Construction starts on Jiangxi Jinxi 5,000tpd line
The Jiangxi Provincial Economic and Trade Commission and the Provincial Environmental Protection Bureau approved the second phase of the new dry cement clinker production line o...
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Mugher Earns 409mln Birr in Gross Profit, Ethiopia
Mugher Cement Enterprise, the state-owned cement producing giant in the country, secured over
Parliamentary Committee Prods Chilanga Cement PLC.
The Parliamentary Committee on Energy, Environment and Tourism has urged Chilanga Cement PLC to
Egypt’s OCI says H1 net pft up 46 per cent to $307m
Egypt’s Orascom Construction Industries (OCI) reported a 46 per cent rise in its first-half net income on Monday to $307 million, helped by higher sales volumes.
BazelCement inaugurates restored Achinsk cement plant
BazelCement inaugurated Achinsk Cement Plant, which has been idle since 2000.
Readymix sells part of business for EUR49m
Irish cement maker Readymix today said it has sold selective parts of its precast concrete products business to construction materials manufacturer Acheson and Glover Ltd for EU...
Private equity puts down foundations
The recent spate of news stories on private equity funding, and some growing unease about their sometimes, rather secretive, methods of doing business, prompts us to look at the...
Cement plant construction launched in Jizzakh
The construction of a cement plant with the yearly production capacity of 3 million tonnes has been launched in Zafarbad district of Jizzakh region, Rosbalt reported.
Indonesia’s Semen Bosowa to go public
PT Semen Bosowa, a unit of Bosowa Corporation, has planned to arrange initial public offering (IPO) in 2008 to generate IDR1 trillion.
Malaysia’s Cahya Mata Sarawak to acquire Sarawak Clinker Sdn Bhd
Malaysian construction company, Cahya Mata Sarawak Bhd (CMSB), said Monday it plans to acquire all of cement maker Sarawak Clinker Sdn Bhd for MYR110m.
Twiga Cement pre-tax profit rises
The Tanzania Portland Cement Company (TPCC) has posted TZS22.116bn/- pre-tax profit from its operations during the first six months of 2007,
Votorantim to boost capacity, Brazil
Votorantim Cimentos (VC) is to invest around US$850m by 2010 to boost its cement-making capacity by 30% to 25Mta.
Peruvian Pacasmayo to export to Pacific countries
Peruvian cement producer Cementos Pacasmayo will use the limestone and diatomite deposits in Bayovar
Booming Poland boosts H+H
Boosted, in particular, by a very strong performance in Poland, H+H, Europe’s second largest producer of aerated concrete, increased its first half turnover
Chia Hsin Cement’s net profits up 10.73% in H1
Chia Hsin Cement generated US$ 3.107M in profits payable to the shareholders in the first half of 2007,
Greek Heracles Cement H1 group sales grow 0.5 per cent to EUR331m
Greece’s Heracles Cement said first half year group sales rose marginally to EUR331m, posting a 0.5 per cent increase over first half year 2006.
Goldman buys 25 per cent of Chinese cement maker
Goldman Sachs has agreed to buy 25 per cent of privately owned Chinese cement maker Hongshi Cement for $80m, the Chinese firm said on Friday.
South Africa cement shake-up looms
South Africa’s domestic cement market is facing its biggest shake-up since the break-up of the cartel between the three biggest producers in the early 1990s.
Turkish production grows 7.2% YoY in Jan-May
Turkish cement production increased 7.16% YoY and reached 18.7Mt in Jan-May, according to Turkish cement manufacturers’ association (TCMA).
CRH acquires remaining 55% of Cementbouw BV
CRH plc announced today that it has acquired the remaining 55% of Cementbouw BV not already owned by CRH.
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