China National Building Material plans to buy stakes in 10 China cement firms
China National Building Material Co Ltd (CNBM) said it has signed letters of intent (LOI) to acquire stakes in 10 cement companies in China.
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Ormat Technologies to supply recovered energy generation unit to the Italcementi Group
Ormat Technologies, Inc announced that its subsidiary has entered into a US$5.7m agreement with Italcementi Group for the supply of one
China’s Sinoma wins US$119.5m in contracts from HeidelbergCement
Sinoma International Engineering Co Ltd said it has won bids to build cement production lines for two plants owned by HeidelbergCement,
KHD Humboldt signs US$110m Saudi contract
KHD Humboldt Wedag International Ltd. has been contracted by Saudi Arabia-based Arabian Cement Company to build a new cement production line with a capacity of 5000tpd of clinker.
HeidelbergCement sells Maxit unit to Saint-Gobain
HeidelbergCement announces that it has entered into an agreement with Compagnie de Saint Gobain on the sale of maxit Group.
Eastern Europe pushes Dyckerhoff ahead
Buzzi Unicem’s quoted subsidiary Dyckerhoff increased its fist half turnover by 29.8% to EUR810m, helped by an initial contribution from its new Dutch subsidiary,
HeidelbergCement shows good margin improvement
HeidelbergCement raised turnover by 12.5% to EUR4,810.8 in the first half of 2007m, with the EBITDA advancing by 19.7% to €974.5m.
Anglo American plans to put Tarmac up for sale
Anglo American will sell its UK-based building material business Tarmac in what will be the final step of its assets restructuring programme,
Cartelisation in cement industry an illusion: CMA Chief
Cement manufacturers, whom the country’s anti-monopoly watchdog suspects of forming a cartel to push up prices, today said the talk about cohesion was nothing more than wi...
China’s investment in cement industry surges 54.27% in H1
China’s investment in cement industry surged 54.27 per cent in the first half of this year, according to the latest statistics announced by the National Development and Re...
HeidelbergCement Q2 boosted by Vicat stake sale
HeidelbergCement reported a boost to second-quarter profits on Monday on the back of the disposal of its stake in French building materials group Vicat.
Jaiprakash Associates to invest in cement units
Infrastructure major Jaiprakash Associates (JAL) will invest Rs 4,000 crore by 2009 to increase its cement capacity by more than three-fold to 25Mt.
Venezuela takes step to expropriate cement company assets
Venezuela has declared the assets of the Corporacion Cemento Andino of public utility and social interest,
Mexico’s Moctezuma to build new cement plant
Mexico’s Corporacion Moctezuma plans to build a new cement plant in the Gulf of Mexico state of Veracruz, to meet growing demand.
Hebei’s Cement Export Price Soars in H1
The average cement export price reached US$ 42/t in the first half of 2007 in Hebei Province, up 26.4% year-on-year, and US$ 9/t higher than
Pakistani cement exporters to get certificates till September 15
Pakistani cement manufacturers after getting provisional export certificate from India till September 15, would be able to export cement to India.
Carib Cement recovers from cement crisis
There has been a major turnaround in the financial performance of Caribbean Cement Company Limited.
Kenya cement merger on the cards
The Kenya government has received a proposal for the merger of the two largest cement producers in Kenya, Bamburi Cement Ltd and East Africa Portland Cement Ltd
Jidong Cement’s Export Volume down 79.8% in H1 Year-on-year
Jidong Cement exported 190,000t of cement in the first half of 2007, down 79.8% year-on-year, according to Shijiazhuang Customs on August 1st.
Italcementi’s Asian profits grow by 39%
Italcementi’s first half turnover increased by 5.6% to EUR3073.1m, but the EBITDA declined by 1.7% to EUR726.9m and the reduction at the trading level increasing to 5.1% t...
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