction of a cement plant, the bank said.
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