HeidelbergCement Q1 net rises to EUR119m on growth in Europe
HeidelbergCement AG said first-quarter net profit rose to EUR119m from EUR37m in the same period last year as business improved significantly in Europe and Central Asia, thanks ...
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Holcim raises stake in ACC
Holcim has raised its stake in India’s top cement manufacturer ACC Ltd by three per cent to nearly 42 per cent by buying shares from the open market for over Rs 6.40bn (US...
CRH says year started well; European ops outweighing challenging Americas market
CRH has said its the year has started well with a strong performance across its European activities outweighing more challenging conditions in the Americas.
New order for FLSmidth
FLSmidth has won a contract worth more than DKK 360m (approx. EUR48m) to supply machinery for a new 4,500tpd cement production line. The contract has been signed with Aresco, an...
New contract for KHD in Libya
Libyan Cement Company, Benghazi, GSPLAJ placed an order with KHD Humboldt Wedag, Germany for the rehabilitation, modernisation and upgrading of production line 3 at its Benghazi...
Sibirskiy Cement to construct plant in Kazakhstan
Sibirskiy Cement intends to construct a cement plant in Kazakhstan with a capacity of 1.2Mta of cement. Investments will total RUR5.25bn
Lafarge sees higher demand for cement, Malaysia
Lafarge Malayan Cement Bhd expects cement demand to rise considerably in the second half of this year as construction projects under the Ninth Malaysia Plan (9MP) get implemented.
CRH controls 99.49% of the Gétaz Romang shares
CRH plc announced that at the end of the public tender offer acceptance period for Gétaz Romang Holding, which expired on 3 May 2007, 99.24% of the publicly outstanding share
Some relief in cement prices, India
Finance Minister P Chidambaram’s efforts to bring down cement prices have finally borne fruit as cement manufacturers have introduced cuts in prices.
Iran ups cement output
Iran is set to produce around 42Mt of cement in the current Iranian year, which began on March 20, up from 35Mt last year, according to a senior government official cited
New plants in UAE set to ease shortages
The cement shortage affecting the UAE’s construction industry, and which has seen prices rocket, should ease shortly with new factories coming on line, reported ArabianBus...
Binani Cement taps market, India
Binani Cement has entered the capital market with a public issue of 2.05 crore equity shares of Rs. 10 each. The issue is through an offer for sale by JP Morgan Special Situatio...
Kuwait Cement Q1 net profit more than triples
Kuwait Cement posted a first-quarter profit of 15.6 million dinars ($53.96m), up more than threefold from the same period a year earlier.
Pakistan cement sales up 33% in first 10 months
Pakistan local producers sold 19.73Mt in the first 10 months of the current fiscal, rising by 32.95 per cent from 14.84Mt sold during the same period of the last year, according...
Cemex extends Rinker bid, perpetual to accept offer
Cemex has won over Rinker Group Ltd’s biggest shareholder in its $18bn bid for the Australian building materials maker.
President Obasanjo to commission Dangote cement factory, Nigeria
President Olusegun Obasanjo will on May 12, formally commission the first phase of the multi billion naira Obajana Cement factory, which consists of lines 1 and 2.
Sales of cement increases in Venezuela
Domestic sales of cement in Venezuela totaled 1.54Mt in the first quarter of this year boosted by the construction sector
Four bid for Nigerian stake in Benin cement plant
Lafarge is one of four bidders competing for Nigeria’s 43 per cent stake in a cement plant in neighbouring Benin, Nigeria’s privatisation agency said on Monday.
Halkida cement factory to restart operation, Greece
A trilateral meeting between the association of workers and the management of the AGET Heracles cement company was held in Athens on Monday in the presence of Deputy Employment ...
Lafarge looks to invest US$40m in Ventanas
The Chilean unit of Lafarge is evaluating the feasibility of building a US$40m milling plant in Ventanas, in central region V, according to local news reports.
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