EUR340m bid for Swiss builders is launched by CRH
CRH has launched a EUR340m friendly bid for Swiss building materials and distribution group Getaz Romang in a strategic move that will more than double to c. EUR1bn the group&rs...
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Anhui Conch Cement seeking stakes in 3 listed companies
Anhui Conch Cement Co Ltd is seeking to acquire stakes in three listed companies via share swaps, according to local press reports.
Cimpor drops bid for Egyptian cement company MISR
Cimpor has dropped its takeover bid for Egyptian cement company MISR Cement Co SAE.
Orascom Construction Industries expands aggregates operations in Europe
Orascom Construction Industries announced that Group GLA - 50% owned by OCI - has signed an agreement for a total value of EUR 17.4m for a 100% s
Pakistan cement sector’s first-half profits down 62 per cent
After receiving 32 percent downward revision in profitability during the first quarter of the current financial year, the profitability of the local cement sector remained under...
FM warns cement firms on price hike, India
n a veiled warning to cement companies which have raised prices after the Budget, Finance Minister P Chidambaram today cautioned cement companies against acting as a cartel.
Foreign investment in KZN on the rise
Foreign direct investment into KwaZulu-Natal is increasing exponentially, with more than R27 billion invested in South Africa’s second- largest economic hub between 2000 and 200...
Wastewater purification in cement plants
Holcim Cement Plant launched the construction of a new wastewater purification system worth more than EUR 500,000.
Holcim to invest EUR22m to raise Bulgarian output
Holcim plans to invest EUR22m to expand the output capacity of one of its Bulgarian plants by the end of 2008 in view of fast growing domestic demand, Holcim Bulgaria CEO Todor...
Federal agency wants cleanup at cement plant
The owners of a Victorville cement plant - which the company says is the largest in the nation - face potentially millions of dollars in penalties for failing to
Private equity sniffing Rinker
The major private-equity groups are preparing to enter the bidding for takeover target Rinker, an analyst’s report claims.
Semapa FY sales up four per cent as weak cement ops offset strong Portucel
Semapa SGPS said sales grew four per cent to EUR1.547bn last year from a restated EUR1.490bn in 2005 as weak sales a
Gresik targets 3% rise in sales this year
Indonesia’s largest cement producer PT Semen Gresik said it is targeting a 2-3 per cent increase in cement sales to 16.47Mt this year after zero growth last year.
HeidelbergCement to divest of Vicat
HeidelbergCement intends to dispose of its 35.03% interest in Vicat during the second quarter of 2007, subject to stock market conditions.
Taiheiyo Cement liquidates rmc concrete plant
Taiheiyo Cement Corp has confirmed the liquidation of ready-mixed concrete plant Amagasaki Onoda Remicon
India cement prices harden by Rs 12 per bag
Retail prices of cement have risen Rs12 per bag with effect from Thursday nullifying the finance minister’s move to curb prices by linking excise duty to a higher rate.
Plan to expand quarry raises concerns
A cement company’s plan to expand a quarry in Richmond Township has raised concerns about losing farmland and the effect on Moselem Creek. Allentown-based Lehigh Cement Co
Construction investment to increase 70 per cent , Vietnam
Enterprises under the Construction Ministry will implement 493 investment development projects capitalised at over 35.7 trillion VND (US$2.2bn) in 2007, a 70 percent increase ov...
Cementir unveils 2007-2009 targets
Cementir, the Italian cement group, has set respective revenue and gross operating margin targets of 1.2bn and more than EUR300m in its 2007-2009 business plan, which it will t...
Morocco to increase investments in cement industry
The Moroccan cement industry has planned to invest 10 billion dirhams (US$1.18bn) for the period 2006-2010 to keep pace with the "extraordinary development"
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