China’s CNBM eyes cement growth
China National Building Material Co Ltd on Thursday announced billions of dollars worth of acquisition plans with the aim of tripling its cement capacity by next year.
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Azerbaijan Investment Company to invest EUR13.7m in new project
Azerbaijan Investment Company (AIC) is to invest EUR13.7m in a new cement project named ’Qaradaq Sement’
Colombian Cementos Argos to sell power plant for $112m
Colombia’s largest cement maker Cementos Argos SA and its holding company Inversiones Argos SA have agreed to sell
India’s ACC FY08 net up 16.78 per cent
Cement maker, ACC Ltd, today said its net profit has increased 16.78 per cent to
Birla Corp net sees increase of 11.84 per cent
Birla Corporation, the flagship company of the MP Birla group, has reported a net profit of INR106.40 crore in the quarter ended December 31, 2007,
Saudi Arabian Cement Co to vote US$80m Dividend Feb 27, 2008
Saudi cement producer Arabian Cement Company (ACC) has called an ordinary general meeting for February 27, 2008
Businessman Joe Berardo targets stake hike in Cimpor
Portuguese businessman Joe Berardo has acquired an almost one per cent stake in Cimpor and is targeting hiking his stake in the cement maker.
Eagle’s cement profits improve
Including its share of the jointly-owned Texas Lehigh Cement, the turnover of Eagle Materials declined by 13.9% to US$677.4m
Northern Osetiya and UMMC start construction of new plant, Russia
The ceremony of laying the first stone for Alagir Cement Plant is scheduled for today, February 1.
Holcim’s Campulung plant to become Bucharest’s largest supplier
Holcim Romania, which last year generated turnover worth 290 million euros, up 28% on 2006, will finalise an investment worth 185m euros in order to increase the production capa...
Pakistan’s Government engaged in efforts to combat climate change
The government is actively engaged in international efforts to combat climate change, as Pakistan is a party to the United Nations Framework Convention on Climate Change
Eagle Materials Inc. Reports Third Quarter Results
Eagle Materials Inc. today reported financial results for the third quarter of fiscal 2008 ended December 31, 2007. Eagle produces and distributes Gypsum Wallboard, Cement, Recy...
Pakistan cement makers hike prices despite weak sales
Cement manufacturers increased the price of 50-kilogram cement bag by Rs20 on Wednesday despite a
Pakistan starts exporting cement to India
Bilateral trade between India and Pakistan has taken a significant step forward with at least five Pakistani companies approved by the Bureau of Indian Standards (BIS)
Thang Long Cement obtains loans from foreign lenders
Thang Long Cement Joint-Stock Co. 2 has obtained three loans totaling US$240m from ANZ Banking Group, BNP Paribas and Societe Generale
CEO arrested in Sicily - Mafia involvement
Police in Sicily on Wednesday arrested the chief executive of a subsidiary of Italcementi SpA, Italy’s biggest cement maker, for alleged Mafia collusion,
Three foreign banks provide credits for cement plant
French banks Societe Generale and BNP Paribas and the Australian and New Zealand Bank (ANZ) signed a contract on Jan. 30
Jurong Cement Unit Sells Stake In China Cement Cos For S$59m
Jurong Cement Ltd’s unit Sin Chang An Holdings Ltd. has signed a deal to sell its entire 60% stake in Zhejiang Shanying Cement Co. Ltd.
China’s CNBM to raise over $600m in share sale
China National Building Material Co Ltd (CNBM), the country’s No. 2 cement maker, plans to issue up to
China regulator approves Anhui Conch Cement’s planned additional A-share issue
The China Securities Regulatory Commission said it has approved Anhui Conch Cement’s
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